GM Looks to Pricing Power and Pent-Up Demand to Keep Profits High

The automaker saw a Quarter One net income of $2.9 billion, just 2.7% lower than 2021, despite $2.5 billion in increased costs as global revenue rose 11%.

Automakers Race to Release New EVs

The EV race heats up as Ford Motor Co. and General Motors Co. highlight new electric pickups while other car companies get ready to release new battery-powered models in 2022.

Will New Players Threaten Aptiv’s Success?

The question comes down to who will write the software for advanced features like hands-free driving: chipmakers, carmakers, or Tier I suppliers.

Tight Inventories Cause Brand Loyalty to Dip

Short supplies of new vehicles drove a dip in consumer loyalty of over 3 percentage points, according to Experian.

Will GM’s Dominance End Over Chip Shortage?

GM sales fall short of Toyota Motor Corp. over two consecutive quarters.

Chip Shortage: Biden Administration Reports Relief On Its Way

Manufacturers are entering commitments to produce more automotive-grade chips for automotive manufacturers that have idled production amid the shortage.

Big 3 Takes Biggest Hit in Chip Shortage

The Detroit 3 has taken the biggest hit as automakers tweak production to manage the crisis.

Chip Summit Brings Good News and Bad News for Automakers

The Biden Administration has bipartisan support to contribute $50 billion for semiconductor manufacturing and research, but where the funds will go remains subject of debate.

Ford, GM Make Moves for Self-Driving Vehicles

Ford Motor Co. and General Motors Co. are investing in Silicon Valley-area ventures as they try to stay in front of the fast-changing automotive industry. Ford tapped former University of Michigan interim athletic director Jim Hackett to lead a new subsidiary, Ford Smart Mobility LLC, according to The Detroit News. That wing of the company ... Read More »

GM’s Chevy Brand Sweeps North America Car, Truck Awards