Auto giants extend losses as Trump’s sweeping global tariffs take effect

A Volkswagen emblem, attached to a tower at the Volkswagen Osnabrück GmbH plant, can be seen behind a red traffic light. Picture Alliance | Picture Alliance | Getty Images Europe’s auto giants slipped on Wednesday, extending recent losses as U.S. President Donald Trump’s sweeping tariffs on dozens of countries came into effect — including a… Continue reading Auto giants extend losses as Trump’s sweeping global tariffs take effect

@Toyota: [Toyota Times] Finally Public After Two Years – Akio Toyoda’s Thoughts Immediately After Announcing 2023 Leadership Change

During a special Toyota Times News live broadcast on January 26, 2023, Akio Toyoda announced that he was stepping down as president of Toyota and would take a new position as chairman. Immediately after that live broadcast, Toyota Times also interviewed Akio, giving him a chance to speak about his feelings in that moment. However,… Continue reading @Toyota: [Toyota Times] Finally Public After Two Years – Akio Toyoda’s Thoughts Immediately After Announcing 2023 Leadership Change

@Toyota: Westin Workman Puts in the Work

About a decade ago, there was a young boy in a parking lot in Charlotte, NC, who could name the make and model of every single car his parents pointed to. Though his father’s affinity for cars was clearly inherited, the boy’s encyclopedic knowledge of cars was almost entirely self-taught—a prodigy of sorts. “It was… Continue reading @Toyota: Westin Workman Puts in the Work

@Toyota: [Toyota Times] Finally Public After Two Years – Akio Toyoda’s Thoughts Immediately After Announcing 2023 Leadership Change

During a special Toyota Times News live broadcast on January 26, 2023, Akio Toyoda announced that he was stepping down as president of Toyota and would take a new position as chairman. Immediately after that live broadcast, Toyota Times also interviewed Akio, giving him a chance to speak about his feelings in that moment. However,… Continue reading @Toyota: [Toyota Times] Finally Public After Two Years – Akio Toyoda’s Thoughts Immediately After Announcing 2023 Leadership Change

Nuro’s $106M raise backs its shift from delivery robots to licensing autonomy tech

After months of hearty marketing efforts and large-scale technology demos across the U.S., Nuro has secured $106 million in fresh funding to help scale its autonomous driving technology and advance commercial partnerships.  The Series E round brings Nuro’s total funding raised to $2.2 billion and its valuation to $6 billion. That’s a drop from the… Continue reading Nuro’s $106M raise backs its shift from delivery robots to licensing autonomy tech

Is BYD Leading the Charge in Low-Cost EVs Amid Affordability Woes?

For electric vehicles (EVs) to truly go mainstream, they need to be more affordable. Automakers are working to cut costs and Chinese EV giant BYD Co Ltd BYDDY is already racing ahead. With a vertically integrated business model and full control of its supply chain, BYD is selling cars at a much cheaper sticker price.… Continue reading Is BYD Leading the Charge in Low-Cost EVs Amid Affordability Woes?

German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009115

The European Commission has imposed millions in terms of millions against 15 car manufacturers due to a cartel in connection with recycling, scrapped vehicles. The VW Group has to pay the highest fine with around 128 million euros, as the Commission announced on Tuesday. Mercedes had disclosed the cartel in Brussels and therefore escapes a… Continue reading German FAZ: EU Commission imposed millions of fines against 15 car manufacturers009115

@Toyota: To Say Something About That – In Conversation with Kevin Butt, Former Group Manager of TMNA Environmental Sustainability

Over the past 34 years, Kevin Butt has built out a team focused on integrating environmental sustainability into the production, service and operations at Toyota in North America. As Kevin is known to say, “Let me say this about that,” and the Toyota Comms team did just that. The following QA is an excerpt from… Continue reading @Toyota: To Say Something About That – In Conversation with Kevin Butt, Former Group Manager of TMNA Environmental Sustainability

Garrett Motion (GTX) Surges 9.8%: Is This an Indication of Further Gains?

Garrett Motion (GTX) shares ended the last trading session 9.8% higher at $8.06. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock’s 22.4% loss over the past four weeks. Garrett shares rose yesterday as investors reacted to its strong position in… Continue reading Garrett Motion (GTX) Surges 9.8%: Is This an Indication of Further Gains?

Amazon’s Zoox begins robotaxi testing in Los Angeles 

Zoox, Amazon’s autonomous vehicle unit, is deploying a small fleet of retrofitted test vehicles on the streets of Los Angeles starting Tuesday – a modest, yet meaningful step as the company inches toward offering public rides in Las Vegas and San Francisco later this year.  The data-collection effort marks Zoox’s entrance into its sixth city… Continue reading Amazon’s Zoox begins robotaxi testing in Los Angeles