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 →
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 →
Semiconductors aren’t the whole problem for Nissan, General Motors February 4, 2021 The automotive industry is struggling to manage fluctuating demand and component availability. Exports from Japan by the big seven automakers fell by 7.7% year over year in December, including a 14.2% slide in Nissan’s shipments and a 14.3% drop in Subaru’s. All seven have had to pause product... Read more →
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