Toyota’s EV Growth Isn’t Enough to Stop Another Profit Slide
Toyota enters its next earnings update with EV momentum and a slight June sales rebound, but rising costs and margin pressure are still weighing on profits.
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Toyota enters its next earnings update with EV momentum and a slight June sales rebound, but rising costs and margin pressure are still weighing on profits.
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Tesla has built its 10 millionth battery-electric vehicle, a major production milestone for the company that helped push EVs into the mainstream. The achievement also arrives as the next phase of electric-car growth looks harder than the last one.
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Nissan wants to shorten the time it takes to bring new vehicles to market, a shift aimed at keeping pace with faster-moving Chinese rivals and rapidly changing buyer expectations.
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Nissan is pushing to shorten vehicle development cycles as it tries to regain momentum, refresh its lineup more quickly, and compete in a market that no longer rewards slow product planning.
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Former Volkswagen engineers face securities-law charges tied to alleged trading around the automaker’s Rivian joint venture, a deal that has major implications for EV software, funding, and future product plans.
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Polestar’s decision not to fight a federal restriction leaves the EV brand with an uncertain path in the U.S., even as some production has moved outside China.
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Toyota and Nissan have pointed to paint finish, panel alignment and delivery-prep issues as challenges for selling more American-built vehicles in Japan, where new-car presentation standards are unusually demanding.
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As the USMCA enters its 2026 review, Ford is pressing for trade rules that better reward automakers investing in U.S. assembly plants, workers, and supply chains.
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Volkswagen Group is preparing to shrink its global vehicle portfolio, a move that could simplify showrooms, reduce development costs, and reshape several of its brands.
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Hyundai posted its best first-half sales result, with electrified vehicles accounting for about one-third of volume. The mix points to strong buyer demand for hybrids alongside EVs.
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Rivian built 12,613 vehicles in the second quarter of 2026, beating its prior quarterly outlook and giving the EV maker a stronger first half after a difficult delivery trend last year.
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