Toyota profit down as chips shortage keeps customers waiting

TOKYO (AP) — Toyota’s profit fell nearly 18% in the April-June quarter from the year before, as a semiconductor shortage that has slammed the auto industry dented production at Japan’s top...

Self-Driving Cruise Taxi Crashes With Passengers On Board

The driverless Chevy Bolt was carrying three rear-seat passengers. The autonomous car made an unprotected left turn and was hit by a Toyota Prius. The past 30 days have been some of the most...

Why a Rhodes Scholar’s Ambition Led Her to a Job at Starbucks

Jaz Brisack gets up around 5, wills her semiconscious body into a Toyota Prius. After a supervisor unlocks the door, she clocks in, checks herself for Covid symptoms. “I’m almost always on bar if...

Toyota Just Cut Production for the Second Time This Week

Toyota will produce 150,000 fewer vehicles globally this coming month than it originally planned. BMW could make its Mexico facility the base of its EV production operations. Sony is finding big...

Toyota finally has an EV and it's perfectly OK

real electric vehicle in America. Tesla, Nissan, General Motors, Ford, Volkswagen, Audi, BMW, Hyundai, Kia and others have all beat Toyota to market. Toyota, a pioneer in hybrids with the Prius —...

As Gas Prices Rise, Hybrids Make Even More Sense

Most hybrid vehicles pay for themselves in the first few years of ownership. For some vehicles, the payback period is as short as two years. “There’s never been a better time to buy a hybrid,”...

Used cars have risen in value by as much as 69% over the past year

Price of used cars has soared over the past year by an average of 40%. Dodge Grand Caravan jumped the most at 69%, a new report finds. Nissan Versa saw a 66% surge in the value of a three-year-old...

Mercedes says its electric concept has 620 miles of range and seats made with mushrooms

Mercedes' range claim for this concept vehicle is based on computer simulated testing, not actual driving. If the claim is accurate, though, the EQXX would be able to drive fartheron a single...

New EPA Fuel Economy Rules: A Look Behind The Numbers

The US EPA announced new fuel economy rules that ratchet up the pressure on automakers to manufacture more fuel efficient vehicles. Engadget claims the new rules require a corporate average fuel...

How I saved $10,000 on my electric vehicle with tax credits, discounts and good timing

More than 3 in 10 car shoppers have delayed the process since prices are so high. 30% of recent buyers said a vehicle they were planning to see in-person was sold before they got there. Chip...

Toyota in hot pursuit of Tesla, unveiling EV with 500 km range

Toyota Motor has been late to embrace full electrics. It hopes to make up lost ground by debuting its first full-electric vehicle. The bZ4X will provide a range of about 500 km for the...

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