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Semiconductor supplies will not normalize worldwide until 2024, by which time there will still be a structural undersupply, VW Group CFO Arno Antlitz said.

Twitter’s shares slid after Elon Musk decided not to join its board, a twist to a week-long saga that’s touched off renewed speculation about the company’s future.

Thomas Mueller, who led advanced driver assistance systems and autonomous driving VW’s Cariad software division, takes on a broader role at Jaguar Land Rover. 

A new study warns suppliers of combustion engine vehicle parts to realign their businesses, simplify their supply bases and pursue mergers or acquisition to thrive as EV sales grow.

The New York auto show will dedicate 250,000 square feet of floor space to electric vehicles, including an indoor test track.