article thumbnail

Hyundai surpassed Volkswagen Group’s operating profit

Teslarati

Hyundai Motor Group surpassed Volkswagen Group’s operating profit for the first time in Q1 2024. The South Korean automaker attributes its success to diverse offerings, including electric vehicles, plug-in hybrids, and gas-powered cars. In Q1 2024, Hyundai Motor Group reported an operating profit of $5.09

Hyundai 94
article thumbnail

2022 Hyundai Tucson Plug-In Hybrid pricing undercuts Toyota RAV4 Prime

Green Car Reports

The 2022 Hyundai Tucson Plug-In Hybrid doesn't match up to the Toyota RAV4 Prime in electric range or gas mileage, but it does undercut the Toyota in price. First spotted by CarsDirect, the Tucson Plug-In Hybrid will start at $35,975 (including a mandatory $1,225 destination charge) for the base SEL trim level.

Tucson 154
article thumbnail

Toyota recalls over 280,000 vehicles due to unexpected movement

Teslarati

Toyota is set to recall more than 280,000 of its vehicles in the U.S., The recall applies to a total of 280,663 vehicles, including some Toyota Tundra, Tundra Hybrid, Sequoia Hybrid and Lexus LX600 vehicles built between 2022 and 2024. You can see the defect notice from the NHTSA recall below. What are your thoughts?

Toyota 119
article thumbnail

Hyundai IONIQ 6, Kona EV are two of the cheapest cars (EV or gas) to lease at just $169/mo

Baua Electric

Hyundai is offering two of the cheapest cars to lease (EV or gas-powered), the IONIQ 6 and Kona EV, in the US, with prices as low as $169 per month. Hyundai EVs are some of the cheapest cars to lease After selling a record number of vehicles in the US, Hyundai looks to keep the momentum rolling in 2024.

article thumbnail

Tesla’s new customers come from Toyota, Honda most frequently: study

Teslarati

Tesla has become notorious for taking the sales of other notable brands as customers look to switch to electric vehicles. S&P Global Mobility found, most notably, that over a quarter of Tesla buyers were coming from either Toyota or Honda. of customers came from either Toyota (15.3%) or Honda (13.3%).

Honda 100
article thumbnail

Toyota RAV4 hybrid SUV spotted testing in Delhi. Launch soon?

Baua Electric

Read more Toyota Motor has been spotted testing its RAV4 SUV equipped with its Synergy Hybrid Drive technology which comes mated to regular ICE engines. Image credit: Sabyasachi Dasgupta/HT Auto) Toyota Motor has been spotted testing yet another hybrid SUV on Indian roads. The RAV4 hybrid could be one of its next models.

SUV 52
article thumbnail

Toyota is already offering $10k off a lease for its fully electric 2024 bZ4X

Baua Electric

Photo: Toyota Toyota has made its fully electric 2024 bZ4X – which only just landed on dealers’ lots – available to lease with a $10,000 discount. Toyota’s 2024 bZ4X lease deal Toyota released prices and specs of the 2024 bZ4X in January, and it hasn’t even been available at dealerships that long.