US Auto Industry Down 8% Since 2019
CleanTechnica EVs
SEPTEMBER 24, 2023
It’s time for another one of our quarterly US auto sales reports. No other media outlet compares US auto industry trends with as much history and depth as we do in these.
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CleanTechnica EVs
SEPTEMBER 24, 2023
It’s time for another one of our quarterly US auto sales reports. No other media outlet compares US auto industry trends with as much history and depth as we do in these.
Teslarati
APRIL 22, 2024
Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, as shown in a new data analysis publicized last week. The total 10-year cost of maintaining and repairing a Tesla is the cheapest in the industry, according to a data analysis shared by Consumer Reports on Friday.
CleanTechnica EVs
FEBRUARY 26, 2023
The US auto industry has been declining steadily for a few years at least. Compared to 2021, the American auto industry’s annual sales were down by more than 1 million units, or 8%. Compared to 2020, there were “only” down by 725,726 units (5%).
CleanTechnica EVs
FEBRUARY 26, 2023
The US auto industry is truly on the rebound. Seemingly not, as US auto industry sales in the 4th quarter of 2022 were 10% higher than […] In the 3rd quarter, sales increasing 1% compared to the 3rd quarter of 2021, the first positive trend in a while. But was it just a lucky little blip?
Baua Electric
MARCH 24, 2024
Volkswagen Australia has broken with this trend—the business unit has distanced itself from the policies of Australia’s auto industry trade group, the Federal Chamber of Automotive Industries , which is waging a campaign against new emissions standards. The FCAI naturally wants the government to water down its policy.
Teslarati
SEPTEMBER 19, 2022
The automotive industry spent less on advertising during the first seven months of 2022. Although Tesla spends $0, the decline in ad spending could be an indicator of troubles for an industry trying to compete with Tesla’s EV lead. Reuters reported that the auto industry’s ad spending fell to $4.8
Green Car Congress
DECEMBER 3, 2021
Toyota showcased its experimental hydrogen-powered combustion engine technology in the multiple award-winning GR Yaris. The hydrogen fuel, fuel tanks and refueling process of the experimental vehicle are the same as found in the Mirai, Toyota’s commercially available flagship fuel cell electric vehicle. 2022 GR Yaris Hydrogen.
The Truth About Cars
JUNE 25, 2024
The Alliance for Automotive Innovation, which represents GM, Toyota, and most others, noted that the higher speeds would require much earlier braking times from AEB systems, which could result in surprised drivers and rear-end collisions. Images: Ford, Toyota, VW] Become a& TTAC insider.
My Electric Car
JANUARY 12, 2023
The Japanese auto industry is facing a potential demise due to its slow adoption of electric cars. However, the Japanese auto industry has been slow to adopt this technology, and has not been able to keep up with the competition from other countries. Add to that the huge debt burden already carried by the likes of Toyota.
CleanTechnica EVs
OCTOBER 18, 2021
Comparing the 3rd quarter of 2021 to the 3rd quarter of 2020, US Tesla sales were up 67% while overall US auto sales were down 13%. Compared to 2019, the difference was even more stark — Tesla sales were up 104% and US auto sales were down 22%.
Baua Electric
JANUARY 23, 2024
Bosch, the world’s largest automotive supplier for Ford, GM, Toyota, VW, and BMW, among others, said last week that as many as 1,200 employers in its software and electronics division would be fired by the end of 2026, and that 80% of those cuts would take place at the Stuttgart-based headquarters in Germany. Get started here.
Green Car Reports
MAY 20, 2014
It''s also, amazingly, become California''s biggest auto-industry employer--edging out even Toyota. When Toyota makes its move to Texas, taking most of its 5,300 jobs to the Lone Star State.' Tesla Motors is one of the youngest U.S.
Electric Cars Report
JANUARY 8, 2024
Since the unveiling and subsequent launch, the all-new Toyota Prius/Prius Prime has earned high praise and accolades throughout the auto industry. The 2024 […] The post All-New Toyota Prius/Prius Prime Named 2024 North American Car of the Year appeared first on Electric Cars Report.
Green Car Congress
JANUARY 7, 2016
Established automotive industry companies—not Silicon Valley—are leading the development of autonomous driving technology, according to a new report from the Intellectual Property and Science business of Thomson Reuters. Toyota and Hyundai take the second and third places.
Green Car Congress
DECEMBER 16, 2012
A study by researchers at Iowa State University has determined that the automotive industry has a very large potential to utilize biobased materials. However, they noted, there are also many challenges associated with the use of biobased parts in the auto industry. Cost to manufacture is one of the main considerations.
Green Car Reports
JUNE 3, 2022
Toyota gets in the home energy storage business—albeit only in Japan, for now. And Ford’s CEO sees EVs as the spark for a big industry consolidation. Is the auto industry headed for a big shakeout, and a price war over EVs? Mercedes puts a price on its EQB electric SUV. In a financial.
CleanTechnica EVs
SEPTEMBER 13, 2024
It seems that we’ve had a few tiers of EV enthusiasm in the auto industry for the past decade or so. On the other end, you’ve got the extreme foot draggers — Honda, Toyota, [continued] The post Kia Excited About Coming EV3 appeared first on CleanTechnica.
Electrek
DECEMBER 28, 2022
Hyundai is officially the third-largest automaker globally after jumpstarting the brand in 2022, behind only Volkswagen and Toyota. However, the South Korean automaker may have an advantage as the auto industry transitions to electric vehicles.
Green Car Congress
JANUARY 8, 2014
Percentage of Global R&D Spending by Industry, 2013. A newly-released report by the Center for Automotive Research (CAR) concludes that the automotive industry is not only “high-tech,” it is frequently a leader in technological developments and applications. Click to enlarge. —Center for Automotive Research. Click to enlarge.
InsideEVs
APRIL 1, 2021
Several major automakers are on board with Biden's optimistic plan, including GM, Toyota, and Volkswagen.
InsideEVs
SEPTEMBER 6, 2024
Also on Critical Materials: More on the German auto industry's "multiple challenges," and South Korea forces EV makers to name names.
Electrek
MARCH 3, 2023
As the auto industry charges ahead toward a fully electric future, you can start to see clear leaders and laggards. The automaker announced Friday it was appointing a new CEO to address the “profound transformation” to EVs in the auto industry, following a similar move from Toyota recently.
Teslarati
JANUARY 26, 2023
Long-time Toyota CEO and grandson to the company’s founder, Akio Toyoda, has announced that he will leave his position later this year. Akio Toyoda’s goals within the auto industry were clear. Toyota plans $13.6B Toyota plans $13.6B The road ahead of Toyota is a difficult one.
CleanTechnica EVs
NOVEMBER 14, 2021
By Charles Morris Toyota didn’t rise to the pinnacle of the global auto industry by chance. Originally posted on EVANNEX. Throughout its history, it’s been an extremely innovative, forward-looking company. Books have been written, and college courses taught, about its engineering excellence.
Teslarati
JUNE 5, 2023
Tesla Model Y is another step closer to becoming the world’s best-selling vehicle in any category after overtaking Toyota RAV4 sales in Australia. Meanwhile, Toyota sold a total of 2,616 RAV4 vehicles. Only the Toyota Hi-Lux pickup truck and the Ford Ranger pickup sold more units than the Tesla Model Y.
Electrek
OCTOBER 1, 2022
It looks like Toyota is still not getting the message: people want electric vehicles, not hybrids. Despite all the evidence pointing to the inevitable growth of EVs in the auto industry, Toyota insists on sticking with hybrids, claiming, “That’s our strategy, and we’re sticking to it.”
Green Car Congress
MAY 2, 2019
Silicon Valley-based venture capital firm Toyota AI Ventures (TAIV) has launched Fund II, a new $100-million fund dedicated to investing in early-stage startups developing technologies and business models in the autonomous mobility and robotics markets. Toyota AI Ventures will also use Fund II to continue to strengthen its portfolio services.
CleanTechnica EVs
JUNE 9, 2024
The US auto industry is in a very interesting place. In this US auto industry sales report, I compare 1st quarter (Q1) sales going back 5 years. continued] The post US Auto Sales Up 5% in Q1 vs.
Green Car Congress
APRIL 1, 2010
The European automobile industry expressed concern about the “ sudden and massive ” increase in the price of iron ore, a crucial material for producing steel. The automobile industry needs broad access to raw materials at competitive conditions, especially in times of fragile economic circumstances, ACEA said.
CleanTechnica EVs
FEBRUARY 3, 2023
The entire Japanese auto industry, and especially Toyota, appears to be in denial about the global ascendency of electric drivetrains. (Certification chatGTP was not used in the writing of this article.) Recent conservations with my mate, retired economics professor Dr Paul Wildman, have led to this article.
Teslarati
AUGUST 2, 2023
Toyota invested $11.1 The investment supports future STEM careers in the area, including job opportunities in the auto industry. It also includes Toyota USA Foundations’ $11.1 Today is another Toyota Terrific day for the state as they roll out their first Grand Highlanders down the production line,” said Governor Eric J.
Green Car Congress
SEPTEMBER 13, 2017
It’s also in line with what is expected of other industry sectors, as well as the EU Climate and Energy Framework and the global Paris agreement. Our industry is committed to being part of the solution when it comes to decarbonizing road transport, while at the same time reducing pollutant emissions. This is a steep reduction.
Teslarati
APRIL 4, 2022
Tesla ( NASDAQ:TSLA ) essentially bucked the auto industry in the first quarter of 2022. General Motors noted that its sales were down 20% for the quarter, while Toyota’s sales fell by 15%. The post Tesla bucked the industry with its Q1 results — now TSLA is seeing momentum appeared first on TESLARATI.
Green Car Congress
APRIL 2, 2022
Despite being a pioneer in hybrid vehicles, Toyota was slow to implement BEV strategies; President Akio Toyoda announced the bZ EV brand only last year. Toyota plans to launch 30 models by 2030. Prior to this, Toyota had only a few BEV models manufactured with its Chinese partner GAC Group. Toyota announced US$70.4
Baua Electric
JANUARY 17, 2024
Read more Tata Motors has opposed Toyota’s appeal for tax reduction on hybrid cars, claiming that they are more polluting than electric vehicles and should not be given a tax advantage. Several automakers like Toyota, who have been selling hybrid cars in India have been lobbying for a tax cut on the hybrid vehicles in India.
Green Car Congress
SEPTEMBER 25, 2009
The auto industry in principle is not opposed to the introduction of such mid-level blends (i.e., The industry also has suggested that rather than make incremental changes to the amount of ethanol blended with gasoline to increase ethanol consumption, a better investment would be to expand the E85 infrastructure. Earlier post.)
Electrek
OCTOBER 26, 2022
Is the world’s largest automaker finally responding to the rapidly changing auto industry? Toyota is now considering ramping up production of its first 100% electric mass-market vehicle, the bZ4X SUV, but not until 2025, according to sources familiar with the plans.
Green Car Congress
JULY 20, 2010
Organizations representing auto manufacturers, electric utilities and the electric drive industry are calling on President Obama to establish a new National Electric Fuel Task Force to help accelerate the adoption of plug-in electric vehicles and the necessary infrastructure. Under the American Recovery and Reinvestment Act, $2.4
CleanTechnica EVs
APRIL 20, 2023
Electric vehicles are quickly becoming the center of attention in the auto industry, and while Tesla has been dominating deliveries and production of zero-tailpipe-emission vehicles in recent years, it’s also becoming more valuable as a brand.
CleanTechnica EVs
SEPTEMBER 8, 2021
Toyota is well known in the world of EV enthusiasts as one of the top foot-draggers in the auto industry. Ironically, outside of the world of EV enthusiasts, when people think “electric,” Toyota often comes to mind. The two realities are not unrelated.
Baua Electric
SEPTEMBER 1, 2024
By: HT Auto Desk | Updated on: 02 Sep 2024, 10:50 AM Toyota’s rebadged Maruti Suzuki models like the Glanza, Taisor and Rumion have contributed more than half of its overall sales between April and July. Toyota sold 30,879 cars last month, up from just 22,910 units it sold in August last year.
Teslarati
JUNE 16, 2023
Toyota Motor Company is expected to receive an $853 million subsidy from Japan’s industry ministry to expand its electric vehicle (EV) battery production. Toyota has ambitious EV battery production plans for the future. Toyota plans to produce low-cost battery cells with 621 miles of cruising range before 2030.
Baua Electric
MAY 14, 2024
Toyota has the worst climate lobbying score of any automaker, and the third-worst 2030 EV production plans, according to InfluenceMap’s annual report on climate lobbying. Another year, another report showing how bad Toyota is for the environment. Forecasts suggest the industry will only produce 53% EVs by 2030 at current pace.
Teslarati
JUNE 15, 2023
In its last briefing session, Toyota Motor Corporation set ambitious electric vehicle (EV) goals. With the resources we earn, we will improve our product appeal to exceed customer expectations and secure earnings,” stated Toyota. Toyota has steep BEV goals for the next few years as it adapts to an ever-changing auto industry.
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