Thursday Morning Auto News, Nov 02, 2023: French Police raid Uber offices. China lithium boom harms fragile Tibetan plateau. Tesla’s Oct China-made EV sales fall 2.6% from Sept. More.

November 2, 2023 By

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Filed Under: Morning News, News Tagged With: First published on November 2, 2023 1:00 pm

Wednesday Morning Auto News, Nov 01, 2023: Toyota raises profit forecast 50%. Tesla valuation tumbles $145 billion on demand concerns. Tesla cost-cutting ‘huge gift’ for Ford. More.

November 1, 2023 By

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Filed Under: Morning News, News Tagged With: First published on November 1, 2023 1:00 pm

Tuesday Morning Auto News, Oct 31, 2023: Elon Musk lost $41 billion in 13 days. Usage of Musk’s X way down. Robust demand, weak yen spell big Toyota profits. More.

October 31, 2023 By

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Filed Under: Morning News, News Tagged With: First published on October 31, 2023 1:13 pm

Monday Morning Auto News, Oct 30, 2023: Toyota posts record global output, sales in April-Sept. period. Fidelity marked down Twitter/X by 65%. BYD reports record Q3 profit. More

October 30, 2023 By

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Filed Under: Morning News, News Tagged With: First published on October 30, 2023 1:00 pm

World’s Largest Automakers, 3 Quarters 2023: Dynamic dinosaurs

October 30, 2023 By

According to strident prognostications of Tesla-boosters, world’s largest automakers are just about bankrupt. However, legacy dinosaurs show no signs of rolling over, and the desperate predictions are being ignored.

Toyota Group is firing on all cylinders, literally. Despite its BEV-skepticism, Toyota Group is far ahead of its contenders, and it might even break the 11-million-unit barrier when the year is over. September also marked the end of the first half of Toyota’s current discal, and the group recorded record output and sales for the period.

Ignoring the gloom&doom reports in the media, Volkswagen Group, up nearly 11% for the year, looks surprisingly sprightly.

Hyundai Group continues its steady climb upwards.

Filed Under: Analysis, World's Largest Automakers Tagged With: First published on October 30, 2023 7:50 am
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