2023 Prius Prime on display, April 6, 2023. Scott Mlyn | CNBC DETROIT — As sales of all-electric vehicles grow more slowly than expected, major automakers are increasingly meeting their customers in the middle. More and more companies are reconsidering the viability of hybrid cars and trucks to appease consumer demand and avoid costly penalties … Read more
Akio Toyoda, president and CEO of Toyota Motor Corp. Kiyoshi Ota | Bloomberg | Getty Photographs DETROIT – Toyota Motor inventory sealed its greatest week since 2009 on Friday, because the automaker laid out a strong plan for future all-electric autos and firm scion Akio Toyoda turned chief of the Japanese firm’s board. Shares of … Read more
Akio Toyoda, Chairman of Toyota Motor Corp. Yoshikazu Tsuno | Gamma-rapho | Getty Photographs DETROIT – Toyota Motor’s inventory is having its finest week since 2009 following the corporate disclosing plans for its next-generation electrical autos and shareholders voting in favor of its new management, together with former CEO Akio Toyoda as chairman. Shares of Toyota … Read more