Government, Business, Technology, Equipment, Fuel

Toyota Criticizes US Push for Rapid EV Adoption

“The whole EV ecosystem is ahead of the consumer,” Toyota North America COO Jack Hollis said, pointing to tailpipe emission rules from the EPA and California.

Chester Dawson | Bloomberg News
November 8, 2024
Business, Technology

Toyota Joins With Boston Dynamics on AI-Powered Robots

Toyota Motor Corp.’s research unit and Hyundai Motor Co.’s Boston Dynamics are joining forces to speed up development of humanoid robots with artificial intelligence.

Chester Dawson | Bloomberg News
October 16, 2024
Government, Business, Technology, Autonomous

Toyota Boosts Investment in Air Taxi Maker Joby Aviation

Toyota is boosting its investment in air taxi manufacturer Joby Aviation by $500 million to support plans for commercial production, bringing its total investment to $894 million.

Chester Dawson | Bloomberg News
October 2, 2024
Business, Technology

Toyota Boosts Spending on US EV Production by $1.3 Billion

Toyota Motor Corp. is boosting investment at a plant in Kentucky by $1.3 billion as it prepares to start U.S. production next year of a three-row, all-electric SUV.

Chester Dawson | Bloomberg News
February 6, 2024
Business

Toyota Hikes Pay on Heels of UAW-Detroit Deals

Toyota Motor Corp. is raising wages for assembly workers in the U.S. after its Detroit carmaking rivals reached tentative deals with their union to boost pay.

Chester Dawson | Bloomberg News
November 1, 2023
Business, Equipment

Ford Cuts Price on F-150 Lightning by Up to 17%

Ford Motor Co. is slashing prices on the electric version of its best-selling F-150 pickup by as much as 17%, reversing price hikes implemented last year on its debut battery-powered truck.

Chester Dawson | Bloomberg News
July 17, 2023
Business, Technology, Autonomous

Lightning Soars on Deal With Buffett-Backed Bus Maker

Lightning eMotors Inc. shares surged after the company that electrifies commercial vehicles announced a strategic partnership with a Berkshire Hathaway Inc.-backed bus maker.

Chester Dawson | Bloomberg News
August 10, 2021
Business

Pricier Vehicles Seen Driving Rebound in US Auto Market

Demand for higher-priced vehicles from retail buyers at the end of 2020 helped lift U.S. auto sales out of a springtime slump and buffered the impact of a sharp drop in fleet sales to rental car companies.

Chester Dawson | Bloomberg News
January 4, 2021
Business, Technology

Cybertruck Toy Release Delayed Five Months, but Don’t Blame Tesla

Tesla Inc. watchers know all about blown deadlines for product releases by the electric vehicle manufacturer, but even fans of the brand who are too young to drive won’t be getting a promised Cybertruck stocking stuffer this year.

Chester Dawson | Bloomberg News
December 17, 2020
Business, Technology, Equipment

Honda Beefs Up Pickup, SUVs to Bolster Light-Truck Market Share

Honda Motor Co. plans to revamp three key midsized vehicles — two sport utilities and a pickup — by giving them beefier looks. It also will play up their off-road capabilities in marketing to appeal to more-traditional truck buyers.

Chester Dawson | Bloomberg News
October 9, 2020