COLUMBUS, Ohio — Intel will invest $20 billion in a new computer chip facility in Ohio amid a global shortage […]
Tag: shortage
BMW removing touchscreen from a bunch of models due to chip shortage
Some unfortunate news about chip shortages has just come out for those in the market for a new BMW. Certain […]
GM’s Kansas facility to remain closed through mid-August due to chip shortage
General Motors is extending downtime at its Fairfax Assembly facility in Kansas City, Kansas, due to ongoing problems with the […]
Volkswagen says chip shortage is at ‘lowest point’ right now
BERLIN – Volkswagen expects the semiconductor shortage to decrease in the third quarter, but sees the bottlenecks persist in the […]
GM forecasts ‘significantly better’ earnings as chip shortage eases
General Motors expects financial results in the first half of 2021 to be significantly better than previously forecast as shipments […]
Ford F-150, Mazda see further production cuts due to chip shortage
Ford is preparing to reduce its Dearborn Truck plant to a single shift due to the global shortage of chips, […]
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 […]
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 […]
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