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Ford posts profit, says chip shortage to slash Q2 output by 50%

Ford Motor Co on Wednesday said it expects a global semiconductor shortage could ease this summer but may not be fully resolved until 2022, as the automaker reported a strong first-quarter profit but said the shortage may slash second-quarter production by half.

United Auto Workers presses GM, Ford on unionizing battery plants

United Auto Workers President Rory Gamble told Reuters the union is in talks with General Motors about representing workers at joint venture battery plants, and voiced opposition to proposals for Washington to impose a firm deadline to end use of gasoline- and diesel-powered vehicles.

Intel sees prolonged chip-supply constraints

Intel Corp. ’s new chief executive said a global chip-supply shortage could stretch two more years as the U.S. semiconductor giant posted weaker quarterly earnings.

Edmunds: 5 smart ways to use your tax return on a car

Tax season will be coming to a close later than usual this year, due to the May 17 extended deadline. Until that time, you might hear advertisements from car dealerships urging you to bring in your refund or pandemic stimulus check to buy a new car.