Published: Oct 24, 2021
Japanese automakers expect production to be down by at least 1.3 million units in fiscal 2021 due to the global semiconductor shortage and the covid-19 pandemic in Southeast Asia, according to eight major manufacturers.
Published: Feb 15, 2020
Carmakers in South Korea said Saturday some of their assembly lines are still short of auto components as parts suppliers in China partially resumed operations this week amid no signs of the new coronavirus slowing.
Published: Dec 05, 2019
It's turning out to be one of the worst years ever for auto workers across the globe amid shrinking demand and a tectonic shift in vehicle technology, with Daimler and Audi announcing almost 20,000 job cuts in just the past week.
Published: Apr 20, 2017
SHANGHAI - Southeast Asia's potential beckons as global automakers look beyond China's massive market to extend their sales boom in the region, but executives say they face a struggle to match the explosive Chinese growth.