TOKYO—Toyota Motor Co. on Friday expanded production stoppages at some factories in Japan because of a shortage of components shipped from parts plants in Southeast Asia. The latest halts will cut car output by 9,000 vehicles when added to curbs announced on Thursday, affecting the production of Lexus models and its four-wheel-drive Land Cruiser, Toyota…
Toyota Halts More Production in Japan as Parts Run Out
December 10, 2021
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Volkswagen Expects Battery, Raw Material Drive to Cost up to $34 Billion
FRANKFURT, GERMANY—Volkswagen’s planned European battery cell plants and securing vital raw materials will cost as much as 30 billion euros ($34 billion), board member Thomas Schmall said, putting a price tag on the expansion for the first time. Schmall, who is in charge of technology at Europe’s largest carmaker, said in an interview at the…
German Industrial Production Drops in September on Supply Chain Shortages
November 5, 2021
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BERLIN—German industrial production unexpectedly fell in September, official data showed on Friday, as supply bottlenecks for raw and preliminary materials continued to take a toll on output in Europe’s biggest economy. The Federal Statistics Office said industrial output fell by 1.1 percent on the month after an upwardly revised drop of 3.5 percent in August….
TV Production Business Boosts Hasbro as Toy Shipments Take a Hit
October 26, 2021
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Hasbro Inc. beat quarterly profit estimates on Tuesday, helped by a rebound in its TV and film production business that cushioned some of the impact from toy shipment delays due to global supply chain bottlenecks. The toymaker’s shares rose 5 percent in early trading, despite the company’s warning that its sales could take a hit…
GM to Resume Limited Production at EV Plant in Michigan
October 26, 2021
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WASHINGTON—General Motors Co. said Tuesday it will resume limited production for two weeks at its Orion Assembly plant in Michigan, which has been shuttered since August and builds the electric vehicle Chevrolet Bolt. The largest U.S. automaker in August widened its recall of the Bolt to more than 140,000 vehicles to replace battery modules and…
Volkswagen’s Skoda Auto Halts Production for Two Weeks
PRAGUE—Skoda Auto started a two-week outage on Monday as the carmaker contends with the global shortage of chips and other components, the Vokswagen-owned company said. Skoda wants to complete 10,000 unfinished cars during the outage, which will leave only one production line running, a spokesman said. “Skoda Auto has been struggling with a big shortage…
Ford to Suspend Production on Friday at Mexico Plant on Materials Shortage
October 15, 2021
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MEXICO CITY—U.S. automaker Ford Motor Co. will temporarily suspend production on Friday at its Hermosillo plant in Mexico’s Sonora state due to a shortage of materials, the plant’s labor union said on Thursday. Workers will be paid 75 percent of salaries on Friday, the union added. Ford had also suspended production from Oct. 11–12 at…
GM Extending Bolt Production Halt for Two Additional Weeks
October 13, 2021
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WASHINGTON—General Motors said Wednesday it will extend a production halt of its electric vehicle Chevrolet Bolt for two additional weeks as it works to accelerate production of new battery modules and prioritize recall repairs. The largest U.S. automaker in August widened its recall of the Bolt to more than 140,000 vehicles to replace battery modules…
German Industrial Production Slumps on Supply Chain Disruption
BERLIN—German industrial output suffered its steepest drop in August since April last year, due to supply chain disruptions that are holding back growth in Europe’s biggest economy and hitting the auto sector particularly hard, official data showed on Thursday. The Federal Statistics Office said industrial output fell by 4.0 percent on the month after an…
Daimler Trucks Production Below Demand Due to Chip Shortage: CEO
BERLIN—Daimler Trucks CEO Martin Daum said the truckmaker, set to spin-off from Daimler in December, will continue to sell fewer vehicles than it could have in the coming year as chip shortages hamper production. “We will certainly be delivering less than we could have sold, and that also applies to next year,” he said at…
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