Toyota Motor Corp
Why automakers are turning to hybrids in the middle of the industry's EV transition
2023 Prius Prime on display, April 6, 2023. Scott Mlyn | CNBC DETROIT — As sales of all-electric vehicles grow more slowly than expected, major automakers are increasingly meeting their customers in the middle. More and more companies are reconsidering the viability of hybrid cars and trucks to appease consumer demand and avoid costly penalties […]
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UAW launches union campaigns at Tesla, 12 other automakers in the U.S.
United Auto Workers President Shawn Fain, middle, visits striking UAW Local 551 workers outside a Ford assembly center on South Burley Avenue on Saturday, Oct. 7, 2023, in Chicago. John J. Kim | Tribune News Service | Getty Images The United Auto Workers union is launching an unprecedented campaign to organize 13 non-union automakers in […]
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China’s changeover to EVs is so rapidly that Volkswagen is on monitor for its worst community revenue in decades
Volkswagen’s ID.7 is set for release in Europe and China in the tumble of 2023, and in North America in 2024. CNBC | Evelyn Cheng BEIJING — Chinese makes are using the guide in the country’s immediate change to new energy motor vehicles, putting Volkswagen on keep track of for its smallest yr of China […]
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Here’s why the UAW’s record deals with GM, Ford and Stellantis aren’t getting full support
UAW members attend a rally in support of the labor union strike at the UAW Local 551 hall on the South Side on October 7, 2023 in Chicago, Illinois. Jim Vondruska | Getty Images DETROIT – The United Auto Workers achieved record contracts with the Detroit automakers following contentious talks and roughly six weeks of […]
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Hyundai joins Honda and Toyota in elevating wages following automobile union wins gains in offers with Detroit 3
Drew Angerer | Getty Images News | Getty Illustrations or photos South Korean automaker Hyundai has joined Honda and Toyota in raising factory employee wages after the United Auto Workers union reached new agreement agreements with Detroit automakers. Hyundai claimed Monday it will elevate manufacturing facility employee spend 25% by 2028, matching the normal wage increase received by the […]
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GM is envisioned to devote $13 billion in U.S. facilities underneath new UAW offer
United Automobile Personnel (UAW) associates strike at a Basic Motors assembly plant that builds the U.S. automaker’s complete-measurement activity utility cars, in a further expansion of the strike in Arlington, Texas, October 24, 2023. James Breeden | Reuters DETROIT – Normal Motors plans to devote roughly $13 billion in U.S. amenities by April 2028, the […]
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UAW has Tesla, Toyota in its sights after contract wins at Detroit automakers
United Auto Workers President Shawn Fain gestures in solidarity with striking workers during a rally at UAW Local 551 on Saturday, Oct. 7, 2023, in Chicago. John J. Kim | Tribune News Service | Getty Images DETROIT – United Auto Workers President Shawn Fain wants to expand the union’s battle from the Detroit automakers to […]
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Toyota raises its outlook as strong hybrid demand juices profits
A 2022 Toyota Mirai hydrogen fuel cell vehicle, right, next to Toyota Prius hybrid vehicles during AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California, U.S., on Wednesday, Nov. 17, 2021. Bing Guan | Bloomberg | Getty Images Toyota Motor on Wednesday said its quarterly profit more than doubled from a […]
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Winners and losers of the UAW talks with GM, Ford and Stellantis
President Joe Biden speaks next to Shawn Fain, president of the United Auto Workers, as he joins striking members of the union on the picket line outside GM’s Willow Run Distribution Center in Bellville, Michigan, Sept. 26, 2023. Evelyn Hockstein | Reuters DETROIT — A tentative deal Monday between the United Auto Workers and General […]
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Volvo Cars and trucks CEO strikes cautious tone on good-state battery technological know-how
Volvo’s EX90 electrical car photographed in Sweden on Nov.9, 2022. Mikael Sjoberg | Bloomberg | Getty Illustrations or photos The CEO of Volvo Cars is bullish about the extended-time period likely of electrical motors, but seems much more cautious on stable-state batteries — engineering that is created considerably buzz about its likely to remodel the […]
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