Transmission: Chip shortage threatens post-pandemic recovery

Happy Friday! Here’s what’s cookin’ today in Transmission:

  • Semiconductor shortage threatens post-pandemic economic recovery
  • Infrastructure projects in Mexico and USMCA open up the door for investment in US-Mexico border region
  • Industry news

Semiconductor shortage threatens post-pandemic economic recovery

The global chip shortage has been running rampant for more than three months now. Automakers have been trimming production in recent weeks in hopes that supply catches up with demand relatively...

https://www.freightwaves.com/news/transmission-chip-shortage-threatens-post-pandemic-recovery

Transmission: 2020 was record-breaking year for dealerships

Here’s what’s cookin’ today in Transmission:

  • Dealer outlook for 2021 positive after a surprisingly positive 2020
  • Ford and Google team up
  • Industry news

Dealer outlook for 2021 positive after a surprisingly positive 2020

Auto dealerships across the nation were hit hard during the pandemic, fueling the belief that 2020 was going to be disastrous for sales. Tight inventory and stalled production were a few headlines that circulated throughout the course of last year. 

However, much to the surprise of...

https://www.freightwaves.com/news/transmission-2020-was-record-breaking-year-for-dealerships

Transmission: Taiwan chipmakers promise to prioritize auto industry needs

Thank goodness it’s Friday! Here’s what’s cookin’ today in Transmission:

  • Auto industry sighs in relief as calls for chip prioritization are heard
  • Arrival’s innovative assembly line strategy breaks the status quo
  • Industry news

Auto industry sighs in relief as calls for chip prioritization are heard

On Tuesday, automakers were calling on the Taiwanese government to persuade Taiwan chip manufacturers to reallocate production capacity for the auto industry. It looks like those pleas for help were...

https://www.freightwaves.com/news/transmission-taiwan-chipmakers-promise-to-prioritize-auto-industry-needs

Transmission: Is it time to say goodbye to just-in-time?

Here’s what’s cookin’ today in Transmission:

  • Chip shortage revealing auto industry flaw that’s been around for decades
  • Current state of Detroit remains positive amid shortage
  • Industry news

Chip shortage revealing auto industry flaw that’s been around for decades

The semiconductor shortage is an ongoing issue that’s been disrupting the automotive supply chain since late 2020. During the pandemic, automakers cut spending on chips due to production halts and lack of demand. As OEMs resumed...

https://www.freightwaves.com/news/transmission-is-it-time-to-say-goodbye-to-just-in-time

Transmission: Continental predicts software use in vehicles will rise to 40% by 2030

Another week in the books. Here’s what’s cookin’ today in Transmission:

  • Software has a big role to play in the future of the auto industry
  • Stellantis’ focus for the future
  • Industry news

Software has a big role to play in the future of the auto industry

For decades, the automotive industry grew accustomed to normality. Automakers build cars themselves. Suppliers provide needed components to OEMs. However, as we all know, times are changing. There’s a push for more digitization and a growing need...

https://s29755.pcdn.co/news/transmission-continental-predicts-software-use-in-vehicles-will-rise-to-40-by-2030

Transmission: Mexico- the land of opportunity…for auto industry

Tuesday is here, so is Transmission. Here’s what’s cookin’ today:

  • The rise of reshoring points to the rise of nearshoring
  • Used auto sales down, values up
  • Industry News

The rise of reshoring points to the rise of nearshoring 

Reshoring has been in a slump the past decade, but 2020 saw it increase by more than 45%. FDI Markets found that in 2020, reshoring accounted for more job growth than foreign direct investment (FDI), with 69,000 manufacturing jobs reshored compared to 42,000 roles created...

https://www.freightwaves.com/news/transmission-mexico-the-land-of-opportunity-for-auto-industry

Transmission: Incumbent OEMs cutting Tesla’s lead

OEMs may not be that far behind Tesla

Whenever I think about electric vehicles, I can’t help but immediately think of Tesla. The company revolutionized the EV game. Tesla is always looking for new ways to innovate the industry from introducing battery improvements (thanks to heavy investment in R&D) to sustainability woven intricately within its supply chain. It’s the reason the company is so far ahead of competition and why OEMs are working hard to catch up. However,  people often forget one...

https://s29755.pcdn.co/news/transmission-incumbent-oems-cutting-teslas-lead

Transmission: Semiconductor shortage sweeps auto industry, halting production

Another work week, another edition of Transmission. Here’s what I got cookin’ for you today:

  • Chip shortage adding to already low inventory volumes
  • A changing landscape: the rise of consumer tech giants among traditional automakers
  • Industry News
  • Est. read: 4 minutes

Chip shortage adding to already low inventory volumes 

In the beginning of December, Volkswagen brought to light what was viewed at the time as a minor chip shortage. VW predicted that the shortage would run into Q1 of 2021. Chinese...

https://www.freightwaves.com/news/transmission-semiconductor-shortage-sweeps-auto-industry-halting-production

Transmission: Low inventory levels could hamper dealership sales

Happy New Year! New year, same newsletter. Here’s another awesome edition of Transmission, a twice-weekly newsletter assembled to chronicle the seismic shift in auto supplier networks as the industry goes cross-border and electric.

Tight inventory levels holding back consumer sales

Automakers across the entire industry are looking for 2021 to be the year of rebound. Sales last year were down significantly and supply chain vulnerabilities were exposed. With 2020 in the rearview, there are...

https://www.freightwaves.com/news/transmission-low-inventory-levels-could-hamper-dealership-sales