Thursday Morning Auto News, Sep 29, 2022: Porsche pops. Driving an EV in CA can cost you. Toyota output record high. More.

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World’s Largest Automakers, August 2022: Out of the hole, ever so slowly

Global automakers are slowly, very slowly climbing out of the hole they fell into earlier in the year, pushed by a trifecta of COVID, supply chain troubles, and a Ukraine shooting war. By the end of August, total global industry volume was down only 4.9% year-to-date, in the month of August it rose an encouraging 6.6%.

World’s largest automaker Toyota Group reflects this trend to a T. In August, global YTD group sales were down 4.9%.

The healthiest on the leaderboard is Hyundai Group, with global YTD group sales down only 1.9%. Most likely, Hyundai Group will keep its position, and end the year as 3rd-largest automaker. If current trajectories are kept, Hyundai Group could overtake Volkswagen in 2023.

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Wednesday Morning Auto News, Sep 28, 2022: Musk tries to rid himself of Twitter sitter. Toyota to bring small BEV to China. More.

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Tuesday Morning Auto News, Sep 27, 2022: Musk will likely lose against Twitter, experts say. Tesla keeps Shanghai output below maximum. Suppliers join Toyota in hydrogen push. More.

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Monday Morning Auto News, Sep 26, 2022: Firefighters extinguish flames on grounds of Tesla’s Germany plant. Twitter to depose Musk. More.

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