Auto slowdown slowing down as U.S. sales stumble on shortages July 7, 2021 U.S. automotive sales are starting to feel the drag from a shortage of key components including microchips. Sales of cars and light trucks dropped by 14.1% in June 2021 versus June 2019. Sales of foreign-made vehicles fell by 4.1%. Seaborne imports in June will determine availability for sales... Read more →
Volkswagen, BMW face power component patent case June 1, 2021 The U.S. International Trade Commission received just two petitions to investigate trade policy infractions in May, the lowest since Jan. 2019. Both were intellectual property infraction suits. One involved the energy drink Electrolit imported from Mexico where shipments fell by 42.0% year ove... Read more →
Chip shortage taking a toll on auto shipments, sales may follow April 6, 2021 U.S. auto sales appeared to stage a significant recovery in March with a 59.7% year over year jump. Yet, that was down to the start of the pandemic a year ago with sales down by 1.1% compared to the same period of March 2019. The challenge for the automakers will be managing global supply chai... Read more →
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