World’s largest carmakers seek to avert motor oil crisis

Why it matters

The motor oil base stock shortage prompting carmakers to seek new blends is a notable supply-chain development affecting auto manufacturing input costs, but it represents routine industry adaptation rather than a structural credit-market event.

Sources

• Financial Times

  World’s largest carmakers seek to avert motor oil crisis

  Shortage of Group III base oils prompts auto manufacturers to turn to new blends