Toyota jumps 21%, Lexus up 15% in Q1 on booming hybrid sales

2April 2024

Toyota jumps 21%, Lexus up 15% in Q1 on booming hybrid sales

Improved inventory and red-hot hybrid demand credited for boosting Toyota’s sales in March and Q1....

2April 2024

Tesla Q1 deliveries fall 8.5% to 386,810 as demand cools and EV competition heats up

Tesla produced 433,371 vehicles globally in the first quarter, the company said. In the U.S.,...

2April 2024

Rivian Q1 deliveries rise 71% to 13,588, ‘in line’ with its forecast

The EV maker reaffirmed its guidance for annual production of 57,000 vehicles for the 2024...

2April 2024

Buick makes 2024 Envision safer, more stylish

Production began at the end of March in China, and the Envision will go on...

2April 2024

Renault said to start development of new Twingo, a rival to low-cost Chinese EVs

A 2026 production start is targeted for the entry-level EV that may be shared with...

2April 2024

Used-vehicle sales get tax refund lift, Cox says

Used-vehicle retail transactions grew weekly from late January to March 14, an indication of the...

2April 2024

Metro Toyota in Cleveland suburbs acquired by Victory Auto Group

Victory Auto is privately held and led by founder Jeffrey Cappo. It represents 14 auto...

2April 2024

EPA emissions rule still goes too far, industry leaders say

The rule, though less stringent than proposed regulation, outpaces consumer demand, speakers said at the...

2April 2024

March U.S. sales edge up at Hyundai, slip again at Kia

U.S. light vehicles sales are projected to rise 4.7 percent to 12 percent in March,...

2April 2024

EV startup Canoo’s 2024 revenue forecast disappoints, shares tumble

The company reported a net loss of $302.6 million for the year ended Dec. 31,...

2April 2024

BMW to form SDV joint venture with India’s Tata Technologies

BMW said the venture will leverage Tata Technologies’ digital engineering expertise and talent pool in...

1April 2024

U.S. traffic deaths down 3.6% in 2023 but remain above pre-pandemic levels

NHTSA estimated that 40,990 people died in traffic crashes last year compared to 42,514 deaths...

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