The shortage has shuttered plants and led to higher car prices. When will it be over? The global chip shortage that has idled automotive plants, delayed shipments of new vehicles and pushed ...
Ford is finding a different, non-conventional solution to the new car shortage – it is shipping vehicles without some parts. The change specifically affects Ford Explorer SUVs. Ford will send the SUVs ...
Ford Motor (F +4%) is in a high gear today after the company avoided the doomsday chip-shortage scenario the company painted in April. Ford reported strong upside for Q2 EPS and revenue. Adjusted EBIT ...
DETROIT (AP) — The global shortage of computer chips is getting worse, forcing automakers to temporarily close factories including those that build popular pickup trucks. General Motors announced ...
DETROIT – U.S. sales of Ford Motor's new vehicles last month declined by 33.1% from a year earlier due to an ongoing global shortage of semiconductor chips that's wreaking havoc on the automotive ...
The global chip shortage –which some experts have referred to as “chipageddon” or “chipacolaypse”– has no end in sight and is now affecting the auto industry so much that it is expected to lose $210 ...
DETROIT (Reuters) - General Motors Co on Wednesday said the global semiconductor chip shortage could shave up to $2 billion from 2021 profit, but the U.S. automaker's highly profitable big pickups and ...