BYD takes fight to EV laggards with China price cuts

Not content with unseating Tesla as the world’s top-selling electric car maker, BYD has now set its sights on stealing customers from the likes of Toyota Motor and Volkswagen in one of the most aggressive rounds of discounting seen in China’s bruising price war. The automaker is currently discounting almost every electric and hybrid car … Read more

Toyota agrees to biggest wage hike in 25 years, paves way for BOJ shift

Toyota Motor agreed to give factory workers their biggest pay increase in 25 years on Wednesday, heightening expectations that bumper pay raises will give the central bank leeway to make a key policy shift next week. Toyota, Panasonic, Nippon Steel and Nissan were among some of Japan Inc’s biggest names that agreed to fully meet … Read more

Toyota sales: Toyota keeps crown as world’s top-selling automaker in 2023

Toyota Motor sold a record 11.2 million vehicles in 2023, it said on Tuesday, taking the crown as the world’s top-selling automaker for a fourth straight year. The Japanese automaker reported a 7.2% jump in global group sales last year, including those of truck unit Hino Motors and small-car maker Daihatsu, helped by record overseas … Read more

Something Fishy Is Going On With Toyota’s Diesel Trucks

Happy Monday! It’s January 29, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. The Toyota Land Cruiser Is Back Baby! 1st Gear: Toyota Stops Shipping Diesel Vehicles Over Test ‘Irregularities’ It’s been … Read more

Car Buying Is Hard When You’re Paying Student Loans

Happy Thursday! It’s January 11, 2024, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here are the important stories you need to know. Jalopinions | The Best Type is Jaguar’s E-Type 1st Gear: Student Loans Are Getting In The Way … Read more

Tesla Recalls Nearly Ever Car It Has Ever Sold In China Over Autopilot Safety Issues

Good morning! It’s Friday, January 5, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. 1st Gear: Tesla Recalls Every Car It Has Sold In China Safety issues with Tesla’s Autopilot driver assistance … Read more