Chip shortage hits car industry hardest

Chip shortage hits car industry hardest

No sector has been hit as hard by the chip shortage as the automotive industry. This resulted in approximately 18 million fewer vehicles being produced worldwide. European automakers in particular are being hit hard.…

BMW will build SUV X5 in China due to strong…

BMW will build SUV X5 in China due to strong…

While the German car brand Mercedes-Benz is closing two factories early for the Christmas holidays due to a lack of computer chips, BMW announced that it will also build its SUV X5 in China…