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Founded by ex-F1 drive Jacques Laffite's nephew, Laffite Automobili just unveiled three new Giugiaro-designed electric hypercars

Chip constraints create domino effect in Korea's auto industry Posted : 2021-04-18 16:37 Updated : 2021-04-18 21:23 By Kim Hyun-bin The global chip shortage has impacted major automakers worldwide and Korea is also seeing a domino-like effect with consecutive shutdowns of plants at major local powerhouses such as Hyundai, Kia and GM Korea. The shutdowns have impacted best-selling lineups ― Hyundai will halt production of its Grandeur and Sonata sedans, Monday, as will GM Korea with its Chevy Trailblazer. The Grandeur has been Hyundai's bestselling model for four consecutive years with ov...

Author Bio John Rosevear is the senior auto specialist for Fool.com. John has been writing about the auto business and investing for over 20 years, and for The Motley Fool since 2007. Follow @john__rosevear General Motors (NYSE:GM) said that it will temporarily idle three factories and run a fourth at half speed amid a growing global shortage of semiconductor chips critical to the auto industry. GM joins a growing list of global automakers that have been forced to reduce production because of a shortage of key chips, a result of increased global demand for higher-end ...