GM plans to import SUVs into China
Julian Blissett, the automaker’s China chief, said the company sees opportunities for big vehicles in the country in part because families there are expanding.
Longwood residents oppose developer’s plan to buy city buildings
A developer’s pitch to buy Longwood’s City Hall and other properties at a bargain basement price in exchange for the hope that creating a more vibrant downtown is drawing intensifying criticism in the suburban Seminole County community.
Tesla is worth more but Toyota gets automaking, Akio Toyoda says
“Tesla says that their recipe will be the standard in the future, but what Toyota has is a real kitchen and a real chef,” President Akio Toyoda said in unusually direct comments about a competitor.
Toyota raises forecast despite 24% slide in quarterly profit
The automaker’s profit slump still represents a dramatic recovery from the effects of the coronavirus pandemic earlier in the year, CFO Kenta Kon said.
Honda quarterly earnings rise 28%; profit forecast doubles
The automaker also raised its vehicle sales estimate for the fiscal year to 4.6 million, up from a previous forecast of 4.5 million, but still below the 4.79 million sold the previous year.