U.S. new-vehicle sales rebounded slightly last year from 2020’s dismal numbers but were still about 2 million below the years …
Automakers were on track to sell a record 18 million new cars and trucks in 2021 until a global computer chip shortage gummed up assembly lines.
GlobalFoundries was established in 2008, when a branch of the government of Abu Dhabi bought AMD’s manufacturing operations in Dresden, Germany.
CarMax stock fell 10% Thursday as the company’s unit profitability eroded in the second quarter despite record sales.
The cost of the intractable semiconductor shortage has ballooned by more than 90%, pushing the total hit to $210 billion.
Maruti Suzuki India plans to build sufficient inventory that will help satisfy the growth in demand.
After reporting growth throughout 2020 as more people turned to technology, Apple to Roku is now warning the party is just about over.