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Morrison said that since GM dealt with disruptions during the pandemic, the automaker has taken a deeper look into its supply chains to better track parts and potential issues.
Supply chain issues have hampered the industry since the beginning of the pandemic, but analysts following the industry say that automakers have offered mixed signals about the state of the market.
Shortages of computer chips and other parts continued to hobble the U.S. auto industry last year, contributing to vehicle sales dropping 8% from 2021 to their lowest level in more than a decade.
When the COVID-19 pandemic began to shut down manufacturing facilities, it set off a chain reaction of disruption to the many companies which adopted lean principles in their production pipeline. Later, as demand skyrocketed for consumer goods and medical supplies like personal protective equipment (PPE), these same facilities were unable to ...
Mar. 18—Severe weather, port blockages and microchip shortages are wreaking havoc on U.S. auto production with Toyota Motor Corp. and Honda Motor Co. Ltd. now facing disruptions. The Japanese ...
What we learned from the pandemic is that significant disruptions to the automotive supply chain can have an impact on the market." Also learned from the pandemic were ways to mitigate supply ...
Between 2020 and 2023, there was a worldwide chip shortage affecting more than 169 industries, [1] which led to major price increases, long queues, and reselling among consumers and manufacturers for automobiles, graphics cards, video game consoles, computers, household appliances, and other consumer electronics that require integrated circuits (commonly called "chips").
The threat from the coronavirus crisis closed in on the global auto industry on Thursday, as Fiat Chrysler Automobiles NV warned that a European plant could shut down within two to four weeks if ...