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Toyota Motor Corporation (TOM.F)
- Reuters
Toyota finds no new wrongdoing in certification investigation
TOKYO (Reuters) -Toyota Motor did not find any new cases of wrongdoing in the certification applications of its car models beyond the ones it had already reported last month, the Japanese automaker said in a statement on Friday. The world's top-selling automaker said it reported its findings to Japan's transport ministry after completing its investigation into the certification process for all domestic models for the past 10 years. Toyota and four other vehicle makers admitted earlier in June they had submitted either flawed or manipulated data when applying for certification of vehicles.
- Associated Press Finance
Which is the Better SUV? Edmunds compares the new Toyota Land Cruiser and Lexus GX
Toyota has come out with an all-new 2024 Land Cruiser. This latest model of this long-running SUV is smaller and less expensive than before and comes with a hybrid powertrain that gets better fuel economy than the previous V8. There’s just one thing: You might want to get a 2024 Lexus GX instead.
- Reuters
Rough road ahead for US EV makers despite upbeat quarterly sales
(Reuters) -Better-than-expected U.S. electric-vehicle sales in the second quarter brought welcome relief to investors after a sharp slowdown in demand triggered by high interest rates, but EV makers still face a bumpy road ahead. General Motors, Rivian and Toyota posted upbeat EV deliveries on Tuesday, while Tesla reported a smaller-than-expected decline, and investors responded by driving up shares of several of the stocks. EV sales globally are expected to rise to 16.6 million vehicles this year, from 13.7 million in 2023, according to the International Energy Agency, with China's growth outpacing other regions.
