Q2 economic output likely to be hit by chip shortage

Input shortages and low inventories, according to Nomura, will likely lead to production cuts and delayed shipments in the September 2021 quarter. Photograph: Jason Lee/Reuters. The semiconductor......

Chip shortage may spoil the party for carmakers this festive season

Once the festive season is in full cry, the wait for new cars may be extended to six to nine months, and even spill over to the next calendar year. For automakers, the festive season is about......

Mahindra warns of 20-25% production loss due to chip shortage

Most other auto firms in India including Maruti Suzuki, Tata Motors, Hyundai Motors, Kia Motors, Nissan, Renault and Honda Cars have either already curbed production or will do so soon. For......

What Kia hopes to achieve by adding India to name

'It says, we are not just an overseas player -- we are Kia India and here for good' Photograph: Andrew Boyers/Reuters It's not unusual for automotive players to change their names when they are......