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“Toyota, GM sales fall on chip shortage, supply chain snags” Toyota Motor and General Motors reported a slump in first-quarter US sales on Friday, as industry-wide disruptions to supply chains and chip shortages squeezed inventories. Toyota, which in 2021 upstaged GM’s decades-old position as the top-selling automaker in the United States, outsold the company in the…
“Apple, Toyota and Volkswagen close factories” New coronavirus lockdowns in China are snarling production for everything from Apple iPhones to Toyota SUVs — and threatening to make already red-hot global inflation even worse. Key Apple suppliers including Foxconn have been forced to shut down factories in Shenzhen, where iPhones, iPads and Mac computers are produced,…
“#The Best of Tokyo Auto Salon 2022” To really appreciate a car’s styling and market impact, you really have to see it—in the flesh. I mean, online car launches and briefings are good, but they cannot hope to substitute for the real thing. Seeing is believing, as they say, right? That’s why I made a…
“#Short-seller Fraser Perring bets against Tesla” A short seller who accurately predicted the downfall of German payment processor Wirecard is now betting that Tesla’s stock will fall, claiming that the company is overvalued compared to auto giants Toyota and Volkswagen. “Are Toyota and VW undervalued or is Tesla overpriced?” Fraser Perring, the founder of investigative…
“#2021 Toyota Land Cruiser Review” Forget the Corolla or Camry. The Land Cruiser is Toyota’s longest running vehicle series ever, having just reached its 16th generation after first debuting way back in 1951. Some 14 years since the 200-Series was launched in 2007, the all-new 300-Series version has arrived with a bolder exterior, new engines,…
“#2021 Toyota Land Cruiser Review” Forget the Corolla or Camry. The Land Cruiser is Toyota’s longest running vehicle series ever, having just reached its 16th generation after first debuting way back in 1951. Some 14 years since the 200-Series was launched in 2007, the all-new 300-Series version has arrived with a bolder exterior, new engines,…
“# Toyota’s IT arm works on digital token pilot with crypto exchange ” Toyota Systems, the IT arm of Toyota Motor Corporation, is collaborating with Japanese cryptocurrency exchange DeCurret to develop a branded Toyota digital currency, according to an official announcement on Oct. 26. The large-scale pilot will involve 2,500 employees at Toyota Systems. The…