Motoring Podcast - News Show

FOLLOW UP: IMPACT OF JLR SHUTDOWNProfessor David Bailey has written up a piece on Blogs from the Blackstuff following a report from the Cyber Monitoring Centre (CMC), which outlines the cost of the JLR shutdown and it is large. The estimated cost is in the region of £1.9 billion but could be as high as £2.1 billion. Over 5,000 businesses were affected. The CMC hopes businesses, the Government and insurers to learn lessons. To read more, click this article link here. NEW CHIP CRISIS LOOMINGAnother week and another example of how crucial China is to making things. This time there is a spat between Dutch and the Chinese Governments over the chip maker Nexperia after the Chinese CEO was removed and the European country took control of the company. They supply a lot of the car industry, particularly the electric car making segment. China has restricted exports of their chips, which means the company cannot guarantee reliable supply. For more on this story, click this link to an electrive article here. PORSCHE PROF