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Shell Starship 2.0 Split Into Two Cross-Country Treks

Shell Lubricants is planning to hold two separate cross-country trips to showcase fuel-efficient truck technologies, the company announced May 10.

May 11, 2021

House Democrats Support Electric Vehicle Policies, Rep. Pallone Says

House Democrats are aiming to advance legislation pertaining to electric vehicles as the White House and congressional leaders debate infrastructure policy measures this year.

May 6, 2021

VW Raises Full-Year Outlook, Warns of Growing Chip Shortage

Volkswagen AG raised its earnings outlook after a strong start to the year, while cautioning that the semiconductor shortage rippling through the industry will become more pronounced in the second quarter.

May 6, 2021

VTNA Makes Lytx Video Telematics an Option

Volvo Trucks North America announced onboard technology from Lytx is available on all model-year 2022 or newer Volvo trucks as a factory-installed option.

May 5, 2021

Grote Appoints Brian Blanton Chief Financial Officer

Grote Industries announced Brian Blanton has joined the company as chief financial officer.

May 5, 2021

Electric Car Startup Lucid Hires Waymo Veteran as Finance Chief

Lucid Motors Inc., the Saudi Arabia-backed electric vehicle maker going public via a reverse merger, has hired a former executive of Alphabet Inc.’s Waymo as chief financial officer.

May 5, 2021

Stellantis CFO: Chip Shortage Impact Remains ‘Controlled’

MILAN — The Stellantis automotive company created out of the merger of Fiat Chrysler Automobiles and PSA Peugeot reported May 5 a 14% increase in first-quarter revenues, despite a drop in production due to the semiconductor shortage.

May 5, 2021

GM Profit Surges on Sales of Higher-Margin Pickups

DETROIT — General Motors’ first-quarter net income surged to $2.98 billion as strong U.S. consumer demand and higher prices offset production cuts brought on by a global shortage of computer chips.

May 5, 2021

Raimondo Calls for Surge in Chip Production

Commerce Secretary Gina Raimondo called for a major increase in U.S. production capacity for computer chips whose current shortages are causing global manufacturing bottlenecks, saying the push could create jobs and wean the nation off over-dependence on China and Taiwan.

May 4, 2021