Raw Material Shortages
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Two-Wheeler Insurance Premium Hike To Dent Recovery Process: TVS CEO
In addition to challenges due to the pandemic, the ongoing semiconductor chip shortage, high raw material cost and increasing fuel prices have impacted demand.
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Toyota Warns Profit To Skid 20% As Raw Materials Costs Pile Up
Toyota Motor warned "unprecedented" hikes in raw material costs could slice a fifth off full-year profit, a clear sign the world's top automaker by sales can no longer shrug off the supply-chain crunch that has roiled the global industry.
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Europe's Carmakers Face Raw Material Bottleneck For EV Batteries
Major carmakers like Volkswagen, Daimler and Stellantis have been racing to secure battery cell supplies in Europe, but may face a bigger challenge as they seek to go electric - finding enough battery raw materials.
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Panasonic Hit by Rising Costs of Raw Materials, Component Shortage; Posts Major Slide in Q3 Profit
Panasonic posted a larger-than-expected 44 percent slide in third-quarter operating profit, hit hard by rising costs for raw materials, component shortages, and a drop in domestic sales for appliances.
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High Prices, Steady Supply Chain Protect BMW From Industry Woes
While rising raw material prices impacted earnings this year, the company's strong relationship with suppliers has cushioned the blow, CEO Oliver Zipse said.
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Nissan Triples Profit Forecast On Strong Quarterly Results
Nissan tripled its full-year net profit forecast on Tuesday as it rebounded from the impact of the pandemic with a strong quarterly performance, saying it expected to withstand challenges including the global chip crunch and rising raw material prices.
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Nissan Rebounds From Pandemic Impact Despite Chip Crunch, Triples Profit Forecast
Nissan tripled its full-year net profit forecast as it rebounded from the impact of the pandemic with a strong quarterly performance, saying it expected to withstand challenges including the chip crunch and rising raw material prices.
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GM, Ford Results Likely To Reflect Chip Shortage's Varying Impacts On Sector
GM and Ford have had to bring some assembly lines to a halt for lack of semiconductors, and contend with rising costs for other parts and raw materials as well as shipping.
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Europe's Carmakers Face Raw Material Bottleneck For EV Batteries
Major carmakers like Volkswagen, Daimler and Stellantis have been racing to secure battery cell supplies in Europe, but may face a bigger challenge as they seek to go electric - finding enough battery raw materials.
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BMW Says Chip Shortage, Raw Material Prices To Hit Second Half
BMW raised its 2021 profit forecast on Tuesday after strong quarterly results, but said the global semiconductor chip shortage and rising raw materials prices would hurt its performance in the second half of the year.
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Renault Forecasts 2021 Profit Despite Global Chip Shortage
French carmaker Renault said on Friday it expected to post a full-year 2021 profit despite a worsening semiconductor chip shortage and rising raw materials costs.
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BMW Confirms Its 2021 Targets Despite Worsening Chip Shortages
BMW remains on course to meet its profit targets for 2021 despite rising raw material costs, though the global chip shortage will worsen and may hit production in the second quarter, the German carmaker said.
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BMW Confirms Its 2021 Targets Despite Worsening Chip Shortages
BMW remains on course to meet its profit targets for 2021 despite rising raw material costs, though the global chip shortage will worsen and may hit production in the second quarter, the German carmaker said.
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"Working Overtime" To Supply 25,000 Oxygen Concentrators To India: China
China on Wednesday said its medical suppliers were working "overtime" to supply 25,000 oxygen concentrators ordered by traders from Covid-hit India amid crippling shortages of hospital beds, essential drugs and the live-saving gas.
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Will Send Raw Material "Urgently Required" For Covishield, Says US
The United States will "immediately" make available sources of raw materials required to scale up production of the Covishield coronavirus vaccine - of which there is a critical shortage as India fights daily new cases over over three lakh
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Two-Wheeler Insurance Premium Hike To Dent Recovery Process: TVS CEO
In addition to challenges due to the pandemic, the ongoing semiconductor chip shortage, high raw material cost and increasing fuel prices have impacted demand.
-
Toyota Warns Profit To Skid 20% As Raw Materials Costs Pile Up
Toyota Motor warned "unprecedented" hikes in raw material costs could slice a fifth off full-year profit, a clear sign the world's top automaker by sales can no longer shrug off the supply-chain crunch that has roiled the global industry.
-
Europe's Carmakers Face Raw Material Bottleneck For EV Batteries
Major carmakers like Volkswagen, Daimler and Stellantis have been racing to secure battery cell supplies in Europe, but may face a bigger challenge as they seek to go electric - finding enough battery raw materials.
-
Panasonic Hit by Rising Costs of Raw Materials, Component Shortage; Posts Major Slide in Q3 Profit
Panasonic posted a larger-than-expected 44 percent slide in third-quarter operating profit, hit hard by rising costs for raw materials, component shortages, and a drop in domestic sales for appliances.
-
High Prices, Steady Supply Chain Protect BMW From Industry Woes
While rising raw material prices impacted earnings this year, the company's strong relationship with suppliers has cushioned the blow, CEO Oliver Zipse said.
-
Nissan Triples Profit Forecast On Strong Quarterly Results
Nissan tripled its full-year net profit forecast on Tuesday as it rebounded from the impact of the pandemic with a strong quarterly performance, saying it expected to withstand challenges including the global chip crunch and rising raw material prices.
-
Nissan Rebounds From Pandemic Impact Despite Chip Crunch, Triples Profit Forecast
Nissan tripled its full-year net profit forecast as it rebounded from the impact of the pandemic with a strong quarterly performance, saying it expected to withstand challenges including the chip crunch and rising raw material prices.
-
GM, Ford Results Likely To Reflect Chip Shortage's Varying Impacts On Sector
GM and Ford have had to bring some assembly lines to a halt for lack of semiconductors, and contend with rising costs for other parts and raw materials as well as shipping.
-
Europe's Carmakers Face Raw Material Bottleneck For EV Batteries
Major carmakers like Volkswagen, Daimler and Stellantis have been racing to secure battery cell supplies in Europe, but may face a bigger challenge as they seek to go electric - finding enough battery raw materials.
-
BMW Says Chip Shortage, Raw Material Prices To Hit Second Half
BMW raised its 2021 profit forecast on Tuesday after strong quarterly results, but said the global semiconductor chip shortage and rising raw materials prices would hurt its performance in the second half of the year.
-
Renault Forecasts 2021 Profit Despite Global Chip Shortage
French carmaker Renault said on Friday it expected to post a full-year 2021 profit despite a worsening semiconductor chip shortage and rising raw materials costs.
-
BMW Confirms Its 2021 Targets Despite Worsening Chip Shortages
BMW remains on course to meet its profit targets for 2021 despite rising raw material costs, though the global chip shortage will worsen and may hit production in the second quarter, the German carmaker said.
-
BMW Confirms Its 2021 Targets Despite Worsening Chip Shortages
BMW remains on course to meet its profit targets for 2021 despite rising raw material costs, though the global chip shortage will worsen and may hit production in the second quarter, the German carmaker said.
-
"Working Overtime" To Supply 25,000 Oxygen Concentrators To India: China
China on Wednesday said its medical suppliers were working "overtime" to supply 25,000 oxygen concentrators ordered by traders from Covid-hit India amid crippling shortages of hospital beds, essential drugs and the live-saving gas.
-
Will Send Raw Material "Urgently Required" For Covishield, Says US
The United States will "immediately" make available sources of raw materials required to scale up production of the Covishield coronavirus vaccine - of which there is a critical shortage as India fights daily new cases over over three lakh
