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Hyundai Q1 profit triples, as it adjusts production due to chip shortage

SEOUL — Hyundai Motor Co posted a first-quarter profit that nearly tripled to its highest in four years as people bought its luxury cars, but warned it would have to adjust production again in May because of a chip shortage. Unlike its rivals, the South Korean automaker staved off production halts in the first quarter, …

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Daimler cuts hours for up to 18,500 workers over chip shortage

BERLIN — Daimler will cut working hours for up to 18,500 employees and temporarily halt production at two plants in Germany due to a shortage of semiconductor chips that has hit global car production, it said on Wednesday.  “Currently, there is a worldwide supply shortage of certain semiconductor components,” a spokeswoman said. “We continue to …

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Honda confirms 19th U.S. death due to recalled Takata airbag

WASHINGTON — Honda said on Wednesday it had confirmed the 19th U.S. death tied to a ruptured Takata airbag inflator since 2009 — and the 16th in one of its vehicles. The Japanese automaker said that following a joint inspection, the company and the National Highway Traffic Safety Administration (NHTSA) confirmed that a defective Takata …

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2023 Cadillac Lyriq vs Tesla Model Y, Audi E-Tron, Jaguar I-Pace | Specs compared

The 2023 Cadillac Lyriq is the latest electric luxury crossover to enter a quickly growing segment. It brings with it the company’s trademark creased design language along with high-tech features and an impressive amount of range. The Cadillac also happens to have a price and specifications that put it square in the middle of a …

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It’s good to be the king: SVE made Henry Ford II the world’s nicest ’81 Ford Capri

One of the perks of running a carmaker is that your wishes are orders when it comes to one-off builds. Henry Ford II enjoyed this privilege during his time at Ford’s helm, and one of the cars created specifically for him to drive during his business trips to the United Kingdom is scheduled to cross …

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