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Top 5 stories of the week: Toyota"s big North Carolina investment; EV startups struggle

A quick look at the top automotive stories of the week as determined by reader interest......»»

Source:  AutonewsCategory: Top10 hr. 9 min. ago Related News

Guest commentary: Let"s stick to the science when talking about hybrids, emissions reduction

When Toyota or any other car company claims that hybrid drivetrains can reduce emissions further and faster than EVs, we know that's objectively untrue......»»

Source:  AutonewsCategory: TopMay 16th, 2024Related News

Column: Toyota spent a bunch to build batteries. It could have spent more to make its own electricity

Toyota is spending $13.9 billion to build EV batteries in rural N.C. It should have spent more to add on-site solar, wind generation from the get-go......»»

Source:  AutonewsCategory: TopMay 15th, 2024Related News

Toyota’s largest-ever investment charging up in rural North Carolina

Toyota's largest-ever investment in N.A. manufacturing is taking shape in rural N.C.; will ultimately provide batteries for locally built EVs, hybrids and PHEVs......»»

Source:  AutonewsCategory: TopMay 13th, 2024Related News

Amazon"s robotaxi unit Zoox being probed by NHTSA after 2 crashes

NHTSA said it received two complaints alleging a Toyota Highlander equipped with Zoox autonomous driving technology braked suddenly and collided with motorcycles. Both collisions occurred during daytime conditions and resulted in minor injuries, NHTS.....»»

Source:  AutonewsCategory: TopMay 13th, 2024Related News

NHTSA probes Amazon-owned Zoox for unexpected braking in AV software leading to crashes

NHTSA said it received two complaints alleging a Toyota Highlander equipped with Zoox autonomous driving technology braked suddenly and collided with motorcycles. Both collisions occurred during daytime conditions and resulted in minor injuries, NHTS.....»»

Source:  AutonewsCategory: TopMay 13th, 2024Related News

Subaru to team with Toyota on 3 new EV crossovers through 2026; net income soars

Subaru says it will lean on Toyota for next three all-electric crossovers and shift production of the best-selling Forester, including a new hybrid version, to the U.S. Meanwhile, annual net income nearly doubled to 385.1 billion yen ($2.55 billion)......»»

Source:  AutonewsCategory: TopMay 13th, 2024Related News

Subaru to team with Toyota on 3 new EV crossovers through 2026

Subaru says it will lean on Toyota for next three all-electric crossovers and shift production of the best-selling Forester, including a new hybrid version, to the U.S......»»

Source:  AutonewsCategory: TopMay 13th, 2024Related News

Toyota dealer adds $2 million satellite for new battery plant workers

Toyota of Greensboro will open a new $2 million delivery and service center exclusively for 5,100 new employees of automaker's new N.C. battery plant......»»

Source:  AutonewsCategory: TopMay 12th, 2024Related News

Toyota"s massive $13.9B battery complex prepping to start production next year to power hybrids, EVs

Toyota's largest-ever investment in N.A. manufacturing is taking shape in rural N.C.; will ultimately provide batteries for locally built EVs, hybrids and PHEVs......»»

Source:  AutonewsCategory: TopMay 12th, 2024Related News

Top 5 stories of the week: Earnings from Rivian, Toyota and Nissan; GM"s fleet strategy

A quick look at the top automotive stories of the week as determined by reader interest......»»

Source:  AutonewsCategory: TopMay 10th, 2024Related News

Column: Why does Wall St. value Tesla 40% higher than Toyota?

Both face headwinds, but Toyota earned twice as much as Tesla in the most recent fiscal year......»»

Source:  AutonewsCategory: TopMay 10th, 2024Related News

GM logistics supplier Proficient Auto raises $215 million in IPO

The company, which transports finished vehicles from manufacturers and shipping ports to auto dealerships, provides services to GM, Stellantis, Toyota and other automakers......»»

Source:  AutonewsCategory: TopMay 9th, 2024Related News

5 key takeaways from Toyota"s record earnings report

Under first-year CEO Koji Sato, Toyota reported a blockbuster fiscal year of records, from sales to profits. Here are five top takeaways from the automaker's earnings conference......»»

Source:  AutonewsCategory: TopMay 9th, 2024Related News

CEO Koji Sato reloads for long-term growth after leading Toyota to record profit, sales, production

Toyota reports across-the-board record results in its just-ended fiscal-year, but it warns earnings will retreat in the current year......»»

Source:  AutonewsCategory: TopMay 8th, 2024Related News

Toyota CEO Sato leads automaker to record profit, sales, production

Toyota reported record quarterly sales and record profits, but warned earnings will retreat in the current year as it takes a break from hectic expansion and invests in next-generation EVs, software and AI......»»

Source:  AutonewsCategory: TopMay 8th, 2024Related News

From scandals to slowdown, Toyota faces these top five challenges as it pursues record profits

Toyota expects stellar results in its fiscal-year earnings announcement on May 8, from record sales to record profits. But there could still be some wobbles in the final report, including guidance on whether it can keep up its red-hot pace......»»

Source:  AutonewsCategory: TopMay 6th, 2024Related News

5 key takeaways from April U.S. sales reports

U.S. light-vehicle sales slipped 3.9 percent to 1.32 million last month compared with April 2023; Toyota led among the brands......»»

Source:  AutonewsCategory: TopMay 3rd, 2024Related News

Toyota executives like fuel cell technology for zero-emission pickups

A hydrogen pickup would have bigger towing ranges and a fuel-like gasoline truck, Toyota executives say......»»

Source:  AutonewsCategory: TopMay 2nd, 2024Related News

Toyota sales rise 14%; Honda edges up; Hyundai, Kia slip in April

U.S. light-vehicle sales are expected to drop about 2 percent in April, reflecting one less selling day than a year earlier and weaker fleet shipments, analysts say......»»

Source:  AutonewsCategory: TopMay 1st, 2024Related News