strain

BMW finally buckles under the strain of global chip shortage

BMW AG is giving way to the global shortage of semiconductors after months of managing to maintain output in the latest indication the auto industry’s supply-chain woes are only getting worse.

The automaker will pause Mini car production at its Oxford, England, factory for three days starting April 30, according to a spokeswoman. It’s also reducing shifts this week at its plant in Regensburg, Germany.

BMW was one of the last remaining major automakers unscathed by a shortage of chips expected to cost the industry tens of billions of dollars in revenue this year. Tesla Inc. CEO Elon Musk this

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Vehicle scrappage policy will put massive strain on trucking industry


Vehicle scrappage policy will put massive strain on trucking industry&nbsp

Last week, India finally got its formal vehicle scrappage policy — well, somewhat. The point is that now that it is here, lots of people from different sections of the industry have opinions and takes on India’s vehicle scrappage policy. So far, it seemed pretty much everyone was largely satisfied with how the policy was shaping out to be, but it turns out there’s at least one section that isn’t entirely keen on it. Yep, the country’s trucking industry is, in fact, opposed to the policy, saying it will

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