Archives for October 2023

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.

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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

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

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.

Friday Morning Auto News, Oct 27, 2023: Hertz says Teslas are a bad deal. Feds investigate GM Cruise crashes. Cruise suspends driverless cars. More.

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Thursday Morning Auto News, Oct 26, 2023: Ford, UAW have a deal. BMW moves closer to lower-cost battery cells. VW lags. More.

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Wednesday Morning Auto News, Oct 25, 2023: Toyota aims to put 1,000 km-range Lexus EV on the road by 2026, investigates own charging network. Nissan teases electric Godzilla. More.

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Tuesday Morning Auto News, Oct 24, 2023: Tesla investigated over range and Musk’s glass house. Mitsubishi Motors ends production in China. GM profit down. More

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Monday Morning Auto News, Oct 23, 2023: Tesla CEO Elon Musk told to be careful by German union boss. Toyota nears mass production of solid-state batteries. Toyota to resume operations at remaining halted plants. More.

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