Volkswagen Group has secured enough chips for now. CEO Oliver Blume highlights the fragile chip supply chain. A Chinese export ban on Nexpe...

ON Semiconductor Corp. is setting up a $2 billion production facility in Roznov pod Radhostem, Czech Republic, marking the country's larges...

India's automobile exports fell by 5.5% in FY24 due to global monetary crises, with overall exports totaling 45,00,492 units. SIAM Presiden...

The carmaker was also building a database to help predict geopolitical, natural and supply chain risks ahead of time, as it did for financi...

Automakers have yet to overcome a semiconductor crunch that has challenged their operations for over a year.

That would be good news for Indian buyers who are waiting to get the delivery of their cars and SUVs, some of which have a waiting period o...

The pan-European STOXX 600 index rose 0.6% after sliding to its lowest since May 2021 in the previous session. The benchmark was on course ...

Carmakers around the world have been hit by a shortage of semiconductors caused by COVID-19 supply-chain disruptions as well as soaring sem...

Since late last year, the chip shortage hasn’t let up, prompting vehicle production to plummet even below levels of last year when the pand...

The shortage, due to supply problems and a surge in demand for consumer electricals during the pandemic, has hit the auto industry hard, wi...

Volkswagen, Europe's largest carmaker, dropped 2.7% after cutting its deliveries outlook and reporting lower-than-expected quarterly profit...

Rajeev Chaba, President and MD, MG Motor India, said, “We are ecstatic about the response we have received from the customers. However, giv...

A lack of chips used in everything from navigation systems to certain rear-view mirrors has forced carmakers to curtail production just as ...

The deal with IG Metall, struck after 14 hours of negotiations in what was the fifth round of talks, will see salaries rise by 2.3% from Ja...

The chip crunch was born out of an understandable miscalculation as the coronavirus pandemic hit last year. When Covid-19 began spreading f...

Electronic gadgets and cars will be in shorter supply or more expensive throughout 2021.

VW agreed to compensate Bosnian parts maker Prevent Group for a canceled contract and extend their partnership for another six years.