The estimated number of vehicles axed from assembly plant schedules due to the microchip shortage rose 11 percent from a week earlier, due largely to cuts at North American and European plants.
As car carrier fire dies out, damage assessment begins
The vehicles aboard the charred hulk of the car carrier were weighted heavily toward the more expensive brands in Volkswagen Group, which could further boost the fire’s costs when the full damages are assessed in port.
Uber revises driver pay algorithm in 24 U.S. cities
In both cases, some trimming and consolidation is the likely aftermath, followed by the chance for growth and investment depending on the priorities of new leadership and how successfully operations are integrated,