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Toshihiro Mibe’s comments reflect the pressure on automakers to share technology and costs to meet demands for […] -
Microchip shortages caused lower-than-expected vehicle production, resulting in reduced sales and profits. Still, total revenue surged 93 […]Autoliv swings to $164M operating profit in Q2 but cuts 2021 forecast
Auto July 16, 2021 -
Starting in August, VW will source some chips from a new supplier, which will start to ease […]Volkswagen China sees chip supply shortage easing
Auto July 16, 2021 -
Among brands, the monthly winners included Hyundai, Jaguar, Kia and Mazda. Among the losers were Renault and […]European sales rose 13% in June as pandemic recovery continues
Auto July 16, 2021 -
Four of the automaker’s plants will be down from July 19 until Aug. 2. Read MoreGM adds downtime at 5 crossover plants due to chip shortage
Auto July 16, 2021 -
Only dealers who would choose to receive the unfinished vehicles would get shipments and service technicians would […]Ford weighs shipping vehicles missing chips for dealerships to finish
Auto July 16, 2021 -
Nissan said Titan and Frontier production also will be down for two days each in the first […]Nissan extends U.S. production downtime for Altima sedan
Auto July 15, 2021 -
The Charger and Challenger are believed to be highly profitable, but it has remained unclear what Stellantis’ […]Why the Stellantis plant in Brampton, Ont., might be without product in 2024
Auto July 15, 2021 -
Some of the stores may be outside of GM’s existing dealer network. Outsourcing to non-GM dealers would […]GM's BrightDrop to open first dealerships this year
Auto July 15, 2021 -
Environment groups have warned against expanding extra credit for EV sales that could discourage automakers from aggressively bolstering […]Greens fear Biden will go easy on automakers over emissions
Auto July 15, 2021 -
Penske Automotive spokesman Anthony Pordon said income from continuing operations, earnings per share and earnings before taxes […]Penske Automotive predicts record Q2 results
Auto July 15, 2021 -
Audi said Duesmann’s admittance to a rehabilitation clinic was a precautionary measure on the advice of his […]Audi CEO Duesmann goes into rehab to recover from coronavirus
Auto July 15, 2021