Hints and tips:
Related Special Reports
...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....
...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...
...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....
...Supply chain shortages tightened the inventory of new cars, and amid the crunch, carmakers stopped subsidising leases. EVs also depreciate faster than gas-powered cars....
...“We’re not Ford, GM and Chrysler building these $30, $40 or $50,000 cars,” he said. “Our cars are $100,000-plus. So why would we not deserve this? Because we live in Alabama?...
...That puts BYD in direct competition with gasoline cars....
...This followed an internal investigation which revealed that supplier Toyota Industries Corp had been manipulating test results to gain certification for its cars....
...General Motors has announced plans to return “significant capital” to shareholders as the US carmaker seeks to move past difficulties with its ambitions for electric vehicles and driverless cars and from...
...Ford’s forecast comes a day after rival General Motors reinstated its guidance and warned of similar cost pressures, but cheered investors with plans for a $10bn share buyback....
...Rivian went public in late 2021 with a market capitalisation of more than $100bn — bigger than Ford and General Motors....
...Ford has scaled back plans for an EV battery plant, while General Motors and Tesla have paused some of their EV expansion efforts....
...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....
...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....
...Ford, General Motors and Tesla have all pumped the brakes on expanding EV production capacity in recent weeks....
...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...
...The company made 80,000 fewer cars and trucks than it otherwise would have churned out during the days workers were on strike, said Ford chief financial officer John Lawler....
...General Motors chief executive Mary Barra lambasted the autoworkers union after workers rejected Detroit carmakers’ offers and went on strike to try for a better deal....
...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....
...time of 2.78 seconds, which Counterpoint Research smartphone analyst Ivan Lam attributed to Xiaomi’s “perfect” partnerships with a range of suppliers, including battery giants CATL and BYD and electric motor...
...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...
...The carmakers need billions of dollars to invest in plants and tooling to build battery-powered cars and trucks....
...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...
International Edition