Mercedes-Benz says inventory to remain high in Q2 amid chip shortage
BERLIN – Mercedes-Benz said it expects inventories to remain high in the second quarter as supply chain bottlenecks hinder production and deliveries, with semiconductor supply …
BERLIN – Mercedes-Benz said it expects inventories to remain high in the second quarter as supply chain bottlenecks hinder production and deliveries, with semiconductor supply …
By Heekyong Yang SEOUL – Hyundai Motor Co is likely to report a 4% bump in first-quarter profit thanks to a sharply weaker won boosting …
DAKAR – Air France said on Wednesday that flights from Senegal’s capital Dakar to Paris will make refuelling stops in Spain’s Las Palmas, due a …
From the desk of Marlyn Piperno and Kimm Eulner TRENTON, NJ – Two New Jersey legislators are calling on Governor Phil Murphy to move along …
BERLIN – A shortage of semiconductors is likely to remain a problem for the auto industry into 2023, German carmaker BMW’s Chief Executive Oliver Zipse …
By Harshita Swaminathan (Reuters) – Graincorp said on Friday it expects underlying profit for fiscal 2022 to be around 2.5 times that of last year, …
SAO PAULO – Mercedes-Benz Group will put more than five thousand workers on collective vacation in two plants in Brazil due to the shortage of …
STOCKHOLM – Volvo Cars said on Monday car sales in March fell 22% to 58,677 cars as the automaker faced shortages of a specific semiconductor. …
FRANKFURT – Daimler Truck, the world’s largest truckmaker, on Monday said it was curbing production at some of its German factories due to a shortage …
STOCKHOLM – Volvo Cars said on Tuesday that a shortage of semi-conductors was hitting production and would likely to continue through the second quarter, forcing …
LAKEWOOD, NJ – School bus shortages are a major problem facing hundreds of thousands of New Jersey families and students since the start of the …
By Christina Thykjaer MADRID – A Spanish law passed last year forcing food delivery companies to contract their couriers as staff has caused a labour …
MOSCOW – The Russian banking system’s liquidity shortage widened to 6.9 trillion roubles ($68.25 billion) on Wednesday, the central bank said, up from 5.4 trillion …
FRANKFURT – Volkswagen will halt production for a few days next week at two German factories after a delay in getting parts made in Ukraine, …
From the Desk of Senator Anthony Bucco TRENTON, NJ – Less than two weeks before Governor Phil Murphy’s deadline requiring health care workers to have …
by Bethanne McCarthy Patrick TRENTON, N.J. – As schools struggle to find bus drivers who can safely transport kids and custodians who can sanitize classrooms, Assemblywoman …
BERLIN – German carmaker Volkswagen expects a continued hit from a shortage of semiconductors this year, although it should be able to ramp up production …
DETROIT – Ford Motor Co said on Monday it will continue idling some of its assembly plants in the week of Feb. 14 due to …
By Naveen Thukral SINGAPORE – Record volumes of lower quality wheat from India and Australia are set to fill a gap left in Asia’s animal …
BERLIN – Bosch CEO Stefan Hartung expects the chip shortage to lessen significantly in the second half of this year, he said at a press …
– Tesla Inc decided to remove one of the two electronic control units included in the steering racks of some made-in-China Model 3 and Model …
BERLIN – Volkswagen does not expect the global shortage of semiconductors to end this year although it should further ease slightly in the second half, …
BERLIN – Luxury carmaker Porsche AG expects another record year for sales despite the global semiconductor chip shortage, its sales chief was quoted as saying …
SAN FRANCISCO – Ford Motor plans to suspend or cut production at eight of its factories in the United States, Mexico and Canada throughout next …
By Hyunjoo Jin SAN FRANCISCO – Automakers, including General Motors, Ford Motor and Hyundai Motor, predict a near two-year chip constraint will ease in the …
Last year, we experienced The Great Resignation, which hit the hospitality industry especially hard. In November 2021, a record 4.5 million Americans quit their jobs — and 1 …
MOORE, OK – Police officers in Moore, Oklahoma are going from sitting behind the wheel of their police cruisers to sitting behind the desk in …
Chris Brunet on January 12, 2022 A study released Tuesday by the Brookings Institution suggests that long COVID could be keeping more than a million …
The beer industry is experiencing a shortage in brown glass and aluminum cans and is expecting their alcoholic beverages to be impacted by price hikes …
White House Press Secretary Jen Psaki tried to defend her boss, President Joe Biden after he dropped the ball on America’s COVID-19 testing rollout, saying …
President Joe Biden deflected blame for the COVID-19 rapid test shortage amid a surge of cases from the Omicron variant, arguing the new strain was …
American Airlines said Thursday it plans to cut international flights next summer due to Boeing’s inability to deliver new 787 Dreamliner aircraft, The Wall Street …
NBC reports a booze shortage that could last through the entire holiday season as wineries tackle a bottle shortage.
Ty Warner, owner of the largest manufacturer of soft toys in the world, today revealed his own unique strategy for confronting the global supply chain …
Santa Claus is ubiquitous year round, spreading cheer and goodwill everywhere he goes. We especially expect to see him around more during the holidays, but …
Santa needs your help. Now, with the overwhelming number of letters being received at the North Pole, even Santa’s workshop is experiencing a worker shortage. …
American Airlines canceled 340 flights on Monday after cutting almost 2,000 flights during the weekend due to staffing shortages and weather delays, multiple sources reported. …
Republican Attorney General Eric Schmitt of Missouri warned that vaccine mandates nationwide could lead to a greater police officer shortage even as crime surges. Schmitt, …
The British government may soon send troops to deliver gasoline to pumps across the U.K. as the nation’s gas shortage continues to impact its economy. …