Toyota sees inventory swelling
Carmakers are reportedly amassing automotive chips and other parts to prevent further impacts of their shortages. In fiscal 2021 (April 2021 to March 2022) Japan-based Toyota Motor registered a year-on-year growth of inventory assets by 32%, about JP.....»»
Lower-income households have high auto payments, according to Bank of America
The customers who purchased vehicles during the height of the inventory shortages are still feeling the strain; lower-income households seem to be feeling that strain the most......»»
YouTube Premium sees a price hike in multiple countries
If you’re subscribed to YouTube Premium, there could be a chance that you could be part of a recent price hike. The post YouTube Premium sees a price hike in multiple countries appeared first on Phandroid. If you’re not a fan of YouTub.....»»
May Mobility slashes growth plans in Michigan
The Toyota-backed driverless vehicle operator has walked back expansion plans announced a year-and-a-half ago, cutting the number of planned new jobs by a third, according to a state memo. .....»»
Ohio Ford-Lincoln dealership service department sees benefits in going paperless
Beau Townsend Ford-Lincoln has seen its recruiting and retention of young technicians and advisers grow with its all-digital efforts......»»
GM sees growth for CarBravo used-vehicle sales platform
About 45 percent of used vehicles sold through CarBravo would not have been certified before, including older vehicles and those from non-GM brands, and they're backed by GM factory warranties......»»
Landmark AI deal sees Hollywood giant Lionsgate provide library for AI training
Runway deal will create a Lionsgate AI video generator, but not everyone is happy. Enlarge (credit: Benj Edwards / Malte Mueller via Getty Images) On Wednesday, AI video synthesis firm Runway and entertainment company Li.....»»
Toyota marks Highlander"s 25th anniversary with limited edition
The 2025 Toyota Highlander 25th Edition will debut at dealerships in November and is limited to 2,500 vehicles......»»
2025 Toyota Sienna minivan"s new standard tech may save a life
The freshened 2025 Toyota Sienna minivan is the debut vehicle for updated technology aimed at keeping safe those accidentally left behind in cars......»»
Toyota dealerships get fired up about flag football
About 40 percent of Toyota's U.S. retailers have gotten involved with flag football as part of the automaker's new NFL sponsorship......»»
Toyota has repair for Grand Highlander, Lexus TX after lengthy stop-sale
A costly and disruptive stop-sale to Toyota's large three-row crossovers is expected to end in late October after Toyota determined that modified side-curtain airbags will bring the vehicles back into compliance......»»
U.S. vehicle inventory hovers below 3 million
New-vehicle inventory in the U.S. was at 2.91 million last month, down slightly from the previous month, Cox Automotive said......»»
Stellantis’ U.S. dealers call out CEO Tavares for damaging brands
Dealers also urged the CEO to spend more money to clear old inventory off their lots......»»
Denso goes workerless under new factory concept for Toyota Group
Denso's new ¥69 billion ($482.9 million) workerless plant will make advanced on-board computers that bundle together control of multiple functions in the car, accelerating the transition of Toyota's top supplier into a software-driven mobility compa.....»»
Toyota and Lexus offer SiriusXM 3-year payment option
Consumers, weary with subscription fatigue, can access streamlined vehicle audio services with one upfront fee......»»
Toyota cuts 2026 global EV output plans by a third, report says
Toyota will build one million EVs in 2026 instead of 1.5 million, a Japanese newspaper said. Other automakers have scaled back EV plans as sales slow......»»
Toyota, Nissan, Mazda, Subaru bolster EV battery plans with aid from Japan
EV laggards Toyota, Mazda, Subaru and Nissan up their game with massive new investment in next-generation battery production, backed by government subsidies, as Japan races to catch up to global rivals......»»
Toyota dealer gathering to focus on partnership, products, says brand head Dave Christ
Toyota dealers will gather for their national dealer meeting in Las Vegas on Sept. 10-11 to discuss the Japanese brand's upcoming products and strategy, while dealers may want to question the brand about a spate of embarrassing recalls......»»
Column: Digital retailing transformation means some will lose, disappear as efficiencies grow
St. Charles Toyota is all in on Toyota's SmartPath digital retailing system, and it's transforming the dealership's relations with outside vendors......»»
BMW explains why it will sell hydrogen fuel cells in 2028
BMW sees hydrogen as complementary to battery EVs on a region-by-region basis. Enlarge / BMW has had some hydrogen fuel cell-powered iX5s in testing for a while, and for Art Basel 2024 this one got a new look courtesy of Es Devli.....»»
South Korea sees highest average summer temperature on record
South Korea experienced its highest average summertime temperature since such records began half a century ago, nearly two degrees higher than the historic average, the weather agency said Thursday......»»