US auto sales forecast Q1 2022 looks bleak due to chips, inflation

New Jeeps are exhibited at a vehicle dealership on Oct 05, 2021 in New York City. Spencer Platt | Getty Images Automakers will probably report sharp gross sales declines for…

Lucid slashes 2022 vehicle production forecast

Lucid Air Courtesy: Lucid Motors Lucid Group is reducing its car generation forecast for this year by as considerably as 40%, sending shares of the electric powered motor vehicle begin-up…

Toyota lifts profit forecast despite supply chain woes

TOKYO — Japan’s top rated automaker Toyota claimed Thursday a 33% bounce in next fiscal quarter income, as it elevated its total calendar year forecast irrespective of supply chain woes…

U.S. auto sales forecast to plummet in third quarter as chip shortage plagues industry

Honda Motor Co. motor vehicles at an AutoNation car or truck dealership in Fremont, California, U.S., on Monday, Feb. 15, 2021. AutoNation Inc. is scheduled to release earnings figures on…