Auto companies embrace premium retail formats to tap into India’s luxury market

The push for premiumisation is being led by both mass-market and luxury car brands. As Indians’ appetite for luxury products and experiences continues to rise, automobile companies are launching exclusive new retail formats to cater to this demand, reported TOI. This shift comes even as the broader car market remains cautious and sluggish, despite a… Continue reading Auto companies embrace premium retail formats to tap into India’s luxury market

Tesla (TSLA) valuation surges to equal next 10 biggest automakers over Trump/Musk relationship

Tesla’s stock (TSLA) has surged to a $1 trillion valuation – seemingly over the assumption that the Trump and Musk relationship is going to benefit the automaker. The company is virtually worth more than the next 10 biggest automakers combined. Tesla has extended its post-election rally another 7% this morning – resulting in its valuation… Continue reading Tesla (TSLA) valuation surges to equal next 10 biggest automakers over Trump/Musk relationship

Toyota says California-led EV mandates are ‘impossible’ as states fall short of goal

A sign is displayed outside a Toyota Motor Corp. dealership on Jan. 30, 2024 in Tokyo, Japan. Tomohiro Ohsumi | Getty Images News | Getty Images DETROIT — Toyota Motor sounded the alarm Friday that California-led electric vehicle mandates that are set to start next year are “impossible” to meet and, if they’re not changed,… Continue reading Toyota says California-led EV mandates are ‘impossible’ as states fall short of goal

German Manager Magazine: Toyota wants to invest more than a billion dollars in Mexico003722

The Japanese car company Toyota wants despite the re-election of Donald Trump (78) to the US President to invest 1.45 billion dollars in its locations in Mexico. “The investment is intended for the production of the new generation of Tacoma and Tacoma hybrid electric pickup trucks and will create 1,600 new jobs,” the Mexican Economy… Continue reading German Manager Magazine: Toyota wants to invest more than a billion dollars in Mexico003722

@Toyota: Toyota Tsusho Invests in LOGIQUEST, a Last Mile Delivery Business

Supply Chain 2024-11-08 Toyota Tsusho Corporation (“Toyota Tsusho”) announced today that in October 2024 it invested in LOGIQUEST INCORPORATED (“LOGIQUEST”), a company that operates a last mile delivery business, in order to expand business. 1. Background The logistics industry in Japan is facing the challenges of driver shortages due to the overtime cap placed in… Continue reading @Toyota: Toyota Tsusho Invests in LOGIQUEST, a Last Mile Delivery Business

@Toyota: Too Afraid to Ask: Hybrid Variations

Some things are similar, but different. A hamburger and turkey burger are both, well, burgers. Red and blue are both colors. Winter and summer? Both seasons. The same, but different. And that brings us to the new Land Cruiser and the Prius. Both hybrids, but in very different ways. How? Well, Jesse Buck with Toyota… Continue reading @Toyota: Too Afraid to Ask: Hybrid Variations

Logistics Automation Market worth USD 52.53 billion by 2029 – Exclusive Report by MarketsandMarkets™

Browse in-depth TOC on “Logistics Automation Market” 444– Tables 68 – Figures 422 – Pages Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=83657139 Scope of the Report Report Metrics Details Market size available for years 2019–2029 Base year considered 2023 Forecast period 2024–2029 Forecast units USD Billion Segments Covered By Offering, By Logistics Type, By Technology, By End User.… Continue reading Logistics Automation Market worth USD 52.53 billion by 2029 – Exclusive Report by MarketsandMarkets™

Kharon Partners with AIAG to Enhance Global Risk Insights and Address Forced Labor in Automotive Supply Chains

New Collaboration Equips Automotive Industry, OEMs, and Suppliers with Access to Kharon’s Advanced Data and Technology Solutions for Navigating Forced Labor Due Diligence DENVER, Nov. 7, 2024 /PRNewswire/ — Kharon announces a strategic partnership with Automotive Industry Action Group (AIAG). Through this partnership, Kharon will expand its support for the automotive sector in navigating challenges related… Continue reading Kharon Partners with AIAG to Enhance Global Risk Insights and Address Forced Labor in Automotive Supply Chains

Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell

Quarterly sales fell to 2.9 trillion yen (USD 19 billion) from 3.1 trillion yen. Nissan reported Thursday a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, prompting the Japanese automaker to slash 9,000 jobs. Chief Executive Makoto Uchida said he was taking a 50% pay cut to… Continue reading Japanese automaker Nissan cuts 9,000 jobs as its vehicles fail to sell

Cars with the best seats 2024/2025

While exceedingly supportive and sportily low, the Civic Type R’s seats are wider and more comfortable day-to-day than those in many of its hot-hatch rivals. They also sit in one of the best interiors in the family hatchback class, with neat design and great build quality – just one of many aspects that made the… Continue reading Cars with the best seats 2024/2025