while any hopes of a lasting recovery later on were dashed by a severe shortage of semiconductors - or computer chips. These are critical components in modern cars, being used in areas such as ...

The chip shortage that is disrupting global car production could continue into 2022 and even 2023, a leading German car industry figure has said. Covid had been a stress test for the industry ...

Mobileye forecast preliminary 2024 revenue below estimates showing that the automotive chip industry ... go for used cars or a lower variant, impacting demand. China faces a shortage of an ...

LMC Automotive predicts a reduction of more than 2 million cars and trucks combined for the year. For North America, LMC Automotive estimates that for all of 2021, the chip shortage would reduce ...

Major auto and truck manufacturers have announced extended shutdowns and it’s the chip shortage still to blame ... needed to produce new trucks and cars. Ford says the F-150 production plant ...

Tesla (TSLA) CEO Elon Musk has said that he's not worried about the ongoing semiconductor shortage. While attending a tech event on Friday, Musk said the chip shortage is a “short-term” problem.

Read more: Hot EV startups like Rivian were already struggling to get cars to market - then the chip shortage hit ... ACT Research did not immediately respond to Insider's request for comment.