Toyota will cut global output by 40% in Sept. on chip shortage
The sweeping shutdowns, which begin in August and run through the end of September, will hammer Toyota output in every major market — Japan, the U.S., Europe, China and Asia.
Genesis pulls cover on GV60 EV crossover
The GV60 is the first Genesis vehicle based on a dedicated EV platform from Hyundai Motor Group
Chicago-area mechanics' strike hits 3rd week as 2 sides talk trade-offs
Both sides drew up contract proposals on Friday, according to an NCDC spokesman. Neither passed.
Ford will halt F-150 plant for a week over chip shortage
The one-week shutdown will begin Monday, the automaker said, adding it will also cut a shift on Saturday.
Tesla's latest application for a Connecticut service center gets key approval
The automaker dropped an initial plan to also set up a showroom in the state after facing opposition.