Browsing Tag:shortage

how-a-chip-shortage-is-battering-the-automotive-industry
A semiconductor shortage is hurting the automotive industry, forcing companies to cut production and leaving dealers with less inventory.Industry analysts estimate the shortage could cost the entire industry $ 60 billion. These include automakers, suppliers and dealers, among others. In early 2020, automakers were hit by production slowdowns due to Covid-19 pandemic lockdowns and security measures.Meanwhile, the semiconductor...
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waiving-covid-vaccine-rights-wont-solve-global-supply-shortage-cipla
The world is facing a huge shortage of Covid-19 vaccines, and surrendering intellectual property rights is not going to solve the "most immediate problem", says the global CEO of an Indian pharmaceutical company."I'm not sure if an IP waiver at this point is something that ... can solve an immediate problem," said Umang Vohra of Cipla, who sees two...
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governor-desantis-declares-state-of-emergency-over-gas-shortage-in-florida-bidengaslines
Governor Ron DeSantis declared a state of emergency on Tuesday evening over Florida's gas shortage after "hackers" brought the colonial pipeline to a standstill.DeSantis said the attorney general was looking for price cuts.According to Fox 13, between 1/3 and 1/2 of Florida gas stations are out of gas.TRENDING: Rand Paul speaks to Dr. Fauci on Funding the Wuhan...
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chinese-electric-automaker-nio-says-chip-shortage-will-slow-car-deliveries
Nio plans to begin delivering its ET7 electric sedan from 2022.Evelyn Cheng | CNBCBEIJING - Chinese electric car startup Nio said on Friday it assumed a global chip shortage would affect vehicle deliveries in the second quarter.A fire in March at a Japanese chip factory owned by Renesas exacerbated an existing semiconductor shortage that forced major automakers to...
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gm-cuts-overtime-shifts-at-two-u-s-truck-plants-due-to-chip-shortage
Line workers work on the chassis of full-size General Motors pickups at the Flint Assembly facility in Flint, Michigan on June 12, 2019.JEFF KOWALSKY / AFP / Getty ImagesGeneral Motors this weekend is cutting overtime production at two U.S. assembly plants that are making highly profitable full-size pickups due to the ongoing shortage of semiconductor chips affecting the global...
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