April U.S. auto sales: Toyota, Ford, Honda, Hyundai, Kia volume falls by double digits again as chip woes bite

April U.S. auto sales: Toyota, Ford, Honda, Hyundai, Kia volume falls by double digits again as chip woes bite

U.S. gentle-auto product sales fell 17 p.c to about 1.26 million in April from a 12 months earlier, when sector quantity soared briefly, as crucial sections shortages and jammed supply strains continue to undermine mild-automobile output and shipments. But in a indication of incremental development, LMC Automotive on Wednesday described market sales rose by 5,000

Inventory shortage woes: Midwest customers will wait the longest, study shows

Inventory shortage woes: Midwest customers will wait the longest, study shows

The automobile shortage has afflicted dealerships all over the U.S. enormously, but a review unveiled by analytics business Development from Information located that Midwest prospects are prepared to wait the longest to get the auto they want. Over 17,000 people who have been knowledgeable of the chip shortage were surveyed, and 33 {a78e43caf781a4748142ac77894e52b42fd2247cba0219deedaee5032d61bfc9} said they

Rivian boosts production of pickups after last year’s woes, report says

Rivian boosts production of pickups after last year’s woes, report says

Even though the accelerated level this yr is a indicator of progress, Rivian’s good results will count on the organization honing its manufacturing procedures and navigating the provide-chain disruptions. The company’s EVs have been hotly expected as real competition to market incumbent Tesla Inc., in portion for the reason that they are greater, bulkier and