The automaker is struggling to keep up with soaring demand for its hybrids, leading to months-long delivery delays.
Hybrid vehicle demand continues to rise rapidly, and Toyota is struggling to keep pace.Remember when the collective industry screamed that Toyota was wrong for going down the hybrid path and the ...
With its hybrids, Toyota is reportedly facing shortages of magnets, which is slowing the number of electric motors Aisin can ...
This comes on the heels of Tesla's stock price tumbling by 36% in Q1, making it the worst quarter the company has seen since 2022.
Reports of a global shortage of hybrid components will not impact local wait times, according to Toyota Australia.
Ford saw a 19% rise in sales at dealerships in March, while General Motors reported a 17% year-over-year bump in first quarter sales.
To remedy the supplier follies, Toyota is considering shifting some hybrid component sourcing to individual markets. Think ...
Toyota Kirloskar Motor reports record sales of 3,37,148 units in FY24-25, marking a 28% increase. Strong SUV demand drives ...
Soaring demand for Toyota's gasoline-electric hybrids has left suppliers struggling to keep pace, leading to shortages of parts and months-long waits for car buyers, according to four people familiar ...
Toyota faces hybrid shortages as demand surges, suppliers struggle, and production ramps up to ease months-long wait times ...
Every automaker’s goal is to have customers clamouring for its vehicles, but sometimes it can be too much of a good thing.
Toyota isn’t just dealing with soaring hybrid demand. Several industry figures interviewed by Reuters say there are ...