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Tag Archives: Toyota Group
Slow Sales Start for US Light Vehicles in January 2024
“After a flurry of sales activity in December, there was always a risk that January would see some payback, with fewer consumers on the hunt for a new vehicle, and so it transpired. Apart from normal seasonal effects, the current environment is such that buyers remain price-sensitive and if the right deals are not available, volumes are liable to suffer,” said David Oakley, Manager, Americas Sales Forecasts, GlobalData. Continue reading
Posted in auto news, economy, electric vehicles, marketing, news analysis, results, sales
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, David Oakley, GlobalData, GM, Jeff Schuster, Ken Zino, tesla, Toyota Group, Toyota RAV4, US light vehicle sales January 2024
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Woven by Toyota Now a Wholly Owned Toyota Subsidiary
A review of the software development structure in the Toyota Group was announced this month. As a result, the three companies of Toyota, Woven by Toyota, and Denso will now strengthen collaborative efforts and are restructuring their organizations and human resources across all three companies “to enhance the value of mobility through a software-centered approach.” This is part of an ongoing industry trend to enhance competitiveness through services such as recharging and other connected car offerings. Continue reading
Toyota Releases More Details on Vehicle Certification Fraud
“All the cases are related to certification. The certification system in Japan verifies whether a product meets the established standards mainly in the fields of safety and environment using measurement methods in accordance with rules. Vehicles can only be manufactured and sold after meeting certification test standards. The point of this issue is that the vehicles were mass-produced and sold without going through the correct certification,” Toyoda said. Continue reading →