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BMW Partners With Nvidia to Take Digital Factory Planning to Another Level
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Silver Lake invests in Abu Dhabi s AI and cloud computing company G42
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Tuesday, April 13, 2021
This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities.
Key developments
LMC Automotive raised its forecast for U.S. light vehicle sales to
16.6 million units for full year 2021, while noting an increased risk of production disruptions stemming from parts shortages.
Due to the semiconductor shortage,
GM and
traditional two-week summer shutdown has been
canceled for the majority of Ford’s U.S. plants.
U.S. fleet sales were down by 28% for Q1 2021 compared to the same period last year, according to Cox Automotive.
New-vehicle inventories fell to 2.4 million units industrywide for the U.S. in March, representing a decline of 37% from March 2020.