Russia’s invasion of Ukraine has further disrupted global supply chains with automakers facing challenges like shortages of components and rising material costs, leading to an overall decline in availability of cars in international markets. European carmakers Mercedes-Benz and Audi have announced plans to scale down production at their plants due to supply disruption of auto…
War in Ukraine Putting European Carmakers in a Tight Spot
March 8, 2022
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Auto Production ShortageBusiness & EconomyEuropeGlobal supply chain disruptionMarketsRussia Ukraine invasionRussia-Ukraine WarSemiconductor ShortageWorld
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Canadian Auto Production Hit Especially Hard by Semiconductor Shortage
TORONTO—To be an autoworker in Canada this year has meant living with a fair bit of uncertainty. “There’s no consistency,” said Mark Sciberras, president of the Unifor local branch at Ford Motor Co.’s Oakville, Ont. operations. “One week to the next, you don’t know if you’re working.” The Oakville plant, like so many auto assembly…
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