Thursday, 19 September 2024

Focus on Toyota Motor Corporation

FILE PHOTO: Tesla's Model 3 is displayed during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Angelika Warmuth/File Photo
AnalysisBusinessElectric VehiclesIn-DepthManufacturing

Analysis: Rough road ahead for US EV makers despite upbeat quarterly sales

Demand for EVs has grown more slowly than expected due to high borrowing costs, economic uncertainty and consumer preference for gasoline-electric hybrids.

FILE PHOTO: A Toyota Logo is seen at a Toyota dealership in Zaventem, Belgium, November 25, 2022. REUTERS/Johanna Geron/File Photo
AutomotiveBusinessFinanceIndustryManufacturingNewsTransport

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.

FILE PHOTO: The Honda logo is displayed at the 44th Bangkok International Motor Show in Bangkok, Thailand, March 23, 2023. REUTERS/Athit Perawongmetha/File Photo
AutomotiveBusinessFinanceNews

Major Japanese insurers to offload $3.1 billion of Honda shares, sources say

The move comes as the unwinding of cross-shareholding practices accelerates.

FILE PHOTO: The Toyota logo is pictured at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, March 22, 2022. REUTERS/Athit Perawongmetha/File Photo
AutomotiveBusinessElectric VehiclesNewsTransport

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.

FILE PHOTO: A Toyota logo is seen at the New York International Auto Show Press Preview, in Manhattan, New York City, U.S., March 27, 2024. REUTERS/David Dee Delgado/File Photo
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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.

FILE PHOTO: Visitors view an MG EV car at the 45th Bangkok International Motor Show in Bangkok, Thailand, March 25, 2024. REUTERS/Chalinee Thirasupa/File Photo
AutomotiveBusinessElectric VehiclesNewsTransport

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

FILE PHOTO: The Joby Aviation logo is seen outside of the New York Stock Exchange (NYSE) ahead of their listing in Manhattan, New York City, U.S., August 11, 2021. REUTERS/Andrew Kelly/File Photo
AviationBusinessElectric VehiclesNewsPublic TransitRegulationsTransport

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

An engine being tested by GE Aerospace as part of a technology demonstrator project for hybrid electric engines for future single-aisle jets is seen in this undated handout image obtained by Reuters on June 18, 2024.  GE Aerospace/Handout via REUTERS
AviationClimateElectric VehiclesEmissionsNewsTransport

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...

FILE PHOTO: Elon Musk attends the Breakthrough Prize awards in Los Angeles, California, U.S., April 13, 2024. REUTERS/Mario Anzuoni/File Photo
AutomotiveBusinessElectric VehiclesFinanceNewsTransport

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...

FILE PHOTO: The Honda Motor logo is pictured at the 43rd Bangkok International Motor Show, in Bangkok, Thailand, March 22, 2022. REUTERS/Athit Perawongmetha/File Photo
BusinessElectric VehiclesNewsTransport

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.

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