After taking $20 from his employer to go on a date with plans to repay it the next day, an auto mechanic falls into increasingly disastrous circumstances for more and more money, which rapidly spirals out of his control. Credit: Public Domain Movies – Feature Films: Cinema collection: epochcinema.com Epoch Original content: epochoriginal.com Feature Films:…
Quicksand (1950)
September 3, 2022
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GM Vehicle Sales Tumble 15 Percent as Chip Crunch, Supply Snags Drag
General Motors Co. reported a 15 percent drop in second-quarter auto sales on Friday, as a global chip shortage and supply chain disruptions hit production and left nearly 100,000 vehicles waiting for more parts. The U.S. auto industry is struggling to keep up with pent-up consumer demand for new cars as it struggles to ramp…
US Auto Sales Slide in Q1; Toyota Outsells GM
U.S. automakers on Friday reported a slump in first-quarter domestic sales, as the entire industry was slammed by chip shortages and disruptions to supply chains. Toyota, which in 2021 upstaged GM as the top-selling automaker in the United States, outsold the company in the first quarter on increased demand for its Lexus hybrid and electric…
US Auto Sales Slump as Less Affluent Buyers Walk Away
U.S. new vehicle sales could fall to the lowest first-quarter volume in the past decade as chip shortages and the Ukraine crisis squeeze inventories and rising prices push less affluent buyers out of the market, research firm Cox Automotive said Monday. U.S. car and light truck sales are expected to fall more than 24 percent…
Tesla Sold 59,845 China-Made Vehicles in January: CPCA
BEIJING—U.S. electric vehicle maker Tesla Inc. sold 59,845 China-made vehicles in January, the China Passenger Car Association (CPCA) said on Monday. Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 70,847 China-made vehicles in December. Chinese EV makers Nio Inc. delivered 9,652 cars in January, increasing by 33.6 percent…
Electric Car Transition Puts Over 70,000 Jobs at Risk in Italy, Unions and Lobby Say
MILAN—The transition to electric vehicles will put around 73,000 jobs at risk in Italy, metal workers’ unions and a lobby group said on Thursday, calling on the government to start discussions on measures to support the automotive industry. Analysts say the auto sector in Italy could be hit harder than elsewhere because of the small…
Honda Exec: High Auto Prices May Drop, but Not Dramatically
DETROIT—Honda expects its factories to make more vehicles this year despite a computer chip shortage and supply chain troubles. But because it’s starting the year with so few vehicles at dealers, the company expects U.S. sales to fall below last year’s numbers. The company expects U.S. new vehicle prices to ease a bit from the…
Rivian Manufactured 1,015 Vehicles in 2021, Says COO Retired
January 12, 2022
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Rivian Automotive Inc. produced 1,015 vehicles by the end of 2021, the Amazon-backed electric pickup truck maker reported in a filing on Monday, in line with its lowered expectations. Last month, Rivian said it expected production to be “a few hundred vehicles short” of its 2021 target of 1,200 because of supply chain constraints. The…
Ford Posts 7 Percent Fall in 2021 US Auto Sales
Ford Motor Co. reported a 6.8percent fall in 2021 U.S. vehicle sales on Wednesday, as the automaker struggled to deliver its cars and trucks due to lingering supply-chain bottlenecks and a global chip shortage. The Detroit automaker sold 1,905,955 vehicles in 2021, ending up behind new U.S. leader Toyota Motor Corp. and rival General Motors…
Fiat Chrysler Reports 2 Percent Drop in Annual US Auto Sales
FCA U.S. LLC reported a drop in U.S. auto sales on Tuesday, as the carmaker grappled with chip shortage issue that forced it to halt production across Europe and the United States. The fourth largest automaker in the world said annual U.S. sales fell by over 2 percent to 1,777,394 vehicles from 1,820,636 a year…
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