Lindsay Chappell

After a couple of weeks that saw production cuts totaling fewer than 10,000 vehicles each, North American factories lost 84,000 vehicles last week because of the ongoing worldwide shortage of microchips.

North American auto plants have added just 4,000 vehicles to their tally of microchip-related production cuts.

North American auto plants appear to have stabilized their vehicle production schedules somewhat, for the moment.

Recent weeks have seen massive new cuts in vehicle production. But new data shows a leveling off.

The forecast is that the global industry will lose more than 8.5 million vehicles from its production plans before the crisis is over.

The forecast is that the global industry will lose more than 8.5 million vehicles from its production plans before the crisis is over.

Private equity firms are increasingly willing to pay higher prices if it means getting a crack at participating in the industry's historic shift to electric vehicles and autonomous driving.

Magna was willing to spend big to grab Veoneer, but Qualcomm was willing to spend bigger.

The arrival of EVs will trigger new questions among automotive companies about how they operate.

In the global supply chain scramble for missing microchips, France’s Renault has emerged as a new trouble spot.

The 2021 Automotive News PACE Award has named 31 finalists from 27 companies around the world. In addition, 23 finalists from 20 companies have been named for the PACEpilot award.

Automakers are sending a slew of critical new and redesigned models into dealer showrooms right now.

The 2020 Automotive News PACE Award winners offered innovations that ranged from lightweighting to advanced communications and better visibility. Magna Exteriors in Troy, Mich., which is a division of Magna International, was one of the winners.

Some observers warn that trying to restart the auto industry all at once will bring a list of new problems.

Toyota is midway through its five-year plan to spend US$13 billion through 2021 on revitalizing and expanding its U.S., Canadian and Mexican plants, and building new capacity. Canadian RAV4 and Lexus RX plants were retooled last year. The program still has US$5.9 billion of investment that is not yet assigned.