The Japanese auto maker has overtaken rival GM in U.S. sales for the third quarter and first nine months of the year, illustrating the disproportionate impact of the chip shortage.
Autos & Transportation
Once viewed as a short-term crisis for the auto industry, the global computer-chip shortage could take years to fully overcome amid fresh bottlenecks in Asia and the challenge of boosting output of the sector’s more-basic chips.
In the race to build a cheaper and longer-range electric car, auto companies are pouring more money into the technology, which has long been considered a moonshot.
The safety recall covers 2021 model-year vehicles for inadequate bonding of the glass panel parts, increasing the risk of injury.
Semiconductors have become a strategic component for car makers. First they will increase inventories, then some might design their own.
Former Fiat Chrysler chief Mike Manley will lead the largest publicly traded car-dealership chain in the U.S., succeeding company veteran Mike Jackson.
The new rules, which replace a series of travel bans imposed during the Trump administration, will require travelers flying to the U.S. to show proof of vaccination.
The grounding lasted 45 minutes because of technical system issues, which have now been resolved.
The auto maker said it would add to scheduled downtime at seven plants in the U.S., Canada and Mexico.
The pandemic has shown that old-school car stocks like GM and Volkswagen are still driven more by sales than high-profile technology developments
Car companies are trying to reduce their carbon footprint by developing a more environmentally friendly manufacturing process.
As vehicles become more digital, semiconductor companies and auto makers talk about the benefits of cooperation: “We need you, and you need us.”
The auto maker’s decision to stop making cars in India deals a blow to Prime Minister Narendra Modi’s domestic manufacturing drive while highlighting the difficulty foreign car makers have gaining a foothold in India’s market.
German car makers emphasized sustainability and climate policy as they unveiled all-electric concept cars and promised to end tailpipe emissions sooner.
The Biden administration announced a new effort to clean up jet fuel, aiming to cut its greenhouse-gas emissions by one-fifth before the end of the decade.
One of Europe’s biggest carriers rebuffed a takeover proposal by a smaller rival, in the first publicly disclosed attempt at significant consolidation in the ravaged airline industry.
Much of what irks people about air travel today traces back to the attacks 20 years ago, which shook the airline industry and triggered federal aid that preceded a wave of consolidation.
Here are seven major companies whose stocks moved on the week’s news.
Private-aviation services are running at full tilt even as commercial flights come back, which suggests some pandemic demand is here to stay.
The holiday is historically one of the auto industry’s biggest sales events, but dealers have very little inventory to sell this year.