automakers
New York Auto Show Canceled Amid Delta Variant Worries
WASHINGTON—Organizers on Wednesday canceled the New York Auto Show that had been set for later this month amid rising COVID-19 cases caused by the more infectious Delta variant of the coronavirus. The 10-day public show and press previews that had been set to start Aug. 19 typically draw thousands of journalists from around the world […]
US Automakers to Reinstate Mask Mandates at All Plants
WASHINGTON—Detroit’s Big Three automakers and the United Auto Workers (UAW) union said on Tuesday that they will reinstate the wearing of masks at all U.S. plants, offices, and warehouses, regardless of vaccination status, beginning on Wednesday. General Motors Co, Ford Motor Co, and Stellantis NV said in a joint statement with the union the move is […]
Jaguar Land Rover Parent Company Logs Surprise Loss on $2 Billion Restructuring Charge
BENGALURU—India’s Tata Motors posted a surprise quarterly loss and took a $2.05 billion charge at the luxury Jaguar Land Rover (JLR) unit, warning that a global chip crunch and surging COVID-19 cases in the country would hurt its business. Like other carmakers in India, Tata Motors was navigating the pandemic’s impact on sales when a […]
US Commerce Department Presses Taiwan for More Chips to Automakers
WASHINGTON—The U.S. Commerce Department is pressing Taiwan Semiconductor Manufacturing Co Ltd and other Taiwanese firms to prioritize the needs of U.S. automakers to ease chip shortages in the near term, Commerce Secretary Gina Raimondo said. Raimondo told a Council of the Americas event on Tuesday that longer term, increased investment was needed to produce more […]
US Automakers Post Higher Quarterly Sales Even as Chip Shortage Bites
Automakers on Thursday reported a rebound in first-quarter U.S. sales from a coronavirus-induced slump last year, but volumes were capped by a global chip scarcity that forced many companies to cut production. The need for increased personal safety during the COVID-19 pandemic has boosted sales for automakers, as people prefer traveling by their own cars […]
Massive Chip Shortage Fuels Calls for Bringing Production Back to US
WASHINGTON—The pandemic has exposed the fragility of global supply chains and the shortage of computer chips is the latest incident that forced many automakers across the world to halt production. Western governments are learning hard lessons from these disruptions, pushing to create more resilient and diverse supply chains. The Biden administration has also pledged to […]
Car Plants Slow Down Due to Chip Shortage
Automakers around the world are scrambling to find chips. Now Ford and GM are reducing production. One auto industry expert says part of the problem is that other industries that were strong during the pandemic used a lot of chips. And now the auto industry is trying to bounce back from all the production it lost […]