- Ford offers workers talks over German job cuts – Automotive News
- Elon Musk pushes forward with Twitter payments vision – FT
- Ford Cuts Prices of EV Mustang Mach-E – Wall Street Journal
- GM reports higher quarterly profit, expects strong earnings in 2023 – Reuters
- Tesla raises spending plan as it looks to boost production – Reuters
- Nissan and Renault flirt with marriage and divorce in attempt to revive alliance – FT
- VW will not match Tesla price cuts for its EVs, CEO Blume says – Automotive News
- Nissan resolves Renault grievance through big payoff for partner – Automotive News
- Volkswagen considering battery cell factory in Ontario – Reuters
- China’s EV giant BYD in talks to acquire insurer Yi’an – Reuters
- Elon Musk says it’s easy for him to get investment support because he has an ‘extremely … – Businessinsider
- Tesla ‘spontaneously’ bursts into flames on Sacramento County highway – LATimes
- Jim Chanos is still short Tesla: ‘The bears were wrong… but now they’re not’ – CNBC
Archives for January 2023
Tuesday Morning Auto News, Jan 31, 2023: Ford cuts prices in America, jobs in Germany. Musk pushes forward on Twitter pay. More.
Monday Morning Auto News, Jan 30, 2023: Toyota ichiban again. Nissan, Renault overhaul Alliance. More.
- Toyota group’s global auto sales top in 2022 for 3rd straight year – The Mainichi – Mainichi
- VIEW Nissan, Renault agree to overhaul alliance, putting themselves on equal footing – Reuters
- China’s BYD Says 2022 Net Income Rose as High as $2.5 Billion – Bloomberg
- This is Toyota’s Boldest EV Rebranding Exercise Yet – Washington Post
- Elon Musk’s mysterious ways on display in Tesla tweet trial – Washington Post
- Toyota Rethinks EV Strategy With New CEO – Wall Street Journal
- Tesla’s Big Price Cuts Fuel Owner Backlash – Wall Street Journal
- Volvo reboots, revives subscription service in Calif. – Automotive News
- Audi takes minority stake in Swiss-based Sauber Group – Reuters
- Renault to reduce Nissan stake following crunch talks – Autocar
Toyota is World’s Largest Automaker 2022, and a few battery devotees still won’t believe it.
As predicted by Dailykanban as early as May last year, Toyota Group is world’s largest automaker for the year 2022, and it is a repeat succeeder. Toyota topped the leaderboard in 2021. Toyota was world’s largest in sales in 2020. Toyota was edged-out by formerly vibrant Volkswagen in 2019 by only 250,000 units. Consistency and continuity, that’s Toyota. Despite COVID, chip shortages, and shooting wars, Toyota Group sold 10,483,024 units around the world in 2022, coming in only a smidgen below the sales in the prior year.
Also consistently and continuously, many alleged auto experts have been forecasting Toyota’s impending doom for as long as Toyota led the industry, simply because it hasn’t hopped on the battery-driven bandwagon. Volkswagen has, and it ended the year 2.2 million units behind Toyota. Volkswagen also ended the year with a new CEO, because the old one, a declared friend of batteries, and a fan of Tesla’s Elon Musk, was fired.
Friday Morning Auto News, Jan 27, 2023: Elon Musk not the right person to own Twitter, co-founder says. Small electric pickups inbound. More.
- Elon Musk ‘doesn’t seem like’ right person to own Twitter, says co-founder – Guardian
- Nissan and Hitachi look to charge elevators with EV batteries – Reuters
- Twitter co-founder says Elon Musk has undone all of his improvements on the platform – Fortune
- New Toyota CEO Koji Sato faces big challenges in critical new era – Automotive News
- Small Electric Pickup Trucks Are Automakers’ Next Target – Bloomberg
- Akio Toyoda set to remain a force at Toyota, even as he bows out – Reuters
- Nissan recalls 520,000 cars over fault in engine part – Mainichi
- GM, Ford must convince investors they can profit as prices fall – Reuters
- Europe Needs a Climate Tech Plan to Compete With the US, an Early Tesla Investor Says – Bloomberg
- Hyundai to invest US$8.5 in 2023 to strengthen operations – Just-Auto
- Renault will offer workers 7.5% pay increase, report says – Automotive News
- Tata Motors to hike prices of passenger vehicles by 1.2% – Reuters
Thursday Morning Auto News, Jan 26, 2023: Akio Toyoda steps down as CEO, becomes Chairman. Tesla earnings beat (lowered) estimates. More.
- Toyota CEO Steps Down to Make Way for Lexus Chief – Barrons
- Tesla earnings beat estimates on record quarterly deliveries – Nikkei
- Koji Sato, incoming Toyota CEO, must navigate shift to clean energy – Reuters
- Elon Musk’s Twitter has ‘GodMode,’ which allows any engineer to tweet from any account – Fortune
- Tesla’s price war can only go so far – Reuters
- Elon Musk says a Chinese automaker will likely be second to Tesla: ‘They work the smartest’ – CNBC
- New Renault CEO to focus on high-margin cars – Autocar
- Elon Musk Sees Tesla Cybertruck Volume Production in 2024 – Wall Street Journal
- Toyota Motor Corporation Announces Changes to Executive Structure – Toyota
- Renault -Nissan alliance reboot will start with 5 projects, report says – Automotive News
- Exclusive: Renault, Nissan aim to announce deal on reshaped alliance on Feb 6 – Reuters
- Tesla Supplier STMicroelectronics Tops Estimates on Demand for Auto Chips – Barrons
- Breakingviews – Breakingviews: Toyota without Toyoda takes a small step forward – Reuters
- Tesla’s transition from high-flying tech company to regular automaker – Axios
Wednesday Morning Auto News, Jan 25, 2023: Musk’s flailing reputation bad news for stock. Toyota halts Czech plant during Feb. Tesla to build $3,5bln plant in NV. More,
- Elon Musk’s Flailing Reputation Is Bad News for Tesla Stock – Bloomberg
- Toyota’s Czech plant to halt production during February – Automotive News
- Tesla to build $3.5 billion plant in Nevada – Axios
- ‘Did the brakes fail?’: Prosecutors checking car for mechanical problems in Tesla crash off Highway 1 – LATimes
- In court, Musk says he had ‘funding secured’ — but ‘not a specific number’ – LATimes
- Ex-Twitter engineer tells FTC security violations persist after Musk – Washington Post
- Here Are 5 of Elon Musk’s Most Common Twitter Replies – Businessinsider
- Jaguar Land Rover Owner Swings to Profit as Chip Crunch Eases – Bloomberg
- Testing group says Tesla Autopilot slips in driver assistance ratings – Reuters
- GM looks to hire tech talent from massive job cuts in Silicon Valley – Freep
- How Tesla’s price cuts could spur an EV pricing war – CNBC
- India’s Tata Motors posts first profit in two years on demand surge – Reuters
- Toyota to temporarily close Czech plant over lack of parts – Autocar
- Ford’s Saarlouis plant attracts Magna, Nedcar as potential new owners – Automotive News
- Ford follows the same path as Opel in Europe – Automotive News
- Vietnam’s EV maker VinFast wants to take on Tesla – Axios
Tuesday Morning Auto News, Jan 24, 2023: Britain’s Crown sues Musk’s Twitter over unpaid rent. German Union fights Ford’s massive job cuts. Musk testifies. More.
- Crown Estate sues Twitter over alleged rent arrears for UK HQ – Reuters
- Ford job cuts plan triggers union threat of Europe-wide disruption – Reuters
- Elon Musk justifies his ‘funding secured’ tweet with a bizarre real estate analogy – LATimes
- Ford to cut up to 3,200 European jobs, union says, vowing to fight – Reuters
- Elon Musk testifies he would have sold SpaceX stock to take Tesla private in 2018 – CNBC
- Musk testifies Saudis backed taking Tesla private before they backpedaled – Reuters
- Musk Didn’t Own Enough of Tesla in 2018 to Take It Private Alone – Bloomberg
- Ford job cuts in Europe: Where the ax will fall – Automotive News
- Tesla’s Skid Leaves Old Auto With a New Quandary – Bloomberg
- Updated Polestar 2 gets RWD layout and 395-mile range – Autocar
- Renault repositions Espace minivan as midsize SUV – Automotive News
- Why more job cuts at Ford’s European operations are inevitable – Automotive News
- India’s top carmaker Maruti’s profit doubles on strong demand – Reuters
Monday Morning Auto News, Jan 23, 2023: VW keeps IPO option open. Musk returns to stand. Geely electrifies London Taxi maker. More
- Musk to return to stand in fraud trial over 2018 Tesla tweet – Reuters
- Volkswagen keeping IPO option open for charging, energy business … – Reuters
- Exclusive: Geely plans to turn maker of London black cabs into EV powerhouse – Reuters
- Volkswagen primes rugged 4×4 EV on Ford Ranger platform – Autocar
- Nissan eyes a lightweight electric pickup as it exits full-size truck market – Automotive News
- Breaking: New 2023 Ford electric crossover hits public roads – Autocar
- Thieves in Japan are stealing platinum and palladium parts from Toyota Prius cars as rare … – Businessinsider
- Honda, GS Yuasa agree to collaborate in lithium-ion batteries – Reuters
- ‘Our Mt Fuji’: Toyota has a mountain to climb on software – Autocar
- Rising interest rates are less of a concern for Subaru dealers – Automotive News
- Lexus dealers excited for new electric, TX crossovers – Automotive News
- Tesla Is Last Stronghold for Investors Buying the Dip in Tech Stocks – Wall Street Journal
- Elon Musk increased security for his 76-year-old father Errol amid kidnapping fears, report says – Businessinsider
- Giant Fund Buys Up Tesla and Plug Power Stock, Sells GM – Barrons
- Inventory woes complicate Volvo’s central stock plan – Automotive News
- Mazda to debut performance-oriented plug-in hybrid crossover – Automotive News
- Tesla Buyer Says He Felt ‘Bullied’ Into Early Delivery Before $10K Cut – Businessinsider
- Tesla’s Price Cuts Are Roiling the Car Market – Wall Street Journal
- Is Elon Musk’s Twitter in too much trouble to cover its debts? – Guardian
- Tesla Raffle Struggles to Sell Tickets Due to Elon Musk’s Actions – Businessinsider
- Earnings playbook: What investors can expect out of Tesla, Microsoft and Boeing – CNBC