Renault delivered some excellent news to its investors, with the French automaker reporting a bigger than expected net profit of $1.0 billion (888 million euros) in 2021, as well as an operating margin of 3.6 percent. more
It appears Tesla was not immune to the supply chain issues that ravaged the global auto industry last year with the computer chip shortage forcing the world's leading electric car maker to remove one of the two electric control units that are normally equipped in the steering racks of some of its vehicles. more
Supply chain issues are wreaking havoc on Ford Motor again. On Friday, February 4, the automaker announced that it would be cutting production of several key products this week due to an ongoing shortage of semiconductor chips globally. more
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