The latest numbers on the microchip shortage: Europe hit hardest
Tens of thousands of vehicles continue to be cut each week because of the semiconductor shortage, even as microchip capacity improves.
Survey: Most dealerships have no EVs and some don't want any
Two-thirds of dealerships said they didn’t have any EVs in stock. Of those stores, 45 percent said they wouldn’t sell EVs even if they could get some.
Luminar CEO Austin Russell acquires majority stake in Forbes magazine
Russell, the 28-year-old CEO of Luminar Technologies, plans to serve as a visionary for the Forbes brand and won’t be involved in day-to-day operations.
Ford dealer gives $5,000 scholarship to every applicant
“If I can help people, it’s my responsibility to do that,” said Bazzy, who didn’t attend college after graduating from high school outside Pittsburgh in the 1970s.
GM's VP hire from Apple another step for software development
Bringing in outside tech talent makes sense for GM, which is focused on building consumer-facing technology that is appealing and easy to use, an analyst said.