Leads

Toyota Leads Losses After Renesas Fire Stokes Chip Crunch Fears

By Betty C. Morrow 3 weeks ago

(Bloomberg) — Japanese automaker shares fell Monday after a fire unexpectedly halted one of chipmaker Renesas Electronics Corp.’s largest plants, exacerbating a growing global shortage of automotive semiconductors.

Renesas slid as much as 5.4%, while customers from Toyota Motor Corp. to Honda Motor Co. and Nissan Motor Co. also fell in early trading. One of the biggest suppliers of car chips, Renesas was forced to halt a Japanese plant Friday after a fire broke out in one of its clean rooms, critical areas designed to keep impurities from contaminating semiconductors.

Toyota said Monday it’s trying to gauge the fallout from that unexpected halt, which could ripple across an industry already struggling to keep assembly lines operating during a severe shortage of chips. The Renesas fire will likely worsen a crunch that stemmed from booming demand for home and work gadgets during the pandemic, estimated earlier this year to cost global

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‘Smart Car Leads’ Provides the Automotive Industry a 360-Degree Solution to Client Acquisition

By Betty C. Morrow 1 month ago

The growing digitalization of the entrepreneurial space has revolutionized how the automotive industry works. People’s increasing reliance on online-based channels and their demands for a digitally-enhanced experience when looking for their next purchase have pushed ventures to implement measures designed to meet consumer needs. Highly cognizant of the changes in the landscape, Smart Car Leads have made it its mission to equip the automotive industry with the tools it needs to keep up. 

Since its launch, Smart Car Leads have consistently delivered its promise to provide solutions to reduce the time and monetary effort needed to acquire new clients. Its establishment rests on the recognition of the existing gaps in the automotive industry and the issues caused by the pandemic, including dried-up showrooms. In the face of the challenges brought about by the outbreak, the role of digital technology shone even more, and without it, a significant number of businesses

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‘Smart Car Leads’ Provides the Automotive Industry a 360-Degree Solution to Client Acquisition – Press Release

By Betty C. Morrow 1 month ago

The growing digitalization of the entrepreneurial space has revolutionized how the automotive industry works. People’s increasing reliance on online-based channels and their demands for a digitally-enhanced experience when looking for their next purchase have pushed ventures to implement measures designed to meet consumer needs. Highly cognizant of the changes in the landscape, Smart Car Leads have made it its mission to equip the automotive industry with the tools it needs to keep up. 

Since its launch, Smart Car Leads have consistently delivered its promise to provide solutions to reduce the time and monetary effort needed to acquire new clients. Its establishment rests on the recognition of the existing gaps in the automotive industry and the issues caused by the pandemic, including dried-up showrooms. In the face of the challenges brought about by the outbreak, the role of digital technology shone even more, and without it, a significant number of businesses

… Read More

Global EV Sales Growth Leads Industry in 2020 | Transportation

By Betty C. Morrow 2 months ago

By John P. Mello Jr.

Feb 9, 2021 4:07 AM PT

Global sales of electric vehicles in 2020 surged despite a drop in overall sales of passenger cars, a market research firm reported Monday.

Sales of EVs jumped 39 percent globally, reaching 3.1 million units, while sales of passenger vehicles fell 14 percent, Canalys reported.

It added that electric vehicles represented almost five percent of all new car sales in 2020.

Canalys chief analyst for automotive Chris Jones explained that Europe was a prime driver of EV sales last year, with the vehicles garnering 11.5 percent of new car sales in the region.

“Europe has shown other markets what is possible when all parts of the puzzle are in place: emissions-based policies with penalties, internal combustion engine vehicle ban target years set, customer incentives, a broad and expanding charging infrastructure, much improved choice of EVs, good EV supply, customer awareness

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