Carmakers

Three strategies to help European carmakers regain their edge

Three strategies to help European carmakers regain their edge: sylv1rob1/Shutterstock Even before US president Donald Trump announced a 25% tariff on all imported cars, European automakers had been facing a multitude of challenges. Sales have slumped and manufacturers face rising costs, while Chinese rivals have rapidly been gaining market share. The day before the tariffs …

Carmakers are mistaken if they think chip shortages are over – they need to reinvent themselves while there’s time

Carmakers are mistaken if they think chip shortages are over – they need to reinvent themselves while there’s time: The chips are down. Ju Jae-Young Finally, carmakers got a break. Those in the UK boosted their output by over 13% in February as supply-chain pressures subsided, especially the persistent global shortage in microchips, also known …