New Electrified Vehicle Sales Hit Record in Q4 2021

On the EV side, Tesla is still the dominant player, with 72% share of the EV market. That is down from near 80% in 2020, but Tesla still delivered significant 71% year-over-year growth in a tough year. Tesla didn’t only dominate the EV market, Tesla dominated the overall luxury market, outselling Audi, BMW, Lexus, and… Continue reading New Electrified Vehicle Sales Hit Record in Q4 2021

MAY MOBILITY ACCELERATES GROWTH WITH SERIES C FUNDING

ANN ARBOR, Mich., Jan. 26, 2022 /PRNewswire/ — May Mobility, a leader in the development and deployment of autonomous vehicle (AV) technology, today announced the initial closing of its Series C round of funding with an investment of $83 million led by Mirai Creation Fund II – a SPARX Group Co., Ltd. managed fund that is renowned… Continue reading MAY MOBILITY ACCELERATES GROWTH WITH SERIES C FUNDING

@Toyota: Adjustments to Domestic Production in January and in February (as of January 25)

Due to the shortage of parts supply caused by the spread of COVID-19 at our supplier in Japan, on January 21 we announced additional suspensions of domestic plant production for completed vehicles and also our revised production plan for February due to the shortage of semiconductor-related parts. Today, Toyota announces additional suspensions of domestic plant… Continue reading @Toyota: Adjustments to Domestic Production in January and in February (as of January 25)

Ford to pause 2022 Maverick orders to meet soaring demand for $20K pickup

Ford Motor Co. will temporarily stop accepting all orders on its all-new 2022 Maverick compact pickup truck — both hybrid and gasoline versions — until summer, the automaker confirmed Monday. Ford told dealers in a letter emailed Monday that orders for a gas-powered Maverick will be accepted through Thursday at close of business. Ford hit pause on… Continue reading Ford to pause 2022 Maverick orders to meet soaring demand for $20K pickup

Tesla now operates the most productive car factory in the US

Tesla is now operating the most productive car factory in the US, according to a new report tracking all US auto factories. Just a few years ago, many players in the auto industry couldn’t imagine that Tesla could become a major manufacturer. After all, it was the first US car startup to not go bankrupt… Continue reading Tesla now operates the most productive car factory in the US

@Toyota: Adjustments to Domestic Production in January and in February (as of January 24)

Due to the shortage of parts supply caused by the spread of COVID-19 at our supplier in Japan, on January 21 we announced additional suspensions of domestic plant production for completed vehicles and also our revised production plan for February due to the shortage of semiconductor-related parts. Today, Toyota announces additional suspensions of domestic plant… Continue reading @Toyota: Adjustments to Domestic Production in January and in February (as of January 24)

Stretched Toyota Century Is JDM Opulence With V12 And Honda Paint – newsconcerns

Our fascination for the Toyota Century runs deep, especially if we’re talking about the second generation. It was the company’s first and last car to come from the factory with a majestic V12 engine. The JDM-only sedan has been serving as the quintessential flagship since 1967 when the first-gen model was launched. This Mk2 arrived… Continue reading Stretched Toyota Century Is JDM Opulence With V12 And Honda Paint – newsconcerns

Toyota says its Tianjin joint venture resumed production on Jan 22

People walk under a logo of Toyota Motor Corp at the company’s showroom in Tokyo, Japan, May 8, 2015. REUTERS/Yuya Shino SHANGHAI, Jan 24 (Reuters) – Toyota (7203.T) said operations at its joint venture complex in the eastern Chinese city of Tianjin resumed operations on Saturday after measures to curb the spread of COVID-19 prompted… Continue reading Toyota says its Tianjin joint venture resumed production on Jan 22

Foley Weekly Automotive Report – Transport – United States – mondaq.com

United States: Foley Weekly Automotive Report 24 December 2021 Foley & Lardner Your LinkedIn Connectionswith the authors To print this article, all you need is to be registered or login on Mondaq.com. This report helps automotive suppliers inform their legal and operational decisions to help address challenges and opportunities. Contact your Foley relationship partner, or John… Continue reading Foley Weekly Automotive Report – Transport – United States – mondaq.com