Toyota Motor Corp.

(Editor’s note: The story has been updated to include Toyota’s statement) Tesla Inc. (NASDAQ:TSLA) has reportedly lost Toyota Motor Corp (NYSE:TM) and Stellantis NV (NYSE:STLA) from its carbon credits pool in the European Union. Tesla Loses A Revenue Stream Toyota and Stellantis have...

Cox Automotive anticipates a surge of over 70 electric vehicle models entering the American EV market within the next two years, setting the stage for an impending EV “stampede.” What Happened: In the current year, Cox projects the introduction of 37 EV models from various...

The Chinese auto industry had some great results over the past few decades. But 2019 was a second consequential year in a car sales decline. So, the trend was already going downhill when the coronavirus outbreak started amplifying the downhill slope and crushed some hopes that the Chinese car...

Santa Cruz-based startup Joby Aviation has raised $590 million in a Series C funding round, the company announced Wednesday. What Happened Japanese automaker Toyota Motor Corporation (NYSE: TM) led the funding round with $394 million investments in the secretive startup that wants to make air...

Goldman Sachs said May's light vehicle SAAR of 17.4 million was in line with GS/consensus estimates despite weaker results from General Motors Company (NYSE: GM) as foreign manufacturers took share. However, shares of GM and Ford Motor Company (NYSE: F) fell 3.42 percent and 2.89...

A host of automotive companies released their U.S. sales figures for the month of July on Monday. Forecasts at the end of last month by JD Power and Kelley Blue Book both anticipated more than a 3 percent year-over-year increase and the highest sales total for the month in over a decade. The...

On Wednesday morning, the People’s Bank of China announced that it was planning to keep monetary policy steady throughout 2014, despite conflicting reports from the nation’s finance ministry. The ministry reported that, total fiscal spending in May increased to 1.3 trillion yuan,...

A resurgence in demand for trucks, coupled with a desire to cut operating costs on the part of commercial fleet buyers, led Ford Motor (NYSE: F) to announce that later this year it will begin selling an F-150 pickup modified to run on compressed natural gas, according to The Wall Street Journal...

A new study by the University of Michigan Transportation Research Institute concluded that Americans are driving less. According to The Car Connection, the University of Michigan study backs up a similar study conducted by the U.S. Public Research Group in May. Michael Sivak, author of the...

When was the last time you heard anyone discussing “hydrogen fuel cells?” Been awhile, hasn’t it? Well, get ready, they’re back! So said Bloomberg, reporting the news that Toyota Motor Corporation (NYSE: TM) plans to roll out a hydrogen fuel cell powered car in 2015. Hydrogen fuel cells have...

Demand for cars and trucks is up. U.S. automakers have noticed and are responding. Bloomberg noted Wednesday that number two U.S. automaker, Ford Motor Co. (NYSE: F), will add the capacity to build 200,000 more vehicles a year in North America. All this based on increased demand for Ford’s F-...

General Motors(NYSE: GM) Chairman and CEO Dan Akerson told The Detroit News Wednesday he's expecting April auto sales to be about the same as those posted in March. Among Akerson’s concerns – low consumer confidence in the U.S. and weak sales and a weak economy in Europe. GM lost $1.8 billion...

Apparently tweeting the fact that you are updating your Facebook (NASDAQ: FB) status while checking your location on satellite image GPS all at the same time isn’t such a good idea. At least not while driving down the freeway at 70 mph. So said the Transportation Department in non-binding...

Give shock jock Howard Stern credit. Despite a five-year deal worth $500 million, Stern felt he was owed another $330 million in stock bonuses from Sirius XM (NASDAQ: SIRI) – and went to court over it. Stern had claimed that Sirius should count subscribers to the former XM Satellite Radio,...