Automotive analyst Daniel Harrison predicts the Covid-19 crisis will cause a global decline in vehicle sales this year of around 14m units, including both passenger and commercial vehicles, down 15.4% from last year…
Automotive analyst Daniel Harrison predicts the Covid-19 crisis will cause a global decline in vehicle sales this year of around 14m units, including both passenger and commercial vehicles, down 15.4% from last year. Forecasting the figures in the latest livestream webinar – Automotive Supply Chain May Update, he said in the best-case scenario the impact of the pandemic would be felt for at least four to five years.
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Tesla is battling parts and labour shortages as it tries to recover its manufacturing capacity in Shanghai, China in face of widespread Covid-related disruption
Covid restrictions in Shanghai are hitting operations for a number of carmakers including SAIC, GM and Tesla and VW, as well as their tier suppliers, with some looking at keeping workers on site for the duration of the lockdown
The spread of Covid-19 in South-East Asia and ongoing semiconductor shortages mean Toyota is having to reduce vehicle output from its global assembly plants by 40% next month
