Toyota Motor raised its annual earnings outlook after stronger-than-expected hybrid vehicle sales helped the Japanese automaker outperform a struggling global car industry, while announcing plans to return as much as $89 billion to shareholders by March 2031.
A new car affordability crisis and punishing gas prices are driving an unprecedented number of used car buyers to consider going electric, and that increased demand without a corresponding increase in supply means these used EVs are flying off dealer lots.
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Driven by the continued popularity of Korean car sales of hybrid vehicles and sport utility vehicles (SUVs), South Korean automakers recorded a double-digit sales growth rate in October.
Americans are still buying plenty of new cars, provided they're SUVs or hybrids. Honda's latest sales figures prove it, reporting its best October in six years as demand for light trucks and electrified models continued to grow.
As of the end of September 2026, we hit the three-quarter mark on getting through the year. Overall, how's the motorcycle industry doing? While some individual brands are having a more difficult time than others (hello LiveWire), if you're in Europe at least, the overall picture is actually looking pretty good, according to the industry…
Chinese carmakers’ marketing tactics are under the spotlight after a controversy surrounding a comment by an Xpeng employee drew harsh criticism from middle-aged consumers. The incident comes as regulators step up quality checks on the reliability of automotive companies, according to industry officials and analysts. During a live-streamed new model launch ceremony on October 15,…
BT BIG STORY: Car sales hit a high during the festive season. Will rising prices slam the brakes? - BusinessToday Search Advertisement Business News auto BT BIG STORY: Car sales hit a high during the festive season. Will rising prices slam the brakes?
BW Online BureauNov 02, 2026 Domestic sales increase 24 per cent to 20,224 units, while medium and heavy commercial vehicle truck sales grow 39 per cent
Eight days before the dawn of Diwali, the Indian electric two-wheeler industry has lit up by achieving a new high for monthly retail sales for the second month in a row. October saw the industry deliver a record 2.23 lakh units, up 48 percent compared to October 2025 and a 7 percent increase from September…