Chip shortage dents earnings at GM and Ford
NEW YORK (NYTIMES) – Two big Detroit automakers said on Wednesday (Oct 27) that the worldwide shortage of computer chips had weighed on their third-quarter earnings, but there were signs […]
Ford, SK to invest $15.4 billion, create 11,000 jobs in big electric vehicle push
DETROIT (REUTERS) – Ford Motor and its South Korean battery partner SK Innovation will invest US$11.4 billion (S$15.4 billion) to build an electric F-150 assembly plant, and three battery plants […]
Ford says Q2 car output will fall 50% on chip shortage
NEW YORK (REUTERS) – Ford estimated on Wednesday (April 28) that the global semiconductor shortage will cut second-quarter auto production in half, and warned the supply crunch “will get worse […]
Mazda: Production Facility in Thailand, AutoAlliance (Thailand), Celebrates its 25th Anniversary
HIROSHIMA, Japan, Nov 27, 2020 – (JCN Newswire) – Alliance (Thailand) Co. Ltd. (AAT), a joint venture production facility of Mazda Motor Corporation and Ford Motor Company in Thailand, this […]