BYD thinks it can make more money than Toyota and it might be right

BYD has its sights set on Toyota. The world’s largest EV maker believes that once it reaches Toyota’s scale, it will make more money per vehicle. This year alone, BYD expects overseas sales to double. The company’s CEO even says that most of BYD’s profits will eventually come from overseas sales. Can BYD make more… Continue reading BYD thinks it can make more money than Toyota and it might be right

Detroit automaker shares fall after Trump’s tariff announcement

The border wall is shown in a background as a semi-truck carrying Toyota trucks crosses a bridge after clearing U.S. Customs while entering the United States from Mexico along the border in San Diego, California, on March 4, 2025. Mike Blake | Reuters Auto stocks are digesting President Donald Trump’s announcement that he would place… Continue reading Detroit automaker shares fall after Trump’s tariff announcement

German FAZ: Trump’s tariffs also meet Hyundai and Toyota Hart008997

FAZ+shock in Asia: Trump’s tariffs also meet Hyundai and Toyota HART27.03.2025, 20:30 reading time: 3 min. Folding out the picture description with high investments and good relationships wanted to avert toyota, hyundai and other Asian car companies Trump’s tariffs. But now there is anger and disappointment. Go to source

German FAZ: Trump’s tariffs also meet Hyundai and Toyota Hart008998

FAZ+shock in Asia: Trump’s tariffs also meet Hyundai and Toyota HART27.03.2025, 20:30 reading time: 3 min. Folding out the picture description with high investments and good relationships wanted to avert toyota, hyundai and other Asian car companies Trump’s tariffs. But now there is anger and disappointment. Go to source

@Toyota: Notice of personnel change

2025-03-27 Toyota Tsusho Corporation (head office: Nagoya City; President & CEO: Ichiro Kashitani) announces the following personnel change. [Effective April 1, 2025] New Organization New Position Name Current Organization Current Position TT Steel Processing (M) Sdn. Bhd. President Kuratani Shota Mobility Material Global Business DepartmentMobility Material Global Group 3 Manager Techno Steel Processing De Mexico,… Continue reading @Toyota: Notice of personnel change

Trump auto tariffs: Wall Street reacts as stocks slide

President Trump is applying the brakes to the profit engines of global automakers. Trump said Wednesday the US will impose 25% tariffs on imports of cars and car parts, to take effect on April 3. The measures will apply to both finished cars and trucks. “This will continue to spur growth that you’ve never seen… Continue reading Trump auto tariffs: Wall Street reacts as stocks slide

Exclusive: Japanese AI startup CADDi that helps manufacturers optimize supply chains gets $38 million in new funding

CADDi, a Japanese startup that uses AI to help large global manufacturing companies optimize their supply chains, has raised $38 million in new funding from U.K.-based venture capital firm Atomico. The new funding values CADDi at $470 million, the company said. The investment round, which the company is classifying as a “Series C extension,” brings… Continue reading Exclusive: Japanese AI startup CADDi that helps manufacturers optimize supply chains gets $38 million in new funding

Plug-In Hybrids Hold Promise for India’s Cities, But Price Tag Holds Them Back

Plug-in Hybrid Electric Vehicles (PHEVs) could play a crucial role in India’s urban mobility landscape, offering the convenience of electric cars with the added security of an internal combustion engine. However, a lack of targeted incentives and high upfront costs continue to prevent these vehicles from entering the mainstream Indian market. At the Future Powertrain… Continue reading Plug-In Hybrids Hold Promise for India’s Cities, But Price Tag Holds Them Back

Tata Motors, Samvardhana Motherson and other auto cos may face Trump’s 25% tariff heat, shares slump

India’s auto component exports to the US was $6.79 billion in FY24, while the country’s imports from the US stood at $1.4 billion at 15 per cent duty, reported PTI citing industry estimates. US President Donald Trump’s decision to impose a 25per cent tariff on all auto imports has sent shockwaves across the global automobile… Continue reading Tata Motors, Samvardhana Motherson and other auto cos may face Trump’s 25% tariff heat, shares slump