Stellantis CEO Carlos Tavares says the shortage will easily drag into 2022. He doesn’t see enough signs that chip makers in Asia are increasing semiconductor production that will come to the west.
The shortage has forced most automakers to halt production at times, creating shortages and driving up demand and prices.
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AMAZON TO ALLOW EMPLOYEES TO WORK REMOTELY INDEFINITELY
Amazon said it will allow many tech and corporate workers to continue working remotely indefinitely, as long as they can commute to the office when necessary.
DELTA POSTS $1.2 BILLION Q3 PROFIT, TOUTS HOLIDAY BOOKINGS
Delta Air Lines posted a $1.2 billion profit for the third quarter, helped by the latest installment of federal pandemic aid for the airline industry, but warned that rising fuel prices will lead to a “modest” loss in the fourth quarter.
The iPhone 13’s leaps forward for photo & video
OFFSHORE WIND SUPPLY CHAIN WORTH $109B OVER 10 YEARS
A group studying the economics of offshore wind energy in the U.S. says building and operating the nascent industry will be worth $109 billion to businesses in its supply chain over the next 10 years.
BIG PICTURE, BIG DATA: SWISS UNVEIL VR SOFTWARE OF UNIVERSE
The final frontier has rarely seemed closer than this — at least virtually.
CALIFORNIA EXTENDS TAX ON PHONES TO FUND HIGH-SPEED INTERNET
Californians could have higher cellphone bills after Gov. Gavin Newsom signed two laws aimed at giving the state more money to build high-speed internet connections in unserved areas.
FACEBOOK UNVEILS NEW CONTROLS FOR KIDS USING ITS PLATFORMS
Facebook, in the aftermath of damning testimony that its platforms harm children, will be introducing several features including prompting teens to take a break using its photo-sharing app Instagram, and “nudging” teens if they are repeatedly looking at the same content that’s not conducive to their well-being.
WHITE HOUSE PROPOSES TECH ‘BILL OF RIGHTS' TO LIMIT AI HARMS
Top science advisers to President Joe Biden are calling for a new “bill of rights” to guard against powerful new artificial intelligence technology.
GM REACHES DEAL WITH LG TO PAY FOR BOLT BATTERY RECALL COSTS
LG Electronics has reached a deal with General Motors to pay $1.9 billion to $2 billion to reimburse the automaker for the cost of recalling Chevrolet Bolt electric vehicles due to the risk of battery fires.
YOUR MONEY: SAVE FOR HOLIDAYS NOW, SKIP REGRET LATER
Factoring holiday expenses into your budget all year long is effective for avoiding debt, but it’s not always feasible with a limited budget or unforeseen expenses.
2022 WAGONEER & GRAND WAGONEER
Deeply rooted in heritage, the nameplate returns as a premium extension of the Jeep brand
STELLANTIS, FOXCONN TEAM UP TO MAKE CARS MORE CONNECTED
Carmaker Stellantis and Taiwan’s Foxconn announced plans to develop a jointly operated automotive supplier focusing on technology to make vehicles more connected, including artificial intelligence-based applications and 5-G communications.
ELECTRIC CHEVY PICKUP TO GET ESTIMATED 400 MILES PER CHARGE
An electric version of the Chevrolet Silverado pickup truck will get an estimated 400 miles of range per charge, General Motors says.
BROTHERS AT ARMS
THE STARKLY DIFFERENT CITROEN C5 AIRCROSS AND JEEP COMPASS NOW HAVE THE SAME MASTERS, AND COMPETE FOR THE SAME BUYERS’ ATTENTION
2022 GRAND CHEROKEE SNEAKS IN AS PHEV MODEL
JEEP’S NEW GRAND CHEROKEE WAGON ISN’T EXPECTED IN AUSTRALIA UNTIL THE FIRST HALF OF NEXT YEAR, BUT IT MADE AN APPEARANCE AT A RECENT EV PRESENTATION.
CITROEN C5 AIRCROSS
Our love for cars isn’t a secret anymore and more and more car manufacturers across the world are taking notice. Sure, it’s a challenging market but it is also a welcoming one. If you watched the trend, we Indians aren’t just opening our gates to new car manufacturers; we are laying down a big red carpet for anyone who comes our way.