Toyota market capitalization hits Japan record as stock surges

9February 2024

Toyota market capitalization hits Japan record as stock surges

Toyota passes an impressive milestone in Japan, becoming the nation’s first company to top the...

9February 2024

Subaru names Nobuyuki Bando new U.S. plant CEO, Scott Brand COO

Nobuyuki Bando succeeds Ryota Fukumizu, who will return to Japan to a leading role in...

8February 2024

Lexus takes No. 1 spot in J.D. Power dependability survey for second year

Toyota was also the highest-performing mass-market brand in dependability, according to the survey, dethroning Kia,...

8February 2024

EV pullback hits BorgWarner revenue, earnings

Supplier BorgWarner’s Earnings fell short of expectations, leaving investors with questions about the supplier’s exposure...

8February 2024

Rookie Rivian comes out on top for EV satisfaction in Consumer Reports survey

Rivian’s R1T and R1S outscored Tesla in the Consumer Reports survey. Rivian also topped Mini,...

8February 2024

Ford adjusts strategy as EV losses mount

CEO Jim Farley said Ford may postpone some EV launches and is assessing whether to...

8February 2024

BYD to supply EVs to European car leasing company Arval

The deal will accelerate BYD’S expansion in Europe....

8February 2024

Jaguar Land Rover slows EV rollout as electric car demand cools

Jaguar Land Rover is making more plug-in hybrids available amid a ‘surprising’ uptick in demand,...

8February 2024

GM hires Kurt Kelty, formerly of Tesla, to lead automaker’s EV battery strategy

Kurt Kelty will be tasked with leading GM’s overall approach to EV batteries, including sourcing...

8February 2024

Asbury Q4 net income down 84%; company trims revenue goal

Asbury Automotive Group Inc. Q4 2023 earnings: ABG saw net income fall 84 percent year-over-year...

8February 2024

Proposed Virginia legislation aims to limit buy-sell approval time

The head of the Virginia Automobile Dealers Association said this legislation, if signed into law,...

8February 2024

EV sales would benefit from more auto show exposure

Electric vehicles sales could account for 10 percent of the market in 2024, but getting...

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