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The production stoppages among car manufacturers, caused mainly by bottlenecks in the supply of semiconductors in the third quarter, increasingly affected the volumes of the Wiring Systems Division; in some cases Leoni’s production also continued to suffer due to shortages of input materials. CEO Aldo Kamper (photo) says the company “continued to stabilise despite the…

Renault must keep lowering costs to simplify the company and achieve their target of putting out their best-ever product range by 2025, CEO Luca de Meo says Renault say they expect to reach their target of paring €2bn of fixed costs by the end of thi year—a year ahead of schedule. The larger aim is…

The goal of Volvo Cars to sell 800,000 vehicles globally by 2020 was derailed by the pandemic and the semiconductor shortage in 2021. Despite the setbacks, CEO Hakan Samuelsson (photo) believes topping Volvo’s sales record of 705,000 vehicles set in 2019 is “within reach,” even though the automaker took a big hit to production in…

Tesla has passed Mercedes-Benz for the № 3 spot in U.S. luxury-vehicle registrations this year through September, according to data from Experian, and could close the gap with Lexus and BMW before the year is over. Tesla totaled 230,000 vehicle registrations through the first three quarters of the year, passing Mercedes with 213,000. Lexus was in second…

Chinese automaker GAC has hired Stephane Janin, former design director of concept vehicles at Renault Group, as director of its advanced design center. Janin has also been appointed director of its European advanced design center, the state-owned automaker said this week. GAC said it has tentatively decided to establish the European advanced design center in Milan, Italy. …

The shortage of semiconductor components is having a broad impact on the production figures of the car industry. The volume brands of the Volkswagen Group were particularly hard hit. Production in terms of units slumped by 26 per cent compared to the same period of the previous year. Because the chips for the vehicles’ electronic…