Cars News

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

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.

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.

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

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

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

The two US industrial giants signed a memorandum of understanding with the goal of establishing "a North America- and Europe-based supply chain of vertically integrated magnet manufacturing that both companies will use in the future.

New car registrations fell by 23.1 percent to 718,598 in September 2021 compared to a year ago, according to the European Automobile Manufacturers' Association, known as ACEA.