The global semiconductor shortage continues to crimp production at Stellantis, but the company's chief financial officer sees some upside to the impact on vehicle inventories that could continue beyond the immediate crisis.
CFO Richard Palmer told analysts Wednesday during a webcast for the company's first-quarter financial results that ...Read more
General Motors says it will finish the year strong, in part because of its strategy in dealing with a worldwide shortage of semiconductor chips.
In an unusual move, GM CEO Mary Barra issued a Letter to Shareholders simultaneously with GM's first-quarter earnings results Wednesday. In it, Barra said GM expects to have a strong first half with ...Read more
Postponed this winter by the COVID-19 pandemic, the Chicago Auto Show will return in July to its longtime McCormick Place home.
“Finally, the return of our beloved Chicago Auto Show,” Gov. J.B. Pritzker announced at a news conference Tuesday.
The 113th annual show, which normally runs in February, is scheduled to take place July 15-19, ...Read more
Dennis Williams led a double life as president of the UAW, and the stain the ex-labor leader left on the union as part of the corruption scandal will burden its members for years to come, according to federal prosecutors.
In a sentencing memo Monday, prosecutors asked that Williams, of Corona, California, receive a two-year prison sentence and ...Read more
As Kentucky Derby fans traveled along I-71 to and from Churchill Downs over the weekend, it would've been hard not to notice while driving through Sparta the thousands of Super Duty pickup trucks parked in rows.
This illustrates the multibillion-dollar impact of the ongoing global semiconductor shortage on the auto industry, specifically Ford ...Read more
Ford Motor Co. announced Monday it is increasing its investment in a producer of solid-state batteries, yet another move in the automaker's push to establish a sustainable supply of the components needed to power a coming wave of electric vehicles.
The Dearborn automaker joins German automaker BMW AG in contributing to a $130 million Series B ...Read more
Don't underestimate the little brother.
The Bronco Sport 4-door SUV — often called a baby Bronco — has scored a coveted perfect crash test score from the independent, nonprofit Insurance Institute for Highway Safety.
This is a pretty big deal.
The 2021 Mustang Mach-E earned a Top Pick, which is a strong rating.
But the Bronco Sport is ...Read more
The global semiconductor chip shortage arguably is unlike anything the automotive industry has weathered. It is poised to drag on for months longer, cutting into the profits of automakers and their suppliers, delivering uncertainty and lost wages to autoworkers, and giving consumers fewer choices and higher prices on dealership lots.
The crisis...Read more
Angela Henderson is a product of Detroit who has traveled the world, and she understands racial differences and the importance of helping people feel safe at work.
Sometimes sensitive conversations create controversy and misunderstanding, she said.
Her job is to change the landscape as racial equity director at Ford Motor Co.
"I'm Black all ...Read more
Paying inflated prices for simple auto repair jobs. Using cheap parts for repairs. Selling useless extended warranties. Charging higher-than-necessary interest rates for loans.
These are a few of the ways auto-related scams are victimizing consumers, according to a new report by Tampa-based insurance price comparison website Clearsurance.
The ...Read more
The new Kia Carnival minivan wants you to know that it's good looking. It's a minivan thing, I get it. Minivans are insecure next to their high-riding, muscular SUV peers. So Carnival has raided its hot Telluride and Sorento siblings' closets to outfit itself with a big grille, boxy stance and bold wheel arches. Nice.
But I want to talk about ...Read more
Rural Michigan is pickup country. Huge Ford F-250s towing equipment. Laden Silverados hustling to service jobs. Gorgeous Ram trucks prowling construction sites. And macho pickups of all stripes with big tires, menacing hood scoops and lifted suspensions eager to go beyond where the asphalt ends.
Despite its rare Toyota badge my hulking, 2021 ...Read more
Honda revealed a bigger and better-equipped 2022 Civic compact sedan Wednesday evening, adding new levels of technology and a new company-wide infotainment interface to the 11th generation of one of America’s favorite cars.
The new model does not have a hybrid model or any advanced electrification, but EPA fuel economy estimates improve 1-2 ...Read more
AUSTIN, Texas — In a world where the unthinkable now seems commonplace, Jeep has gone and given the iconic Wrangler a serious dose of green cred in the form of the hybrid-electric Wrangler 4xe (four-by-E), to be followed by a Jeep Grand Cherokee 4xe later this year.
“We’ve made the commitment to be the greenest SUV brand,” said Jim ...Read more
General Motors has picked a fifth plant to build its 2023 electric vehicles and it is in Mexico, which the UAW calls "a slap in the face."
GM has already declared it will make EVs at four locations in the United States and Canada.
But on Thursday, GM said it will invest more than $1 billion at its manufacturing complex in Ramos Arizpe, ...Read more
LAZ Parking said Thursday it will install 500 Tesla electric vehicle charging stations in its parking venues nationwide.
The parking giant said it chose Tesla because the brand accounts for more than 85% of the electric cars driven in the United States. LAZ said Tesla drivers will be able to find at its lots and garages by using a Tesla app and...Read more
Despite hundreds of thousands of lost units of production from a global semiconductor shortage, U.S. auto retail sales are expected to reach record highs for April, but only time will tell when depressed inventories will disrupt those volumes.
The forecast is the latest from market research firms J.D. Power and LMC Automotive. The report says ...Read more
Ford Motor Co. reported $4.8 billion profit — with net income of $3.3 billion — for the first three months of this year, a dramatic contrast to one year ago.
For the first three months of 2020, Ford reported a $2 billion net loss. That marked the company's first quarterly earnings net loss since April 2009 during the Great Recession.
The ...Read more
General Motors wants to make America's transition to electric vehicles as seamless as possible.
So the automaker on Wednesday announced several steps it is taking to making charging EVs easy.
First, GM said it signed agreements to partner with seven charging networks to offer customers access to 60,000 plugs in the U.S. and Canada.
GM is ...Read more
Q: I recently was gifted a 1979 Negrini moped. It has a 49cc, two-cycle engine. After some extensive cleaning it appears to be in good condition. The owner’s manual calls for the gas oil mix to use 20 weight motor oil. (20 weight is also used in the transmission). I have not been able to locate a source for straight 20 weight motor oil. I have...Read more
- Stellantis exec: Lower inventory levels connected to chip shortage not such a bad thing
- Thousands of Super Duty pickups sitting off I-71 in Kentucky awaiting chips
- Put in park: How a tiny chip wounded the US auto industry
- Feds want 2-year sentence for ex-UAW President Williams
- 2021 Bronco Sport SUV crushes its crash test, receives perfect score