General Motors on Wednesday said the global semiconductor chip shortage could hit the automaker’s profits up to $2 billion from 2021, but the U.S. automaker’s highly profitable big pickups and
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General Motors said on Tuesday it was extending production cuts at three North American plants until at least mid-March due to the worldwide semiconductor chip shortage, while vehicles at two
Chinese government officials have met representatives from U.S. electric automaker Tesla Inc over reports from consumers about battery fires, unexpected acceleration, and failures in over-the-air software updates, a regulator said
Ford Motor confirmed on Friday the U.S. Justice Department and California Air Resources Board have put an end to a lengthy investigation into the automaker’s emissions certification process without taking
Ford Motor has decided to terminate plans to start electric vehicle joint ventures with China’s Zotye Automobile, the American automaker said on Thursday. It said that China’s electric vehicle industry
General Motors became the latest automaker hit by the worldwide shortage of semiconductor chips as the U.S. automaker said on Wednesday it will cut production next week at four assembly
U.S. President Joe Biden’s administration has begun discussions with the utility and automobile sectors about decreasing greenhouse gas emissions, White House domestic climate change adviser Gina McCarthy informed Reuters. The
Ford Motor will invest $1.05 billion in its South African manufacturing operations, including upgrades to increase the production of its Ranger pickup truck, the U.S. automaker said on Tuesday. The
The last car built for sale by General Motors in Australia has been auctioned for $575,000 by Lloyds Auctioneers, which was ten times higher than its list price. The 2017
Ford Motor will tap into software, artificial intelligence, and cloud computing offered by Alphabet Inc’s Google to develop new consumer services and modernize internal operations, the companies said on Monday.
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