GM posts $2.8B profit, but cautious tone sinks share price
General Motors posted a healthy $2.8 billion second-quarter profit Wednesday, but its cautious outlook for the rest of the year spooked investors.
Aug 4, 2021
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Automotive
News tagged with high prices
Automotive
New auto sales, prices rise as chip shortage cuts US supply
U.S. consumers continued to spend wildly on new automobiles in the second quarter, pushing sales up 50.2% over last year despite tight dealer inventories and record high prices.
Jul 2, 2021
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Business
What's behind $15,000 electricity bills in Texas?
Texans who made it through February's extreme cold weather without losing power or natural gas must have felt lucky.
Feb 24, 2021
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Engineering
Desktop 3-D printing in metal or ceramics
These spur gears—seen here with a euro cent coin for scale—have been produced in stainless steel to a space standard of quality using nothing more than an off-the-shelf desktop 3-D printer.
Dec 1, 2020
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Consumer & Gadgets
Cheap smartphone guide: From iPhone to Google Pixel or Samsung Galaxy, here's what $399 and less will get you
Remember the days of the $1,000 smartphone and all the backlash to those sky high prices?
Apr 16, 2020
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Internet
Mobile access won't fix the digital divide
Mobile services have had an important and positive impact on developing countries where they are the main means of connecting to the internet. However, mobile services have capacity constraints. They use limited radio frequency ...
Nov 19, 2019
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Energy & Green Tech
Bio-based chemicals could reduce fossil fuel use
Petrochemicals, the oil- and gas-derived compounds that serve as the molecular backbones for much of modern commerce, commanded a $539.3 billion market value in 2018.
Apr 30, 2019
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Automotive
Ford 2Q profit up 19%, sees stronger year despite inflation
Ford Motor Co.'s net income rose 19% in the second quarter as the company pulled together enough computer chips to boost factory output and sales.
Jul 27, 2022
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3
Automotive
Ford, GM profits fall as sales drop due to chip shortage
The global computer chip shortage cut into third-quarter profits at both Ford and crosstown rival General Motors, with both companies having to temporarily close factories, pinching supplies on dealer lots.
Oct 28, 2021
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Automotive
New or used? Either way, price hikes squeeze US auto buyers
The viral pandemic has triggered a cascade of price hikes throughout America's auto industry—a surge that has made both new and used vehicles unaffordable for many.
Feb 23, 2021
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