Ford profit drops 50 percent because of a global chip shortage.
Ford has had to halt or slow production of highly profitable models like the F-150 pickup truck and various sport-utility vehicles.
Tesla reports a big jump in profit.
The electric car company made $1 billion in the second quarter as its revenue roughly doubled from the same period a year earlier.
General Motors Recalls Chevrolet Bolts Over Battery Fire Hazard
The automaker has told owners of the 51,000 vehicles, from the 2017 to 2019 model years, to take precautions until defects are remedied.
General Motors Recalls Chevrolet Bolts Over Battery Fire Hazard
The automaker has told owners of the 51,000 vehicles, from the 2017 to 2019 model years, to take precautions until defects are remedied.
¿Es seguro el piloto automático de Tesla?
La familia Maldonado, de California, perdió a su hijo adolescente cuando un auto de Tesla chocó con su camioneta. Los Maldonado alegan que la función Autopilot tiene parte de responsabilidad por el siniestro.
Tesla Says Autopilot Makes Its Cars Safer. Crash Victims Say It Kills.
A California family that lost a 15-year-old boy when a Tesla hit its pickup truck is suing the company, claiming its Autopilot system was partly responsible.
Tesla Sales More than Double in the Second Quarter
Tesla said sales doubled in the second quarter, but Ford reported a more modest increase as the industry grapples with a semiconductor shortage.
Tesla Autopilot and other driver-assistance systems get new scrutiny.
Federal safety regulators told automakers to provide more information about accidents involving cars and trucks with automation technology.
G.M. to Boost Electric Vehicle Spending, Build Battery Plants
General Motors’ push to increase E.V. spending follows an announcement by Ford that it would start making an electric version of its F-150 pickup truck this year.
In an about-face, Lordstown Motors says it will start production in September.
Lordstown said last week that it needed to raise more money and might not survive. Now, the company’s new executive chairwoman has said “It’s a new day at Lordstown Motors.”