Chip Shortage Forces Automakers to Leave Out Some High-End Features

When automakers were first hit with chip shortages at the end of last year, they tried idling factories until the trouble passed. But with the crisis stretching into its fifth month and getting worse, they are getting creative to keep at least some production moving forward, reports Automotive News.

Auto Sales Helped Get the American Economy Off to a Good Start in 2021

In the first months of 2021, what was good for the auto industry was decidedly good for the American economy. The New York Times reports that spending on motor vehicles and parts rose almost 13 percent in the first quarter, making a big contribution to the increase in gross domestic product.

Toyota, Honda, Hyundai, Kia Rebound Sharply From Pandemic Low

Toyota Motor Corp., American Honda, Hyundai, Subaru, Kia, and Mazda, behind light trucks and robust retail demand, posted sharply higher U.S. light-vehicle sales last month compared with April 2020, when the market bottomed out early in the pandemic, with showrooms and factory floors mostly shuttered.