In a strange series of events, Toyota is changing its stance on electric vehicles as the Japanese automaker announced Wednesday it will be tripling its planned investment in its new battery manufacturing plant in North Carolina. Not even a week after Toyota’s Executive Vice President, Jack Hollis, claimed that “the consumer isn’t demanding (EVs) at… Continue reading Toyota changes tune on EV demand, triples funding for US battery plant
Tag: Recalls
Ford recalls pickups, cars to fix cloudy rear camera lens
Detroit — Ford is recalling more than 277,000 pickup trucks and cars in the U.S. because the rear view camera lens can get cloudy and reduce visibility for the driver. The recall covers certain F-250, 350 and 450 trucks as well as the Lincoln Continental, all from the 2017 through 2020 model years. The recalled… Continue reading Ford recalls pickups, cars to fix cloudy rear camera lens
BYD readies base for Atto 3 launch in India
Chinese electric vehicle maker, BYD, is putting its building blocks in place for the Atto 3 which will be launched in the October-December quarter. This fully-born electric SUV built on the E3 platform is close to 4.5 metres long and already being retailed in Singapore, Australia and New Zealand. It will enter Japan in January 2023… Continue reading BYD readies base for Atto 3 launch in India
USD 6.83 billion Growth in Automotive Dampers Market Size with 58% of the Contribution from APAC – 17,000+ Technavio Reports
NEW YORK, Aug. 31, 2022 /PRNewswire/ — The “Automotive Dampers Market Forecast and Analysis 2022-2026″ report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the automotive dampers market between 2021 and 2026 is USD 6.83 billion, as per… Continue reading USD 6.83 billion Growth in Automotive Dampers Market Size with 58% of the Contribution from APAC – 17,000+ Technavio Reports
Global Passenger Vehicle OEMs’ Customer Service Channels Analysis Report 2022 – Service Segment Leaders and Standout OES Maintenance Offerings
DUBLIN, Aug. 31, 2022 /PRNewswire/ — The “Growth Opportunities from Benchmarking Global Passenger Vehicle OEMs’ Customer Service Channels” report has been added to ResearchAndMarkets.com’s offering. This report profiles, analyzes, and benchmarks conventional and electric OEMs by their OES channel service and maintenance offerings. The geographic scope is global. The base year is 2021; global sales reflect… Continue reading Global Passenger Vehicle OEMs’ Customer Service Channels Analysis Report 2022 – Service Segment Leaders and Standout OES Maintenance Offerings
Hard Facts on Electric Vehicles Favor Fleet Usage
EV expert Kristin Slanina laid out the long-term benefits of electric fleet vehicles for an audience of remarketing leaders during the IARA Summer Roundtable on Aug. 18, 2022 in Nashville, Tennessee. Photo: IARA In the zeal and excitement over the growth of electric vehicles, early buyers tend to forget they are nothing new. EVs are… Continue reading Hard Facts on Electric Vehicles Favor Fleet Usage
Mary Barra confident in GM’s self-driving vehicle tech and goal to beat Tesla in EVs
As we roll along in the third quarter of 2022, GM’s long-promised EV lineup is beginning to materialize and gain some serious momentum. The American automaker now has several EVs on the market and has even more in its production pipeline. In recent media appearances, CEO Mary Barra has relayed confidence in GM’s autonomous technology… Continue reading Mary Barra confident in GM’s self-driving vehicle tech and goal to beat Tesla in EVs
@VW Group: Confident off-road athlete: the winning streak of the Cayenne S Transsyberia005648
09/08/2022 Right from the start, the Cayenne had to deliver typical Porsche performance not just on the road, but off it as well. The sports car manufacturer provided the ultimate proof of its SUV’s ability to take the punishment of rough terrain between 2006 and 2008 in the Transsyberia Rally, a gruelling long-distance competition. It… Continue reading @VW Group: Confident off-road athlete: the winning streak of the Cayenne S Transsyberia005648
Toyota’s global vehicle output drops again; annual target in doubt
(Reuters) — Toyota Motor said on Tuesday its July global vehicle production fell 8.6% year-on-year, missing its target for four straight months, as COVID outbreaks, severe weather and a recall probe on top of a persistent chip shortage hurt output. The world’s largest automaker by sales produced 706,547 vehicles worldwide last month, below its target… Continue reading Toyota’s global vehicle output drops again; annual target in doubt
Tesla slapped with class action lawsuit over phantom braking problem
A Tesla owner from San Francisco filed a proposed class action lawsuit against the electric vehicle company over a phantom braking problem that he claims has turned “a safety feature into a frightening and dangerous nightmare.” The lawsuit was first reported by Reuters. The lawsuit was filed by San Francisco resident Jose Alvarez Toledo in… Continue reading Tesla slapped with class action lawsuit over phantom braking problem