Toyota News
Japanese buyers are waiting two to five months for many hybrid models while Toyota’s European customers wait on average 60 to 70 days for new hybrids. U.S. dealers are selling out their hybrids.
Strong hybrid sales pushed Toyota up 0.1% in Q1, while Lexus sales grew 5.8%
Automakers were counting on another U.S. sales gain in 2025 after volume rose 2.5 percent to 16 million in 2024. But tariffs and sliding consumer and business sentiment have clouded the outlook.
The two automakers produced more than two thirds of the 1.4-million vehicles assembled in Canada last year.
As the quest for scale ramps up across the industry, Toyota Chairman Akio Toyoda, head of the world’s biggest carmaker, cautions automakers on its pitfalls.
Strong sales of the Nissan Ariya, Toyota bZ4X and VW ID4 made Norway one of Europe’s fastest growing markets in February.
The pioneering Leaf EV couldn’t save former CEO Carlos Ghosn’s job at Nissan, but in the coming years it could help save the company as part of several new products in the pipeline.
Toyota is eliminating the chief strategy officer position it created when restructuring roles for Chris Reynolds and Jack Hollis.
A state of Michigan board overseeing economic development deals has approved the transfer of incentives for a $2.5 billion electric vehicle battery plant in Lansing after General Motors Co. exited the project.
A quick look at the week's top stories as determined by reader interest.
