Protestors blocking traffic between the U.S. and Canada to oppose vaccine rules have further stretched an auto supply chain already worn thin by pandemic-related labor shortages and a scarcity of chips.
Surging prices of the raw materials needed for your refrigerators, automobiles, window frames and plumbing show no signs of abating as America’s supply chain crisis spills into another year.
As the pandemic sent shockwaves through the global economy, the impact was felt across industries. Among the hardest hit sectors, the automotive industry experienced profound disruption, signaling the need for supply chain modernization.
President Joe Biden wants electric vehicles to account for 50% of new car sales by 2030. But to meet that target he may have to sell the cars to a skeptical demographic: Donald Trump voters.
The automotive industry has been severely hit by the current shortage of semiconductor chips. But the impact of the crisis extends beyond the manufacturing of cars — it’s also affecting the world of automotive insurance.
U.S. economic growth accelerated by more than forecast in the fourth quarter, fueled by the rebuilding of inventories and capping the strongest year since the 1980s.
The humanoid robots will be important to address the labor shortage in the U.S., and their first use will be in Tesla’s own factories, said Chief Executive Officer Elon Musk.
Shipping companies and software developers are experimenting with self-driving trucks as a way to solve a driver shortage worsened by the COVID-19 pandemic, drawing fire from safety advocates who call the technology a risk to motorists.
China’s zero tolerance approach to Covid has idled Toyota Motor Corp. and Volkswagen AG factories — a troubling sign for global carmakers as the omicron variant begins to spread in the world’s biggest auto production hub.
The latest supply-chain news, analysis, trends and tools for executives in the automotive industry — which consists of companies that produce automobiles, utility vehicles, motorcycles, all-terrain vehicles and heavy trucks. Learn how automotive companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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