Stellantis engine plant loses drive while passing on higher costs in Brazil April 19, 2021 Stellantis has furloughed around 1,000 workers at its engine operations in Indiana due to a shortage of semiconductors across its supply chain. The engines are normally destined for Brazil, where the firm’s CEO Carlos Tavares has noted “purchasing inflation on local components” which has been ... Read more →
Hindalco sees auto aluminum supplies near pre-COVID levels August 21, 2020 Hindalco reported calendar Q2 revenues which dropped by 15.6% year over year due to reduced global demand for aluminum and copper resulting from the COVID-19 pandemic. Life may be getting back to normal for the firm though with MD, Satish Pai, noting “all plants are operational, and many are n... Read more →
Panjiva Daily: Uniform regulations, divergent methods; the “lobster king” and the elections June 9, 2020 The implementation of new USMCA “uniform regulations” may require very different adaptations to supply chains among the auto assemblers and component suppliers. New calls for lobster tariffs are more about the elections than trade policy. Also: COVID-19 disrupts Brazilian commodity exports in ... Read more →
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