Toyota has announced it will cut production in Japan between April and June to relieve pressure on suppliers, many of whom are short on parts, including semiconductor chips. A company spokesman told Archyde.com that the company plans to slow production from previously announced levels by 20% in April, and about 10% in May, in addition … Read more
Faced with soaring fuel prices, and less than a month before the presidential election, Prime Minister Jean Castex announced a “discount at the pump of 15 cents per liter” of fuel, from April 1 and during four months. This measure, which will cost the state around 2 billion euros, concerns households as well as businesses … Read more
On the evening of March 11th,Zhengbang TechnologyIn response to the Shenzhen Stock Exchange’s letter of concern, the company currentlyBankThe credit line is relatively sufficient and the financing channels are unobstructed, which can meet the company’s capital turnover needs in emergencies. Combined with the company’s current development, cash flow planning for future production and operation, and … Read more
Ukraine is one of the leading manufacturers of vehicle wiring harnesses. Russia’s military invasion has abruptly dented production at plants in the west of the country, immediately leading to heightened supply chain tensions for the industry. Problems that started with the pandemic and the subsequent industrial reactivation, with the shortage of semiconductors (chips)delays in deliveries … Read more
Elon Musk in Grünheide Tesla works fundamentally differently than German car manufacturers. The hidden champions like that. (Photo: Archyde.com) Düsseldorf, New York For a good two years, Tesla has been building a “Gigafactory” in Brandenburg, a plant in which the electric mobility group wants to mass-produce its cars for the European market. On Friday, the … Read more
Dusseldorf, Munich Russia’s war of aggression in Ukraine is becoming a growing problem for carmakers in Europe. After Volkswagen, Porsche and BMW also have to interrupt parts of their production. At Audi, the production lines for the A4 and A5 models will be shut down at the Ingolstadt plant from Monday until March 11th. In … Read more
Both global oil price benchmarks settled well above $100 on Tuesday as sanctions related to Ukraine’s invasion are already starting to weigh on Russian crude exports. The barrel of Brent from the North Sea pushed up to 107.57 dollars, for the first time since July 2014, while the American West Texas Intermediate (WTI) rose to … Read more
AFP, published on Tuesday, March 01, 2022 at 7:40 p.m. The price of a barrel of American WTI oil soared to more than 11% on Tuesday, and that of Brent, the European benchmark for black gold, to more than 9%, propelled by the war in Ukraine and the Western sanctions against Moscow, more and more … Read more