Toyota profits shrink 43% due to ongoing supply chain shutdowns
Toyota's profit fell 43% (578.66 billion Yen) in the last three months due primarily to supply chain issues. Last year, Toyota earned an average of 997.4 billion Yen or $7.48...
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
TSLA348.750-6.06001%
GM86.2700.09%
F13.870-0.08%
RIVN16.070-0.73%
CYD38.210-2.18%
HMC31.8600.53%
TM194.4802.48%
CVNA74.040-0.05%
PAG217.010-0.84%
LAD370.360-0.68%
AN200.0901.34%
GPI263.9501.91%
ABG211.6200.95%
SAH79.6800.39%
Auto News
Lordstown Motors announces first profitable quarter thanks to sale of assets
Yesterday, Lordstown Motors announced its first profitable quarter of $61.3 million, but not from selling electric vehicles. After selling some of its assets, including its Ohio production plant, to Taiwanese manufacturer Foxconn, Lordstown...
Fisker to start production on 56,000 Ocean EV SUV reservations later this year
California electric vehicle startup, Fisker, announced that they have 56,000 reservations for its newest vehicle, the Ocean EV SUV. According to Fisker's second quarterly earnings, they suffered a loss per share...
CBT automotive newscast: August 5, 2022
Inside Automotive:
How to find hope and embrace the challenges of life — Dr. Randy Ross, Remarkable!
In his brand new book, “Fireproof Happiness: Extinguishing Anxiety & Igniting Hope,” Dr. Randy Ross...
Stellantis invests $99 M into North American hybrid vehicle production
Automaker Stellantis is reportedly investing a total of $99 million in three North American plants to produce turbo engines for its new hybrid vehicle models.
The state of Michigan will receive most of...
Carmakers say pending climate action bill presents more barriers than opportunities
Carmakers, including Ford, General Motors, and Toyota, are unhappy with the new pending clean energy bill since it might disqualify many of their vehicles and customer base from taking advantage of...
GM expands Super Cruise coverage by 400,000 miles
General Motors has revealed that its "hands-free" advanced driver-assist system (ADAS), Super Cruise, is going to cover 400,000 miles across North America by the end of 2022. US regulators and legislators...
CBT automotive newscast: August 4, 2022
Inside Automotive:
How Kentucky auto dealers are coping with current retailing challenges
The Kentucky Automobile Dealers Association (KYADA) recently held its 75th annual convention in Asheville, North Carolina. Today on Inside Automotive,...
General Motors introduces new measures to combat resellers
General Motors has taken action to prevent the rampant resale of its new, low-production popular cars by rewarding owners of the Chevrolet Corvette C8 Z06 with a $5,000 incentive if they keep them...
Rivian exec. claims proposed EV tax legislation gives unfair advantage to larger manufacturers
According to Rivian Automotive, the EV maker will not benefit as much from the proposed federal legislation incentivizing consumers to purchase electric vehicles and trucks as its competitors will.
In a statement...
Latest Articles
