Ford Posts Surprise Profit Amid Strong New-Car Market

Ford Motor Co. posted a surprise second-quarter profit and raised its earnings outlook for the year, saying it sees an easing to the computer-chip shortage that has hampered vehicle output for months. Ford said it expects to boost deliveries to dealerships globally

Tesla Poised for Record Earnings

Tesla Inc. is expected to report a record quarterly profit, largely evading the effects of a global chip shortage that has constricted the global auto industry. The Silicon Valley electric-car maker produced more than 206,000 vehicles in the second quarter, more than

Apple, Amazon, Tesla Set to Post Results

Corporate giants from Apple Inc. to Visa Inc. are expected to report their financial results over the coming week, giving investors insight into the impact from the Covid-19 pandemic, the Delta variant and increased business costs. In all, 180 members of the

Two Fixed Chevy Bolts Catch Fire Months After Vehicle Recall

A 2019 Chevrolet Bolt electric vehicle at the North American International Auto Show in Detroit in 2019. Photo: rebecca cook/Reuters Updated July 14, 2021 9:50 pm ET General Motors Co. is advising owners of its previously recalled Chevrolet Bolt electric vehicles to

Chip Shortage's Latest Toll Is a Shortage of Work Trucks

Construction contractors, home cleaners and other service-based companies are struggling to find new work vehicles, a potential bottleneck in growing their businesses as demand for their services surges amid the rebounding economy. A shortage of computer chips that are used for everything