DETROIT - GM says it will have its own family of microchips locked in by 2025, a move that is expected to offset future chip-related production delays. In a recent interview with Associated Press, GM CEO Mary Barra said that GM is moving toward three families of microchips that the automaker will buy and control directly. This is
DETROIT - Come their Feb. 25 paychecks, approximately 42,500 U.S. hourly workers at General Motors Co. will receive up to $10,250 in profit-sharing based on the Detroit automaker's strong 2021 financial results, the company announced Tuesday. But workers at one plant that was idled for long stretches last year because of semiconductor chip shortages may not
DEARBORN - Ford and chip manufacturer GlobalFoundries on Thursday said they plan to work together to boost supplies for the automaker's vehicles and the broader US auto industry but gave few details about what the deal entails. The two companies announced a non-binding agreement that could involve increasing production capacity for Ford's current lineup and performing joint research and
DETROIT -When it comes to the electronic circuits that power our everyday lives, the automobile is simultaneously the world’s most expensive consumer good and the one that runs on the cheapest possible semiconductor chips. Moore’s law of ever-increasing miniaturization seemingly never reached the automotive industry. Dozens of chips found in everything from electronic brake systems
ANN ARBOR - Auto Trader's Michelle Krebs updates the auto chip shortage that has bedeviled deliveries as well as other auto trends, including how the pandemic has forced dealerships to become much more Internet and Social Media savvy. https://youtu.be/0LqD66qsmV0
