Automotive

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.

Business

Amazon 'Prime Day' spend soars amid reopening

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.

Automotive

Ford US vehicle sales neared two million in 2023

Auto giant Ford sold almost two million vehicles in the United States last year, the company said Thursday, buoyed by accelerating electric vehicle sales and continued growth in internal combustion engine trucks.

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