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Hyundai tries again to crack Japan with electric, high-tech, online strategy
February 08, 2022 06:07:31 AMThe automaker is betting that its cars will appeal to younger Japanese buyers who are also more open to trying South Korean imports, thanks to the local success of electronics brands and hip Korean culture.
Need an SUV in 4 years? Better order your Land Cruiser right now
January 31, 2022 12:00:01 AMThe Toyota Land Cruiser is so big in Japan that Toyota Motor Corp. is telling customers the wait for delivery has stretched to four years.
Subaru to open reservations for Solterra EV at noon Tuesday
February 08, 2022 09:55:06 AMSubaru of America said it will start taking $250 refundable reservations for its first EV, the 2023 Subaru Solterra, beginning at noon Tuesday.
Toyota offers make-goods, buybacks to bZ4X EV customers after recall
August 05, 2022 12:12:54 PMThe automaker issued an emergency stop-sale on the 2023 bZ4X and told consumers to stop driving it immediately for fear the wheels may fall off. It is offering a series of make-goods to approximately 260 owners and lessees, who still can't drive the BEV, including an offer to buy back the compact crossover.
Mitsubishi bounces back to profitability
May 10, 2022 09:49:23 AMRebounding Mitsubishi Motors Corp. stepped up its recovery in the latest quarter, bouncing back to profitability on better sales and beneficial foreign exchange rates.
Honda previews 2024 Prologue EV, new retail design
May 18, 2022 07:45:03 PMHonda's all-electric Prologue will leverage GM's Ultium platform and batteries and feature Honda's exterior and interior design.
Toyota engineer: We're making Tundras, not war
September 20, 2021 12:00:01 AM"We're not trying to catch up" with domestic competitors, says Mike Sweers, the executive chief engineer for the automaker's trucks.
AlixPartners: Interest in EVs has surged, but cost and other concerns undercut wider investment
October 27, 2021 08:44:54 AMInterest in the U.S. rose from 5 percent to 19 percent over the two-year period. And in California, where the market for EVs is well-established, interest jumped from 9 percent to 34 percent.
In Russia's Far East, cheap used imports drive EV adoption
August 23, 2021 12:00:01 AMThe region offers a glimpse of the trends — more expensive oil, cheaper power and falling EV ownership costs — that someday could drive widespread adoption of electric models throughout the country and beyond.
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Auto industry leaders fully expect a major shift in retailing
December 06, 2021 12:00:01 AMGlobal executives foresee a major shift to online auto sales by 2030, with a steep rise in automaker direct-to-consumer sales.
Toyota lays out Lexus' EV future
December 17, 2021 01:57:03 PMThe luxury brand has been cast in a starring role in Toyota Motor's $70 billion investment. As part of the plan for Lexus dealers to serve customers and alleviate any range anxiety, gasoline-electric and plug-in hybrids will have a key role.
Market slide continues in June, Q2
July 01, 2022 07:00:00 AMU.S. light-vehicle sales, hampered by lean stockpiles and chronic parts shortages, declined by double-digits in June, capping a weaker second quarter and first half. The SAAR tallied 13.22 million last month, the second lowest pace of the year. Lights trucks drove Ford to a 1.8 percent gain in the second quarter and a 32 percent June surge, ending a streak of monthly declines at the Ford brand and Lincoln.