Hints and tips:
...to Toyota plan to sell more hybrid vehicles in the coming years....
...Toyota, the world’s biggest carmaker by annual unit sales, has laid out plans to sell 3.5mn battery powered vehicles every year from 2030....
...Yet the company increased output, sales soared, and shares rose past those in Toyota, topping $1tn in overall market value....
...This forecast puts the company in pole position, ahead of some of the automotive world’s largest players, including Toyota and General Motors, who caution that their electric cars are years away — perhaps...
...He forecasts it could still be worth a lofty $45bn — close to where General Motors trades today....
...Additional reporting by Peter Campbell...
...Leo Lewis and Kana Inagaki are FT Tokyo correspondents, David Keohane is an FT Paris correspondent and Peter Campbell is the FT’s global motor industry correspondent Follow @FTMag on Twitter to find out...
...“Nio’s disappointing sales reflect not a failure of product but an inability to persuade consumers that a Nio should be considered alongside an Audi or a Tesla.”...
...Greg Clark, business secretary, told the Financial Times there were “grounds for optimism” with the British car industry, noting how Toyota decided in 2017 to invest £240m in new tooling equipment at its...
...Other international automakers including Mercedes, General Motors, Volkswagen, Toyota and Hyundai also had models included on the list, alongside domestic automakers like BYD....
...Lexus sales were less than a third of that. Even in Japan, German brands sell well. There, new car sales continue to slow....
...Yet competing in this market — something that companies such as the Nissan-Renault-Mitsubishi Alliance and General Motors aim to do — takes vehicle manufacturers far out of their comfort zone....
...Additional reporting by Peter Campbell in London...
...Pick-ups and SUVs eclipse electric cars at Detroit show A chill wind blew through the motor industry this week at the Detroit motor show, writes Peter Campbell in Detroit....
...It once built the Prius in Thailand, but stopped in response to poor sales. Toyota’s line-up also includes the hybrid version of its Camry midsize sedan, still made in Thailand....
...Toyota/Mazda Shortly before he took office, Mr Trump threatened Toyota with tariffs over its plans to build a new factory in Mexico....
...Reporting by Sarah Gordon, Leo Lewis, Kana Inagaki, Peter Campbell, Guy Chazan, Stefan Wagstyl and David Bond...
..., writes Peter Campbell....
...Daimler’s semi-driverless technology is among the most developed currently on sale....
...“It was the biggest challenge we’ve ever faced,” says Jim Campbell, who joined the plant from a local garage 31 years ago and has worked his way up to become global senior expert at Nissan Motor Manufacturing...
...Larger rivals to the French carmaker — such as Toyota, General Motors and Volkswagen — have been entering partnerships with various car-hailing technology groups, such as Uber, Lyft and Gett....
...Earlier in the year, General Motors took a $500m stake in Lyft, the US ride-hailing service....
...VW said it wanted “to generate a substantial share of its future sales revenue from new business models focused on mobility services”....
...On the same day that VW announced its Gett investment, Toyota also revealed it had taken an undisclosed stake in Uber....
...In the middle of last year, Mr Robson began pitching it to the world’s top auto component and carmakers, including General Motors, Volkswagen and Toyota. About a dozen said they were interested....
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