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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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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Honda is ending the Prologue, its GM-based electric SUV, after a short run as the U.S. market shifts toward hybrids and automakers reassess EV demand.
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Honda has discontinued the Prologue in the U.S., ending its only battery-electric model in the market and underscoring a near-term shift toward hybrid vehicles.
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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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Honda’s reassessment of EV investment could extend beyond vehicle plans, with AI data center use being considered for battery plant capacity as hybrid demand remains strong.
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Subaru will begin building combustion, hybrid, and electric vehicles on the same assembly line in Japan this August, a strategy that could later reach the U.S.
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