The World’s Biggest Carmaker Made a Huge Bet on Tech. Things Went Wrong Fast.
Toyota knew it needed new expertise. But creating a startup mentality to mesh with an 86-year-old giant didn’t work. Source...
Toyota Motor
Toyota Chairman Says People Are Finally Seeing the Reality About EVs
Updated Oct. 25, 2023 11:38 am ETTOKYO—Toyota Motor Chairman Akio Toyoda, when asked about electric-vehicle challenges including a recent lull...
U.S. Car Sales Expected to Increase Again in the Third Quarter
The car market has yet to see an impact from UAW strike-related factory shutdowns. Source link
Toyota to Offer $170,000 Luxury Model to Select Few Outside Japan
Toyota thinks the world outside of Japan may finally be ready to embrace its six-figure superluxury flagship car. Source link
Auto Sales Defy Gloomy Forecasts
The U.S. auto industry is expected to have notched a 12%-to-14% rise in new vehicle sales for the first half...
Toyota Rethinks EV Strategy With New CEO
Jan. 29, 2023 11:33 am ETListen to article(2 minutes)Toyota’s chief executive always said he wasn’t a skeptic about electric vehicles—he...
U.S. Auto Sales in 2022 Worst in Over a Decade
BusinessAutos & TransportationAutos IndustryGM bucked last year’s industry declines to regain U.S. sales crown from Toyota Source link
Toyota Chief Says ‘Silent Majority’ Has Doubts About Pursuing Only EVs
BusinessAutos & TransportationAutos IndustryAkio Toyoda says electric vehicles are one option alongside hybrids and hydrogen-powered cars Source link
Rivian Recalling Nearly All of Its Vehicles
Rivian Automotive Inc. RIVN -7.64% is recalling nearly all of its vehicles to address a potential problem that could cause...
As More Cars Hit Dealership Lots, Buyers Feel Pinch of Rising Interest Rates
More new cars and trucks are finally trickling into dealerships as supply-chain troubles ease and auto makers increase factory output....
Toyota Profit Takes Hit From Supply-Chain Troubles, Higher Costs
Toyota TM -0.32% Motor Corp. on Thursday maintained its full-year outlook for production and operating profit, despite rising raw material...
EV Maker Lucid Cuts Production Outlook in Half
Electric-vehicle maker Lucid Group Inc. LCID 4.21% said it expected to make half as many cars as previously forecast this...
Rivian Says Senate Climate Deal Puts It at Disadvantage
Electric-vehicle startup Rivian RIVN 0.57% Automotive Inc. is warning that planned revisions to the EV tax credit would put the...
Rivian Cranked Up Production in Second Quarter at Illinois Factory
Rivian RIVN 10.42% Automotive Inc. said it produced 4,401 vehicles in the second quarter, the latest in the electric-vehicle maker’s...
Toyota, GM Report Slowing U.S. Auto Sales
Major auto makers reported a pullback in U.S. sales for the first quarter of 2022, as a shortage of vehicles...
UAW Chief Says He Hasn’t Had Talks With Tesla or Elon Musk
The leader of the United Auto Workers union said he hasn’t talked with Tesla Inc.’s Elon Musk after the chief...
Ukraine War Plunges Auto Makers Into New Supply-Chain Crisis
BERLIN—After a pandemic and a global chip crunch, Russia’s war in Ukraine has unleashed auto makers’ third supply-chain crisis in...
Toyota Overtakes GM as Bestselling Auto Maker in U.S.
The Japanese auto maker, which for decades has worked to expand its presence in the U.S., outsold GM by roughly...
Tesla, Toyota Accuse Biden’s EV Tax Credit of Putting Unions Over the Environment
WASHINGTON—President Biden says he wants to save the planet and save union jobs. The electric-vehicle tax credit in his social...
Toyota, Stellantis to Build EV-Battery Factories in the U.S.
Toyota Motor Corp. and Jeep parent Stellantis NV said separately Monday they would build battery factories in the U.S., the...
