China, Europe car sales dampened by chip shortage, COVID measures

SHANGHAI/BERLIN — Car gross sales in China and Europe continue to be frustrated as opposed to last year’s concentrations as semiconductor shortages and anti-pandemic actions weigh on world autos markets,…

Stellantis CEO warns of EV battery shortage, lack of raw materials

Stellantis CEO Carlos Tavares retains a information meeting following meeting with unions, in Turin, Italy, March 31, 2022. Massimo Pinca | Reuters Stellantis CEO Carlos Tavares mentioned he expects shortages…

Ford reports smaller sales decline in April while chip shortage weighs on supply

Ford F-150 Lightning pickup vehicles sit on the creation line at the Ford Rouge Electrical Car or truck Heart on April 26, 2022 in Dearborn, Michigan. Bill Pugliano | Getty…

Chip shortage hurts Apple, Nokia, Daimler and Volvo

Apple CEO Tim Prepare dinner Brooks Kraft/Apple Inc/Handout by means of Reuters An ongoing scarcity of chips and other essential supplies is forcing some of the world’s greatest tech and…

Ford’s first quarter sales fall 17% as automaker battles chip shortage

An employee is effective on the 40 millionth Ford Motor Co. F-Sequence truck on the assembly line at the Ford Dearborn Truck Plant on January 26, 2022 in Dearborn, Michigan.…

Toyota, GM sales fall on chip shortage, supply chain snags

Toyota and Basic Motors reported a slump in initial-quarter U.S. product sales on Friday, as sector-extensive disruptions to source chains and chip shortages squeezed inventories. Toyota, which in 2021 upstaged…

GM to halt pickup truck production in Indiana due to chip shortage

Trucks occur off the assembly line at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018.  John Gress | Reuters DETROIT — Normal…

BMW says 2021 profit surged as it favored higher-margin vehicles during chip shortage

Spencer Platt | Getty Pictures Information | Getty Pictures German automaker BMW AG said Thursday its earnings and internet revenue strike all-time highs in 2021, in spite of increased investing…

Genesis GV80, Other Models Lose Advanced Safety Tech Due To Chip Shortage

The Genesis G80, GV70, and GV80 will briefly not be accessible with the Freeway Driving Aid II superior driver assistance suite since of the ongoing microchip scarcity. As a substitute,…

Ford cuts SUV, truck production at two plants due to chip shortage

An personnel functions on a Ford Motor Co. Tremendous Obligation Truck motor at the Ford Kentucky Truck Plant in Louisville, Kentucky, Sept. 30, 2016. Luke Sharrett | Bloomberg | Getty…