Auto giant Toyota (NYSE: TM) said on Thursday that it will cut its global production output by 40% in September, because of parts shortages affecting its factories in Japan and elsewhere.
In grim warnings this week, major carmakers including Toyota and Volkswagen offered fresh evidence that the auto industry remains firmly in the grip of an ongoing semiconductor chip shortage that shows no sign of abating.
Toyota Motor Corp said it will slash global production for September by 40% from its previous plan, becoming the last major automaker to cut output due to a global chip crunch, but it maintained its annual sales and production targets.
A trio of Democratic U.S. senators has asked the Taiwanese government for more help to address an ongoing chip shortage that has left numerous American auto production lines standing idle at times, according to a letter reviewed by Reuters.
A trio of Democratic U.S. senators has asked the Taiwanese government for more help to address the ongoing chip shortage that has left numerous American auto production lines standing idle at times, according to a letter reviewed by Reuters.
An Indian arbitrator has issued an order asking Nissan Motor Co to pay its factory workers additional wages, despite warnings from the automaker that a higher payout could make its business "unviable in the long run".
A group of seven British organisations including battery materials firm Johnson Matthey, start-up Britishvolt and Oxford University said on Thursday they had formed a consortium to develop solid-state batteries for electric vehicles.
Ford Motor Co said Wednesday it will temporarily shutter its Kansas City assembly plant that builds its best-selling F-150 pickup truck due to a semiconductor-related part shortage as a result of the COVID-19 pandemic in Malaysia.
The National Highway Traffic Safety Administration said Wednesday it was considering reinstating a boost in higher penalties for automakers failing to meet fuel efficiency requirements, a decision that could cost the industry hundreds of millions of dollars or more.
In this episode of Industry Focus: Energy, host Nick Sciple and Motley Fool auto specialist John Rosevear break down President Joe Biden's electric vehicle executive order and take a look at earnings for Ford (NYSE: F), GM (NYSE: GM), BMW (OTC: BAMXF), Ferrari (NYSE: RACE), and m
An Indian arbitrator has issued an order asking Nissan Motor Co to pay its factory workers additional wages, despite warnings from the automaker that a higher payout could make its business "unviable in the long run".
A cybersecurity flaw in a software designed by BlackBerry Ltd could put at risk cars and medical equipment that use it and expose highly sensitive systems to attackers, the U.S. drugs regulator and a federal agency said on Tuesday.
A cybersecurity flaw in a software designed by BlackBerry Ltd could put at risk cars and medical equipment that use it and expose highly sensitive systems to attackers, the U.S. drugs regulator and a federal agency said on Tuesday.
What happened
Shares of Detroit auto giants Ford Motor Company (NYSE: F) and General Motors (NYSE: GM) were both trading lower on Tuesday afternoon after the U.S. government reported that retail sales, including auto sales, were down in July as American consumers appeared to shif
Lightning eMotors (NYSE: ZEV) said on Aug. 16 that it lost more money in the second quarter than Wall Street had expected, and it withdrew its guidance for the full year citing uncertainty around the supply of commercial-vehicle chassis. But, it said, its sales pipeline remains s
An Indian arbitrator has issued an order asking Nissan Motor Co to pay its factory workers additional wages, despite warnings from the automaker that a higher payout could make its business "unviable in the long run".
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Ford Motor Co. (Symbol: F), where a total of 464,975 contracts have traded so far, representing approximately 46.5 million underlying shares. That amounts to about 85.6
What happened
Shares of Lightning eMotors (NYSE: ZEV), a maker of powertrains for electric commercial vehicles, were trading lower on Tuesday after the company reported a second-quarter loss that was wider than Wall Street had expected and withdrew its prior guidance for the full
(RTTNews) - Ford-owned Spin announced the global integration with Google Maps that will help users to take advantage of Spin E-bikes and E-scooters as they plan their journeys. This will enable users to take up more sustainable option for short journeys in urban areas as they wil