Toyota Motor Corp
Inadequate resale values of EVs threaten adoption, warn some gurus
Motorists charge their Teslas in Fountain Valley, California, on March 20, 2024. Jeff Gritchen | Medianews Team | Getty Photographs A car or truck loses worth as soon as you travel it off the great deal, but electric powered cars are taking this adage to a new amount. That is becoming a important barrier to […]
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China's BYD to launch 1st electric pickup truck this yr in most up-to-date challenge to Tesla, Ford
BYD teased its upcoming electric pickup truck which the Chinese automobile giant reported it would launch in 2024. BYD BYD plans to start its initially electrical pickup truck this calendar year, as the Chinese huge measures up level of competition with world wide automobile corporations, from Ford to Tesla. The midsize-to-massive pickup truck has been […]
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GM U.S. vehicle sales fall 1.5% during the first quarter, underperforming other major automakers
The 2024 Buick Envista. GM DETROIT — General Motors on Tuesday reported a 1.5% decline in first-quarter U.S. vehicle sales compared to a year ago, as the overall auto industry normalizes after years of disruptions and volatile results. The Detroit automaker said the decline to 594,233 vehicles sold during the first three months of the […]
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Toyota could introduce electric, plug-in Tacoma and Tundra pickups
2024 Toyota Tacoma Trailhunter Toyota NEW YORK — Toyota Motor is evaluating an expansion of its U.S. truck lineup that could include all-electric or plug-in hybrid electric versions of its Tacoma and Tundra pickups. Jack Hollis, executive vice president of Toyota Motor North America, said the Japanese automaker is assessing its options to determine what […]
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ɺlso early to decide': World-wide carmakers contend with closure at busiest U.S. vehicle port
The stays of the Francis Scott Crucial Bridge on March 26, 2024 in Baltimore. Michael A. McCoy | The Washington Submit | Getty Photographs The Baltimore bridge collapse has prompted carmakers to assess functions just after the closure of the busiest U.S. automobile port. Several do not anticipate important disruptions so much. In a extraordinary […]
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What investors should know about the U.S. easing vehicle emissions rules
President Joe Biden speaks at the United Auto Workers political convention at the Marriott Marquis in Washington, D.C., Jan. 24, 2024. Saul Loeb | AFP | Getty Images DETROIT — The Biden administration’s decision to ease its timeline for all-electric vehicle adoption and give automakers more ways to meet new tailpipe emissions standards is expected […]
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Japan’s 'shunto' wage negotiations strike fever pitch this week. Right here's why they matter
Akihiko Matsuura, president of UA Zensen, next still left, raises his fist with associates of the union during a rally for the yearly wage negotiations in Tokyo, Japan, on Thursday, March 7, 2024. Kiyoshi Ota | Bloomberg | Getty Illustrations or photos At Japan’s remarkably anticipated “shunto” spring wage negotiations this 12 months, the world’s […]
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EV euphoria is dead. Automakers trumpet consumer choice for U.S. car shoppers
Although consumer demand for EVs hasn’t shown up in the way executives had expected, sales of the vehicles are still predicted to increase in the years to come. Andrew Merry | Moment | Getty Images DETROIT — The buzz around electric vehicles is wearing off. For years, the automotive industry has been in a state […]
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Bank of Japan may exit the world's last negative rates next week. Here's what you need to know
Japan bar chart graph with ups and downs, increasing values, concept of economic recovery and business improving, businesses reopen, politics concept with flag Elif Bayraktar | Istock | Getty Images Speculation is swirling that the Bank of Japan may move to exit the world’s last negative rate policy as early as next week, when policymakers […]
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Toyota agrees to greatest wage hike in 25 a long time in sign of Japan Inc's major spend bump
A employee of Japanese auto huge Toyota Motor assembles auto parts to newly made Crown at the firm’s Motomachi plant in Toyota city close to Nagoya, central Japan on July 30, 2018. Some of Japan’s largest companies are expected to formally supply sizeable pay boosts at once-a-year talks with unions that wrap up on Wednesday, […]
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