Day: April 6, 2021

Car industry could take six months to recover from chip shortage

TipRanks

2 Compelling Dividend Stocks Yielding at Least 8%; Oppenheimer Says ‘Buy’

The crises of the past year – the COVID pandemic, the social lockdowns, the economic shock – are on the wane, and that’s good. However, the crisis post-mortems are rolling in. It’s only natural to compare the current economic crisis to the ‘Great Recession’ of 12 years ago, but as Oppenheimer’s chief investment strategist John Stoltzfus points out, “Considering the differences in what caused the Great Financial Crisis of a little more than 12 years ago… and the current crisis… it’s little wonder that as good as things are when compared to this time last year there remains much to be revealed as to how the exit and the legacy of the pandemic crisis will take shape…” Stoltzfus also believes that the economic data, while suffering some setbacks, is generally resilient. Markets are rising, and that, as Stoltzfus

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What Are The Different Types Of Auto Industry Jobs?

Transport infrastructure consists of the fixed installations, together with roads , railways , airways , waterways , canals and pipelines and terminals similar to airports , railway stations , bus stations , warehouses , trucking terminals, refueling depots (together with fueling docks and gas stations ) and seaports Terminals could also be used both for interchange of passengers and cargo and for upkeep. Before the contract is drawn up, the finance supervisor will also likely pitch you further products and services. Shopping for an prolonged warranty on the right price can present peace of thoughts. However examine first to see how much guarantee still remains on the automotive. Many producers now embody powertrain” warranties up to seventy five,000 miles. This covers all of the elements that make the automotive driveable, such as the engine, transmission and suspension.

Minimum Age: 13 years old (nonetheless, if you are between 13 and 18 … Read More

Retailer will take old baby seat in exchange for discount on new one

FILE – 4moms products on display during the 4moms Car Seat launch event at Petersen Automotive Museum on Aug. 4, 2016 in Los Angeles, California.

Calling all parents: Target is holding a baby car seat trade-in event through April 17.

The retail chain will allow customers to trade in an older car seat in exchange for 20% off of a “new car seat, car seat base, travel system, stroller or select baby home gear. Select baby home gear includes playards, high chairs, swings, rockers & bouncers,” according to the store’s website.

Trade-ins will be allowed for the following items:

  • Infant car seats
  • Convertible car seats
  • Car seat bases
  • Harness or booster car seats
  • Car seats that are expired or damaged

Qualified items can only be traded in at Target store locations. Designated signage will point guests to drop-off boxes which will be located near guest services inside all stores.

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Automakers Want Aid Set Aside for Car-Grade U.S. Chip Production

Ford Motor Co. Unveils $1 Billion Chicago Plant Transformation

Photographer: Daniel Acker/Bloomberg

Automakers want a portion of the money Congress approved for addressing the global semiconductor shortage to be reserved for vehicle-grade chips — warning of a potential 1.3 million shortfall in car and light-duty truck production in the U.S. this year.

Congress last year authorized federal spending on research and design initiatives to boost domestic chip production and create a subsidy for domestic manufacturers. But the money still needs to be included in an appropriation measure before it can be doled out.

“Given the importance of chips to current auto production and future automotive innovation, it would be regrettable if none of the funding under the CHIPS for America Act, once appropriated, was used to increase the resiliency of automotive supply chains through the construction of new facilities that produce or have the ability to produce auto-grade chips,” John Bozzella, president and chief executive officer

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