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...TIC had followed Hino Motors and Daihatsu in becoming the third Toyota company to disclose widespread problems with testing data, specifically for its car and fork-lift truck engines....
...The US car company, which had previously called for a transparent and rapid investigation, declined to comment on the latest allegations....
...hybrid cars, a senior executive has said....
...If successful, Toyota expects its electric cars powered by solid-state batteries to have a range of 1,200km — more than twice the range of its current EVs — and a charging time of 10 minutes or less....
...Honda is falling further behind in the battery EV race after scrapping a $5bn plan to develop affordable battery-powered cars with General Motors last year....
...During this transition, automakers able to build a balanced portfolio of electric, gasoline, and hybrid offerings will outperform their peers. june.yoon@ft.com...
...In a US hybrid market mainly dominated by Toyota, Honda and the South Korean duo of Kia and Hyundai, domestic manufacturers are racing to catch up.Last month General Motors, which had largely phased out...
...This followed an internal investigation which revealed that supplier Toyota Industries Corp had been manipulating test results to gain certification for its cars....
...The alliance also includes smaller partner Mitsubishi Motors....
...Rising sales of hybrid cars helped Toyota beat estimates in the third quarter as the world’s largest automaker raised full-year profit forecasts and provided further vindication of its bet on the technology...
...Daihatsu Motor may have failed in this duty of care. Toyota has suspended all shipments from its subsidiary after a probe revealed manipulated test results....
...Used-car costs have, in contrast, declined. They were down 3.7 per cent in January, while new car costs were mostly stable (up 0.3pc)....
...Toyoda on Tuesday apologised and said he “wanted to be the person that takes full responsibility” following recent disclosures of widespread problems with testing data at three affiliates: Hino Motors, Daihatsu...
...EVs, a technology in which China is seizing a global lead, have been slow to take off in India, in part because the models available are more expensive than combustion-engine cars....
...Not only could the scandal force Daihatsu and Toyota to redesign the affected car platforms but it could also force changes to the group’s sprawling web of affiliates and suppliers....
...In 2021, the FCA banned discretionary commission arrangements, where car dealers are able to set the interest rates in customer contracts....
...The short statement came after German newspaper Handelsblatt published allegations that VW’s joint venture with the Beijing-owned carmaker SAIC used forced labour when building a test track for cars in the...
...Start-ups developing future forms of transport such as space planes, drones and flying cars are emerging in central Japan’s Aichi prefecture, home to Toyota Motor and its suppliers, driven by a sense of...
...Tesla, Ford and General Motors have all delayed expanding their EV production capacity because of slower consumer adoption in the US including pushing back electrified versions of pick-up trucks, which would...
...For example, US carmaker General Motors has committed to selling only electric vehicles by 2035, presenting its legal team with many challenges....
...The UK car industry is “back in the game” after securing £24bn of new investment pledges last year, the motor trade body said on Thursday, more than the combined total for the previous seven years....
...Global sales for the broader Japanese group, which includes van and truck maker Hino Motors and compact brand Daihatsu Motor, also increased 7 per cent to 10.2mn vehicles, putting it on track to become the...
...He added that the company was not aware of the pressures placed on Daihatsu employees as its subsidiary increased overseas production of compact cars for Toyota and other carmakers....
...“Everyone” was getting out of the market for small combustion engine cars because “nobody is able to produce [them] profitably”, De Meo said. “Polo is out, Fiesta is out, everyone is out.”...
...It was not just the teams’ lack of profitability that worried him but the dynamics of the motor racing series as a whole....
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