Toyota’s Q2 US auto sales up 9% on SUV demand
The company, a unit of Japan's Toyota Motor Corp, sold 621,549 vehicles in the quarter, compared with 568,962 units a year earlier.
Major Japanese insurers to offload $3.1 billion of Honda shares, sources say
The move comes as the unwinding of cross-shareholding practices accelerates.
Toyota to launch first EV with advanced self driving system for China in 2025
Toyota is planning to launch its first EV equipped with an advanced autonomous driving system for the Chinese market next year.
Toyota sold $2 billion worth of cross-held listed shares in FY2023/24, filing shows
The scope of Toyota's cross-shareholding is being closely watched by the market.
Chinese automakers retain grip over Southeast Asia’s booming EV market
EV sales are surging in Southeast Asia, led by China's BYD and Vietnam's VinFast Counterpoint Research said on Friday
Joby Aviation says FAA gives nod for in-house software for air-taxi operations
Joby Aviation said Thursday the US aviation regulator has authorized use of in-house software for air-taxi operations
GE Aerospace developing hybrid engines for single-aisle jets
GE Aerospace is developing a hybrid electric engine with the hopes it will power next-generation narrow-body jets by the middle of the next...
Musk wins pay approval but still faces Tesla’s floundering stock and rich valuation
Tesla shareholders approved CEO Elon Musk's $56bn pay package, but the electric car maker's stock remains richly valued even after several years of...
Japan’s Honda to start selling micro-sized electric vans in October
Honda is the latest company set to launch in the small electric van market.
Japan auto safety scandal widens, Toyota halts some shipments
A safety test scandal at Japanese automakers widened on Monday, with Toyota Motor and Mazda both halting shipments of some vehicles after Japan's...
