Toyota Motor Corp. said it would expand the development of its gasoline-hybrid technology over the next five years to speed up the introduction of lower-emission engines in the face of stricter global-emissions standards. According to Automotive News, the announcement was the latest by the automaker aimed at making greener cars as global automakers face tighter regulations in China, the U.S., and other regions that will require more environment-friendly cars in the coming years.
Toyota is claiming a world first in extending the potential range and service life of batteries used in hybrid and electric vehicles. A new battery-monitoring system can recover much of the energy lost during the charging and discharging process in lithium-ion batteries, the automaker says.
According to The Detroit News, the North American International Auto Show is still a month away, but Toyota is already teasing news of one of the show’s most anticipated products: the all-new, 2018 Toyota Camry sedan.
The Wall Street Journal reports that the number of subprime auto loans slipping into delinquency climbed to the highest level since 2010 in the third quarter, and is following a pattern much like the months heading into the 2007-09 recession, according to fresh data from the Federal Reserve Bank of New York.
Autoblog reports that according to the American Customer Satisfaction Index, the average customer satisfaction for all new car brands improved by a significant 3.8 percent to 82 on a 100-point scale when compared to 2015.
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