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Toyota

Affordability is key for the latest wave of car shoppers. Can carmakers keep up?

by Savannah Peters
Apr 2, 2024
Many companies have focused on building more expensive SUVs and fewer affordable compact cars. That's causing a mismatch with current demand.
“Even now, though, a monthly car payment can be well over $700. Which is obviously a pretty large monthly expense for a household,” says David Whiston, an auto analyst with Morningstar.
Brandon Bell/Getty Images
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How recalls can affect a company's bottom line — and future sales

by Samantha Fields
Feb 28, 2024
A recent Toyota recall affects more than 280,000 vehicles. But not all recalls are created equal in terms of how they color a company's brand and long-term customer loyalty.
More than 280,000 Toyota SUVs and pickup trucks were recalled over a software issue. But care recalls are actually pretty common.
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Toyota's Camry sedan is going exclusively hybrid in 2024

by Henry Epp
Nov 16, 2023
The automaker has expanded its line of hybrid vehicles as it bets that some motorists are not ready for fully electric vehicles.
Toyota's focus on hybrids sets it apart from other automakers, which have thrown money into developing and producing fully electric vehicles in recent years.
Justin Sullivan/Getty Images
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Toyota makes push for solid-state battery technology for EVs

by Lily Jamali
Jul 6, 2023
If the carmaker is successful, it could revolutionize the electric vehicle industry and Toyota's place in it.
If successful, the technology will be a gamechanger. But Toyota says they're still a few years out from putting the new battery on the market.
Yuichi Yamazaki
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Sales of fully electric vehicles nearly doubled in 2022. Which carmakers came out on top?

by Matt Levin
Jan 6, 2023
EVs account for about 5% of car purchases, according to automotive website Edmunds. Rivals to Tesla are making inroads.
Tesla still holds an estimated 60% of the EV market, but its share has been declining.
Brandon Bell/Getty Images
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Back to Business

Southern car plants are humming, but worker vaccinations have stalled

by Blake Farmer
Jun 21, 2021
Auto makers are trying to figure out the best way to encourage more workers to get vaccinated.
General Motors’ Spring Hill, Tennessee site, along with most car plants, is continuing to require masks for employees building cars as many plants struggle to reach a level of herd immunity.
Courtesy of GM
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Divided Decade

How auto industry towns are faring a decade after the bailout

by Mitchell Hartman
Nov 13, 2018
We take a look at four cities whose fates are linked to Chrysler and GM.
 Workers build a Jeep Compass at the Fiat Chrysler assembly plant in Belvidere, Illinois, in 2012.
Photo by Scott Olson/Getty Images
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Amazon wants tax incentives, Texas knows the drill

by Mitchell Hartman
May 3, 2018
As Amazon considers locations for its second headquarters, incentives are on the table.
Toyota was offered more than $50 million in financial incentives and tax abatements from the Texas Enterprise Fund and the city of Plano to move its North American headquarters to Plano, above.
Courtesy of Amanda Roark/Toyota
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Kobe Steel falsified data about the strength of its metals used in planes and cars

by David Brancaccio and Janet Nguyen
Oct 10, 2017
Copper and aluminum from the Tokyo-based company went into products at about 200 companies.
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Toyota and Mazda team up to open U.S. plant

by Ryan Kailath
Aug 4, 2017
Toyota and Mazda are planning to build a $1.6 billion plant in the U.S. in the next few years. Toyota’s worth about 20 times what Mazda is, so it’s unclear what Toyota is getting from the partnership, but the new plant is rumored to produce electric vehicles. Click the audio player above to hear the […]
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