In 2021, automotive original equipment manufacturers (OEMs) lost more than $210 billion in sales due to the chip shortage and other supply chain disruptions that reduced production by 11 million ...

At first glance, the design of modern automobiles appears largely unchanged over the past few decades — four wheels, a few doors, headlights, and an engine remain standard. However, a closer ...

The global trend of online car sales, offering the entire purchasing process digitally, is set for a substantial increase, projected to reach between 7.1 and 7.3 million units by 2024. Numerous ...