Chip shortage puts a brake on auto industry
Initially downplayed by auto industry bosses, the global shortage of computer chips has worsened and severely hampered carmakers, according to their latest results.
Oct 28, 2021
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Automotive
Initially downplayed by auto industry bosses, the global shortage of computer chips has worsened and severely hampered carmakers, according to their latest results.
Oct 28, 2021
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Automotive
Tesla says it delivered 201,250 electric vehicles in the second quarter as it overcame a global computer chip shortage that has hit nearly every automaker.
Jul 2, 2021
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Automotive
U.S. new vehicle sales tumbled more than 21% in the second quarter compared with a year ago as the global semiconductor shortage continued to cause production problems for the industry.
Jul 1, 2022
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Business
A total of 6718 electric vehicles were sold in Australia in 2019. That's three times as many as in 2018, but it's still small beer. More than a million fossil-fueled light vehicles (including SUVs and utes) were sold in the ...
Feb 10, 2020
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Business
American Express disclosed a pair of federal probes over its sales practices, according to a securities filing Friday.
Feb 13, 2021
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Automotive
German car giant Daimler has reported a 78-percent drop in preliminary first-quarter operating profits to 617 million euros ($667 million), as the coronavirus wreaks havoc on production and sales.
Apr 23, 2020
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Business
Amazon's annual "Prime Day" online shopping bonanza racked up more than $11 billion in sales at the e-commerce platform, market tracker Adobe reported on Wednesday.
Jun 23, 2021
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Business
Amazon said Thursday its Prime members ordered more than 100 million items during a sales event this week that analysts are expecting to be a bellwether for the holiday shopping season.
Oct 13, 2022
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Automotive
Ford reported higher US auto sales Tuesday, bucking an industry-wide trend of declines in the latest quarter amid crimped supply of semiconductor and other key parts.
Jul 5, 2022
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Automotive
Automakers saw lackluster US sales in the third quarter, as manufacturers continued to grapple with supply constraints, according to reports from the companies Monday.
Oct 4, 2022
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