Toyota TRD taps Tyler Gibbs to succeed retiring David Wilson
Tyler Gibbs will become president of Toyota TRD subsidiary in December, succeeding retiring David Wilson.
U.S. vehicle inventory remains under 3 million in July
New-vehicle inventory levels temporarily crossed 3 million for first time in four years during CDK outage, then retreated back, Cox said.
Reynolds jumps into fleet management software business with acquisition
The company is snatching up TSD Mobility Solutions, a globally focused software company with major clients founded in 1983.
Cox: Used-vehicle wholesale prices rose 2.8% in July from June
Used-vehicle wholesale values rose 2.8 percent in July from June, Cox said. Values in July 2024 were down 4.8 percent compared with a year earlier.
GM invests in agile manufacturing strategy, building EVs alongside gas vehicles
The automaker has set up a flexible manufacturing strategy, with dedicated plants that build gasoline vehicles and EVs as well as plants that build both.