automaker

Government, Business, Technology, Fuel

EV Shift Becomes Life-or-Death Risk for Automakers

Electric vehicle charging points in Braintree, U.K. (Chris Ratcliffe/Bloomberg News) Chris Ratcliffe/Bloomberg News

The shift to electric vehicles won’t happen like the flip of a light switch.

Keith Naughton | Bloomberg News
April 8, 2021
Business, Technology, Logistics

Automotive Chipmaker Renesas Says Fire Halts Production

Gloved hands hold a semiconductor. (Ivan-balvan/Getty Images) Gloved hands hold a semiconductor. (Ivan-balvan/Getty Images)

Renesas Electronics Corp., one of the biggest makers of automotive chips, said a fire halted production at one of its Japanese plants. The incident may exacerbate a shortage of semiconductors that has already curbed vehicle output across the industry.

Ian King | Bloomberg News
March 19, 2021
Government, Business, Technology, Logistics

Biden Team Pledges Aggressive Steps to Address Chip Shortage

President Joe Biden speaks in the State Dining Room of the White House on Feb. 5. (Stefani Reynolds/Bloomberg News) President Joe Biden speaks in the State Dining Room of the White House on Feb. 5. (Stefani Reynolds/Bloomberg News)

The Biden administration is working to address the global semiconductor shortage that has caused auto manufacturers and other U.S. industries to halt production, a White House official said.

Jenny Leonard | Bloomberg News
February 11, 2021
Business, Technology, Fuel

EV Mania Propels Record Legacy Automaker Gains in 2021

A GM Chevrolet Bolt electric vehicle charges outside the company's headquarters in Detroit. A GM Chevrolet Bolt electric vehicle charges outside the company's headquarters in Detroit. (Jeff Kowalsky/Bloomberg News)

Investors are rewarding U.S. automakers as they embrace electric vehicles to boost growth amid a burgeoning demand for environment-friendly cars.

Esha Dey | Bloomberg News
January 21, 2021
Government, Business, Technology, Logistics

US Automakers Plead for Government Help in Growing Chip Crisis

Employees work as Ford Expedition SUVs sit on an assembly line in Louisville, Ky. Employees work as Ford Expedition SUVs sit on an assembly line in Louisville, Ky. (Luke Sharrett/Bloomberg News)

American automakers are asking the U.S. government to help solve a debilitating shortage of computer chips that is closing auto factories worldwide and could restrict production until the fall.

Keith Naughton | Bloomberg News
January 19, 2021
Business, Technology, Logistics

Chips Shortage Hits Global Automakers

A circuit board is inspected under a magnifying lens inside Continental AG's factory in Germany. A circuit board is inspected under a magnifying lens inside Continental AG's factory in Germany. (Krisztian Bocsi/Bloomberg News)

A semiconductor shortage is pinching some of the world’s biggest auto manufacturers, costing Daimler AG, Nissan Motor Co., Honda Motor Co., Ford Motor Co. and Fiat Chrysler Automobiles NV production for a range of cars.

January 8, 2021
Business

Pricier Vehicles Seen Driving Rebound in US Auto Market

A line of Alfa Romeo Stelvio vehicles sit at the Port of Marseille in France. (Bloomberg News) A line of Alfa Romeo Stelvio vehicles sit at the Port of Marseille in France. (Balint Porneczi/Bloomberg News)

Demand for higher-priced vehicles from retail buyers at the end of 2020 helped lift U.S. auto sales out of a springtime slump and buffered the impact of a sharp drop in fleet sales to rental car companies.

Chester Dawson | Bloomberg News
January 4, 2021
Business

PSA, Fiat to Seal Merger After Winning Shareholder Approval

Fiat Chrysler Automobiles and PSA Group will combine to form a new company called Stellantis. Fiat Chrysler Automobiles and PSA Group will combine to form a new company called Stellantis. (Christopher Pike/Bloomberg News)

Fiat Chrysler Automobiles NV and PSA Group will complete their combination later this month after shareholders signed off on a deal that endured two years of drama.

January 4, 2021
Business, Technology, Autonomous

Toyota’s Driverless Shuttles Could Double as ‘Roving Offices’

A Toyota e-Palette concept vehicle. (Toru Hanai/Bloomberg News) A Toyota e-Palette concept vehicle. (Toru Hanai/Bloomberg News)

Toyota Motor Corp. is aiming to commercialize an autonomous shipping-container-like vehicle within a few years that it says could double as a mobile store or roving office.

River Davis | Bloomberg News
December 22, 2020
Government, Business, Technology, Fuel

Biden Win Is Pressuring Carmakers to Unite on Tailpipe Rules

Traffic moves along Highway 101 in San Francisco, Calif., on Nov. 25. (David Paul Morris/Bloomberg News) Traffic moves along Highway 101 in San Francisco, Calif., on Nov. 25. (David Paul Morris/Bloomberg News)

Carmakers that signed up for President Donald Trump’s battle with California over auto emissions are now being pressured to join a peace plan brought on by the election of Joe Biden.

Keith Laing | Bloomberg News
December 2, 2020

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