"Everything Is Under Scrutiny": 38,000 Layoffs Across Auto Industry May Only Be The Beginning
Automakers can’t help but acknowledge the global reces.....»»
Albion Residential begins work on first Beaman site development
The first major development on a former Lee Beaman auto site is seeing movement. Chicago-based Albion Residential is beginning work on its two-tower Midtown project — here's when it's expected to open......»»
AI a job killer? In California it"s complicated
While the tech industry has been roiled by layoffs, the greater focus on AI could lead to new jobs in the future.While the tech industry has been roiled by layoffs, the greater focus on AI could lead to new jobs in the future......»»
What You Should Know About Stock Options and Severance Packages if You’ve Been Laid Off
No industry was safe from coronavirus-related layoffs in 2020. And though the end of the pandemic seems to be in sight in 2021, furt.....»»
Chip shortage continues to disrupt auto production
Car OEMs continue to see their production disrupted by the ongoing shortage of related chips and components, with some forced to suspend their output due to chip supply constraints, according to industry sources......»»
Illinois Jeep Factory Set To Lay Off 1,600 Workers Amid Global Semiconductor Shortage
Illinois Jeep Factory Set To Lay Off 1,600 Workers Amid Global Semiconductor Shortage A Jeep Cherokee factory is cutting 1,600 jobs in Northern Illinois as the auto industry continues to struggle with the global shortag.....»»
Saturday links: a lot like dating
On Saturdays we catch up with the non-finance related items that we didn’t get to earlier in the week. You can check... AutosHow the chip shortage has rippled through the auto industry. (wsj.com)USPS delivery vehicles should .....»»
The ongoing chip shortage is expected to cost the auto industry $110 billion this year, almost double analysts" estimate from January
A consulting firm projects that nearly 4 million fewer vehicles will be sold this year, up from an expected shortfall of 2.2 million. Workers build Ford F-150 trucks at one of the automaker's assembly plants.....»»
Apple locked users into its ecosystem. Tesla wants to do the same with its ‘iPhone on wheels.’
Tesla is bringing the strategies pioneered by the computer giant to the auto industry. Consumers are learning that’s not always a good thing......»»
VisitPittsburgh"s Bachar at annual meeting: "There"s no place to go but up" for region"s hospitality industry
A pandemic 2020 did hundreds of millions of dollars worth of damage to Pittsburgh's tourism and hotel industry but there are signs that business is beginning to recover......»»
Why AutoNation Stock Is Still Revving Up
AutoNation, Inc. (NYSE: AN) reported its first-quarter earnings ahead of estimates, with the auto industry recovering faster than expected from the COVID-19 pandemic impact, according to Bench.....»»
Healthcare stocks are the most shorted as sector faces increasing regulatory scrutiny, report says
Investors have increased short bets on healthcare stocks as the industry faces potentially more scrutiny from the Biden administra.....»»
Chip shortage to plague auto industry for next year: AutoNation CEO
Supply chain issues that have ravaged the auto industry over the past year likely won’t be resolved until 2022, according to AutoNation CEO Mike Jackson......»»
This Is The Best City In The U.S. To Own An Electric Car
Electric cars are coming down the road. Volvo recently announced that it will sell only electric cars beginning in 2030. In a move that will have even a greater impact on the automotive industry,........»»
What To Expect At The Shanghai Auto Show: Nio, GM, Honda, Toyota and More
The 19th Shanghai International Automobile Industry Exhibition, named Auto Shanghai 2021, starts next week at the National Exhibition and Convention Center. The event is open to the press on Monday and Tuesday, then to the public April 21-28. read more.....»»
Mercedes Q1 Sales Rise By 22% After Demand Surges From China, North America
Mercedes Q1 Sales Rise By 22% After Demand Surges From China, North America Mercedes looks like it is joining the cabal of automakers who have smashed expectations for Q1, as the auto industry po.....»»
Electric Vehicle Showdown: Tesla Vs. Nio Vs. XPeng Vs. Li Auto — How Q1 Deliveries Stacked Up
The quarterly scorecards for the electric vehicle manufacturers are in and despite industry-wide constraints and macroeconomic handicaps, performances for the month of March, as well as the first quarter, have been strong. read more.....»»
Local auto dealers discuss Covid-19 impact, current state of industry
The Covid-19 pandemic dealt a big blow to the automotive industry over the last year, but despite ongoing challenges, local car dealers are bullish on the industry seeing a rebound in 2021......»»
Jeep’s Belvidere assembly plant among 5 Stellantis facilities shut down Monday because of chip shortage
The global chip shortage slamming the auto industry will shut down Jeep’s Belvidere assembly plant and four other Stellantis facilities in the United States, Canada a.....»»
The Ratings Game: Volkswagen’s BEV sales could beat Tesla’s next year, says Deutsche Bank
By next year, the German auto maker's battery-electric vehicle sales could outpace that of industry giant Tesla, say Deutsche Bank analysts, who lifted their price target on buy-rated Volkswagen to €270 from €185 per share in a note to clients on Monday......»»
TSMC 2Q21 capacity filled by orders for 5G, HPC and auto chips
TSMC has seen its production capacity during the second quarter filled by a strong pull-in of orders for 5G, HPC and automotive electronics chips, according to industry sources......»»