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Why Ford blue ovals are scarce

The Blue Oval is grappling with a shortage of blue ovals.Ford Motor Co. has had to delay shipments of some vehicles in recent weeks because it ran out of the badges that go on the front and rear, The Wall Street Journal reported, citing…

Geely takes stake in Aston Martin

Zhejiang Geely Holding Group said it had taken a 7.6 percent stake in Aston Martin. The purchase is another move by Li Shufu, Geely's billionaire owner, to expand his automobile empire. Geely also owns Volvo and Lotus Cars and has a stake…

Toyota production rises in August as COVID eases

Toyota’s global output rose for the first time in five months in August, led by gains in overseas markets -- in particular Southeast Asia, where a COVID surge disrupted supply chains a year ago. The automaker made 766,683 vehicles in…

Toyota output rises in August as COVID eases

Toyota’s global output rose for the first time in five months in August, led by gains in overseas markets -- in particular Southeast Asia, where a COVID surge disrupted supply chains a year ago. The automaker made 766,683 vehicles in…

Porsche makes robust trading debut in landmark IPO

VW Group divided Porsche's share capital into equal parts voting and non-voting shares, with the German carmaker retaining 75 percent ownership. Some 12.5 percent of total share capital –- only non-voting shares –- is being publicly…

Mazda mulls Russia exit amid Ukraine war sanctions

TOKYO -- Mazda is discussing ending production of its vehicles at a joint venture plant in Vladivostok, eastern Russia. Mazda said its withdrawal is under discussion as it sees no path to restarting production in Russia, following reports…

Ford demonstrates how supply chain woes not over

Ford Motor Co.'s warning last week that its third-quarter earnings will be marred by higher-than-expected supplier costs and a lack of parts is the latest sign of the lingering supply chain woes plaguing the industry. The automaker said…

Tesla: Texas battery production trumps German plant

In a related move, Tesla now plans to construct a battery-grade lithium hydroxide refining operation in either Texas or in Louisiana, according to Reuters, citing an application filed with the Texas Comptroller's Office.The project would…