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New Auto Sales Slightly Up, Still Behind Pre-Pandemic Numbers

New data reveals that new auto sales in 2020 rose slightly, when compared to 2020’s new auto sales. However, sales are still about two...

Ford F-150 Electric Car Production Sky Rockets

Ford Automotive has announced it is going to double the production of its popular F-150 model in 2022 and 2023. Their new F-150 model...

Car Production Slows Due to Microchip Shortages

With the automotive industry facing a crisis due to microchip shortages, production of new cars has slowed to a halt in recent months, causing...

Is Buying a Car Online Better Than Going to the Dealership?

It's never been easier to buy a car with the plethora of online car-buying options available today, but should you buy online or go...

Employers’ Use of Robots Surged in 2021

Businesses in the United States have recently added robots to their workplace in 2021 at a record pace, according to the industry group the...

Factory Production Hampered by Supply Constraints and Hurricane Ida

New data reveals that factory production across most industries in the United States slowed in August, possibly for many reasons. Hurricane Ida forced many...

Ford Announces Week Long Closure of Kansas City Plant

In yet another sign that the global semiconductor chip shortage will continue to affect automakers all over the world, Ford recently announced that they...

Automakers Post Record Quarterly Earnings Amid Chip Shortage

Toyota and Honda, two of the biggest automakers worldwide, recently revealed record quarterly earnings, even amid the global chip shortage. However, because of recent...

Inventories Rose in May For Most; Auto Inventories Decreased

Overall U.S. business inventories increased, for the most part, in May. However, auto inventories did end up decreasing. The nation is still dealing with...

Ford To Shut Down Some Factories Amid Chip Shortage

Ford Motor Company recently announced that it would shut down some of their factories amid the global chip shortage that has caused many problems...

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