Japan's Stock Market Is Booming. It Isn't All About the Weak Yen

wsj.com Although some prominent companies such as Toyota are benefiting from a weaker Japanese currency, the broad impact is mixed.

Ford Stock Analysis: Can a Hybrid Shift Overcome EV Growing Pains?

investorplace.com The U.S. automaker is trying not to make the same mistakes it did back in the 1980s Ford (NYSE: ) delivered respectable first-quarter results that missed Wall Street’s top…

“It Was Horrific”: A Situation Room Officer’s Harrowing Account of an American Insurrection

vanityfair.com Dawn had not yet broken when Mike Stiegler steered his blue Toyota Camry toward the White House on January 6, 2021. It was 4:20 a.m., and Stiegler was arriving early for his…

No, combustion engines won’t be supplanted by electric vehicles

fortune.com Today, support for a sustainable future of transport is unanimous, and it is rightfully acknowledged that electric vehicles (EVs) will play a critical role in pursuing this…

The Chevy Malibu is the latest sedan to die

morningbrew.com High school parking lots are going to look a lot different in 10 years. This week, GM announced it’s retiring the Chevy Malibu, the company’s last sedan model, to focus on…

Ford’s EV plans take latest backstep with European retreat in favor of hybrids

teslarati.com Ford’s electric vehicle plans have taken yet another backstep as its European business head hinted that the automaker could favor hybrid electric vehicles as consumers lead…

Chevrolet Malibu heads for the junkyard as GM shifts focus to electric vehicles

apnews.com The Chevrolet Malibu, the last midsize car made by a Detroit automaker, is heading for the junkyard. General Motors confirmed Thursday that it will stop making the car…

GM confirms the death of the Chevy Malibu, the last Detroit midsize model

fortune.com The Chevrolet Malibu, the last midsize car made by a Detroit automaker, is heading for the junkyard. General Motors confirmed Thursday that it will stop making the car…

The Chevy Malibu, the brand’s last sedan, will end production

cnn.com The Chevrolet Malibu, the last sedan still sold by General Motors’ biggest selling brand, will end production this year, the company announced. Malibu production will end in…

GM is letting the sun set on its Chevrolet Malibu, once a top-seller in the U.S

cbsnews.com General Motors plans to stop making its Chevrolet Malibu at the end of the year as it makes room for production on more electric vehicles. First introduced in 1964, the…

Tesla Cuts Thousands Of U.S. Job Listings Following Massive Layoffs

jalopnik.com Good morning! It’s Thursday, May 9, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the…

Toyota's Blockbuster Report Amid The EV Slowdown Reflect Its Determination To Catch Up On Software

finance.yahoo.com On Wednesday, Toyota Motor Company (NYSE: TM) reported a blockbuster fourth quarter to end its fiscal year, achieving records from sales to profits. While late in the EV…

Kristi Noem and the politics of puppy killing

theweek.com "American voters have never been more polarised," said John Hendrickson in The Atlantic, but there's one thing they still all agree on: shooting puppies is wrong. That much…

How NBCUniversal Ad Sales Chief Mark Marshall Keeps His Cool as Tough Upfront Negotiations Loom

variety.com Mark Marshall has been given a lot of time to prepare for NBC Universal’s annual presentation to advertisers. Last year, he only had 72 hours. Marshall, a longtime…

I drove Hyundai's best-selling SUV and found it's a perfect hybrid for people who don't like hybrids

aol.com May 9, 2024 at 9:01 AM • None The Hyundai Tucson Hybrid is a compact crossover SUV that rivals competitors from Toyota and Honda. • None I enjoyed the Tucson Hybrid's…

Today's Logistics Report: Probing the Dali Disaster; Tracking Norfolk Southern; Shifting Online Outlook

createsend.com Germany’s industrial production declined 0.4% in March one month after a downwardly revised 1.7% increase in February. (WSJ) Improving corporate profits suggest the U.S.…

Car as a Connected Living Ecosystem worth USD 1.5 trillion by 2035

benzinga.com CHICAGO , May 9, 2024 /PRNewswire/ -- Car as a Connected Living Ecosystem is estimated to grow from USD 8 billion in 2023 to more than USD 1.5 trillion by 2035 at the CAGR…

Toyota issues muted profit forecast following blowout 2024 results

finance.yahoo.com the world’s largest automaker by production, reported blowout results for its fiscal year 2024, though investor response was muted as the company issued a conservative…

Toyota projected a drop in fiscal-year profit on higher costs and announced a share buyback after posting stronger fourth-quarter net profit

wsj.com Toyota projected a drop in fiscal-year profit on higher costs and announced a share buyback after posting stronger fourth-quarter net profit.

US Warns it Could Ban Connected Chinese Electric Vehicles

asiafinancial.com US Commerce Secretary Gina Raimondo issued a warning on Wednesday that the US could take “extreme action” and ban Chinese connected vehicles or impose restrictions on them.…

GM to Retire the Chevy Malibu to Make More EVs

nytimes.com General Motors said on Wednesday that it would stop making the Chevrolet Malibu, the last affordable sedan in its U.S. model lineup and a venerable nameplate that was…

EV Big Rigs Are Getting Too Expensive for Trucking Customers

thedailyupside.com Eastbound and down, but not quite loaded up and truckin’. Freight truck leasing companies that said customers were demanding battery-powered big rigs are now having a hard…

5 Honda Accord Years to Avoid and 5 Years to Own

247wallst.com One of the most popular mid-size sedans on the road today, the Honda Accord needs no introduction. This hugely popular car has been around since 1976 in various capacities.…

Toyota racks up booming profit, vows to invest to keep growth going

apnews.com Toyota doubled its net profit in the fiscal year that ended in March, as strong vehicles sales and a favorable exchange rate lifted results for Japan’s top automaker. Toyota…

Stock market today: Bud Light maker, Reddit, Lyft shares up

newsweek.com Major U.S. indexes opened lower on Wednesday as another busy day of earnings kicked off. First-quarter earnings season is nearing an end but there were still plenty of…

Toyota to invest $13bn in EVs, AI and supply chain

asia.nikkei.com TOKYO -- Toyota Motor on Wednesday reported a record net profit of 4.9 trillion yen ($31.8 billion) for the financial year ended March, double that of the previous 12…

Toyota says looming investment to weigh on profit after blockbuster fourth quarter

theglobeandmail.com Toyota Motor TM-N forecast a 20 per cent profit decline in the current financial year on Wednesday, citing looming investment in both its suppliers and strategy after it…

Musk Offered to Launch Robotaxis in China for FSD Approval

asiafinancial.com Tesla chief Elon Musk proposed to test Tesla’s full self-driving (FSD) system in China by deploying it in the country’s robotaxis, according to Chinese state media reports…

TM Earnings: Bumper Profits, Weak Outlook, and a ¥1T Buyback

tipranks.com Japanese automotive major Toyota (NYSE:TM) reported a nearly 80% jump in its Q4 top line as the company benefitted from robust demand for hybrids a...

Toyota to invest $13 billion in EVs, AI and human resources

asia.nikkei.com TOKYO -- Toyota Motor on Wednesday reported a record net profit of 4.9 trillion yen ($31.8 billion) for the financial year ended March, double that of the previous 12…

Toyota profit surges amid hybrid demand as BMW sees net income slump

marketwatch.com Toyota said a combination of higher sales and stronger margins saw it more than double its profits in the first quarter of 2024, as its rival BMW saw its profits slump

Futures tread water, more earnings ahead, Toyota reports

investing.com Investing.com -- U.S. stock futures hug the flatline as markets assess the potential of Federal Reserve interest rate cuts later this year. More quarterly earnings reports…

Auto: BMW's Earnings Decline, Toyota's Weak Outlook

youtube.com BMW saw a fall in the first quarter after rising manufacturing costs weighed on profitability and Toyota gave a weak profit outlook ...

Toyota posts record net profit on weak yen and strong hybrid sales

japantimes.co.jp Toyota reported record annual net profit of ¥4.94 trillion ($31.9 billion) on Wednesday, but the world's largest automaker by sales warned that the current year would be…

Toyota posts record yearly net income, revenue

japantimes.co.jp Toyota said Wednesday that it enjoyed a record net profit of ¥4.94 trillion ($31.9 billion) in the year to March on revenues of ¥45.1 trillion, which was also an all-time…

Train strikes halt most services in west of England, Midlands and routes to Scotland and Wales

theguardian.com Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. There’s more disruption for rail passengers in England today,…

UAW seeks to bring unions to the South

marketplace.org After going on strike and securing lucrative new contracts with GM, Ford and Stellantis last fall, the United Auto Workers union, under new president Shawn Fain, recently…

Mercedes union-busting allegations are becoming a international issue

thestreet.com A recent meeting between U.S. government officials and its German counterparts involved alleged union-busting allegations in Mercedes-Benz's (DDAIF) Alabama plant — a move…

The 3 Best Battery Stocks to Buy in May 2024

investorplace.com With lithium prices rebounding and EV recalibration underway, consider adding battery stocks to buy It’s tough to advocate for buying battery stocks at this point. With the…

'Can I Get A Reliable Car For $5,000?'

finance.yahoo.com Dave Ramsey, known for his financial guidance, has recently addressed the topic of purchasing cars without debt. On a Facebook reel posted on April 13, Ramsey responded to a…

5 Worst Toyota Camry Years To Avoid and 5 Years To Own

247wallst.com As one of the most popular vehicles in the world, the Toyota Camry has a stellar reputation. Originally sold in Japan beginning in 1982 as a compact, the mid-size Camry we…

Is FuelCell Stock a Buy on Its Toyota Partnership?

barchart.com The clean energy company's high-profile pairing with hybrid auto giant Toyota could be a game-changer over the long term. However, is FuelCell stock a buy right now?

Tesla Chairwoman Robyn Denholm has sold over $50 million worth of stock in 2024

cnbc.com Robyn Denholm, chairman of Tesla Inc., speaks during an American Chamber of Commerce in Australia event in Sydney, Australia, on Wednesday, March 27, 2019. Tesla Chairwoman…

Buckle Up for Toyota Stock’s Next Leg Up: Why TM Shows No Signs of Slowing

investorplace.com Toyota Motors stock could continue to gain from taking the road less traveled Just like Toyota Motor’s (NYSE:TM) 1990s advertising jingle “I love what you do for me,…

Hybrid Headache: Why Rivian Stock May Sputter Amid This New Headwind

investorplace.com The market isn’t big enough to serve all niches There’s no denying that electric vehicle manufacturer Rivian Automotive (NASDAQ:RIVN) has been on the move recently. At the…

Stock market today: Disney shares up ahead of earnings, futures flat

newsweek.com U.S. futures were broadly flat Tuesday after a solid start to the week for the major indexes and as investors awaited more earnings reports. British multinational oil and…

The 2024 Nissan Sentra is wallet-friendly fun in an efficient package

newsweek.com The Nissan Sentra is one of the Japanese company's longest running nameplates still in use in America, premiering stateside in 1982. Eight generations later the sedan now…

Daihatsu resumes production at all plants

japantimes.co.jp Daihatsu Motor on Tuesday resumed production at its plant in Ikeda, Osaka Prefecture, after suspending operations from late December last year due to its safety test fraud…

Senators accuse Mercedes, Toyota, Hyundai and other automakers of putting privacy at risk

thestreet.com When it comes to the use of technology, it is very easy to conclude that modern-day automobiles are akin to "smartphones on wheels," as they contain internet-connected,…