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  [A Closer Examination Of The Global Chip Shortage]( Have you lately gone to a retailer to buy an up to date cellphone mannequin? Or, possibly you had been hoping to get your palms on the newest gaming methods and cabinets had been empty? Did you lately transfer to a brand new residence and that fridge or washer and dryer combo you had been hoping to put in are on backorder? Maybe a brand new automobile you need isn’t on the lot? Well, all these points have a typical perpetrator — the global chip shortage. Semiconductor chips are tiny, integral items to just about all kinds of fashionable technological machine. Essentially, they make gadgets like your telephones, good watches and TVs work. However, it’s not a one-size-fits-all. All the differing types of expertise we use daily are made up of totally different elements and so they every have distinctive circuit boards to which these chips belong. [Read Full Article](   Sponsored
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[Covid-19: How The Indian Auto Sector Got Impacted]( Government can support the sector by taking steps towards helping reduce the cost of raw materials required for production and cutting tax rate The Indian auto sector received a major thrust after the introduction of the New Industrial Policy in 1991. This led to delicensing and 100% FDI to build modern plants. A new automobile policy was initiated in 1993, which strengthened the sector’s growth by facilitating the entry of global assemblers. Big companies such as Tata Motors, Ashok Leyland, Bajaj Auto, Maruti Suzuki, Hyundai and many others contributed to bringing dynamism and competition in the sector. In 2017-18, India became the sixth largest producer of automobiles in the world with an average annual production of 29 million vehicles, of which 4 million were exported. The sector is an essential pillar of the Indian economy, contributing significantly to GDP. Government intervention supported the growth of the sector. In addition to the direct impact through fiscal policy instruments, the industrial policy facilitated ‘firm-level learning processes’ and helped shape technological development. During the first phase of the Automotive Mission Plan (2006-2016), the sector set targets for employment generation, contribution to GDP, and production of two- and three-wheelers. In 2016, it contributed 7.2% to India’s GDP and generated employment for about 32 million people. In 2017, its growth got impacted due to constructive changes like GST, the leapfrogging to BS6 emission norms (effective April 1, 2020, onwards) from BS4, and so on. But these were not the last of the roadblocks. The Covid-19 pandemic amplified the impact, which is still going on. [Read Full Article](   [Stellantis Gives Glimpse Of Models Heading To South Africa]( Main focus, seemingly, will be on Jeep, Opel and Peugeot brands. With an official announcement to be made in due course, the newly established South African arm of Stellantis has provided a hint of what to expect from incoming products, mostly out in the second quarter of this year. Presented at the reveal of the updated Citroën C3, the division made up of the former PSA Group and Fiat-Chrysler Automobiles (FCA) confirmed that focus will be on key brands with the ball having already been set in motion with the unveilings the updated Peugeot 2008, 3008 and all-new 208, the new Opel Corsa and heavily updated Crossland as well as the mentioned C3. New Jeep Grand Cherokee L While remaining largely mum on Alfa Romeo, Abarth, the Mopar accessories marque and Fiat’s Professional commercial division, the biggest headline is reserved for Jeep who will present changes to the Wrangler, the recently revealed facelift Compass and the highly anticipated all-new Grand Cherokee L. [Read Full Article]( You Might Like [Learn more about RevenueStripe...]( Â
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