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Automobile
Toyota President Akio Toyoda commended Shinzo Abe for his efforts in diplomacy, national security
TOKYO — Akio Toyoda praised former Prime Minister Shinzo Abe, assassinated Friday in a rare shooting on the street in Japan, for his leadership in trying to revive the country's economy.
Abe, Japan's longest-serving prime minster, was…
Tesla keeps U.S. luxury crown on strong California production
Tesla also dominated EV registrations in the five-month Experian data.
The Model Y was the top EV at 82,880 new registrations, followed by the Model 3 at 74,092. The Ford Mustang Mach-E captured the No. 3 spot with 15,491 registrations,…
Automakers, suppliers, retailers grapple with Wall Street’s bearish first half
Automakers
According to the Automotive News analysis, U.S. automakers' stock prices on average fell 48 percent in the first half of the year and over 27 percent in a year-over-year comparison. Rivian Automotive Inc. saw the biggest…
Toyota, Nissan, Kia and Chevy dealerships acquired in four states
A family transaction represented the end of one career and the expansion of another when Patrick O'Brien on April 6 purchased Pat O'Brien Chevrolet in Vermilion, Ohio, from his father, Pat O'Brien.
Patrick O'Brien renamed the dealership…
Lexus’ new steer-by-wire points way forward for its EVs
TOYOTA CITY, Japan — Lexus' new yoke-style steering looks funky, and it drives a little funky.
But the Japanese premium brand plans to advance the technology by combining jet-age looks with an advanced, ultraprecise steer-by-wire system…
How Lexus one-upped Tesla on its new yoke steering system
TOYOTA CITY, Japan — Lexus' new yoke-style steering looks funky, and it drives a little funky.
But the Japanese premium brand plans to advance the technology by combining jet-age looks with an advanced, ultraprecise steer-by-wire system…
Self-driving tech firm Argo AI lays off about 150 employees
Self-driving tech company Argo AI laid off approximately 150 employees Thursday.
In a written statement, an Argo spokesperson said the layoffs were part of “prudent adjustments to our business plan” as the company plotted for future…
Self-driving tech firm Argo AI lays off about 150 employees
Self-driving tech company Argo AI said it laid off about 150 employees on Thursday.
In a written statement, an Argo spokesperson said the layoffs were part of “prudent adjustments to our business plan” as the company plotted for future…
Tenneco CEO Kesseler to depart following acquisition
Tenneco Inc. said CEO Brian Kesseler will be replaced by Jim Voss once the pending $1.6 billion acquisition of the supplier by investor Apollo Global Management Inc. is completed.
Voss, the CEO of Apollo, will take over as head of…
Rivian R1S SUV EV to launch as factory output jumps
Technically, Rivian was building some R1S vehicles but not delivering them to the public. Deliveries began to employees starting in December 2021, Rivian said, including the first one to Scaringe himself. Deliveries will soon shift to…