Industry News

Chinas’ shortage of automotive chips continuing to ease

Views : 172
Update time : 2021-05-24 20:22:44
According to the China Passenger Car Association, China’s retail sales volume of passenger vehicles in a narrow sense was expected to be 1.66 million in May, hiking by 3.3% compared to the same month a year ago.

Due to manufacturers' active production deployment and other measures, the impact of the shortage of chips on terminal sales is continuing to ease currently, while the recovery status of normal production and supply has been being observed.
Related News
Read More >>
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Apr .25.2025
What Tariffs, Steel Prices Mean for E&S Construction Insurance in California
Nickel Price Update: Q1 2025 in Review Nickel Price Update: Q1 2025 in Review
Apr .25.2025
Nickel Price Update: Q1 2025 in Review
Higher steel prices benefiting Region steel mills Higher steel prices benefiting Region steel mills
Apr .25.2025
Higher steel prices benefiting Region steel mills
Vale's net profit drops 17% on lower iron ore prices Vale's net profit drops 17% on lower iron ore prices
Apr .25.2025
Vale's net profit drops 17% on lower iron ore prices