Media mogul Byron Allen said his demand that McDonald’s fire its CEO, “speaks to every corporation … especially the car companies in Detroit.”
Author: Jamie L. LaReau, Detroit Free Press
Some new-car buyers are paying more than sticker price: Pickups, SUV shortage causes ripple effect
Car buyers beware: Discounts are nearly non-existent and more dealers are tacking on a surcharge above sticker price given the shortage of inventory.
Looking to buy a new car? You could be paying $20k or more above sticker price
Car buyers beware: Discounts are nearly non-existent and more dealers are tacking on a surcharge above sticker given the shortage of inventory.
Amid a computer chip and car parts shortage, GM third-quarter profits plummet 40%
Chip shortage continues to hurt bottom line for General Motors.
Which is more expensive: Charging an electric vehicle or fueling a car with gas?
EVs cost more to power than gasoline costs to fuel an internal combustion car with reasonable gas mileage, according to an Anderson Economic Group report.
GM to double revenues and increase capacity for EV assembly at factories
The GM CEO said much of that revenue growth will come from new EVs, start-up BrightDrop electric delivery trucks, OnStar insurance and new software.
GM’s Barra looks to partner with chip makers in order to end shortage
The global chip shortage forced GM to look beyond the short-term”fix of getting enough for the next week in favor of more permanent solutions.
Chip shortage makes car dealers reluctant to sell cars at employee discount rate
The low new-car inventory levels are causing some dealers to change how or if they honor popular discount plans such as employee and supplier pricing.
New forecast says chip shortage to cost the car industry $210 billion
The report released Thursday by consulting firm AlixPartners forecasts that automakers will lose production of 7.7 million vehicles this year.
‘It’s unnerving’: Chevy Bolt owners want buybacks after 141,000 vehicles recalled for fire risk
Unnerved and upset Bolt owners seek buybacks from GM after the automaker issued a recall on 2017-22 model year EVs and EUVs for fire risk.