The automaker expects the semiconductor shortage to get worse before the supply levels improve, with the second quarter now the expected trough for the sourcing issue.
The investment is expensive, but the company says it has resulted in better information on delivery patterns, which it passes on to customers in the form of delivery time estima...
Rising labor costs, a trade war and the pandemic have prompted companies to rethink their dependence on China, whether that means reshoring, nearshoring or China+1.