Ford

VW, Ford, Daimler fear chip shortage could persist for some time

Technicians work in the assembly line of German carmaker Volkswagen’s electric ID. 3 car in Dresden, Germany, June 8, 2021.

Matthias Rietschel | Reuters

Car manufacturers including Ford, Volkswagen and Daimler are still struggling to deal with the impact of the global chip shortage, with executives from each of the companies warning a lack of silicon is likely to remain a problem.

Volkswagen CEO Herbert Diess, Daimler CEO Ola Kallenius and Ford Europe chairman of the management board Gunnar Herrmann told CNBC’s Annette Weisbach at the Munich Motor Show on Monday that it’s hard to tell when the complex issue will be resolved.

Germany’s Volkswagen, Europe’s largest carmaker, has lost market share in China as a result of the chip shortage, Diess said.

“We are relatively weak because of semiconductor shortages,” he said. “We are hit more in China than the rest of the world. That’s why we are

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The Only Road Legal GT40 Stunt Car From “Ford V Ferrari” Is for Sale

Ford V Ferrari was a cinematic blockbuster that set out to tell the abridged tale of how an American car company took the fight to Ferrari in Europe, and came out the victor. Featuring big names like Matt Damon and Christian Bale, the automotive star of the show is the Ford GT40, the racecar that took Ford to four Le Mans victories in the 1960s. Obviously, the production needed a few stunt cars to shoot the film, and now, one of those very replica GT40s will be sold at the upcoming Mecum Auctions in Dallas this September.



a car parked in a parking lot: Ford V Ferrari was a cinematic blockbuster that set out to tell the abridged tale of how an American car company took the fight to Ferrari in Europe, and came out the victor. Featuring big names like Matt Damon and Christian Bale, the automotive star of the show is the Ford GT40, the racecar that […]


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Ford V Ferrari was a cinematic blockbuster that set out to tell the abridged tale of how an American car company took the fight to Ferrari in Europe, and came out the victor. Featuring big names like Matt Damon and Christian Bale, the automotive star of the

Read More

Ford to Provide Autonomous Cars for Lyft Network

Ford Motor  (F) – Get Report and its majority-owned autonomous driving unit, Argo AI, on Wednesday unveiled a partnership with ride-hailing company Lyft  (LYFT) – Get Report to provide autonomous-car rides on the Lyft platform.

The Dearborn, Mich., carmaker’s stock at last check rose 1.2% to $14.08. Ford shares rose 28% in the six months through Tuesday, thanks to a rebound in performance.

The San Francisco ride-hailing company recently traded at $53, little changed. It gained 8% in the six months through Tuesday but has slid 10% in the past month.

In the partnership, “Argo AI and Ford will deploy Ford self-driving cars, with safety drivers, on the Lyft network, as part of a network access agreement,” the companies said. Passenger rides will begin in Miami later this year and in Austin starting in 2022.

“As vehicles are deployed, Lyft users within the defined service

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Is Nothing Sacred? Everrati’s Electric Ford GT40 Replica Lacks Soul

I recently received a disturbing press release announcing the production of an all-electric Superformance GT40 replica built by British electric car builder Everrati Automotive. Right off the bat here, I must admit my bias against electric cars. I suppose they have their place as commuter vehicles, but I have a tough time being excited about them as performance cars.



a car parked on the side of a road: 001-superformance-gt40-everrati-automotive-electric-sports-car-ford-replica


© Hot Rod Network Staff
001-superformance-gt40-everrati-automotive-electric-sports-car-ford-replica

Yes, the electric Cobra Jet Mustang is quick, Don Garlits’ electric dragster set a record a couple years ago, and Tesla’s new Model S Plaid something-or-other out-accelerated all of the supercars MotorTrend routinely tests, but to me, they have all the engagement of a golf cart.

Related:Electric Mustang Cobra Jet 1400 Runs 8.12 at 171 MPH

That’s just my opinion, of course, and I’m well aware that I may find myself drowning in the looming tidal wave of electrification that seems poised to

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