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.....»»
Amazon slashes up to $250 off Apple"s M4 iPad Pro during back-to-school sale
This Thursday, grab prices as low as $899 and discounts of up to $250 off Apple's 2024 M4 iPad Pro. With limited inventory available on certain configs, you'll want to jump on the deals now for the best selection.A full list of the lowest 11-inch iPa.....»»
AutoCanada considers selling U.S. stores, reports data breach and $24 million Q2 loss
AutoCanada is exploring the sale of its U.S. dealerships and other “non-profitable and non-core assets,” as the company swung to a loss for the second quarter amid falling sales, a significant used-vehicle inventory writedown and fallout from the.....»»
NHTSA ends Toyota RAV4 battery fire risk investigation after 3-year probe, recall
More than 1.8 million vehicles were recalled and 100-plus fires were reported related to the issue......»»
Germany sees explosion in cases of bluetongue virus
Germany has seen an explosion of cases of bluetongue virus this year, authorities said Tuesday as fears increase across Europe about the disease affecting sheep and cattle......»»
Rocket Report: Archimedes engine sees first light, New Glenn making moves
"Coming soon: a full recovery rehearsal with our landing vessel." Enlarge / Rocket Lab says it fired up the Archimedes engine at full thrust this week. (credit: Rocket Lab) Welcome to Edition 7.06 of the Rocket Report! T.....»»
Sonic executive calls out automakers for inventory pileups
Sonic said its days' supply for some brands is as much as 200 days......»»
U.S. vehicle inventory remains under 3 million in July
New-vehicle inventory levels temporarily crossed 3 million for first time in four years during CDK outage, then retreated back, Cox said......»»
Toyota TRD taps Tyler Gibbs to succeed retiring David Wilson
Tyler Gibbs will become president of Toyota TRD subsidiary in December, succeeding retiring David Wilson......»»
Adient net income plummets 69% in fiscal Q3 amid delayed launches, Europe troubles
Despite challenges in Europe, the global seating supplier sees promising growth opportunities with Chinese automakers......»»
ToyotAbility for disabled workers takes center stage at Texas truck plant
A newly built subassembly area in Toyota's truck plant near San Antonio integrates the work of differently-abled team members into plant operations......»»
Toyota dealer donates van to paralyzed shooting victim
Toyota of Montgomery provided an accessible van to Amy Dicks, who was struck by a bullet and paralyzed while driving to work......»»
Apple’s SuperDrive for reading disks seemingly discontinued with no inventory online
Many years ago, when Apple introduced the first MacBook Air, the company also announced an accessory called the Apple USB SuperDrive – which is essentially a CD and DVD player that can be connected to a Mac via USB. Even though CDs are no longer as.....»»
Top 5 stories of the week: Stellantis sues dealership over fleet dispute; Toyota testing scandal widens
A quick look at the top automotive stories of the week as determined by reader interest......»»
Take AN"s exclusive tour of Lexus" new high-tech HQ in mountains of Toyota City
Lexus finally moves into its new, unified global headquarters, a sprawling high-tech R&D and design center nestled into a forest-covered mountain. Automotive News went on an exclusive first tour of the facility......»»
Japan sees hottest July since records began
Japan sweltered through its hottest July since records began 126 years ago, the weather agency said, as extreme heat waves fueled by climate change engulfed many parts of the globe......»»
Reengineered 2025 Toyota GR Corolla hot hatch picks up optional automatic, added torque
Toyota has reengineered its popular GR Corolla hot hatch to offer an optional eight-speed automatic transmission, as well as added torque and an improved suspension for the 2025 model year......»»
Hyundai gains 4% while Toyota, Kia slip in July; overall market expected to rise
The U.S. light-vehicle market rose 1 to 3 percent in July, analysts said, as many dealers recovered from the CDK cyberattacks that knocked new-car sales offline in late June......»»
Mobileye slashes annual forecasts on uncertain demand; shares fall
Mobileye Global cut its annual revenue and profit forecasts on Thursday, slammed by volatile demand for its driver-assistance chips in China, even as it recovered from a sales slump brought on by a global auto inventory glut......»»
Hybrids, currency windfalls help Toyota extend record profit momentum
Gasoline-electric hybrid cars helped bolster Toyota earnings in the latest quarter because hybrids typically have bigger margins and sell for higher prices......»»
4 key moments in Fisker"s ongoing bankruptcy proceedings
Fisker won permission from the bankruptcy court in mid-July to sell more than 3,000 Oceans in inventory for $46.3 million, for an average price just over $14,000, according to court records......»»