Neal E. Boudette
Posts
Stellantis Reports Big Profit Even as Chip Shortage Cut Output
The automaker, which owns Jeep, Ram and Fiat, said its profit more than doubled, thanks to higher prices and cost-cutting measures that outweighed interruptions caused...
Regulators Investigate Tesla Over Reports of ‘Phantom Braking’
Some drivers have complained that cars using the company’s Autopilot system have been slowing down suddenly even when there are no hazards ahead.
Autonation Says Half of the Cars Arriving at Dealers Are Already Sold
The automotive retailer said tight demand and limited supply, driven by shortages in computer chips, is likely to continue well into the year.
G.M. and Ford, with big operations in Canada, says protests have not hampered them.
The disruptions could limit the movement of parts and cars between factories in the United States and Canada if the situation deteriorates.
Tesla Faces New Scrutiny Over Racial Bias and Elon Musk’s Tweets
The electric carmaker disclosed the new legal issues in its annual report to securities regulators, which was made public on Monday.
Ford earned $17.9 billion in 2021, bolstered by a large gain on its Rivian stake.
Ford ended the year with more revenue than General Motors for the second year in a row.
GM’s Profit Jumped in 2021 Despite Global Chip Shortage
The company made $10 billion in profit for 2021, a 55 percent increase from 2020.
Tesla Recalls Cars With Full Self-Driving to Prevent Rolling Stops
Tesla told the federal regulator that rolling stops were allowed only at intersections when no cars, pedestrians or bicyclists were detected but agreed to disable...
Tesla Reports Record Profit but Warns of Supply Problems
The carmaker had a profit of $5.5 billion as sales of its electric vehicles continued to surge, especially in China and Europe.