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TOKYO — Mazda Motor Corp. said on Friday it would ask its parts suppliers to increase stockpiles in Japan and produce components outside China after COVID-19 lockdowns in Shanghai destabilized supply lines and hampered production. The request from the Hiroshima-based automaker underscores the vulnerability of sprawling supply chains that have been tested by the pandemic

Chinese telecommunications giant Huawei released figures Friday that showed its first quarterly increase in revenue since 2020. Pictured here on July 8, 2022, is a Huawei flagship store in Shenzhen, Guangdong province of China. Jade Gao | Afp | Getty Images BEIJING — Chinese telecommunications giant Huawei released figures Friday that showed its first quarterly

The bipartisan CHIPS and Science Act that President Joe Biden signed into law this week gives automakers hope that the semiconductor industry will now be able to keep up with surging auto industry demand. The law provides about $52 billion in subsidies for semiconductor research, design and production in the U.S., including $2 billion set

In this article RIVN RIVN Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California.  Justin Sullivan | Getty Images Electric vehicle maker Rivian Automotive maintained its full-year guidance for deliveries Thursday and reported second-quarter revenue that was higher than Wall Street

7:25 AM ET Alyssa RoenigkESPN Close Alyssa Roenigk is a senior writer for ESPN whose assignments have taken her to six continents and caused her to commit countless acts of recklessness. (Follow @alyroe on Twitter). LORETTA LYNN LOOKED at the land and saw a home. In 1966, the country music star and her husband, Mooney,

Rivian Automotive is facing scrutiny over its operating costs, capital expenditures and cash burn as part of second-quarter earnings after the market close Thursday, as the EV maker boosts production at its Illinois factory and plans for a second plant in Georgia. Irvine, Calif.-based Rivian increased vehicle deliveries in the second quarter to 4,467, from

In this article F Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters WAYNE, Mich. – Ford Motor CEO Jim Farley does not expect the costs of raw materials for the company’s electric vehicles to ease in the near future, marking the

11:28 AM ET Hazel Southwell Jamie Chadwick is well on her way to winning her third W Series championship in 2022. Clive Rose/Getty Images Sometimes, in the cutthroat world of junior series driving, careers putter out long before they should. That’s especially for women, who often work with lower budgets and fewer opportunities than men in

Lana Payne has been elected as the new national president of Unifor, taking over the role five months after longtime leader Jerry Dias abruptly retired as head of Canada’s largest private sector union. About 1,000 Unifor delegates, voting on behalf of locals across Canada, cast ballots at the union’s constitutional convention in Toronto Wednesday. Payne,

Fluxfactory | E+ | Getty Images Travelers saw prices fall for big-ticket pieces of their vacation budgets in July, offering at least a temporary reprieve after soaring costs earlier this year. Airfares fell nearly 8% from June to July, while prices for rental cars and lodging like hotels declined 9.5% and about 3%, respectively, according

10:37 AM ET Lewis Hamilton has said that he could continue to race beyond 2023 and has added that he is “still on the mission” in Formula One. Hamilton’s contract with Mercedes expires next year and the 37-year-old sits sixth in the championship standings after a challenging season, 112 points behind leader Max Verstappen. 1

Fast-growing Ciocca Dealerships bolstered its presence in New Jersey and added several new brands to its portfolio with its Monday purchase of Flemington Car & Truck Country, founded by the late Steve Kalafer. Ciocca Dealerships, which has been a buyer of stores multiple times in 2022, bought six dealerships from Steve Kalafer’s sons Josh and

In this article NKLA Mark Russell, chief executive officer of Nikola Corp., left, during a media briefing at the unveiling of the Iveco-Nikola electric truck plant in Ulm, Germany, on Wednesday, Sept. 15, 2021. Andreas Grebert | Bloomberg | Getty Images Nikola CEO Mark Russell will retire at the end of the year, the company

4:33 PM ET Associated Press The strange motorsports silly season has knocked IndyCar driver Felix Rosenqvist into limbo, with the Swede now desperately trying to hold onto his current seat and avoid being shipped to McLaren Racing’s new Formula E team. McLaren and Rosenqvist said in June they’d agreed to a deal in which Rosenqvist

Ford F-150 Lightning trucks manufactured at the Rouge Electric Vehicle Center in Dearborn Michigan. Courtesy: Ford Motor Co. DETROIT – Ford Motor on Tuesday said it is increasing the starting prices of its electric F-150 Lightning pickup due to “significant material cost increases and other factors.” The Detroit automaker said the price increases – between

Online used-vehicle retailer Shift Technologies Inc. said Tuesday it plans to combine with CarLotz, a used-vehicle consignment company, in a stock-for-stock merger. The companies cited “complementary geographies” as a reason for the planned merger. CarLotz aims to use Shift’s proprietary inventory acquisition software and at-home delivery offering to help obtain “differentiated inventory” and to expand

WASHINGTON – The heads of chipmakers GlobalFoundries and Applied Materials and carmakers Ford Motor and General Motors were to meet at a closed-door summit with U.S. government officials on Monday to discuss administration plans to invest in semiconductors. On Tuesday, President Joe Biden will sign legislation to subsidize the U.S. semiconductor industry and boost efforts

Vroom Inc. said Monday it cut employment by 337 positions and sold far fewer vehicles in the second quarter as part of the business realignment strategy it announced in May, which is partially aimed at reducing its expenses. The online used-vehicle retailer also said it closed offices in New York City and Detroit and shuttered