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Ford to idle Mustang production for a week due to microchip shortage

Ford Motor Co. on Thursday said it would halt production at its Flat Rock Assembly Plant in suburban Detroit next week, where it builds the Mustang, due to a global semiconductor shortage. The auto industry is grappling with a global chip shortage triggered by the COVID-19 pandemic that has forced companies to cut production, although

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This time it might be real: Why this fuel price surge may hasten the end of low mpg vehicles

The last time U.S. gas prices surged above $4 per gallon, in 2008, some pundits wrote the obituary for vehicles with low fuel economy. Turns out, the death announcement was premature. In recovering from the 2008 financial crisis, consumers displayed a strong desire for even bigger vehicles, resulting in steadily increasing SUV, crossover and pickup

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Biden to invoke Cold War powers to boost EV battery materials, report says

President Joe Biden is poised to invoke as soon as this week Cold War powers to encourage domestic production of critical minerals for electric-vehicle and other types of batteries, according to people familiar with the matter. The White House is discussing adding battery materials to the list of items covered by the 1950 Defense Production

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