TSMC reported its quarterly earnings, including record sales and an 11% increase in revenue.
Elon Musk has admitted developing autonomous cars is harder than he thought, as the timeline for the latest software update slips again.
Despite constrained inventory and a global semiconductor shortage, GM sold 40% more vehicles in its second quarter.
The semiconductor shortage continues to take a toll, with Subaru announcing it is temporarily shutting down plants in Japan in July.
Volvo is working with Swedish steel maker SSAB in an effort to move to fossil-free steel for automotive production.
Volkswagen has disclosed a data breach with one of its vendors, impacting some 3.3 million North American customers and prospective buyers.
General Motors has made its OnStar Guardian software available for non-GM vehicles.
Nissan, Suzuki and Mitsubishi the Latest Automakers Impacted by Semiconductor Shortage
Tesla is currently “under review” by California’s DMV to determine if the company’s Full Self-Driving (FSD) technology claims were misleading.
Tesla has raised prices on some of its electric vehicles, thanks to a global semiconductor shortage.