The auto industry, severely impacted by the pandemic, faces high car prices, high interest rates, and stagnant sales, with inventories rising to pre-pandemic levels. The chip shortage led to increased ...

The Detroit automakers are staring at a looming semiconductor chip crisis that could put the brakes on much of their new car production. A group representing major carmakers has warned that a dispute ...

A trade group representing the auto sector in the European Union said a critical chip shortage is worsening by the day, hitting automakers hard and putting vehicle production at risk. The European ...

[Stay on top of transportation news: Get TTNews in your inbox.] Carmakers around the world are planning to scale back production after an export freeze on a Chinese semiconductor company based in ...

Dutch chipmaker Nexperia has halted wafer supplies to its Chinese assembly plant in Dongguan, citing the local unit’s failure to meet contractual payment terms, according to a letter to its customers ...

DETROIT – U.S. sales of Ford Motor's new vehicles last month declined by 33.1% from a year earlier due to an ongoing global shortage of semiconductor chips that's wreaking havoc on the automotive ...

Honda 72670.59%increase; green up pointing triangle Motor cut its annual earnings forecasts after a weak first half, flagging slumping car sales in China and Southeast Asia and a nearly $1 billion ...

According to the CEO of China's largest contract chipmaker, fears of a memory chip shortage have seen customers hold back on orders of other chips used in their products. Analysts say the supply ...

Shares in European automakers rose Monday on optimism that a supply shortage of semiconductors might soon be resolved. China’s Commerce Ministry said over the weekend that it will loosen its export ...

The Detroit automakers are staring at a looming semiconductor chip crisis that could put the brakes on much of their new car production. A group representing major carmakers has warned that a dispute ...