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Toyota, Lexus See November Sales Soar Over 4% In North America, Boosted By Black Friday Frenzy
Thursday, December 26, 2024 - 2:45am | 407Japanese auto giant Toyota Motor Corp‘s (NYSE:TM) Toyota and Lexus brand vehicle sales in North America rose 4.1% year-on-year in November to 241,662 units even as production in the region was more or less flat as compared to the corresponding period last year. What Happened: Toyota and Lexus...
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Toyota's Global Output Tumbles 11% After Suspension Of Production Of 2 SUVs In North America
Friday, September 27, 2024 - 6:12am | 380Japanese automaker Toyota Motor (NYSE:TM) said on Thursday that it sold 826,863 Toyota and Lexus brand vehicles worldwide in August, marking a drop of 3.1% from August 2023. What Happened: The dip in global sales was spurred by a sales decline in Japan and China. The company’s sales in Japan...
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YouTuber Marques Brownlee Says He Will Not Recommend Lexus RZ 450e SUV Over Tesla Model Y Or Kia EV6: 'One Of The Weirdest EVs I Have Seen In A While'
Saturday, August 10, 2024 - 2:13am | 475Popular tech YouTuber Marques Brownlee said on Friday that he will not recommend Lexus brand’s RZ 450e battery electric SUV as other EVs from rival automakers offer better range for the same price. What Happened: “One of the weirdest EVs I have seen in a while because it is a...
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Toyota Achieves Record Global Output In November Fueled by Strong Consumer Demand
Wednesday, December 27, 2023 - 3:50am | 576Japanese automaker Toyota Motor Corp (NYSE:TM) has registered an impressive surge in its global production for November. The driving force behind this surge is the strong demand both within Japan and overseas. What Happened: Toyota’s worldwide production surged by 11% in November, reaching a...
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$69K Luxury Lexus Meant For Kim Jong Un Blocked By Japanese Authorities In Smuggling Fiasco
Monday, December 11, 2023 - 4:32am | 618Japanese authorities have successfully foiled an attempt to smuggle a luxury Lexus vehicle into North Korea, shedding light on North Korean leader Kim Jong-Un‘s fondness for luxury automobiles. What Happened: As first reported on Thursday by the Japanese daily newspaper Asahi Shimbun and...
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US Hybrid Frenzy Powers Toyota To Historic Sales, Production Figures In October
Wednesday, November 29, 2023 - 5:02am | 299Japanese automaker Toyota Motor Corp (NYSE:TM) on Wednesday reported record October sales and production numbers on the back of strong demand in North America and Europe. Sales Numbers: The automaker sold 970,313 vehicles globally including sales from its units Daihatsu Motor Co and Hino...
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Lexus To 'Humbly Look At And Learn From' Tesla To Gain Traction In EV Race
Friday, September 22, 2023 - 4:55am | 432Lexus, under new global boss Takashi Watanabe, is seeking insights from Tesla‘s achievements to accelerate its entry into the electric vehicle (EV) market, Electrek reported. Watanabe, who took over as president of Lexus in April, stated the company will “humbly...
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Hyundai, Lexus And Genesis 2023 EV Models Win Top Crash Safety Award From IIHS
Friday, September 15, 2023 - 12:03am | 481Three new electric vehicles (EVs) have been awarded the prestigious Insurance Institute of Highway Safety (IIHS) Top Safety Pick+ award. The recipients are the 2023 models of the Hyundai (OTC:HYMTF) Ioniq 6, Lexus (OTC:TOYOF) RZ and Genesis Electrified GV70, Electrek...
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Toyota's Lexus Plans To Launch Electric Vehicles In China
Tuesday, December 10, 2019 - 2:05pm | 382Japanese automaker Toyota Motor Corp (NYSE: TM) is speeding up efforts to launch its first battery-operated Lexus vehicles by 2020, according to The Nikkei Asian Review. The luxury vehicle division is working toward launching its first all-battery electric vehicle in 2020. The Japanese...
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Toyota's U.S. October Sales Fell 8.7% From A Year Ago
Tuesday, November 1, 2016 - 12:06pm | 265Toyota Motor Corp (ADR) (NYSE: TM) reported its total October U.S. sales. Here is Toyota's full September sales report. Toyota sold 186,295 units in October. October's total sales mark a decrease of 8.7 percent from October 2015. However, sales were lower by 1.7 percent when...
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Toyota Motor June Sales Slip 5.6%
Friday, July 1, 2016 - 2:31pm | 352Toyota Motor Corp (ADR) (NYSE: TM) reported its sales of 198,257 units for June month in the United States. This represented 5.6 percent drop from June 2015 on a volume basis. According to the company, with one additional selling day in the current year, sales were down 9.2 percent on a daily...
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General Motors Recalls Now Total 4.8 Million
Monday, March 31, 2014 - 3:59pm | 618In what was rapidly turning into a “recall blitz,” General Motors Company (NYSE: GM) announced Saturday morning that it was adding 490,000 trucks and 172,000 compact cars to its recall total for the first three months of 2014. For anyone without a calculator handy, the total now stands at 4.8...
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Call it a Comeback: Ford, GM & Toyota on the Rise
Wednesday, October 3, 2012 - 9:25am | 573What was once considered to be one of the most doomed industries in the U.S. is rebounding back -- with no apologies. Detroit automakers such as Ford (NYSE: F), Chrysler (OTC: FIATY) and General Motors (NYSE: GM) have been producing numbers throughout 2012 that were simply unthinkable just a few...
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3 Reasons Google's Self-Driving Car Will Flop
Monday, September 10, 2012 - 9:16am | 821It may seem like something out of an episode of "The Jetsons," but give internet search giant Google (NASDAQ: GOOG) credit. The company has made impressive strides toward making self-driving cars a reality. Google recently announced its fleet of a dozen self-driving vehicles has logged 300,000...
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Luxury Cars Fail Crash Test; Ford Recalls More Vehicles
Tuesday, August 14, 2012 - 8:39am | 492The auto industry has had its fair share of trials to overcome as of late, as trusted motor companies like Ford (NYSE: F) and Toyota (NYSE: TM) have dished out many recalls throughout 2012. Now drivers may feel the need to heighten their skepticism, as several luxury vehicles have failed to pass a...