Neal E. Boudette – Page 7

Ford Lost Money in the Third Quarter as Costs Surged

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.

The announcement comes as the auto industry ramps up its efforts to switch to electric vehicles.

The move to phase out gasoline-powered cars, with other states expected to follow, matches automakers’ plans. The challenge will be making it happen.

The automaker said the move was needed to be competitive and reallocate resources.