Neal E. Boudette – Page 7

Auto Sales Likely Fell in 2022 Because of Supply Chain Chaos

Automakers have been hampered by the supply of semiconductors and higher interest rates.

The electric truck maker said it had enough cash to fund its operations through 2025.

The electric carmaker made the announcement on the same day it reported losing $670 million in the third quarter.

The automaker is struggling with supply chain problems and wrote off its investment in a self-driving technology business.

General Motors sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.

The automaker sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.

The electric carmaker is growing fast but investors are worried that sales are starting to slow because of higher prices and interest rates.

The automaker’s performance indicates that the global semiconductor shortage is beginning to ease.

The increase from the same period last year comes as competition grows among automakers producing electric vehicles in the United States.

The plan is part of a global push by the automaker to develop and produce electric vehicles.