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Auto industry has struggled with shortage in computer chips and other vital parts for more than a year, however, Russia's war against Ukraine, has thrown up yet another obstacle due to which vehicle prices are expected rise into next year.
Russia’s devastating war on Ukraine is bringing a whole set of new problems to the global auto industry, just as it was starting to recover from the pandemic...
BMW has halted production at two German factories, Mercedes is slowing work at its assembly plants and Volkswagen is warning of production stoppages.
DETROIT — BMW has halted production at two German factories. Mercedes is slowing work at its assembly plants. Volkswagen, warning of production stoppages, is looking for alternative sources for parts.
BMW has halted production at two German factories. Mercedes is slowing work at its assembly plants. Volkswagen, warning of production stoppages, is looking for alternative sources for parts. For more than a year, the global auto industry has struggled with a disastrous shortage of computer chips and other vital parts that has shrunk production, slowed…