2021 Auto News

Why there is a microchip crisis and how it’s affecting auto industry at large?

Credits: www.auto.hindustantimes.com The ongoing microchip crisis has hit the auto industry hard enough and the scarcity is expected to remain for at least first half of 2021. The global auto industry has been shaken severely by the Coronavirus pandemic and with its devastating effect yet to be faded, the automobile sector is facing another headwind […]

2020 Auto News Auto Sales USA automobiles

Coronavirus Effects on the Automotive Industry

With almost 17 million people already affected by the coronavirus, the automotive industry has also taken a massive hit. The automotive world is witnessing an enormous decrease in sales, with IHS Markit forecasting a possible 22% drop in light vehicle sales year on year. When the COVID-19 epidemic started in China, few expected an outbreak this big. Lockdowns have […]