NY Auto Forum 2024: Anthony Brownlee | Chairman of AIADA
CBT News
Toyota, Honda Rack Up Double-Digit Gains in Q1
Toyota said volume rose 22 percent to 214,894 last month, with the Toyota division up 23 percent and Lexus gaining 17 percent. According to Automotive News, at American Honda, volume rose 15 percent last month at the Honda division, but dropped 12 percent at Acura. Hyundai sales tallied 76,920 last month, up 2 percent.
Biden’s $7.5 Billion Investment in EV Charging Has Only Produced 7 Stations in Two Years
President Biden has long vowed to build 500,000 electric vehicle charging stations in the United States by 2030. Those stations, the White House said, would help Americans feel confident purchasing and driving electric cars, and help the country cut carbon pollution.
In U.S. First, Mitsubishi and Nissan Team on EV, Pickup, Plug-In Hybrid
It took a while, but Nissan and Mitsubishi are finally teaming on U.S. products. Nissan CEO Makoto Uchida broke the news this week, outlining the first major cross-company vehicle collaboration between the Japanese companies aimed at the U.S. market. Nissan will launch its first North America plug-in hybrid, based on a system engineered by Mitsubishi
China Is the New Detroit in the Global Race for EV Dominance
The rise of electric vehicles is dividing the global auto market into two: one that welcomes China-made cars, and the other that effectively rejects them. Last spring, a group of Nissan executives huddled at the company’s headquarters in Yokohama, Japan, staring at a world map.
