Chip shortage to affect carmakers well into 2023: Daimler

Share!

Business Insurance - Sep 06, 2021

Ola Kallenius, CEO of German automaker Daimler AG, said that the semiconductor chips shortage could continue to impact the global auto industry well into 2023, as increasing demand for chips has aggravate the existing crunch....

Read Full Article

Recommended Articles

South Korean insurers post combined net profits of nearly $6 billion

Posted: Aug 22, 2023

South Korean insurers’ combined net profits increased to around 8 trillion South Korean won ($5.95 b...

P&C insurance market sees reduced capacity on risks

Posted: Aug 22, 2023

According to a new report from Aon PLC, South Africa’s insurance market is continuing to see reduced...

Latin Re obtains license to operate in Lloyd’s marketplace

Posted: Aug 22, 2023

Independent insurance brokerage Latin RE is the first Brazilian broker to get a license to operate d...