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...Toyota has pledged to invest R$11bn ($2.2bn) in Brazil by the end of the decade, boosting president Luiz Inácio Lula da Silva’s goal to revive manufacturing in the South American nation....
...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....
...Sales in North America and Europe were especially strong....
...President Joe Biden’s only hope for re-election, Wolf argues, is to persuade American voters of his impressive record on the US economy....
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...A version of this article was first published by Nikkei Asia on May 1. ©2024 Nikkei Inc. All rights reserved....
...In contrast, Toyota’s stock price has rallied more than 44 per cent in the same period....
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...The transaction is also the latest in a series of takeovers in the UK motor retail sector where consolidation has meant only Vertu and Caffyns remain....
...The Toyota group, which includes Hino and Daihatsu, still targets 11.4mn vehicle sales for the full year, with an increasing share coming from North America....
...Smaller companies play a big role in Japan’s electric vehicle battery supply chain, indirectly supporting the likes of Toyota Motor and Tesla....
...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....
...He added: “What this means for the charging network, [North American Charging Standard] NACS, and all the exciting work we were doing across the industry, I don’t yet know....
...to Toyota plan to sell more hybrid vehicles in the coming years....
...The legislative dodge undercuts the law’s intent to bolster North American EV manufacturing while upholding its climate change goals by giving consumers more choices to go electric....
...Big carmakers including Ford, General Motors and Tesla have paused plans to expand EV production in recent weeks....
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...Bill Ford spoke on Monday as members of the United Auto Workers union continued to strike at plants owned by his company, and by General Motors and Stellantis....
...This month, the city is celebrating its resurgence with a truly historic winter of American football....
...Toyota Motor, the world’s largest automobile group, plans to start selling EVs equipped with solid-state batteries by 2027 or 2028....
...About two-thirds of American companies are incorporated in Delaware, attracted to the small, mid-Atlantic state by its sophisticated legal system....
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