Low Festive Season Demand Leaves ₹79,000 Crore Worth of Cars Unsold: Report
In a surprising development, the Indian auto industry experienced lower-than-expected car sales during the recent festive ...
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Tag: Supply chain disruptions
EV Startup Fisker Files for Bankruptcy Amid Financial Struggles and Production Issues
The American manufacturer of electric vehicles (EVs), Fisker, filed for Chapter 11 bankruptcy protection in Delaware ...
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Stellantis Announces Layoffs Amid Automotive Industry Challenges
Chrysler's parent company, Stellantis, recently announced that it intended to let off some 400 paid employees ...
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GM has nearly 100K vehicles without parts that were manufactured in June
GM stated that the company has 95,000 vehicles that were sitting at the company factory without ...
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Tesla delivers record vehicles in Q1, but production falls due to disruptions
Tesla has reported its Q1 2022 results, and it shows that the EV deliveries were set ...
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Tesla raises prices for second time in a week as supply chain disrupts
Tesla raises prices for the second time in less than a week. It comes after Tesla ...
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