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The chip shortage is expected to cost the global automotive industry US$210 billion in revenue in 2021. [51] [52] [needs update] Despite lower sales, some manufacturers increased profits over 2020, as Toyota and General Motors, for example, saw record profits for 2021, due to resilient demand and decreased financial incentives offered to buyers.
Automotive News is a weekly newspaper established in 1925, written for the automotive industry, predominantly for individuals corresponding with automobile manufacturers and automotive suppliers. [2] It is based in Detroit and owned by Crain Communications Inc. [ 3 ] Globally, there are more than 55 editors and reporters.
The Alliance for Automotive Innovation (AAI) is a Washington, D.C.–based trade association and lobby group whose members include international car and light duty truck manufacturers that build and sell products in the United States.
With the cash cow F-150 pickup and Expedition full-size vehicles updated in 2024, Ford’s 2025 will consist of updates to the Mustang and Ford Transit commercial van along with the release of the ...
2008–2010 automotive industry crisis; ... Automotive News; Automotive warranty; Autorack; B. ... This page was last edited on 20 October 2021, ...
An automotive assembly line at Opel Manufacturing Poland in 2015 SEAT, Škoda, and Volkswagen cars being transported by train in Kutná Hora, Czech Republic in 2014. The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, selling, repairing, and modification of motor vehicles.
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