Tag - carmakers

 
 

CARMAKERS

Toyota Motor and Nippon Telegraph and Telephone will spend ¥500 billion together on a project to develop the traffic accident prevention technology, and aim to commercialize it in 2028.
BUSINESS / Companies
Oct 29, 2024
Toyota and NTT to jointly develop driver assistance technology that uses AI
The ¥500 billion project will use artificial inteligence and optical communication infrastructure, aiming to commercialize by 2028.
General Motors CEO Mary Barrabefore an investor meeting in Spring Hill, Tennessee, on Oct. 8. Barra said that the company had fixed battery-manufacturing problems and that its electric vehicles would soon be profitable.
BUSINESS / Companies
Oct 24, 2024
Electric vehicles may be struggling. GM’s leader is still a believer.
General Motors CEO Mary Barra says the company is still committed to doing away with combustion engine cars in the United States by 2035.
Honda CR-V sports utility vehicles bound for shipment at a port in Yokohama in May 2022. Honda is recalling more than 720,800 vehicles in the U.S. over concerns that a high-pressure fuel pump may crack and leak fuel, the National Highway Traffic Safety Administration has said.
BUSINESS
Oct 23, 2024
Honda recalling 780,000 vehicles in North America on fuel pump concern
The recall includes certain Accord, CR-V Hybrid and Honda Civic vehicles from model years 2023-25, the National Highway Traffic Safety Administration has said.
The Zeekr Mix at the Beijing Auto Show
BUSINESS / Tech
Oct 21, 2024
Mixing hotpot with horsepower. Have Chinese car gimmicks gone too far?
A recent Zeekr campaign underscores the lengths Chinese EV makers will go to to stand out in an ultracompetitive market.
Toyota Research Institute and Boston Dynamics are set to conduct research on use cases for AI-trained robots in areas such as human-robot interaction.
BUSINESS / Companies
Oct 17, 2024
Toyota joins with Hyundai's Boston Dynamics on AI-powered robots
Toyota has said it has made a breakthrough with artificial intelligence in teaching robots to learn.
Renault R4 E-Tech electric cars are displayed during the media day at the 2024 Paris Motor Show on Monday.
BUSINESS
Oct 15, 2024
China-Europe rivalry heats up at Paris car show as EV tariffs loom
Struggling European automakers need to prove they are still in the game, while Chinese rivals are aiming to get a foothold in a competitive market.
A Haas F1 car branded with Toyota Gazoo Racing on Friday at Fuji Speedway in Shizuoka Prefecture
MORE SPORTS / Auto Racing
Oct 12, 2024
Toyota returns to F1 with Haas technical partnership
Toyota Gazoo Racing will become Haas' official technical partner with both parties sharing expertise, knowledge and resources.
Thursday night's electronic dance music-infused event had the signature trappings of Elon Musk's salesmanship, but some Tesla investors and experts said they were hoping for more concrete details.
BUSINESS / Tech
Oct 12, 2024
Tesla's robotaxi event was long on Musk promises. Investors wanted more details.
Concrete details on how the company plans to transform from an automaker into an autonomous driving and artificial intelligence titan were missing.
Tesla CEO and X owner Elon Musk rides in Tesla's robotaxi at an unveiling event in Los Angeles on Thursday.
BUSINESS / Tech
Oct 11, 2024
Tesla CEO Musk unveils Cybercab and Robovan as focus shifts to automation
Musk said Cybercab production will start in 2026, with the autonomous taxis available to buy for less than $30,000.
A showroom in Budapest for electric vehicles made by BYD, a Chinese auto manufacturer, on Sept. 16
BUSINESS / Tech / ANALYSIS
Oct 7, 2024
Climate change and economics muddy West's drive to curb Chinese EVs
EU states have voted to impose tariffs on electric vehicles made in China, but experts say this complicates the push to get cleaner cars on the road.
A Geely assembly line in Chengdu, China, in April 2023
BUSINESS
Oct 4, 2024
EU presses ahead with Chinese EV tariffs after split vote
The proposed duties on Chinese-built EVs of up to 45% would cost carmakers billions of extra dollars to bring cars into the bloc.
Toyota is delaying the start of production for its first U.S.-made electric vehicle until 2026.
BUSINESS / Companies
Oct 3, 2024
Toyota pushes production of first U.S.-made electric vehicle into 2026
The Japanese carmaker initially targeted late next year to begin output, but a company spokesperson said that has slipped by a few months into 2026.
Volkswagen expects to deliver fewer vehicles this year than in 2023 — its fourth annual sales slump in five years.
BUSINESS / Companies
Sep 30, 2024
Volkswagen’s second profit warning exposes a carmaker in decline
The company expects to deliver fewer vehicles this year than in 2023.
Shareholder support for Toyota Chairman Akio Toyoda slid after government probes uncovered fraudulent vehicle certifications at Toyota and its group companies.
BUSINESS / Companies
Sep 30, 2024
Opposition to Toyota’s chairman spreads among big shareholders
Akio Toyoda, the grandson of the company’s founder, saw shareholder support drop to 85% last year, a record low at the time, and then a further decline to 72% in June.
Toyota is recalling over 42,000 U.S. vehicles over loss of power brake assist that can extend the distance required to stop.
BUSINESS / Companies
Sep 27, 2024
Toyota to recall over 42,000 U.S. vehicles over loss of power brake assist
The recall affects certain 2023-2024 Corolla Cross Hybrid vehicles.
Toyota Chairman Akio Toyoda
BUSINESS / Companies
Sep 27, 2024
Toyota ends sponsorship with 'political' Olympics
The withdrawal means Olympics logos currently carried by Toyota products will be phased out, and its vehicles will no longer be provided to assist with the event.
A Toyota Rav-4 Prime charges at an electric vehicle charging station in New York on Sept. 3. Toyota's sales fell again in August after declines in Japan and China put an end to a short-lived recovery.
BUSINESS / Companies
Sep 27, 2024
Toyota production falls on vehicle safety scandals and U.S. recalls
Global output, including that of subsidiaries Daihatsu Motor and Hino Motors, dropped in August by 12.6% from a year earlier
The Jeep Avenger fully electric compact utility car debuted in Japan on Thursday.
BUSINESS / Companies
Sep 26, 2024
Jeep’s compact EV debuts in Japan as imported EVs take the lead
In Japan, gasoline and hybrid gas-electric cars remain the dominant powertrains of choice for local consumers.
Toyota added ¥200 billion to a ¥1 trillion stock repurchase plan announced in May, according to an exchange filing Tuesday.
BUSINESS / Companies
Sep 24, 2024
Toyota raises buyback to ¥1.2 trillion, citing share levels
The carmaker’s operating profit for the three months ended June 30 was ¥1.31 trillion, 17% higher than a year earlier.
Chevrolet Silverado 1500s and GMC Sierra 1500s make their way through an assembly line at the General Motors assembly plant in Fort Wayne, Indiana, on April 9.
BUSINESS
Sep 24, 2024
Biden administration proposes ban of Chinese and Russian car parts
The proposed ban is aimed at the sale and import of Chinese- and Russian-made hardware and software for connected vehicles.

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