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Volkswagen says will suspend some production in Mexico due to gas shortage
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Bill Ford | Benzinga
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
For the love of Ford: Carroll Shelby, the muscle behind US muscle cars
Man and machine: Carroll Shelby’s AC Cobra with Ford V8 power helped define the muscle car of the future.
It was a match made in automotive heaven and it was to birth and inspire both a new and subsequent generations of the American ‘muscle car’ as we have come to know and love them.
Internationally credited as “a man whose vision of performance transformed the automobile industry”, race car driver and car manufacturer Carroll Shelby created the best known US sports cars of the 1960s, the AC Cobra and the Shelby Mustang.
Strong US demand for trucks and sports utility vehicles (SUV) boosted General Motors Co’s (GM) fourth-quarter profits and the company on Wednesday projected higher earnings despite up to a US$2 billion hit from the global semiconductor shortage.
The results capped a rollercoaster year for GM and other US automakers that were forced to shut down plants last spring due to the coronavirus pandemic, resulting in a massive hit to second-quarter sales.
However, GM saw a surprisingly hot market in the second half of the year.
Carmakers now are dealing with another unexpected problem in the wake of COVID-19: a global shortage of semiconductor
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