WATCH: Hyundai says it expects output to rebound in the first half of this year as the chip crisis eases, while Japan's Toyota is reported to be aiming for record output to make up for production lost as a result of the shortage
Hyundai Motor expects chip supply to improve gradually from Q2forecast on Tuesday its vehicle production would rebound in the first half of this year as a global chip shortage is expected to ease gradually from the second quarter.
The shortage will continue in the first quarter due to the spread of the Omicron variant, Seo said, adding it was the prolonged COVID-19 pandemic in Southeast Asia and resulting chip sourcing troubles that pushed Hyundai's sales to less than the targeted 4 million vehicles in 2021.
It reported a net profit of 547 billion won , versus 1.1 trillion won a year earlier. That compared with an average analyst forecast of 1.5 trillion won compiled by Refinitiv SmartEstimate.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Watch this Video to Find Out What's Inside a Tesla MotorHave you ever wanted to break apart and see what's inside a Tesla motor? This Youtuber did it for you. engineering
Consulte Mais informação »
Google seeks to take the Pixel 7 cameras to a new level with this newsGoogle is looking for chip designers to help it improve the Image Signal Processor (ISP) on the next Google Tensor chip.
Consulte Mais informação »
Waymo sues to keep autonomous vehicle emergency protocols secret | EngadgetWaymo sues to keep autonomous vehicle emergency protocols secret
Consulte Mais informação »
Elon Musk Says Tesla Will Prioritize Deliveries Over New Vehicles in 2022Elon Musk said Tesla will prioritize deliveries over new vehicles in 2022, as the electric-vehicle company reported record earnings amid supply-chain issues WSJWhatsNow
Consulte Mais informação »
Ford, GM juggle today's challenges with tomorrow's promisesGeneral Motors Co and Ford Motor Co are expected to report next week they turned solid profits for the last quarter of 2021, but rarely has past performance mattered less to investors.
Consulte Mais informação »
Toyota is cutting production in half in San Antonio, citing supply chain and COVID challengesIt’s unclear how many of the thousands of Toyota employees that assemble its trucks in San Antonio could be impacted and for how long.
Consulte Mais informação »