Sunday, December 22

Tag: Toyota Motor

Many Car Dealers Are Getting Nervous About EV Push
10Dec By adminNo Comments
World

Many Car Dealers Are Getting Nervous About EV Push

Auto dealers across many parts of the country say electric vehicles are becoming too hard a sell for buyers worried about the range, reliability and price of these models.When Paul LaRochelle heard Ford Motor was coming out with an electric pickup truck, the dealer was excited about the prospects for his business. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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China’s Latest EV Stocks Face Uncertain Reception in New York
29Nov By adminNo Comments
Money

China’s Latest EV Stocks Face Uncertain Reception in New York

Electric vehicles have really taken off in China, but so has competition. That is the conundrum investors face as they size up the latest EV brands pitching their growth prospects in New York.Lotus Technology is in the final stages of a merger with a Nasdaq-listed special-purpose acquisition company that values it at $5.5 billion. This week it said investors had committed $870 million to the deal, a step toward closure. Zeekr Intelligent Technology Holding, which raised money in February at a $13 billion valuation, filed its registration statement earlier this month for a U.S. initial public offering.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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China’s Latest EV Stocks Face Uncertain Reception in New York
29Nov By adminNo Comments
World

China’s Latest EV Stocks Face Uncertain Reception in New York

Electric vehicles have really taken off in China, but so has competition. That is the conundrum investors face as they size up the latest EV brands pitching their growth prospects in New York.Lotus Technology is in the final stages of a merger with a Nasdaq-listed special-purpose acquisition company that values it at $5.5 billion. This week it said investors had committed $870 million to the deal, a step toward closure. Zeekr Intelligent Technology Holding, which raised money in February at a $13 billion valuation, filed its registration statement earlier this month for a U.S. initial public offering.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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UAW Workers at GM’s Largest Plant Back Labor Pact, Boosting Deal’s Chances
15Nov By adminNo Comments
World

UAW Workers at GM’s Largest Plant Back Labor Pact, Boosting Deal’s Chances

A majority of workers at General Motors’ largest U.S. factory voted in favor of a tentative contract with the United Auto Workers, bolstering the deal’s chances for approval as a tight vote enters its final hours.Workers at GM’s factory in Arlington, Texas, which makes large SUVs including the Cadillac Escalade and Chevrolet Tahoe, voted yes by more than 60%, according to Wednesday results from the local union chapter.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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New Toyota Camry to Be Sold Only as Hybrid
15Nov By adminNo Comments
World

New Toyota Camry to Be Sold Only as Hybrid

Nov. 14, 2023 10:00 pm ETToyota Motor is taking America’s bestselling sedan and making it exclusively a hybrid.When the next-generation Camry hits dealership lots in the spring, the popular midsize-car model will only be available with this technology, marking a major shift by Toyota in moving beyond the traditional gas-engine vehicle. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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UAW Urges Honda, Subaru Workers to Join Union
11Nov By adminNo Comments
World

UAW Urges Honda, Subaru Workers to Join Union

Updated Nov. 10, 2023 12:17 pm ETThe United Auto Workers is mounting union-organization drives at Honda Motor and Subaru by asking workers to sign authorization cards indicating that they would like to join the union.The union on Friday posted links to social-media site X that included online forms workers at Honda and Subaru in the U.S. can fill out to express their support for UAW representation.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Toyota Recalls More Than 1.8 Million RAV4 SUVs Over Battery Fire Risk
3Nov By adminNo Comments
World

Toyota Recalls More Than 1.8 Million RAV4 SUVs Over Battery Fire Risk

Updated Nov. 2, 2023 10:29 am ETToyota Motor is recalling more than 1.8 million RAV4 vehicles over a potential fire risk, the company said.Batteries in certain RAV4 cars from the model years 2013 to 2018 are too small which could cause them to shift during forceful turns and possibly catch fire, the carmaker said in a statement Wednesday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Toyota Motor Nearly Tripled Second-Quarter Profit
1Nov By adminNo Comments
World

Toyota Motor Nearly Tripled Second-Quarter Profit

Updated Nov. 1, 2023 1:49 am ETToyota Motor raised its full-year earnings guidance after saying that second-quarter net profit nearly tripled from a year earlier as sales grew thanks to an easing chip shortage.Net profit rose to 1.278 trillion yen ($8.43 billion) for the three months ended Sept. 30 from Y434.26 billion in the year-earlier period, the Japanese automaker said Wednesday. That beat the estimate of Y912.325 billion in a poll of analysts by Quick.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Jeep Maker Stellantis Bets on a Chinese EV Startup, but Is It the Right One?
27Oct By adminNo Comments
Money

Jeep Maker Stellantis Bets on a Chinese EV Startup, but Is It the Right One?

Oct. 26, 2023 11:41 am ETBuying into a Chinese automaker sounds like a great answer to the challenge of making cheaper electric vehicles. If only it were easier to pick winners.Chrysler owner Stellantis said Thursday that it was spending the equivalent of about $1.6 billion to buy a roughly 20% stake in Zhejiang Leapmotor Technology. It will get two board seats and become Leapmotor’s exclusive export partner via a Europe-based joint venture in which Stellantis will own 51%.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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