Ford Motor Company announced new plant closures. The Big Three all believe the next three months will be the most expensive part of the shortage.

The coronavirus pandemic helped cause the automotive semiconductor shortage. The scarcity is lasting as long as the pandemic has and is almost as expensive.

GM CEO Mary Barra made it clear it’s a new day for a new way of driving.

Taiwan Semiconductor Manufacturing Co., the world’s biggest contract producer of processor chips, says its revenue rose 16.7% in the latest quarter over a year earlier as the global economy rebounded from the coronavirus pandemic and demand surged.

DETROIT – General Motors is extending shutdowns at plants in Kansas, Canada and Mexico due to a semiconductor shortage. “GM has not taken downtime or reduced shifts at any of its truck plants due to the shortage. GM had to shut down its Fairfax, Kansas plant that builds the Cadillac XT4 and the Chevy Malibu. AdWhat caused the semiconductor shortage? Industry officials said semiconductor companies diverted production to consumer electronics during the worst of the COVID-19 slowdown in auto sales last spring.