Tag: chip shortage

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BMW to slow down production due to chip shortage

BMW will slow down car production to single-shift operation at its largest European plant in Dingolfing in Germany due to semiconductor shortages, the German...

Daimler employees back to working full time after chip shortage

German carmaker Daimler has returned thousands of its employees at two Mercedes plants to full-time status, a company spokesperson announced on Monday, after a...

Toyota expects 2.4 percent rise in profit despite chip shortage

Toyota Motor Corp projects net profit for the current financial year will increase 2.4 per cent year-on-year to 2.3 trillion yen (21.1 billion dollars)...

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