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Thursday, April 14, 2022

COVID lockdowns threaten automakers as market stalls | Chip shortage to stretch into '24, VW says | GM, Ford Q1 sales fall | BMW, FAW, Toyota, VW resume output | Stellantis revamps financing business

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Automotive News China Newsletter
Thursday, April 14, 2022
Truckers undergo COVID testing in China
China

COVID control measures ensnarl trucking, key supply lines

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Cupra Born production Zwickau web.jpg
Microchips

Global microchip shortage will fester into 2024, VW CFO says

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Cadillac Lyriq EV concept at Shanghai auto show
China

GM sales fall 21% in Q1

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dealership
China

Dealership inventories slide as virus outbreaks curb factory shipments

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BMW reiterated it expects a significant decrease in group profit before tax in 2019 as well as a slight increase in vehicle deliveries.
China

BMW, FAW, Toyota, VW resume output at some plants

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CATL's headquarters and manufacturing complex in Ningde, China
China

CATL implements measures at Ningde plant to maintain output

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Bosch logo.jpg
Coronavirus

Bosch idles 2 factories on COVID lockdowns

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A Nio showroom in Shanghai
China

Nio idles output as COVID lockdown measures upend parts supplies

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VW logo Bloomberg.jpg
Coronavirus

VW factory workers in Shanghai get movies, walks amid COVID lockdown

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STELLANTIS.jpg
China

Stellantis reshuffles Chinese financing business in deal with Dongfeng

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Used Toyota Crown sedans at a dealership in Tokyo on Jan. 28, 2022.
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Future Product

Toyota to leverage 67-year-old Crown nameplate with SUV model, report says

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Ford
China

Ford Q1 sales slip 19%

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used cars
China

Used-car deliveries shrink in March

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Subaru's Outback Upgrade

PLUS: Is it time for Sebastian Vettel to retire? One former F1 boss says yes.

DON'T MISS: Why most luxury sales remain strong

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Canada Don't Miss
Thursday, April 14, 2022
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How Canadian luxury, exotic sales are weathering the global microchip crisis

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