How low can you go? Volkswagen throws down the emissions gauntlet
The German carmaker is betting it can absorb more stringent cuts than its rivals, sources familiar with the matter have said.
Toyota's March global sales hit record on U.S. and China recovery
Toyota's global sales and output rose for the seventh straight month on a year-on-year basis as it manufactured 843,393 vehicles in March, up 31.6%.
Volkswagen takes aim at Tesla with own European gigafactories
The world's No. 2 carmaker said on Monday it wants to have six battery cell factories operating in Europe by 2030.
When the fantasy of better battery science doesn’t match reality
The technical challenges of making better batteries (and therefore, electric vehicles) are enormous and the expectations associated with them are even more fantastical.
Bankers love their Porsche 911s. So let them buy shares.
While Porsche’s margins aren’t quite as stellar as Ferrari’s, in 2019 it supplied the VW group with a more than ample 4.2 billion euros of operating profit.
Toyota hikes full-year outlook as third-quarter net profit soars
The pandemic has taken a heavy toll on the global auto sector but demand recovered swiftly in the second half of last year.
Mazda expects chip shortage to cut February global output by 7,000 cars
Mazda Motor Corp. said Thursday its global production will be cut by 7,000 vehicles in February from its initial plan, as it will not be able to procure enough chips for key safety and environmental technology amid a global shortage. The automaker will review its ...
Toyota group tops global auto sales in 2020 for first time in five years
The firm's global annual sales recovered in its main markets such as China and the United States from the fall, posting increases for three consecutive months from October, it said.
Renault bolsters electric lineup after squandering sales lead
Renault SA’s promotional blitz for its growing electric lineup may be too late for the maker of Europe’s best-selling EV to stay atop the region’s expanding market for battery-powered cars. The French manufacturer and its partner Nissan Motor Co. have long enjoyed a first-mover advantage ...
Volkswagen aims to turn legions of SUV buyers into electric converts
The ID.4 electric vehicle will compete with the likes of Toyota’s RAV4, Honda’s CR-V and Subaru’s Forester.
Toyota likely the world's best-selling carmaker for January-June
Toyota alone globally produced 3.31 million units in the first half of 2020, down 28.6 percent from the previous year.
Sales of imported vehicles in Japan sank by record 46% in May
Unit sales have fallen for eight consecutive months since October 2019, when the consumption tax was hiked to 10 percent from 8 percent on Oct. 1.
