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Chip shortage remains bottleneck in 2022

In a report on the market outlook, international consulting firm Kearney said: "Today's applications built on mature node semiconductors will, over time, move to more advanced nodes purely because of the advantages that a more advanced…

Automotive News’ top stories of 2021

Nothing could be crazier than 2020, we all innocently thought as Kia towed the big "2021" numerals into an empty Times Square.Back then, chips were just tasty but unhealthy snacks. Cars and trucks lost value when they left the dealership…

BYD, Daimler set to retool Denza EV venture

BEIJING -- Daimler and Chinese partner BYD signed an equity transfer agreement to restructure their China EV venture, Denza. Daimler said its holdings in Denza will be reduced to 10 percent, and BYD will hold the remaining 90 percent…

GM to provide EV components across industries

DETROIT тАФ General Motors plans to provide electric components across industries to expand its electrification technology to a larger group of commercial customers, the automaker said Wednesday. The automaker will begin introducing electric…

Ford EV demand forces delays

Ford doesn't plan to build the Explorer and Aviator EVs alongside their gasoline-powered counterparts in Chicago because that plant is near capacity with no room for expansion. A new EV assembly plant that will be part of the massive Blue…

Automakers spending big on new factories

If auto factory investments were hobbled in 2020 by COVID-19-related fears and global business uncertainties, 2021 could be called the year when automakers made up for lost time. The auto industry came out of its pandemic doldrums,…

Toyota updates lost production toll in Japan

TOKYO -- Toyota Motor Corp. says lost production from the latest stoppages at Japanese plants will now total about 14,000 vehicles in December, up from 9,000 units it flagged on Friday. Output has been halted at some factories in Japan as…