Ford, GM Seek Greater Supply Chain Control with Chip Deals

U.S. automakers are aiming to combat the global chip shortage by pursuing more decisive roles in their semiconductor supply chains. Ford CEO Jim Farley announced a relationship with GlobalFoundries that heralds Ford’s entre to chipmaking, describing the deal as “just the beginning, and a key part of our plan to vertically integrate key technologies and capabilities that will differentiate Ford far into the future.” GM president Mark Reuss emphasized North American manufacturing in unveiling seven companies with which his company will be working on the design and delivery of new processors. Continue reading Ford, GM Seek Greater Supply Chain Control with Chip Deals

General Motors Promises an All-Electric Future for its Vehicles

While autonomous and connected vehicles have been getting much of the press attention this year, there has also been a push toward electric cars. General Motors recently announced that it is ending its gas and diesel efforts to focus on an all-electric, zero-emissions future. The American automotive icon plans to roll out two new fully electric vehicles in 2017 and at least 18 more electric models by 2023. GM is not alone in this pursuit. Aston Martin, Jaguar Land Rover and Volvo are among the auto manufacturers that have made similar announcements in recent months to eventually phase out gas- and diesel-powered vehicles. GM, which sold 10 million vehicles in 2016, is one of the world’s largest automakers.

Continue reading General Motors Promises an All-Electric Future for its Vehicles