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Inventory surge, hybrids lift Toyota, Honda sales; Hyundai rebounds; Kia slips again

The U.S. new-vehicle market is expected to expand 5.6 to 6.3 percent in February, helped by growing inventories and higher discounts, analysts say, even as affordability concerns and elevated interest rates still weigh on buyers......»»

Category: topSource:  autonewsMar 1st, 2024

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......»»

Category: topSource:  autonewsRelated NewsMay 13th, 2024

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.....»»

Category: topSource:  autonewsRelated NewsMay 13th, 2024

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)......»»

Category: topSource:  autonewsRelated NewsMay 13th, 2024

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.....»»

Category: topSource:  autonewsRelated NewsMay 13th, 2024

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......»»

Category: topSource:  autonewsRelated NewsMay 13th, 2024

German Court Issues Sales Ban Against Motorola and Lenovo

This isn't the first time that Lenovo and InterDigital have had legal disputes. The post German Court Issues Sales Ban Against Motorola and Lenovo appeared first on Phandroid. It looks like Lenovo and Motorola are currently in a bit of a p.....»»

Category: asiaSource:  phandroidRelated NewsMay 13th, 2024

More stable new-vehicle production means higher Q1 sales for suppliers

More stable new-vehicle assembly meant higher sales numbers in the first quarter for many North American suppliers, another welcome sign for parts makers hoping for more consistent production schedules form automakers......»»

Category: topSource:  autonewsRelated NewsMay 13th, 2024

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......»»

Category: topSource:  autonewsRelated NewsMay 12th, 2024

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......»»

Category: topSource:  autonewsRelated NewsMay 12th, 2024

How to shop for the best cellular plan for your new iPad

Apple launched the new M4 iPad Pro and iPad Air 6 this week, sparking a wave of new iPad purchases following a recent sales slump. One of the iPad’s strengths is its portability, and a key component of that is a cellular connection. But is an al.....»»

Category: topSource:  theglobeandmailRelated NewsMay 11th, 2024

Nmap 7.95 released: New OS and service detection signatures

Nmap is a free, open-source tool for network discovery and security auditing. It’s valued by systems and network administrators for network inventory, managing service upgrade schedules, and monitoring host or service uptime. Nmap identifies av.....»»

Category: securitySource:  netsecurityRelated NewsMay 11th, 2024

Automakers hedge their bets with plug-in hybrids as EV sales slow

Originally regarded as stopgap solutions, hybrids are in it for the long haul. Enlarge (credit: Honda) Global carmakers are stepping up their investment in hybrid technologies as consumers’ growing wariness over fully.....»»

Category: topSource:  informationweekRelated NewsMay 10th, 2024

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......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

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......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

China"s vehicle exports hit record high in April as domestic sales fall

Facing trade threats in Europe, Chinese automakers have been actively exploring South America, Australia and ASEAN markets for exports......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

Mazda profits zoom to records on CX-90, hybrid uptake, foreign exchange rates

Mazda reaches record profits thanks to the popularity of its large platform CX-90 crossover and uptake of hybrids, but the Japanese carmaker is bracing for headwinds this year......»»

Category: topSource:  autonewsRelated NewsMay 10th, 2024

New-vehicle inventory little changed at 2.86 million

New-vehicle inventories in the U.S. changed little in April, ending at 2.86 million vehicles, Cox Automotive said — safely under 3 million......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

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......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

Nearly 25% of Ford F-150s built are now hybrids, CEO says

The F-150 is a key pillar of Ford's hybrid strategy, which is gaining importance amid slower-than-expected demand for EVs......»»

Category: topSource:  autonewsRelated NewsMay 9th, 2024

Apple maintains US market share as smartphone demand continues to weaken

New research claims that US smartphone shipments have declined 8% year over year, yet Apple's iPhone has stayed steady at 52% of the market.Delays over Apple's iPhone 14 saw its sales boost come late, which has now affected yearly comparisonsEven if.....»»

Category: appleSource:  appleinsiderRelated NewsMay 9th, 2024