Toyota Motor will need to build 700,000 vehicles worldwide in February, an increase of 10% on the year, but will still have to make a million more in March in
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Carlyle Group purchased a 10% stake in logistics company Hyundai Glovis worth about 611 billion won ($510 million), Hyundai Motor Group said on Wednesday. The shares in the Hyundai Motor
Toyota Motor has outsold General Motors in the United States for 2021, marking the first time the American automaker has not led U.S. auto sales since 1931. Toyota sold 2.332 million
Toyota Motor on Tuesday reported a 10.4% increase in U.S. auto sales for 2021. The result shows that the automaker overcame supply chain snarls to meet demand from customers. The
Hyundai Motor and affiliate Kia Motors on Monday said that their combined global sales will increase 12.1% in 2022, even as last year’s sales couldn’t meet the sales target due
Zeekr will make electric vehicles for Waymo that will be deployed as fully autonomous ride-hailing vehicles across the United States. Zeekr is Geely Holding’s premium electric mobility brand, described by
The National Highway Traffic Safety Administration (NHTSA) has stepped up its investigation into engine fires that have affected some Hyundai Motor and Kia Motors vehicles for over six years. NHTSA said
Toyota Motor said on Tuesday it will introduce a service next year that would provide customization and updates for cars as customers increasingly hold on to their automobiles for long
Toyota Motor said on Monday it would halt production at five factories in Japan in January over supply chain issues and chip shortages. The automaker said that the stoppage at
Nissan Motor prepares to build new battery recycling factories in the United States and Europe by the end of fiscal 2025. The news was first reported by Nikkei. The automaker hopes
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