While electric vehicles may seem to be all the rage in the automotive space, Toyota Motor Corporation president Akio Toyoda is pumping the breaks on the idea of an all-in approach. “People involved in the auto industry are largely a …
by AC Sister works as a receptionist for a Toyota dealer and this past week on Friday – Sunday they saw a record buying spree of both used and new cars. They sold a total of 120 cars in those …
Toyota, hurt by the chip shortage, will reduce output 40 percent in September. Toyota Motor, the world’s largest automaker, plans to cut production worldwide 40 percent in September because of a shortage of computer chips that the company had avoided being hurt …
At one point Toyota owned 3% of Tesla, 2010, then Toyota dumped Tesla holdings in 2017. Currently, Tesla and Toyota are working together again to finalize an agreement for Tesla to make a small size electric car. [links at bottom] …
Depending on how and when you count, Japan’s Toyota is the world’s largest automaker. According to Wheels, Toyota and Volkswagen vie for the title of the world’s largest, with each taking the crown from the other as the market moves. That’s …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter Ford wisely kept its mouth shut. The problem with Mercedes and BMW is that they don’t yet sell luxury pickups, though they’re finally figuring it out. The first quarter was not pretty for new-vehicle sales in …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But average transaction prices rise to record highs. In terms of new-vehicle sales in the US, 2018 was the third relentless down-year in a row for three of the four biggest automakers, GM, Ford, and Toyota. …
Latest Driverless Electric Radio… h/t Matrix
Toyota Motor Corp. and Mazda Motor Corp. announced in August a joint venture to build a $1.6 billion assembly plant in the U.S. which would create 4,000 jobs and be up and running by 2021. It is projected to produce …