Car industry remains flat

Car industry remains flat

After strong rebound in 2022 driven by pent-up demand, the local car market has been gloomy for the year to date, which is expected to linger until the year-end.
Auto trade issues persist amid rise in consumption

Auto trade issues persist amid rise in consumption

Amid a rise in car consumption, a wide range of giant automakers have had to cut production or close facilities due to the global semiconductor shortage that is affecting price and delivery times.