Impact of Tariffs on the Auto Industry: A Global Perspective

impact of tariffs on auto industry

The global automotive industry has witnessed a significant shift in recent years, as governments worldwide have implemented various trade policies, including the imposition of tariffs. These tariffs, designed to protect domestic industries and balance trade deficits, have had far-reaching consequences for the auto sector, affecting pricing, market stability, and the strategies employed by major players. […]

Automotive Industry’s Response to Global Chip Shortage

automotive industry

The global semiconductor chip shortage has had a significant impact on the automotive industry, leading to production cuts and delays in the delivery of new vehicles. Automakers have been forced to adapt and implement various strategies to mitigate the effects of this crisis. This article will explore how the automotive industry is navigating the chip […]