Elon Musk
is betting that he can turn
Tesla Inc.
TSLA 0.36%
into one of the world’s largest car makers while selling just a handful of models, challenging a…
General Motors Co.
GM 2.59%
confirmed plans for a multibillion-dollar investment to produce electric pickup trucks in Michigan, giving the Great Lakes region a boost as competition…
The Japanese auto maker, which for decades has worked to expand its presence in the U.S., outsold GM by roughly 114,000 vehicles in 2021. Toyota’s total U.S. sales of 2.3 million rose about 10% compared with 2020, the company said Tuesday.…
The rapid spread of Covid-19’s Omicron variant is weighing on U.S. businesses, keeping more workers home sick and leading some companies to cut services and reduce hours.The rise of U.S. Covid-19 infections to record levels in recent days…
The world’s largest contract chip maker is raising prices by as much as 20%, according to people familiar with the matter, a move that could result in consumers paying more for electronics.
Taiwan Semiconductor…
TOKYO—The global semiconductor shortage has finally started to bite at Toyota Motor Corp., highlighting how a resurgence in Covid-19 infections from the Delta variant is now stifling chip manufacturing in Southeast Asia,…
Lyft Inc. achieved a measure of profitability a quarter earlier than expected, marking a surprising comeback after the pandemic initially crushed demand for its ride-share service and later left it dealing with driver shortages.…
Ford Motor Co. said the computer-chip shortage will force it to cut output across more than a half-dozen U.S. factories in July, a sign that the supply-chain troubles could take longer to ease than auto-industry executives…