DETROIT — Ford Motor Co on Wednesday outlined another series of plant shutdowns due to the global semiconductor chip shortage, with five facilities in the United States and one in Turkey affected. The No. 2 U.S. automaker did not outline how many vehicles would be...
Billionaire Elon Musk’s SpaceX has raised about $1.16 billion in equity financing over the last two months, the private rocket company said in an amended regulatory filing on Wednesday. The filing comes after SpaceX, whose investors include Alphabet Inc and...
United Airlines said on Tuesday it has partnered with global firms including Nike and Siemens in an “Eco-Skies Alliance” to finance use this year of about 3.4 million gallons of low-carbon, sustainable aviation fuel derived from trash. Though tiny compared...
Hyundai is celebrating the launch of its new Busan, Korea, studio with a little walk down memory lane in the form of an exhibition showcasing the company’s design heritage. This all-electric restomod 1975 Pony, which was shared on Instagram by its designer, is...
WASHINGTON — Senior White House officials will meet on Monday with top executives from nearly 20 major companies to discuss a global semiconductor shortage that has roiled the automotive industry and technology firms. The White House meeting is billed as the...
