MAY 28, 2021

No Quick Relief From Microchip Shortage for Automakers

Ratings agency Fitch says the shortage is disrupting automotive production and may delay any recovery of new-vehicle sales and profitability. “Car-makers could lose about 230,000 units of production in North America” in first-quarter 2021, Fitch has predicted.

Autoline Daily 2021: Top Industry News for May 28

Rolls Returns to Coachbuilding Roots; VW Golf GTI Impressive; Analysts Differ on May Sales Forecasts

UAW Stakes Claim to Ford, GM Jobs Tied to BEVs

The UAW, which is facing the loss of jobs held by union members as the industry moves away from vehicles with internal-combustion engines, is pressing automakers such as General Motors and Ford for additional work and investment at plants in the U.S.

U.S. Light-Vehicle Sales Expected to Weaken in May as Impact of Lean Inventory Takes Hold

For Wards Intelligence Subscribers
Continually leaner inventory is expected to dampen sales over the next few months, but assuming supply-chain issues mostly are ironed out this summer, deliveries should end the year with a bang.

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