When axle supplier Hino bailed, Toyota Texas jumped in
Toyota Motor Manufacturing Texas is quickly building a 500,000-square-foot axle plant near its front gate that will begin production in late 2026 after its axle supplier announced it was exiting the market......»»
NOAA says ‘extreme’ Solar storm will persist through the weekend
So far disruptions from the geomagnetic storm appear to be manageable. Enlarge / Pink lights appear in the sky above College Station, Texas. (credit: ZoeAnn Bailey) After a night of stunning auroras across much of the Un.....»»
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......»»
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......»»
Group 1 Automotive"s Q1 acquisitions cost almost $700 million
The auto retailer also sold the Mike Smith Auto Complex in Beaumont, Texas, to Doggett Automotive Group in the first quarter......»»
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......»»
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......»»
Every drop counts: New algorithm tracks Texas"s daily reservoir evaporation rates
Summer can be an extra challenging time for Texas's 189 major water supply reservoirs. With temperatures consistently reaching 100 degrees or higher, reservoir evaporation rates see high increases......»»
Bird flu is bad for poultry and dairy cows: It"s not a dire threat for most of us—yet
Headlines are flying after the Department of Agriculture confirmed that the H5N1 bird flu virus has infected dairy cows around the country. Tests have detected the virus among cattle in nine states, mainly in Texas and New Mexico, and most recently i.....»»
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......»»
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......»»
Sonos headphones likely revealed in website slip-up
Sonos' unreleased headphones may have been inadvertently revealed by a European parts supplier......»»
Earthquakes are moving northeast in Midland Basin of Texas, scientists find
After analyzing seven years of earthquake data from the Midland Basin, a team of scientists at The University of Texas at Austin has found that seismic activity is probably on the move northeast toward the community of Big Spring......»»
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......»»
Magna adds 363 jobs at 3 operations in Michigan
Magna, the world’s fourth-largest auto supplier, will open an engineering center for lighting in Novi and an R&D center in Troy, while adding manufacturing capacity in Lyon Township, according to a statement last week......»»
American Axle Q1 revenue, profit climb
American Axle & Manufacturing increased revenue and profit in the first quarter thanks to steadier production from its customers. Net income swung to a $20.5 million gain from a $5.1 million deficit in the same period last year......»»
Rising mercury levels may contribute to declining Steller sea lion populations
A team of researchers from Texas A&M University and other institutions has made a surprising discovery about rising mercury levels in Steller sea lion pups that may have detrimental effects on the endangered species......»»
American Axle revenue, profit climb in first quarter
American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period,.....»»
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......»»
Julie Herrera buys another Texas store
City Limits Nissan is the first dealership Julie Herrera bought without the backing of her investor partner Cavender Auto Family of San Antonio......»»
Apple said to be stealing tech from expensive suppliers to give to cheaper ones
A new report claims that a supplier may develop new technology or new processes, only for Apple to — perfectly legally — take that work to a cheaper company, sometimes leaving the original one to go bankrupt.Apple has suppliers all over the world.....»»