SHANGHAI (Reuters) -A global shortage of semiconductors is hitting autos production in China, jeopardising hopes the world's biggest car market might spearhead a recovery in the sector, industry executives warn.
SHANGHAI/TOKYO (Reuters) -Japan's Nissan Motor Co, which is racing to lift margins and curb costs amid slowing sales, showed off a redesigned version of its X-Trail model on Monday and announced a green car strategy for China at the Shanghai auto show.
SHANGHAI, April 19 Auto industry executives are
rattled by a global shortage of semiconductors which is hitting
production in China, after hoping the world's biggest car market
could spearhead global recovery in the sector.
SHANGHAI (Reuters) -Toyota pioneered the world's most successful hybrid car but when it comes to pure electric vehicles it has some catching up to do, especially in China.
Toyota may have pioneered the just-in-time manufacturing strategy but when it comes to chips, its decision to stockpile what have become key components in cars goes back a decade to the Fukushima disaster.
BEIJING Nissan Motor is accelerating the rollout of electric vehicles in China under its main brand and its local, no-frills Venucia marque as it overhauls its strategy in the world's biggest auto market, four sources told Reuters.
BEIJING Tesla Inc is searching for a design director in China, part of efforts to open a "full-function" studio in Shanghai or Beijing and design electric cars tailored to Chinese consumer tastes, according to three people with knowledge of the matter. | Video