Musk says panic buying of chips is like rush on toilet paper

The CEO said the chip shortage is wreaking havoc on Tesla’s supply chain and blamed companies ordering more microcontrollers than they need.

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Toyota finds new niche in small crossovers with 2022 Corolla Cross

The Japanese automaker is betting there is room between its current C-HR hatchback and its popular RAV4 compact crossover. It goes into production in fall.

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Hyundai, Kia set monthly records on strong retail volume

Robust retail demand for light trucks and some car models pushed sales at Hyundai and Kia up 56 percent or more in May, even as a supply crunch upends the industry.

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BMW moves forward on BEV mission with iX, i4

The BMW iX crossover and i4 sedan will arrive in U.S. stores in the first quarter.

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Toyota adds data privacy portal to Toyota and Lexus apps

The company says implementing the Toyota Data Privacy Portal is the latest step it is taking to make consumer data "more accessible and transparent" and follow privacy protection.

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7-Eleven to install EV fast chargers at 250 N.A. stores

The convenience chain's plans underscore the ongoing market challenge in the transition to EVs: consumer range anxiety.

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Downtime lingers for some Stellantis plants

Stellantis said the Belvidere Assembly Plant, which builds the Jeep Cherokee in Illinois, and the Windsor Assembly Plant, which handles minivan production in Ontario, will run partial shifts this week before going down the week of June 7.

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