VW’s Skoda may halt production due to chip shortage – Reuters
Skoda Auto, part of Volkswagen and the Czech Republic’s biggest exporter, will significantly reduce or perhaps halt production from the week starting Oct. 18 until the end of the year due to the global shortage of chips hobbling the automotive sector.
Ford to invest around $300 million to build electric car parts at UK plant – Reuters
Ford said on Monday it would invest up to 230 million pounds ($316 million) to build electric car components at its Halewood factory in northern England.