Toyota full-year net profit beats forecast
Top-selling automaker Toyota said Wednesday that its full-year net profit beat expectations and projected better sales and revenue for the year ahead as supply chain disruptions ease.
May 10, 2023
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Automotive
Top-selling automaker Toyota said Wednesday that its full-year net profit beat expectations and projected better sales and revenue for the year ahead as supply chain disruptions ease.
May 10, 2023
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10
Automotive
Volkswagen profits fell 30% in the first three months of the year despite booming business in Europe and North America because sales dropped in China, where the German automaker is facing increasing competition from homegrown ...
May 4, 2023
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Automotive
The Toyota Prius, which has become synonymous with hybrid cars the past 20 years, is fresh off a full redesign for 2023. The prior generation's oddball styling, quirky interior and feeble powertrain are now in the rearview ...
Mar 15, 2023
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Automotive
French automaker Renault said Thursday it boosted manufacturing profitability in 2022 but the sale of its operations in Russia pushed the company into a net loss.
Feb 16, 2023
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Automotive
Japan's Toyota left its annual forecasts unchanged on Thursday despite ongoing disruption from the global chip shortage, as the cheaper yen offsets the impact of soaring materials prices.
Feb 9, 2023
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Automotive
French automaker Renault and Japanese partner Nissan said on Monday they were opening a "new chapter" in their tension-marred alliance as they signed a deal to reboot their 24-year relationship.
Feb 6, 2023
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Business
French automaker Renault will slash its stake in Japanese partner Nissan as part of a deal rebalancing the rocky alliance between the two companies, the firms said Monday.
Jan 30, 2023
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Automotive
Japan's Toyota was the world's top-selling automaker in 2022, retaining its lead over German rival Volkswagen for the third year, company data showed Monday.
Jan 30, 2023
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Business
Dwindling government income from car sales may mean the introduction of taxes on electric vehicles (EV) in 2023, according to a leading operations expert.
Jan 10, 2023
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Energy & Green Tech
As part of its goal to achieve net-zero emissions by 2050, Canada has introduced new regulations to mandate one-fifth of all vehicles sold in Canada be electric by 2026.
Jan 9, 2023
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A hybrid vehicle is a vehicle that uses two or more distinct power sources to move the vehicle. The term most commonly refers to hybrid electric vehicles (HEVs), which combine an internal combustion engine and one or more electric motors.
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