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Related Special Reports
...GMO, TIC and Toyota Motor all declined to comment....
...The Society of Motor Manufacturers and Traders calculated that around £20bn of spending has been announced over the year, more than the previous seven years combined....
...It would allow Toyota to mass-produce solid-state batteries by 2027 or 2028....
...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....
...The UAW, established in the 1930s, last year won record pay increases for 146,000 members whom the union represents at Ford, General Motors and Stellantis after it launched six weeks of strikes against the...
...This followed an internal investigation which revealed that supplier Toyota Industries Corp had been manipulating test results to gain certification for its cars....
...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...
...The Qin hybrid is priced 40 per cent lower than Toyota’s Corolla, about a tenth lower than VW’s Lavida and about half that of other pure hybrid models such as Toyota’s Prius in the Chinese market....
...and Toyota Industries....
...However, the risk is if EV demand picks up quickly, through mass-market production for example, Toyota might not be ready to take advantage....
...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....
...However, others, including perhaps Toyota, think there is more going on....
...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...
...Toyota promised “a fundamental reform” to revive its subsidiary....
...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...
...Vine, a portfolio manager at M&G, a Toyota shareholder....
...It added: “We told Toyota (GB) to ensure their future marketing communications contained nothing that was likely to encourage irresponsible behaviour towards the environment.”...
...That suggests, say analysts, that there is room for upside in Toyota’s forecasts. Toyota said that for every ¥1 depreciation against the dollar, it benefits by ¥180bn....
...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....
...Big carmakers including Ford, General Motors and Tesla have paused plans to expand EV production in recent weeks....
...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...
...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....
...General Motors and Tesla have paused some of their EV expansion plans....
...Toyota, by production and sales, is the world’s number one automaker....
...Toyota is far from the only company investing in the technology. Nissan and Honda have their own programmes....
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