News Snapshot:
Shanghai’s coronavirus lockdown is having a widespread impact on automakers from China and Japan to America, forcing many to halt or delay vehicle production. Supply chain disruptions caused in part by the ongoing pandemic and in part by parts supply issues due to the war in Ukraine, combine with personnel and semiconductor issues that lead to a critical situation for car manufacturers. Production at Tesla’s Gigafactory in Shanghai, which builds cars for the Chinese market and is also a major export base, has been halted since late March after the government launched a two-stage lockdown that has seen millions residents...
