Toyota"s next hydrogen powered vehicle will be a Crown sedan
Toyota hopes the addition of the fuel cell Crown will propel worldwide fuel cell sales to 8,000 vehicles in the current fiscal year, from 3,000 the year before. It's unclear whether the vehicle will come to the U.S......»»
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......»»
CarGurus reports net income jump, more digital wholesale losses
The vehicle listings company said its marketplace revenue grew by double digits and work to overhaul its wholesale business is continuing......»»
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......»»
BP keen to buy Tesla supercharging sites for U.S. expansion
BP Plc’s electric vehicle charging arm is eager to snap up Tesla Inc. supercharging sites across the US — along with the workers behind them — and has pledged $1 billion to expand its network......»»
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......»»
Used-vehicle wholesale prices down in April, Cox Automotive says
Customers appear to be holding out for more affordable used-vehicle prices and hoping for lower interest rates, Cox Automotive says......»»
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......»»
Affordability to affect new-vehicle purchases, study says
An Urban Science and Harris Poll study found 55 percent of consumers said they're likely to change their vehicle purchase or lease plans due to economic concerns in the near future, lower than dealers' expectations......»»
GM ending Chevy Malibu production to retool Kan. plant for Bolt EV
Starting in late 2025, Fairfax Assembly will build both the gasoline-powered Cadillac XT4 and the Chevrolet Bolt EV on the same assembly line......»»
Buying an M4 iPad Pro? You should know about these two unadvertised tiers of RAM, CPU, and more
Yesterday Apple unveiled the next generation of the iPad Pro, a major update including an M4 chip, OLED-powered Ultra Retina XDR display, ultra-thin industrial design, and more. In the last couple generations of iPad Pro, there was a key differenc.....»»
Intel’s and Qualcomm’s Huawei export licenses get revoked
Huawei's phone division has moved on, but laptops will suffer without Intel. Enlarge / Huawei's Intel-powered Matebook X Pro has drawn criticism from US China hawks. (credit: Huawei) The US crackdown on exports to Huaw.....»»
Hyundai Motor plans to add hybrids to U.S. plant within current investment
Hyundai Motor Co. plans to use the investment it has already lined up for the United States to produce hybrid vehicles at its electric vehicle plant there......»»
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......»»
Daimler Truck unveils its first autonomous, battery electric eCascadia
Daimler Truck North America executives showcased the company's new autonomous and battery-electric demonstration vehicle Wednesday, ahead of the ACT Expo later this month......»»
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......»»
GM tries to lure Tesla’s jilted interns during mass downsizing
General Motors Co. hopes to take advantage of Tesla Inc.’s downsizing, with a company recruiter reaching out to former interns who were sent packing by the electric-vehicle maker......»»
The Rise of Manual Jobs in the AI Revolution
We’re seeing AI in almost every aspect of our lives. From AI-powered smart homes and hospitals to education and agriculture, machines seem poised to take over. However, there’s a surprising shift underway. There’s been a resurgence o.....»»
Nano-texture glass for M4 iPad Pro only available on 1TB and 2TB models
Today Apple unveiled the brand new M4-powered iPad Pro, a major upgrade that comes with a brand new Ultra Retina XDR display. The new display uses OLED technology and comes with a first for the iPad: a nano-texture glass option. Unfortunately, not.....»»
Apple in talks with Rivian, likely over Apple Car revival
Apple is said to be investigating a partnership with a US electric vehicle firm, believed to be Rivian, in a move that could mean reviving the Apple Car.Rivian R1TThe whole Apple Car project was reportedly scrapped in February 2024, with its team red.....»»
F&I gross profit per vehicle down for 5 of 6 public groups in Q1
The retailers pointed to high interest rates again as a major contributor to the declines......»»