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AFP

Nov 1, 2021, 1:33 AM

GM, Ford See Semiconductor Shortage Lasting Into 2022

General Motors and Ford reported lower profits Wednesday as a global semiconductor crunch dented sales, prompting both US auto giants to caution that shortages would persist into 2022.

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  Reuters | Nov 1, 2021

  Automakers Funding New Tech Aimed At Making Greener Lithium For EVs

  Albemarle Corp and other traditional lithium producers say they have studied DLE technologies but feel they will not go mainstream until later this decade, given worries about high energy and water use.

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  AFP | Nov 1, 2021

  Chip Shortage Takes Shine Off Volkswagen's Third Quarter

  In the third quarter VW 'lost some 600,000 vehicles that could not be delivered to customers compared to the second quarter', chief executive Herbert Diess said in a conference call.

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  Reuters | Nov 1, 2021

  Ford To Suspend Production At Mexican Plant Due To Material Shortages: Report

  Ford Motor Co. to suspend production at its Hermosillo factory in northern Mexico from November 1-5 due to material shortages.

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  AFP | Oct 31, 2021

  German Court Acquits VW Managers In Overpayment Case: Report

  Judges in Brunswick did not find that the accused deliberately acted "contrary to duty and to the detriment of the company", a court spokesman said.

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  AFP | Oct 31, 2021

  Stellantis' Car Production Chopped By Chip Shortage

  The company said that the shortage of semiconductors was worse than it had predicted even as late as August, but that supplies were now stabilising.

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  AFP | Oct 31, 2021

  GM Reports Big Drop In Q3 US Sales On Semiconductor Woes

  GM reported third-quarter sales of 446,997 in the United States, down almost a third from the year-ago period.

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  Reuters | Oct 31, 2021

  Volkswagen's Skoda To Resume Production After Two-Week Outage: Report

  Skoda Auto to resume production at most of its plants on Sunday evening after a two-week outage.

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  AFP | Oct 31, 2021

  Stellantis Suspends Vienna Production Over Chip Shortage

  "Production will resume on January 2, 2022," it said, adding that in the meantime, staff would be put on short-time working.

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