Car buyers beware: Discounts are nearly non-existent and more dealers are tacking on a surcharge above sticker given the shortage of inventory.
Author: Jamie L. LaReau, Detroit Free Press
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
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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.
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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.
General Motors to temporarily halt production of nearly all US plants due to pandemic-related chip shortage overseas
General Motors will idle plants starting Monday for two weeks due to COVID-19 affecting the production of semiconductor chips
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