Day: January 24, 2024

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  • January 24, 2024

Toyota’s chairman forecasts EV market share will peak at just 30%

Akio Toyoda, chairman of Toyota, speaks at the Tokyo Auto Salon on Jan. 13, 2023. Jun Sato—Getty Images Akio Toyoda, Toyota Motor’s chairman, has never been a huge fan of battery electric vehicles.

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Why has car insurance gone up? Experts reveal price difference between paying monthly and annually

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Research group Which? has revealed why some drivers are paying hundreds

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VFACTS 2023: The best-selling hybrids and plug-in hybrids in Australia

More than 1.2 million new cars were sold in Australia throughout 2023, with almost 110,000 of these being hybrid or plug-in hybrid (PHEV) vehicles. Last year was a record one for both hybrids

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Another Online Used-Car Dealer Bites the Dust: Vroom, 3.5 Years after Red-Hot IPO, Shuts Down as Ally Suspends Credit Line

The SPACs Shift Technologies and Carlotz are already dead. Carvana is still out there, after its distressed debt exchange. By Wolf Richter for WOLF STREET. In an SEC filing and an announcement on its website Monday

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Electric car sales will be dominated by hybrids, hydrogen – Toyota

The global chairman of Japanese car giant Toyota has predicted that electric vehicle (EV) sales won’t pass 30 per cent globally, as the brand doubles down on hybrid and hydrogen power. Speaking with

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Floods to push up cost of vehicle ownership and motor insurance

The knock-on effect of the recent floods on Australia’s east coast will affect car insurance premiums for all Australians as well as push up the prices of used cars and parts, says Ms

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Teen charged with luxury car burglaries in Cape Coral following SUV theft arrest

A teen who was among a trio arrested for stealing a Range Rover on Christmas Day is facing more burglary charges.Residents called the Cape Coral Police Department on Jan. 3 to report their

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Electric models are witnessing a good acceptance in the luxury car segment: Rolls-Royce

Rolls-Royce said the time is ripe for launching its first fully-electric model in India as there has been increasing demand for battery-powered luxury cars in India on the back of the swelling ultra-high networth population

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