Ukraine war: Car prices could soar even higher as Russia's invasion worsens supply chain crisis
Just as the car industry hoped to recover from COVID shutdowns and a computer chip shortage, the war in Ukraine is causing a set of new problems.
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Just as the car industry hoped to recover from COVID shutdowns and a computer chip shortage, the war in Ukraine is causing a set of new problems.
With buyer demand high, materials scarce and the war causing new disruptions, vehicle prices are expected to head even higher well 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. Volkswagen, warning of production stoppages, is looking for alternative sources for parts.
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