Toyota Delays U.S. EV Production

WASHINGTON, D.C. oCTOBER 4, 2024; Toyota Motor Corp. will reportedly delay the company’s production of electric vehicles in the United States, citing design adjustments and slowing EV sales. This announcement that the company will delay EV production until mid-2026 comes on the heels of reports that Toyota would cut ... Continue reading

CLOUD THEORY "ON THE HORIZON" REPORT: NEW VEHICLE INVENTORY PASSES 3 MILLION MILESTONE FOR THE FIRST TIME IN MORE THAN FOUR YEARS

For the first time since the earliest days of the Covid-19 pandemic, new vehicle inventory has surpassed 3 million according to Cloud Theory's latest "On The Horizon" market report, a comprehensive review of inventory, pricing, and vehicle movement in the auto industry. ... Continue reading

Hyundai Mobis Unveils 65 Groundbreaking Technologies Driving Mobility Competitiveness

Hosted 'R&D Tech Day' on the 2nd at Uiwang Research Center, showcasing 14 world-first technologies and other vital components. Focused R&D on the three pillars of electrification: 'batteries, drive systems, and power conversion,' enhancing flexibility to meet customer and market demands. ... Continue reading

Papa John's Founder Wins Major Bench Trial Ruling Against Former Ad Firm

Schnatter: "We look forward to the jury trial to achieve a complete victory in this case" LOUISVILLE, Ky., Oct. 4, 2024 -- This week, the founder of Papa John's International, Inc. (PZZA), John Schnatter, secured a major preliminary victory in his case against the former company ad firm, Laundry Service, owned by Holly ... Continue reading

Hyundai and Waymo Enter Multi-Year, Strategic Partnership

Today, Hyundai Motor Company and Waymo announced they have entered into a multi-year, strategic partnership. ... Continue reading