Your daily updates around automobile industry
Credits: www.indianexpress.com The disruption of supply chains has created a shortage of chips, forcing automobile makers to slow down production. How does the global chipmaking industry work, and how did similar shocks play out earlier? Mercedes-Benz India has recently issued advertisements appealing to potential customers to bear with “a short waiting period” for vehicle deliveries. […]
Credits: www.vietnam-briefing.com With a rapidly expanding market fueled by a fast-growing middle-class, Vietnam has been an attractive destination for major automobile manufacturers from Japan, Korea, the US, and the EU for several years. The EU-Vietnam free trade agreement (EVFTA), which came into effect on August 1, 2020, has made the market even more promising for European manufacturers […]