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Toyota Motor Corp
Toyota explores UK investments after hybrid ban postponed
...The UK’s decision to allow new petrol, diesel and hybrid car sales to continue until 2035 and to make it easier for carmakers that miss EV sales targets to avoid fines, has helped the Japanese group “remain...
December 4, 2023
LexNissan Motor Co Ltd
This Nissan-Honda team will struggle to match EV rivals Premium content
...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....
March 18, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
LexToyota Motor Corp
Toyota testing scandals overshadow top sales ranking Premium content
...They pushed global group sales, including subsidiaries Daihatsu Motor and Hino Motors, up 7 per cent to a record 11.2mn cars last year, the company said on Tuesday. Output grew 9 per cent to 11.5mn....
January 30, 2024
Toyota Motor Corp
Toyota raises profit forecast as hybrid sales soar
...In the third quarter, hybrid sales increased 47 per cent year on year to 951,000, as total vehicle sales rose 10 per cent....
February 6, 2024
Inside BusinessJune Yoon
BYD’s $230,000 electric sports car signals plan to take on VW and Toyota
...Total hybrid sales of about 1.2mn cars matched EV sales figures. For Toyota, hybrid sales increased 47 per cent year on year in the December quarter, far outpacing total group sales growth of a tenth....
March 5, 2024
Toyota Motor Corp
Toyota chair apologises for faulty data scandals and promises action
...Toyota chair Akio Toyoda has said he takes full responsibility for a spate of scandals at some of the group’s closest affiliates and will “take action” as the world’s largest carmaker by sales tries to regain...
January 30, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
Electric vehicles
MG’s Chinese owner and Indian steelmaker JSW team up to build EVs
...MG’s EV sales in India are a distant second to Tata, which controls roughly 70 per cent of the nascent market, according to GlobalData....
March 20, 2024
News in-depthElectric vehicles
Was Toyota’s bet on hybrid cars right all along?
...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...
February 26, 2024
LexToyota Motor Corp
Toyota: Daihatsu’s crash test dummies fail risk inspection Premium content
...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....
December 20, 2023
News in-depthToyota Motor Corp
Toyota’s $2bn Denso share sale spurs hopes of governance revolution for Japan
...Toyota has been considering portfolio sales since 2016 but Denso will be the biggest unwinding so far....
December 5, 2023
Inside BusinessDavid Keohane
A crash test scandal is prompting changes at Toyota
...After Daihatsu revealed last year widespread problems with crash safety testing dating back more than three decades, the world’s biggest carmaker by sales has been scrambling to deal with the fallout....
January 24, 2024
Toyota Motor Corp
Strong demand from US and Europe helps Toyota hit annual production record
...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...
December 27, 2023
Toyota Motor Corp
Toyota profits double on strong sales and weakening yen
...More broadly, its electrified vehicles, of which hybrids still make up the lion’s share, are expected to account for 37.2 per cent of sales....
November 1, 2023
Albemarle Corp
Top lithium producer Albemarle downgrades 2030 demand forecast as EV shift slows
...The downgrade by Albemarle highlights how the slowdown in EV sales is likely to have ripple effects through to the end of the decade....
February 16, 2024
Xiaomi Corp
China’s smartphone maker Xiaomi bets on EVs even as Apple pivots
...While EVs now account for about one-third of new car sales in the world’s biggest car market, analysts and executives have predicted a period of consolidation to hit both legacy carmakers and scores of newer...
March 29, 2024
FT Live
Finance Disrupted at TNW Conference
Shaking The Foundations Of Finance | Formerly Future of Finance
Thursday, 20 JuneAmsterdam, Netherlands
US economy
US retail sales fall less than expected in sign of consumer resilience
...The retail control group, which excludes building materials, motor vehicle parts and petrol station sales, rose 0.2 per cent, matching economists’ expectations....
November 15, 2023
Automobiles
Mitsubishi suspends China production as car sales plunge
...The joint venture, known as GAC Mitsubishi Motors, saw its sales peak at 144,000 units in 2018 and fall to 33,600 units last year....
July 14, 2023
The Week Ahead
Pakistan elections, peak earnings season and lunar new year
...Q2, Handelsbanken FY, Hilton Worldwide Holdings Q4, Mattel Q4, News Corp Q2, The New York Times Company Q4, Nippon Steel Q3, Ørsted FY, Pandora Q4, Securitas FY, Smurfit Kappa FY, Suzuki Motor Q3, TotalEnergies...
February 4, 2024
Bank of America Corp
Bank of America’s bet on trading is paying off. Why don’t investors care?
...In late May, BofA bought a $1.2bn block of stock of electric vehicle start-up Lucid Motors, days before its shares started sliding when a deal was announced, potentially creating a big loss for the bank....
December 24, 2023
Electric vehicles
Toyota takes on Tesla’s gigacasting in battle for carmaking’s future
...General Motors chief executive Mary Barra said this year that the company had ordered two “giga press” machines with the intention of using the technology for mass-market vehicles....
November 6, 2023
The Week Ahead
A run of elections while the WTO gathers in Abu Dhabi
...Switzerland: the 2024 Geneva International Motor Show opens, running until the weekend....
February 25, 2024
The Big Read
Formula One’s growing pains
...It was not just the teams’ lack of profitability that worried him but the dynamics of the motor racing series as a whole....
March 1, 2024
Panasonic Corp
Panasonic blames lacklustre Tesla demand for cut to profit outlook
...The unit recorded sales of ¥185bn, not including subsidies, compared with ¥2.1tn for the entire group....
October 30, 2023
Toyota Motor Corp
Toyota profits surge as carmaker holds its own in China
...But the group, which also owns Mini and Rolls-Royce Motor Cars, said its auto margin in the second quarter of the year had been 9.2 per cent, which was below the 10 per cent that analysts had forecast....
August 1, 2023
LexToyota Motor Corp
Toyota/China: job cuts and falling sales show brand is struggling Premium content
...Toyota sales in China fell 9 per cent in the first half. Peers Honda and Nissan have also posted weak sales in China lately. Mitsubishi Motors suspended its China operations this month....
July 25, 2023

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