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For the first time in Toyota’s history the automaker will produce parts exclusively in the U.S.. The carmaker will invest $373.8 million into hybrid powertrains here. The money invested will be split between 5 U.S. manufacturing plants, and each new project will begin this year, and must be completely operational by 2020. "This investment is part of our long-term commitment to build more vehicles and components in the markets in which we sell them," Toyota Motor North America CEO Jim Lentz. New production of hybrid transaxles will begin at the company's Buffalo, ...
Honda Motor Co is supporting the increased production of its revamped 2018 Accord sedan model at its plant in Ohio, by investing $267million and adding 300 new jobs. Honda unveiled the newest-generation Accord in July, one of four re-engineered midsize sedans that Asian automakers are betting on to win market share as Detroit rivals shift focus to SUVs, crossovers and pickup trucks. The new Accord, like rival Toyota Motor Corp's all-new Camry, offers more horsepower, safety technology like standard collision-avoiding braking and better fuel economy although Honda did not release...
Chevrolet Bolt EV continued a steady sales rise last month as it solidified its position among the top three plug-in electric cars for which monthly U.S. sales are reported. The Chevrolet Bolt EV continued a steady sales rise last month as it solidified its position among the top three plug-in electric cars for which monthly U.S. sales are reported. In August, Chevy delivered 2,107 Bolt EVs, the first time the car had sold more than 2,000 units in a month after entering the market in mid-December last year. Close behind was the Toyota Prius Prime plug-in hybrid, at 1...
U.S. auto sales are down 2% this August, by totaling 16,14 million. We’ve got to admit that we expected to see even worse car sales data from the big three Detroit automakers, but as Houston area replaces flood-damaged cars and trucks after Hurricane Harvey, their shares got higher. General Motors, Ford and Fiat Chrysler posted mixed August U.S. sales, with GM up 7.5 percent and Ford and Fiat Chrysler down. Japanese automaker Toyota improved sales by nearly 7 percent, Honda's sales fell 2.4 percent. Still, analysts focused on the potentia...
American Motors couldn’t offer enough money to subject the original Jeep Cherokee, the first modern SUV - to a traditional durability testing program ahead of its late 1983 launch, but its chief engineer Roy Lunn, who died in 2017, Aug 5th, at 92 years, steered around the obstacle by securing credentials for the punishing Paris-Dakar Rally. Lunn's engineering team prepared two Cherokees for the event, not to compete but simply to run the brutal desert course and monitor how the Cherokee's "uni-frame" body would take the constant pounding over the bruising, potholed 6,20...
