Ford is preparing to reduce its Dearborn Truck plant to a single shift due to the global shortage of chips, […]
Tag: chip
Chip shortage to cost automakers $110 billion in revenues in 2021
The global semiconductor chip shortage will cost automakers $ 110 billion in revenue losses this year, up from a previous […]
Tech giants join call for investing in U.S. chip producers
Some of the world’s largest chip buyers, including Apple, Microsoft and Google, join top chip makers such as Intel to […]
Nissan eyes sales recovery as chip shortage hampers rebound
TOKYO – Nissan expects to break even this fiscal year, defying expectations of a return to profitability as the global […]
Ford extends shutdown, Stellantis confirms layoffs due to chip shortage
Ford and Stellantis announced new production cuts this week amid the global semiconductor shortage, with popular models including the Ford […]
Ford stock slumps 10% over chip shortage, drags down rival GM, suppliers
Shares of US carmaker Ford Motor Co fell more than 10% on Thursday after warning that the global shortage of […]
Investors eye U.S. chip startups while feds put pressure on Taiwan
OAKLAND, Calif. – Long-targeting software and Internet companies, Silicon Valley venture capitalists are once again pouring money into the semiconductor […]
Chip shortage explained: Low inventory, skyrocketing used car prices and no end in sight
As you know, microchips can be found in just about everything from the obvious (cell phones, smart devices) to the […]
White House to discuss chip shortage with major auto industry officials
President Joe Biden holds up a silicon wafer Monday at the CEO Summit on Semiconductor and Supply Chain Resilience at […]
Hyundai avoided automotive chip shortage with early purchases
SEOUL – Hyundai has so far avoided a chip shortage that has plagued global automakers, largely stocked up on chips […]