TSLA391.000-27.45%
GM82.110-0.93%
F14.900-0.44%
RIVN16.350-1.77%
CYD56.760-1.4%
HMC26.700-1.23%
TM177.160-2.34%
CVNA66.5000.31%
PAG171.020-0.59%
LAD288.840-1.76%
AN187.720-0.42%
GPI311.0005.57%
ABG190.9800.83%
SAH82.160-2.16%
TSLA391.000-27.45%
GM82.110-0.93%
F14.900-0.44%
RIVN16.350-1.77%
CYD56.760-1.4%
HMC26.700-1.23%
TM177.160-2.34%
CVNA66.5000.31%
PAG171.020-0.59%
LAD288.840-1.76%
AN187.720-0.42%
GPI311.0005.57%
ABG190.9800.83%
SAH82.160-2.16%
TSLA391.000-27.45%
GM82.110-0.93%
F14.900-0.44%
RIVN16.350-1.77%
CYD56.760-1.4%
HMC26.700-1.23%
TM177.160-2.34%
CVNA66.5000.31%
PAG171.020-0.59%
LAD288.840-1.76%
AN187.720-0.42%
GPI311.0005.57%
ABG190.9800.83%
SAH82.160-2.16%


Toyota

Toyota saw quarterly profits push past the previous year's number but failed to prevent an annual loss due to the rising costs of materials

Toyota forecasts higher profits in 2024 buoyed by EVs and increased production

- May 11, 2023
Toyota saw quarterly profits push past the previous year's number but failed to prevent an annual loss due to the rising costs of materials. The automaker saw global net income reach...

Weekly roundup: Toyota commits to EVs, aftermarket service disappoints, Fisker’s EV battery swapping

- May 5, 2023
Earlier this week: EV maker Fisker announced its Ocean SUV will come equipped with swappable batteries in 2024, April U.S. auto sales improved year-over-year, customer satisfaction with aftermarket service providers...
Toyota

Toyota meets with U.S. officials, is ‘fully committed’ to electrification

- May 4, 2023
Investors and environmental organizations have consistently criticized Toyota in recent years for its sluggish progress toward electrification, with American critics being the loudest. However, the new management group that took...

Toyota owners most-likely to trade in their vehicle for a used EV — CarMax report

- May 1, 2023
According to a recent report by used car dealer CarMax, Toyota was the most traded-in brand for used EVs in the U.S. between September 2022 and February 2023, with 12%...
Toyota production target engine

Toyota crosses reduced production target, but stays quiet on new guidance

- April 27, 2023
Toyota passed its fiscal-year production target of 9.1 million vehicles in March, but spoke cautiously on the year ahead. On April 27, The automaker revealed it had beaten its goal by...
Chris Kari, dealer principal at Kari Toyota in Superior, Wisconsin, spoke with CBT News about how he turned a last-ditch effort to curb fleet costs into a money-making rental program.

Q&A with Toyota dealer Chris Kari: Can daily rentals make fleet programs profit centers?

- April 26, 2023
The cost of courtesy loaner fleets presents a familiar challenge for every dealer: Spend on cars that can win customers and increase some RO values, or save on fleet costs...
Shawn Vaughan, Inside Automotive

Are dealers prepared to change for the customers of tomorrow? — Shawn Vaughan | Vaughan Automotive

- April 21, 2023
Dealers are still enjoying tremendous profits despite the economic headwinds and inventory constraints. But with the changing technological landscape and the evolution of consumer needs, is the industry ready for...
auto sales

Weekly Roundup: Q1 auto sales smash odds, Tesla breaks delivery record, Toyota shifts EV plans

- April 7, 2023
Weekly Roundup Earlier this week: New vehicle sales volume improved in the first quarter despite concerns about economic headwinds, Tesla hit new delivery records and exceeded expectations in Q1, long-time CADA...
battery EVs

With a new CEO at the helm, Toyota looks to change its EV strategy

- April 6, 2023
Toyota's new CEO is considering a factory floor remodel as it plans to transition to a new, dedicated platform for battery EVs after making significant changes to its executive team.  At...
Toyota

Toyota sales decline in first quarter, despite strong EV segment

- April 4, 2023
Toyota has published its monthly and quarterly results, revealing a decline in overall sales despite its surprisingly strong electric vehicle numbers. The automaker sold 469,558 units in the U.S. during Q1,...