Toyota Motor US April sales down 4.7% to 192,348 vehicles
Toyota Motor US April sales down 4.7% to 192,348 vehicles
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Toyota Motor US April sales down 4.7% to 192,348 vehicles
BEIJING-- Volkswagen AG and ride-hailing giant Didi Chuxing are close to unveiling a joint venture to share technology and develop shared mobility services in China, according to people familiar with the situation.
New car sales in the European Union fell in March for the first time since 2014, as demand started to slow in some markets and continued to slump in the U.K., according to data published Wednesday. New car registrations, a reflection of sales, fell 5.3% to 1.79 million vehicles in March, said the European Automobile Manufacturers' Association, or ACEA.
Volkswagen AG's (VOW.XE) truck-and-bus unit and Toyota Motor Corp.'s (TM) Hino Motors Ltd. (7205.TO) plan to explore cooperation on research and technology in a move to save costs and improve their market positions.
Volkswagen AG's supervisory board is expected to vote on Friday to replace Chief Executive Matthias Müller with Herbert Diess, a former BMW AG executive who now runs the Volkswagen brand, the German car maker's biggest business, according to a person familiar with the situation.
General Motors Co. will end production of the Chevrolet Sonic subcompact car as early as this year, according to people familiar with the matter, part of a broader push by Detroit auto executives to abandon low-margin cars in favor of sport-utility vehicles.
To understand why the auto industry pushed the Trump administration to roll back emissions rules, take a spin in Ford Motor Co.'s flashy new Lincoln Navigator SUV. Revamped for 2018, the hulking sport-utility vehicle is designed for an era of low gasoline prices. Customers flocked to Lincoln dealerships in March and shelled out an average $81,000 for the latest Navigator, Ford said, nearly 50% more than the outgoing model.
TOKYO-- Toyota Motor Corp. and Suzuki Motor Corp. said they would team up in India, swapping models to help each other boost sales in the rapidly growing market. Toyota said it would provide its locally made Corolla sedan to Suzuki. In return, Toyota will get two of Suzuki's popular models to sell, the Baleno hatchback and the new Vitara Brezza sport-utility vehicle.
YOKOHAMA, Japan-- Nissan Motor Co. aims to sharply increase its electric vehicle sales over the next five years, leaning on the expected explosion of sales of battery-powered vehicles in China. In an ambitious bet on future demand, the Japanese auto maker said Friday that it aims to sell one million battery-powered vehicles per annum through the financial year ending March 2023.
Volkswagen AG will spend $340 million to manufacture a new sport-utility vehicle at a Tennessee assembly plant, according to a person familiar with the plan. The move is the latest in a string of investments planned by foreign auto makers in American factories that could help offset the pain of a potential trade war.
Owners of vehicles with rupture-prone Takata Corp. air bags sued four additional auto makers, accusing them of concealing defects in the safety devices now tied to numerous deaths and injuries. The legal complaints, filed on Wednesday in a Miami federal court, targeted Volkswagen AG, Daimler AG's Mercedes-Benz, Fiat Chrysler Automobiles NV and General Motors Co.
Auto sales fell sharply in February as tightening credit conditions, higher interest rates and stingy discounts drove up monthly payments and slowed the U.S. car business even as the broader economy remains strong.
Volkswagen and ride-hailing giant Didi Chuxing are close to unveiling a joint venture to share technology and develop shared-mobility services in China.
Institutions overseeing $30 trillion in assets want to know how rising temperatures could affect companies in their portfolios
The new Accord received rave reviews when it went on sale in October and won North American Car of the Year at the Detroit auto show in January, but the customers haven’t followed.
GM, Ford, Toyota and other big auto makers say they will rely on their Chinese partners to meet Beijing’s mandates for electric vehicles, using the joint venture arrangements that China has now agreed to phase out.
Volkswagen is planning its return to the U.S. bond market for the first time since its emissions scandal, a move that would seal a successful turnaround for the German auto maker.
CMA CGM buys into logistics; trading in cars; oil prices pumped up.
There’s a big reason why Japan doesn’t want to talk about a trade deal with Donald Trump: Its auto exports are booming.
General Motors replaced Johan de Nysschen as the head of its Cadillac brand, as executives push for a swifter turnaround at the one-time U.S. luxury auto leader.
Ransomware, phishing and financial pretexting continue to be among the most vexing cybersecurity problems facing organizations, according to the latest analysis from Verizon Communications Inc.
Japan has hundreds of years’ worth of rare-earth metal deposits in its waters, according to new research that reflects Tokyo’s concern about China’s hegemony over minerals used in batteries and electric vehicles.
The number of people who changed jobs has risen for seven straight years, reaching 3.11 million in 2017, as workers are lured by higher salaries and fewer hours amid a tighter employment market.
Volkswagen’s supervisory board is expected to vote on Friday to replace Chief Executive Matthias Müller with Herbert Diess, a former BMW executive who runs the VW brand.
The Trump administration is pursuing ways to protect domestic vehicle manufacturing by forcing imported cars to meet stricter environmental rules, a move that would make them more expensive.
The Japan Sumo Association apologized after an official ordered women to leave a sumo-wrestling ring where they were giving first aid to a man with a brain hemorrhage.
American auto makers are embarking on a historic shift away from passenger cars, as more-profitable sport-utility vehicles and pickup trucks continue to expand their share of the market.
The promotion is another example of a CIO taking on a greater leadership role as technology becomes the foundation for new business models.
Detroit auto makers reported significant gains in U.S. auto sales in March, as the trend toward SUVs and pickup trucks reinforced the push for less-demanding fuel-economy standards.
The EPA said it is easing vehicle-emissions standards, saying the Obama administration set rules that are too stringent. The agency is also re-examining the waiver California has from federal authority that allows it to set its own, higher standards.
Tesla acknowledged its semiautonomous Autopilot system was engaged by the driver in the seconds before a fatal crash last week, raising more questions about the safety of self-driving technology on public roads.
China has made self-driving auto technology a national priority, but the recent U.S. fatality involving an autonomous test car is prompting calls for the Chinese government to slow down those efforts to ensure public safety.
Ford and Ram reported monthly pickup truck sales Tuesday morning that were moving in opposite directions. GM no longer reports monthly sales.
EV Company News For The Month Of April 2018
According to the data as of April 27, 2018, ~62% of the analysts covering Honda have given it “buy” recommendations.
Honda Motor Company (HMC) reported its fiscal 2018 results on April 27, 2018.
Volkswagen and ride-hailing giant Didi Chuxing are close to unveiling a joint venture to share technology and develop shared-mobility services in China.
China's planned lowering of import duty on cars may help foreign automakers given that it is the second largest market for cars exported from the United States.
General Motors And Ford Envisage A Strong Chinese Market Presence
Ford's decision to concentrate its manufacturing efforts on its Focus passenger car and array of trucks and SUVs may have been made with little input from its dealer network.
Stocks To Watch: Apple, FOMC And China On Tap
No large car manufacturer is expected to post results as poor as Ford's. The numbers tell why Ford is expected to exit the car market altogether in favor of trucks and sport utility vehicles.
Year-over-year rise in vehicle deliveries and powerpack deployments might boost Tesla's (TSLA) revenues in first-quarter 2018.
In 1Q18, Ford Credit’s net receivables rose 11% to $148 billion from $133 billion in 1Q17.
The new Accord received rave reviews when it went on sale in October and won North American Car of the Year at the Detroit auto show in January, but the customers haven’t followed.
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Toyota Motor Corp. engages in the manufacture and sale of motor vehicles and parts. It operates through the following segments: Automotive Operations, Financial Services, and All Other. The Automotive Operations segment designs, manufactures, assembles and sells passenger cars, minivans, trucks, and related vehicle parts and accessories. It is also involved in the development of intelligent transport systems. The Financial Services segment offers purchase or lease financing to Toyota vehicle dealers and customers. It also provides retail leasing through lease contracts purchase by dealers. The All Other segment deals with the design and manufacture and sale of housing, telecommunications and other businesses. The company was founded by Kiichiro Toyoda on August 28, 1937 and is headquartered in Toyota, Japan. (See Full Profile)
Name | Chg % | Market Cap |
---|---|---|
Tesla Inc. | $49.65B | |
Volkswagen AG Pfd. ADR | $103.21B | |
Volvo AB Series B | $36.4B | |
Honda Motor Co. Ltd. ADR | $62.36B | |
Nissan Motor Co. Ltd. ADR | $44.42B |