Toyota Motor Corporation
NYSE: TM
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TM Articles
New car sales in the European Union rose 3.4% in 2017 to more than 15 million units. Year-over-year sales rose by half the rate posted for 2016.
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Volkswagen announced Monday morning that sales of its VW-branded vehicles posted a new all-time high in 2017. Sales in China accounted for more than half the total.
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Ford recently said it is "all in" on electric cars. The problem is that every other major car maker is "all in" on electric cars as well.
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Oil prices hit a three-year high, Toyota and Mazda will build a huge car plant in the United States, one major cryptocurrency has reached record levels, and other important headlines.
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One thing is for certain. The Fiat brand faces the same problems this year as it did last.
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Americans bought about 2.5 million new full-size pickup trucks in 2017. The sales leader was once again the Ford F-Series with nearly 900,000 units sold for the year.
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U.S. car sales are expected to fall in December compared to last year. However, it should be a record month for 2017.
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December car sales are expected to fall nearly 6% compared to December last year. That will not keep 2017 sales from being near record levels.
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Major automakers are making big promises to electrify their new car fleets and forecasting a massive demand shift for electric cars from consumers. Is this realistic?
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Toyota's plans for the next decade plus are ambitious, but they may run into a wall of competition for a market that could be smaller than expected.
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European Union auto sales rose 5.9% year over year in November and is up 4.1% for the first 11 months of the year.
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U.S. new car sales in November totaled 1.4 million units, the second-best November ever, trailing only last year.
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Ford widened its market share lead in pickup trucks last month, nabbing nearly 41% of total pickup sales from the Detroit 3 automakers.
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GM still has to wrestle with its slowly dying primary business of traditional, gasoline-powered cars, the sales of which run well into the millions per year.
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Toyota and Fuel Cell Energy are building a fuel cell power generation plant at Toyota's facilities at the Port of Long Beach. The plant will generate electricity, hydrogen, and water.
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