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Friday, October 1, 2021

General Motors, Stellantis, Toyota and Honda Q3 deliveries hit hard by chip shortage


General Motors, Stellantis, Toyota and Honda Q3 deliveries hit hard by chip shortage



U.S. auto sales dropped dramatically in the third quarter as inventories continued to dwindle amid the ongoing chip shortage. Hyundai and Kia saw the largest gains among major brands.

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Pound falls as borrowing costs rise to highest since 2008

Economists have warned the rise could ultimately mean further tax rises or cuts to spending plans. from BBC News https://ift.tt/ohNK5jU