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Global automakers report huge sales increases in spite of pandemic and chip shortage, due to ramped-up exploitation of workforce

Global automakers report huge sales increases in spite of pandemic and chip shortage, due to ramped-up exploitation of workforce Auto companies reported substantial sales increases for the second quarter of 2021 compared to the same time last year, in spite of an ongoing worldwide microchip shortage which has idled much of the worldโ€™s auto production. Some corporations have reported sales numbers that reveal a closing of the gap between post- and pre-pandemic production. However, Wards Intell...
United States Elon Musk Volvo Workers Committee Ford Chicago Assembly Plant Jefferson North Assembly Plant Sterling Heights Assembly Plant
Source: wsws.org

U.S. quarterly auto sales jump on strong SUV demand, shift to EVs

By Reuters Staff 3 Min Read (Reuters) -U.S. automakers on Thursday reported a sharp rise in quarterly sales on strong demand for SUVs and pointed to the trend continuing into 2022, as more people shift to private conveyance and new electric vehicles (EVs) line up for launch. FILE PHOTO: The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. REUTERS/Rebecca Cook Low interest rates, government stimulus and a preference for personal tra...
United States Ankit Ajmera Sanjana Shivdas Elaine Buckberg Shinjini Ganguli Vinay Dwivedi

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