finance

Car production hit by 'pingdemic' and global chip shortage


Demand isn’t the problem. The bulk of UK-built cars are sold overseas, and manufacturers say there’s plenty of appetite for them. But two issues, both linked to the pandemic, have got in the way of the recovery: the global semiconductor shortage and the shortage of staff resulting from the so-called ‘pingdemic’.



READ SOURCE

See also  Build-to-rent boom in the UK is costly for generation rent

Leave a Reply

This website uses cookies. By continuing to use this site, you accept our use of cookies.  Learn more