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Ford Sales Tumble Amid Ongoing Chip Shortage

Rebecca Urena09/02/202109/02/2021

2307

Ford Motor (NYSE: F) experienced a 33.1% fall in new vehicles sales last month, compared to the previous year, amid the continuous shortage of semiconductor chips within the auto...

Automotive Investing News Market News Technology The Market Buzz

Ford to Reduce F-150 Pickup Truck Production Amid Chip Shortage

Rebecca Urena08/26/202108/26/2021

1936

Ford Motor (NYSE: F) announced that starting next week, it is reducing production of its popular F-150 pickup truck as well as two other vehicles amid the continuous global...

Automotive Investing News Market News Technology The Market Buzz

Lordstown Motors Plummets Following Report of DOJ Investigation

Rebecca Urena07/02/2021

2539

Lordstown Motors (NASDAQ: RIDE) fell rapidly Friday after the Wall Street Journal reported that the Justice Department is investigating the electric-truck maker. At noon the stock was temporarily halted...

Automotive Investing News Market News Technology The Market Buzz

Ford Sales Plunge 27% in June Amid Ongoing Chip Shortage

Rebecca Urena07/02/2021

3088

Ford Motors (NYSE: F) reported a 27% fall in June sales, compared with the previous year, ultimately missing analyst expectations as a consequence of the global semiconductor chip shortage....

Automotive Investing News Market News Technology The Market Buzz

General Motors Second Quarter Sales Up 40% but Miss Analyst Expectations

Rebecca Urena07/01/2021

2503

General Motors’ (NYSE: GM) reported a 40% increase in second-quarter U.S. sales amid a rise in demand for its SUVs. Nevertheless, sales missed analyst expectations upon the continuous shortage...

Automotive Investing News Market News Technology The Market Buzz

Ford Predicts Second-Quarter Earnings Will ‘Surpass Expectations’

Rebecca Urena06/17/202106/17/2021

3102

Ford Motor (NYSE: F) surged 2.5% after its announcement that its adjusted pre-tax Q2 earnings would “surpass its expectations” and be much higher compared to the previous year’s numbers....

Automotive Investing News Market News Technology The Market Buzz

Chip Shortage Set to Cost Automakers $110 Billion in Revenue in 2021

Rebecca Urena05/14/2021

2451

The auto industry continues to face a shortage of semiconductor chips which is set to cost USD110 Billion in revenue within 2021, according to consulting firm AlixPartners. The estimate...

Automotive Investing News Market News Technology The Market Buzz

Ford Plummets Despite Better-than-Expected Earnings

Rebecca Urena04/29/2021

1716

Ford Motor (NYSE: F) surpassed Wall Street’s expectations for its first quarter in spite of the worldwide semiconductor chip shortage disrupting the industry. Nevertheless, the company’s stock fell 10.4%...

Automotive Investing News Market News Technology The Market Buzz

General Motors to Extend Plant Shutdowns Amid Chip Shortage

Rebecca Urena02/09/2021

2935

General Motors (NYSE: GM) announced Tuesday that it will be extending provisional shutdowns within three of its factories until mid-March as a result of the global shortage of semiconductor...

Tag: ChipShortage

Ford Sales Tumble Amid Ongoing Chip Shortage

Ford to Reduce F-150 Pickup Truck Production Amid Chip Shortage

Lordstown Motors Plummets Following Report of DOJ Investigation

Ford Sales Plunge 27% in June Amid Ongoing Chip Shortage

General Motors Second Quarter Sales Up 40% but Miss Analyst Expectations

Ford Predicts Second-Quarter Earnings Will ‘Surpass Expectations’

Chip Shortage Set to Cost Automakers $110 Billion in Revenue in 2021

Ford Plummets Despite Better-than-Expected Earnings

General Motors to Extend Plant Shutdowns Amid Chip Shortage

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