S&P Global Mobility Predicts Impacts of Ukraine War
The Ukraine War will lower global light-duty vehicle production through next year by millions of units, predicts the automotive research firm.
The Ukraine War will lower global light-duty vehicle production through next year by millions of units, predicts the automotive research firm.
Total losses add up to $300 million, with a $155 million hit to automakers and $145 million in lost direct wages.
Production cuts because of a shortage of microchips slow.
Taiwan is at work to address the global shortage of semiconductors, reported Economy Minister Wang Mei-hua after meeting with the newly appointed de facto U.S. ambassador in Taipei.
Nissan will suspend production of the Murano, Leaf and Maxima at its Smyrna, Tennessee, plant for four additional weeks after its summer shutdown ends.
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