Toyota Motor Corp
Why you won’t see many car ads during Sunday’s Super Bowl
Automakers – historically among the largest Super Bowl advertisers – are mostly bypassing this Sunday’s NFL championship game to preserve cash or spend ad dollars elsewhere. The only automakers expected to advertise during Sunday’s game between the Philadelphia Eagles and Kansas City Chiefs on Fox are General Motors, Kia and Stellantis‘ Ram and Jeep brands. […]
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Super Bowl ad curse? The stocks of these Big Game advertisers didn’t fare so well
New England Patriots fans erupt as the Seattle Seahawks Russell Wilson’s pass is intercepted at the goal line to ensure the victory for the New England Patriots in Super W 49. Bob Berg | Moment Mobile | Getty Images In a fragmented media landscape, events like the Super Bowl are prized by advertisers for the […]
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Toyota unveils new Grand Highlander, expanding hybrid crossover lineup
2024 Toyota Grand Highlander Toyota CHICAGO — Toyota Motor is expanding its segment-leading, three-row crossover lineup with the new 2024 Grand Highlander, including two gas-powered hybrid offerings. The automaker revealed the vehicle as a bigger sibling to the Toyota Highlander midsize SUV/crossover on Wednesday night. It is longer and wider than the Highlander and provides […]
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Toyota is investing $35 billion into EVs. But some say it may be too late.
The world’s largest automaker, Toyota, is battling criticism it is behind rivals on electric vehicles, and is even working to try and block the transition to zero-emission electric fleets. But the automaker says it does believe in an all-electric future. It just maintains that future will not reach all of Toyota’s markets at the same […]
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10 auto industry predictions for investors to keep an eye on this year
A customer looks at a vehicle at a BMW dealership in Mountain View, California, on Dec. 14, 2022. David Paul Morris | Bloomberg | Getty Images DETROIT — Wall Street and industry analysts remain on high alert for signs of a “demand destruction” scenario for the U.S. automotive industry this year as interest rates rise […]
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Lithium corporation Ioneer scores $700 million conditional bank loan from Electrical power Office for Nevada plant
Lithium firm Ioneer said Friday that it is secured a conditional determination for a financial loan of up to $700 million from the Office of Electricity as the U.S. seeks to develop new supply chains for materials that are essential to the vitality transition. Ioneer is acquiring the Rhyolite Ridge Lithium-Boron Challenge in Esmeralda County, […]
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Automakers are cautiously optimistic for a 2023 rebound after worst new vehicle sales in more than a decade
New Jeeps on display at a New York City car dealership on Oct. 5, 2021. Spencer Platt | Getty Images DETROIT — Automakers are hopeful last year’s new vehicle sales — the worst in more than a decade — will mark a bottom for the market, at least in the near term. Industry estimates range […]
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GM reclaims title as America’s top automaker after a 2.5% jump in sales last year
2022 GMC Sierra 1500 Denali Ultimate GM DETROIT – General Motors reclaimed its U.S. sales crown from Toyota Motor last year as the Detroit automaker eked out a slight gain in annual U.S. vehicle sales despite supply chain problems. GM said Wednesday it sold 2.27 million vehicles in the U.S. in 2022, up by 2.5% […]
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Tesla made headlines in 2022, but the top-performing auto stock had nothing to do with EVs
The Ferrari SP38 seen at Goodwood Festival of Speed 2022 on June 23rd in Chichester, England. Martyn Lucy | Getty Images This year wasn’t about which auto manufacturer stock performed the best. It was about which stock managed to escape the worst of the year’s selling pressure. After significant growth in auto stocks in 2021, […]
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Tesla, GM, Ford questioned by U.S. senator about Chinese source chains and connections to forced labor
Senate Finance Committee Chair Ron Wyden, D-Ore., asked big automakers, including Tesla, Common Motors and Ford, to supply aspects about their Chinese supply chains soon after a examine uncovered hyperlinks amongst some automobile providers and Chinese entities in a region in which U.S. officers say forced labor exists. Wyden despatched letters to 8 automakers, asking […]
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