US Auto Industry Down 8% Since 2019
CleanTechnica EVs
SEPTEMBER 24, 2023
It’s time for another one of our quarterly US auto sales reports. No other media outlet compares US auto industry trends with as much history and depth as we do in these.
Toyota showcases experimental hydrogen-powered GR Yaris
Green Car Congress
DECEMBER 3, 2021
Toyota showcased its experimental hydrogen-powered combustion engine technology in the multiple award-winning GR Yaris. The hydrogen fuel, fuel tanks and refueling process of the experimental vehicle are the same as found in the Mirai, Toyota’s commercially available flagship fuel cell electric vehicle. 2022 GR Yaris Hydrogen.
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Volkswagen quits Australian auto industry lobby over emissions standards – Charged EVs
Baua Electric
MARCH 24, 2024
Volkswagen Australia has broken with this trend—the business unit has distanced itself from the policies of Australia’s auto industry trade group, the Federal Chamber of Automotive Industries , which is waging a campaign against new emissions standards. The FCAI naturally wants the government to water down its policy.
US Auto Industry Down 3+ Million Sales (19%) Since 2019
CleanTechnica EVs
FEBRUARY 26, 2023
The US auto industry has been declining steadily for a few years at least. Compared to 2021, the American auto industry’s annual sales were down by more than 1 million units, or 8%. Compared to 2020, there were “only” down by 725,726 units (5%).
US Auto Industry Up 10% In 4th Quarter — But Down 16% Compared To Q4 2019
CleanTechnica EVs
FEBRUARY 26, 2023
The US auto industry is truly on the rebound. Seemingly not, as US auto industry sales in the 4th quarter of 2022 were 10% higher than […] In the 3rd quarter, sales increasing 1% compared to the 3rd quarter of 2021, the first positive trend in a while. But was it just a lucky little blip?
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All-New Toyota Prius/Prius Prime Named 2024 North American Car of the Year
Electric Cars Report
JANUARY 8, 2024
Since the unveiling and subsequent launch, the all-new Toyota Prius/Prius Prime has earned high praise and accolades throughout the auto industry. The 2024 […] The post All-New Toyota Prius/Prius Prime Named 2024 North American Car of the Year appeared first on Electric Cars Report.
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Auto industry spent less on advertising in 2022; Tesla already spends $0
Teslarati
SEPTEMBER 19, 2022
Although Tesla spends $0, the decline in ad spending could be an indicator of troubles for an industry trying to compete with Tesla’s EV lead. Reuters reported that the auto industry’s ad spending fell to $4.8 billion between January and July 2022 or 4% year-on-year. Compared with the same period in 2019 ($5.50
Toyota CEO steps down, opening up possibility of new EV strategy
Teslarati
JANUARY 26, 2023
Long-time Toyota CEO and grandson to the company’s founder, Akio Toyoda, has announced that he will leave his position later this year. Akio Toyoda’s goals within the auto industry were clear. Toyota plans $13.6B Toyota plans $13.6B The road ahead of Toyota is a difficult one.
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Hyundai has a card up its sleeve as it moves to dethrone Toyota, its electric vehicles
Electrek
DECEMBER 28, 2022
Hyundai is officially the third-largest automaker globally after jumpstarting the brand in 2022, behind only Volkswagen and Toyota. However, the South Korean automaker may have an advantage as the auto industry transitions to electric vehicles.
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Toyota invests $11.1M in Indiana schools to boost STEM programs
Teslarati
AUGUST 2, 2023
Toyota invested $11.1 The investment supports future STEM careers in the area, including job opportunities in the auto industry. It also includes Toyota USA Foundations’ $11.1 Today is another Toyota Terrific day for the state as they roll out their first Grand Highlanders down the production line,” said Governor Eric J.
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Toyota still hasn’t received the EV memo, sticks to hybrid strategy going forward
Electrek
OCTOBER 1, 2022
It looks like Toyota is still not getting the message: people want electric vehicles, not hybrids. Despite all the evidence pointing to the inevitable growth of EVs in the auto industry, Toyota insists on sticking with hybrids, claiming, “That’s our strategy, and we’re sticking to it.”
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The Anti-Tesla: Why Toyota Remains Hung Up On Hydrogen
CleanTechnica EVs
NOVEMBER 14, 2021
By Charles Morris Toyota didn’t rise to the pinnacle of the global auto industry by chance. Originally posted on EVANNEX. Throughout its history, it’s been an extremely innovative, forward-looking company. Books have been written, and college courses taught, about its engineering excellence.
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Germany’s auto industry – outrun by Tesla – to axe thousands more jobs
Baua Electric
JANUARY 23, 2024
Bosch, the world’s largest automotive supplier for Ford, GM, Toyota, VW, and BMW, among others, said last week that as many as 1,200 employers in its software and electronics division would be fired by the end of 2026, and that 80% of those cuts would take place at the Stuttgart-based headquarters in Germany. Get started here.
Will the Japanese Auto Industry Completely Collapse?
My Electric Car
JANUARY 12, 2023
The Japanese auto industry is facing a potential demise due to its slow adoption of electric cars. However, the Japanese auto industry has been slow to adopt this technology, and has not been able to keep up with the competition from other countries. Add to that the huge debt burden already carried by the likes of Toyota.
Subaru takes a page from Toyota appointing new CEO to compete in the EV era
Electrek
MARCH 3, 2023
As the auto industry charges ahead toward a fully electric future, you can start to see clear leaders and laggards. The automaker announced Friday it was appointing a new CEO to address the “profound transformation” to EVs in the auto industry, following a similar move from Toyota recently.
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Toyota energy storage, Mercedes EQB details, Ford CEO on EV shakeout: Today’s Car News
Green Car Reports
JUNE 3, 2022
Toyota gets in the home energy storage business—albeit only in Japan, for now. And Ford’s CEO sees EVs as the spark for a big industry consolidation. Is the auto industry headed for a big shakeout, and a price war over EVs? Mercedes puts a price on its EQB electric SUV. In a financial.
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Is Toyota Circling The Drain? Will It Take Japan With It?
CleanTechnica EVs
FEBRUARY 3, 2023
The entire Japanese auto industry, and especially Toyota, appears to be in denial about the global ascendency of electric drivetrains. (Certification chatGTP was not used in the writing of this article.) Recent conservations with my mate, retired economics professor Dr Paul Wildman, have led to this article.
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Tesla Model Y sales overtakes Toyota RAV4 in its quest to become the best-selling vehicle
Teslarati
JUNE 5, 2023
Tesla Model Y is another step closer to becoming the world’s best-selling vehicle in any category after overtaking Toyota RAV4 sales in Australia. Meanwhile, Toyota sold a total of 2,616 RAV4 vehicles. Only the Toyota Hi-Lux pickup truck and the Ford Ranger pickup sold more units than the Tesla Model Y.
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Largest Auto-Industry Employer In California: Electric-Car Maker Tesla Motors
Green Car Reports
MAY 20, 2014
It''s also, amazingly, become California''s biggest auto-industry employer--edging out even Toyota. When Toyota makes its move to Texas, taking most of its 5,300 jobs to the Lone Star State.' Tesla Motors is one of the youngest U.S.
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163 Toyota AI Ventures launches new $100M fund; early-stage startups in autonomous mobility and robotics
Green Car Congress
MAY 2, 2019
Silicon Valley-based venture capital firm Toyota AI Ventures (TAIV) has launched Fund II, a new $100-million fund dedicated to investing in early-stage startups developing technologies and business models in the autonomous mobility and robotics markets. Toyota AI Ventures will also use Fund II to continue to strengthen its portfolio services.
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Tata Motors urges govt to keep hybrid tax, Toyota lobbies for cut
Baua Electric
JANUARY 17, 2024
Read more Tata Motors has opposed Toyota’s appeal for tax reduction on hybrid cars, claiming that they are more polluting than electric vehicles and should not be given a tax advantage. Several automakers like Toyota, who have been selling hybrid cars in India have been lobbying for a tax cut on the hybrid vehicles in India.
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Tesla US Sales Up 104% While US Auto Industry Down 22%
CleanTechnica EVs
OCTOBER 18, 2021
Comparing the 3rd quarter of 2021 to the 3rd quarter of 2020, US Tesla sales were up 67% while overall US auto sales were down 13%. Compared to 2019, the difference was even more stark — Tesla sales were up 104% and US auto sales were down 22%.
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Toyota ramping up bZ4X SUV production to compete in swelling EV market, but not anytime soon
Electrek
OCTOBER 26, 2022
Is the world’s largest automaker finally responding to the rapidly changing auto industry? Toyota is now considering ramping up production of its first 100% electric mass-market vehicle, the bZ4X SUV, but not until 2025, according to sources familiar with the plans.
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Toyota Runs Sponsored Campaign About EVs & Innovation — Really
CleanTechnica EVs
SEPTEMBER 8, 2021
Toyota is well known in the world of EV enthusiasts as one of the top foot-draggers in the auto industry. Ironically, outside of the world of EV enthusiasts, when people think “electric,” Toyota often comes to mind. The two realities are not unrelated.
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Toyota shoots for battery cells with 932 miles of range
Teslarati
JUNE 15, 2023
In its last briefing session, Toyota Motor Corporation set ambitious electric vehicle (EV) goals. With the resources we earn, we will improve our product appeal to exceed customer expectations and secure earnings,” stated Toyota. Toyota has steep BEV goals for the next few years as it adapts to an ever-changing auto industry.
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GlobalData: Global automakers earmark nearly US$600B for EVs over next decade
Green Car Congress
APRIL 2, 2022
Despite being a pioneer in hybrid vehicles, Toyota was slow to implement BEV strategies; President Akio Toyoda announced the bZ EV brand only last year. Toyota plans to launch 30 models by 2030. Prior to this, Toyota had only a few BEV models manufactured with its Chinese partner GAC Group. Toyota announced US$70.4
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Toyota to receive $853 million subsidy to expand local battery production
Teslarati
JUNE 16, 2023
Toyota Motor Company is expected to receive an $853 million subsidy from Japan’s industry ministry to expand its electric vehicle (EV) battery production. Toyota has ambitious EV battery production plans for the future. Toyota plans to produce low-cost battery cells with 621 miles of cruising range before 2030.
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Toyota faces stern critique from European funds for its lackluster EV strategy
Teslarati
JUNE 13, 2022
There was a time when Toyota was one of the world’s greenest auto manufacturers. Today, Toyota lags behind its American and South Korean competitors in battery-electric cars, and its hydrogen-powered sedan, the Mirai, remains a niche vehicle. . The company has become a stern critic of the rapid transition to all-electric cars.
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Tesla Passes Mercedes & Toyota As Most Valuable Auto Brand
CleanTechnica EVs
APRIL 20, 2023
Electric vehicles are quickly becoming the center of attention in the auto industry, and while Tesla has been dominating deliveries and production of zero-tailpipe-emission vehicles in recent years, it’s also becoming more valuable as a brand.
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Thomson Reuters report finds established auto industry companies, not Silicon Valley, leading development of autonomous driving tech
Green Car Congress
JANUARY 7, 2016
Toyota (Japan) is the overall global leader in autonomous automotive innovation, followed by Bosch (Germany), Denso (Japan), Hyundai (South Korea) and GM (US). Toyota and Hyundai take the second and third places. However, the truth is that the techies are far from leading the self-driving pack.
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US Auto Industry Pushes Biden To Move Forward With EV Adoption Plan
InsideEVs
APRIL 1, 2021
Several major automakers are on board with Biden's optimistic plan, including GM, Toyota, and Volkswagen.
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Scion brand to fold in to Toyota brand
Green Car Congress
FEBRUARY 3, 2016
Scion, established as a separate brand in 2003 to explore new products and processes to attract youth customers, will transition to the Toyota brand. Toyota said that Scion achieved its goals of developing unique products and processes, and bringing in new, younger customers.
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150 ISU study finds large potential for biobased materials in auto industry, but with challenges
Green Car Congress
DECEMBER 16, 2012
To create the largest impact, the researchers concluded, emphasis should be placed on the largest producers of vehicles; the five largest producers of automotive vehicles in the United States are General Motors, Ford, Toyota, Chrysler, and Honda. Cost to manufacture is one of the main considerations.
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Suzuki and Toyota to explore business partnership; environment, safety, and information technology
Green Car Congress
OCTOBER 12, 2016
Suzuki Motor Corporation (Suzuki) and Toyota Motor Corporation (Toyota) have agreed to start exploring ideas that are directed towards a business partnership. Toyota and Suzuki just started exploring on any opportunities for collaboration, with the belief that it will help both companies solve their respective challenges.
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Toyota Financial Services issues first Euro-denominated Green Bond allocated specifically to the sales of low-emission vehicles; €600M
Green Car Congress
NOVEMBER 21, 2017
Toyota Financial Services (TFS) issued its first euro-denominated unsecured Green Bond today, expanding its commitment to the sale of environmentally friendly vehicles. There are currently nine vehicles in the Toyota and Lexus lineup that qualify. Green Bonds are an important component of TFS’ diversified funding program.
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Review update: 2021 Honda CR-V Hybrid is 38-mpg mainstream green
Green Car Reports
MARCH 19, 2021
The Honda CR-V Hybrid is a quiet giant in the grand shift that’s happening in the auto industry. Yes, you might still be able to get non-hybrid versions of the Honda CR-V, or its rivals like the Toyota RAV4, Hyundai Tucson, or Ford Escape, but each year the portion of these that are selling as hybrids becomes a little larger.
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161 Toyota will introduce FT-Bh hybrid city car concept in Geneva
Green Car Congress
FEBRUARY 10, 2012
Toyota will stage the world debut of the FT-Bh concept, an ultra-lightweight, full hybrid city car study, designed to achieve low emissions within an economically viable production framework, at the Geneva Motor Show.
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Toyota unveils Driver Awareness Research Vehicle
Green Car Congress
NOVEMBER 21, 2013
Toyota used the Los Angeles Auto Show as the forum at which to unveil a Driver Awareness Research Vehicle (DAR-V). By addressing these critical daily priorities before even setting foot in the vehicle, a driver potentially has more mental bandwidth to focus on driving, Toyota suggests. Click to enlarge.
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Vision-oriented AI company Recogni raises $25M; investors include Toyota AI Ventures, BMW i Ventures, Faurecia
Green Car Congress
AUGUST 1, 2019
the designers of a vision-oriented artificial intelligence platform for autonomous vehicles, announced $25 million in Series A financing led by GreatPoint Ventures with participation from Toyota AI Ventures, BMW i Ventures, Faurecia, Fluxunit (VC arm of lighting and photonics company OSRAM), and DNS Capital. Recogni Inc. ,
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Auto Industry Backs Additional Funding for Research into Impacts of Mid-Level Ethanol Blends
Green Car Congress
SEPTEMBER 25, 2009
The auto industry in principle is not opposed to the introduction of such mid-level blends (i.e., The US Environmental Protection Agency (EPA) is current considering a request to allow more than the current limit of 10% ethanol in gasoline to increase overall ethanol consumption in the US fuel pool. Earlier post.) Earlier post.).
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Growing Plugless Hybrid EV Market Share In Japan Has Direct Implications On The African Vehicle Market
CleanTechnica EVs
APRIL 12, 2023
The Japanese auto industry dictates the African vehicle market, especially in east and southern Africa, where 90% of the vehicles imported into this region are vehicles from Japan. Japanese brands rule in Africa and Toyota is King. Most of these vehicles are imported as used vehicles.
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Lux Research says GM, Daimler and Toyota lead automakers in emerging technology partnerships tackling megatrends
Green Car Congress
JULY 16, 2012
However, we find different OEMs have dramatically different approaches—their strategies today will change the shape of the auto industry in decades to come. Lux Research analysts examined the growing web of cross-cutting industry relationships. —Kevin See, Lux Research Analyst and the lead author.
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US Auto Sales Down 8% in Q3 2023 vs. Q3 2019
CleanTechnica EVs
DECEMBER 17, 2023
The US auto industry is bouncing back compared to the past couple of years, but it’s still significantly below its. continued] The post US Auto Sales Down 8% in Q3 2023 vs. Q3 2019 appeared first on CleanTechnica.
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European Auto Industry Expresses Concern Over Iron Ore Price Hikes
Green Car Congress
APRIL 1, 2010
ACEA members are BMW Group, DAF Trucks, Daimler, FIAT Group, Ford of Europe, General Motors Europe, Jaguar Land Rover, MAN Nutzfahrzeuge, Porsche, PSA Peugeot Citroën, Renault, Scania, Toyota Motor Europe, Volkswagen and Volvo.
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