BMW, VW warn of shortages from part suppliers in Ukraine

The brand of German automotive producer BMW is fastened on the headquarters in Munich, Germany, Might 14, 2021. German automaker BMW experiences second-quarter earnings on Tuesday Aug. 3, 2021. BMW mentioned Wednesday, March 16, 2022 that bottlenecks at its suppliers in Ukraine have compelled it to regulate or interrupt manufacturing at a variety of factories, […]

Losses widen at Tata Motors on chip shortages, rising expenses

Tata’s India enterprise recovered sharply within the third quarter. India’s Tata Motors reported its third straight quarter of losses on Monday as chip shortages and rising uncooked materials costs hit the automaker’s backside line. Internet losses widened to 44.41 billion rupees ($592.81 million) within the three months ending September 30, in comparison with a lack […]