Toyota

Tesla Inc (NASDAQ:TSLA) stock soared after Donald Trump won the 2024 presidential election, helping CEO Elon Musk become the first person worth more than $400 billion. While Musk's political push and Trump friendship might have been good for the stock, a new report showed it could have hurt Tesla's...

The U.S. auto industry ended 2024 on a high note, selling nearly 16 million vehicles. That's a 2% bump from the previous year and the best numbers since 2019, when sales peaked at 17 million.  According to S&P Global Mobility, the recovery shows real momentum despite rising costs and...

Toyota Motor North America has weighed in on California’s ambitious new electric vehicle (EV) mandates, calling the goals “impossible” given the slow growth of EVs in America. Currently, only 9% of U.S. car buyers choose EVs and in many states, the adoption rates of EVs are even...

Toyota, the world's largest automaker, has stepped back on its ambitious electric vehicle (EV) targets, trimming its 2026 production goals by a third. Originally aiming to roll out 1.5 million EVs by that year, the company has lowered the bar to one million units. According to Nikkei, this move is...

The U.S. indices closed Wednesday in positive territory, with the Dow Jones Industrial Average increasing by 0.09% to 42,196.52, while the S&P 500 inched up 0.01% to reach 5,709.54. The Nasdaq also rose, up 0.08% to 17,925.12. These are the top stocks that gained the attention of retail traders...

In a significant development, Japanese automakers Toyota Motor Corp (NYSE:TM) and Nissan Motor Co (OTC:NSANY) have teamed up with Chinese tech behemoths Tencent Holdings Ltd (OTC:TCEHY) and Baidu Inc (NASDAQ:BIDU) respectively. The goal of these partnerships is to enhance their artificial...

Japanese automaker Toyota Motor Corp. (NYSE:TM) has unveiled a new hybrid engine for its 2025 4Runner SUV, marking the vehicle’s first redesign in nearly 15 years. What Happened: The 2025 4Runner will feature a hybrid engine for the first time, along with new high-end trims, “Platinum...

Gordon Johnson, CEO of GLJ Research, contrasted the affordability of plug-in hybrids to battery electric vehicles, spotlighting the cost benefits of the former. What Happened: On Thursday, Johnson discussed the automotive industry’s direction regarding electric vehicles (EVs) during CNBC...

In response to concerns over unexpected movement in certain vehicles, the U.S. National Highway Traffic Safety Administration (NHTSA) has announced a recall by Toyota Motor Corp (NYSE:TM) (7203.T). What Happened: On Tuesday, the NHTSA disclosed that Toyota would recall 280,663 pickup trucks and...

In a recent development, Toyota Motor Corporation (NYSE:TM) has issued a Do Not Drive advisory for specific models due to a Takata airbag recall. What Happened: On Wednesday, Toyota issued an immediate advisory against driving certain model year 2003-2004 Corolla, 2003-2004 Corolla Matrix, and...

Japanese automaker Toyota Motor Corp (NYSE:TM) has registered an impressive surge in its global production for November. The driving force behind this surge is the strong demand both within Japan and overseas. What Happened: Toyota’s worldwide production surged by 11% in November, reaching a...

Mazda Motor Corp.’s (OTC:MZDAY) global CEO, Masahiro Moro, expects that electric vehicles (EVs) will make up between a quarter and 40% of the automaker’s global sales by the end of the decade. What Happened: In a recent interview with Automotive News, Moro, who took over as global CEO...

The United Auto Workers (UAW) union is setting its sights on Tesla Inc. (NASDAQ:TSLA) and Toyota Motor (NYSE:TM) following successful negotiations with Detroit’s “Big Three” automakers. What Happened: Shawn Fain, the union’s president, is planning to use the momentum from...

Toyota Motor Corporation (OTC:TOYOF) has reported a significant year-on-year increase in its global sales and production for the first half of FY2024, attributing this rise to the easing of semiconductor shortages. According to a Monday announcement, the Japanese auto giant experienced record...

Renowned automaker, Toyota (OTC:TOYOF), is going to present an all-electric concept of their popular Land Cruiser SUV, among other innovative mobility solutions, at the 2023 Japan Mobility Show. As reported by The Verge, the Land Cruiser “Se” concept showcases an angular design...