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 →
Panjiva Insights: Steering through the skid – Auto supply chains in 2021 January 21, 2021 Panjiva Research took part in Battlefin’s “Auto & Transport Data-rama” event on Jan. 21. This report covers the main questions asked. The autos industry has faced a challenging pandemic and was among the first affected by factory closures and demand destruction. The latter is abating with U.S.... Read more →