Industry Voices
Ford Outperforms Toyota in January Sales, Despite EV Slowdown Trend
In January, Ford started the year strong in the American market, with a 4.3% increase in overall sales, surpassing Toyota. The success was attributed to the Maverick compact pickup and strong truck and van sales, outperforming General Motors. However, electric vehicle (EV) sales dipped by 10.9% due to various factors, including the loss of federal EV tax credits and weather concerns. Ford's trucks excelled in the hybrid segment, contributing to their impressive January performance.
By Dabbie Davis
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Authorities Raid Toyota Group Plant: CEO Apologizes Amidst Engine Testing Scandal
“My job is to steer the way for where the overall group should go,” Akio Toyoda said. Japanese transport authorities have raided a Toyota group plant amidst allegations of engine test cheating. This comes as Toyota claims the world's top automaker spot in 2023 with 11.2 million sales but faces reputation damage. Toyota's Kei car division is accused of crash test manipulation, and diesel engines face scrutiny for irregularities. Chairman Akio Toyoda apologizes and emphasizes the company's commitment to quality.
By Dabbie Davis
Authorities Confiscate 41 Luxury Cars, Including Ferraris and Lamborghinis, from Mukesh Ambani’s Mall
The Mumbai police have confiscated 41 luxury cars, including Ferraris and Lamborghinis, from Mukesh Ambani's Jio World Drive Mall. A FIR has been registered against the owners for organizing an unauthorized rally.
By Dabbie Davis
Nissan Aims for EV Price Reductions, Countering BYD's Dominance
Nissan aims to produce cost-effective lithium iron phosphate (LFP) batteries to cut electric vehicle (EV) prices and compete with BYD. Despite BYD's lead in EV sales, Nissan plans to introduce LFP batteries into its EVs by 2026, forging partnerships to advance the technology.
By Dabbie Davis
Dodge and Ram Gear Shifter Investigation Ends Without Recall Request
The National Highway Traffic Safety Administration (NHTSA) has closed its investigation into rollaway incidents involving Ram 1500 pickup trucks and Dodge Durango SUVs, initiated in December 2016. The inquiry encompassed 1.3 million vehicles, focusing on modern electronic rotary gear shifters, a departure from traditional mechanical shifters.
By Dabbie Davis
GM's Cruise Unfolds AV Incident: Sparking Two US Investigations
The Department of Justice (DoJ) and Securities and Exchange Commission (SEC) are investigating GM's Cruise division due to an incident in October. A pedestrian was hit by another vehicle and dragged 20 feet by a Cruise autonomous vehicle, prompting scrutiny. Cruise is addressing its organizational culture and leadership issues.
By Dabbie Davis
Toyota Urges Immediate Halt to Driving for 50,000 US Vehicle Owners
Toyota has issued a "Do Not Drive" warning to owners of 50,000 older vehicles in the U.S. due to a potentially deadly airbag inflator issue. These vehicles include certain Corolla, Corolla Matrix, and RAV4 models from 2003-2005 equipped with Takata airbag inflators, which have been linked to numerous deaths and injuries.
By Dabbie Davis
