The overall economy faces a heightened chance of a recession, Ford (F) CEO Jim Farley advised CNBC on Tuesday, a 7 days just after the automaker warned investors of $1…
Tag: snags
Toyota, GM sales fall on chip shortage, supply chain snags
Toyota and Basic Motors reported a slump in initial-quarter U.S. product sales on Friday, as sector-extensive disruptions to source chains and chip shortages squeezed inventories. Toyota, which in 2021 upstaged…
Rivian confirms new $5 billion plant, rising EV preorders as supply chain snags pressure production
RJ Scaringe and crew on opening day at Rivian’s production campus in Typical, IL. Supply: Rivian Rivian Automotive verified programs Thursday to make a new $5 billion car assembly plant…