Bentley’s first-half results were driven by strong growth in China and demand for the Flying Spur.

The Geneva-based microchip manufacturer, whose customers include Apple and Tesla, increased its investment plan for the year to $2.1 billion.

Semiconductor scarcity will be more severe during the second half, VW said. The automaker also highlighted risks from volatile commodity prices.

Ford said it had expected a net loss for the quarter but performed better because of strong demand, lower incentives and a favorable mix of more profitable vehicles.