UAW eyes Toyota (TM) as a target for unionization

Tesla (TSLA) Mentioned Positively at Morgan Stanley

Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $380.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "So what will the next price move be? We believe it will come down to whether or not Tesla is able... More

Lucid (LCID) becomes latest to adopt Tesla (TSLA) charging standard

Electric automaker, Lucid (NASDAQ: LCID) announced Monday that, starting in 2025, the company will integrate Teslas (NASDAQ: TSLA) North American Charging Standard (NACS) connectors into their electric vehicles.

All lucid vehicles built with the current Combined... More

Toyota (TM) recalls 1.9M RAV4 SUVs in U.S. due to fire risk

Japanese automaker, Toyota Motor Corp. (NYSE: TM) announced that they are recalling 1.9m RAV4 compact SUVs in the US due to a defect that could potentially lead to a fire.

The RAV4 is a crucial model for Toyota within the US market, representing... More

General Motors (GM) reverses decision to lay off 1,245 workers in Brazil

According to a statement released by the Sindmetal metalworkers union on Saturday, General Motors (NYSE: GM) has reversed its decision to lay off 1,245 employees at its factories in Sao Jose dos Campos, Sao Caetano do Sul, and Mogi das Cruzes in the state of Sao Paulo.

The... More

Japan’s NTT said to trial driverless tech with Toyota (TM), invests in U.S. startup

A representative from Japans Nippon Telegraph and Telephone (NTT) announced Wednesday that the communications company plans to collaborate with Toyota Motor (NYSE: TM) to trial driverless vehicle technology.

Additionally, the telecommunications company said that they intend to invest in a... More

Tesla (TSLA) announces wage hikes at giga Berlin amid union pressure

Tesla (NASDAQ: TSLA), late last week revealed a set of wage hikes for workers at its Gigaplant in the outskirts of Berlin.

The move follows a visit by the electric automakers CEO, Elon Musk, where management also announced the facility has been chosen to build the companys next-generation model.

Tesla has faced pressure in Germany from the influential IG Metall union, which is striving to organize the plant and secure a union contract... More

Tesla (TSLA) to build $25k EV at Giga Berlin

Tesla (NASDAQ: TSLA) CEO, Elon Musk visited the company's gigafactory in Berlin Friday where the multi-billionaire gave an update on the plant's aesthetic design and outlined the manufacturing strategy for a forthcoming affordable $25,000 electric vehicle aimed at the mass market.

Musk is known for his frequent visits to Tesla's production plants, where he oversees the progress... More

Morgan Stanley calls Tesla (TSLA) Semi a 'threat' to OEMs worldwide

Morgan Stanley conducted a comparative analysis of the Tesla (NASDAQ: TSLA) Semi and existing heavy-duty BEV trucks. Analysts expect the Tesla Semi to offer a competitive payload, creating a highly efficient, long-range, fast-charging, software-driven Class 8 truck.

This poses a threat to Truck OEMs worldwide, wrote Morgan Stanley analysts in a note. However, they see Volvo as the best protected OEM in this segment.

Volvo... More

Ford (F) Trucks partners with Quantron for joint development opportunity

Ford (NYSE: F) announced Thursday, along side sustainable passenger specialist, Quantron AG, that the two companies have signed a Letter of Intent (LOI) to evaluate Quantrons technology for integration into Ford Trucks.

In the initial stage of the partnership with Ford Trucks, Quantron guarantees a smooth... More

Toyota (TM) to test EV pickup in Thailand

Toyota (NYSE: TM) executives announced, Thursday, plans to conduct trials for a new electric pick-up truck in Thailand. This move represents the company's ongoing endeavors to strengthen electric vehicle sales in the region, as it faces mounting competition from Chinese counterparts that are challenging its market position.

EVP of Toyota Daihatsu Engineering & Manufacturing, Pras Ganesh said that the automaker will trial a small number of EV pickups in the coastal... More

Toyota (TM) to raise wages of US workers following UAW labor deals

Toyota Motors (NYSE: TM) announced Wednesday that the Japanese automaker will raise the wages of the companys nonunion U.S. factory workers. The announcement comes just days after the United Auto Workers (UAW) union won major pay and benefits enhancements from Detroit's three biggest... More

Toyota Motor Corporation (TM) Tops Q3 EPS by 186c

Toyota Motor Corporation (NYSE: TM) reported Q3 EPS of $6.24, $1.86 better than the analyst estimate of $4.38. Revenue for the quarter came in at $75.5 billion versus the consensus estimate of $72.58 billion.

For earnings history and earnings-related data on Toyota Motor Corporation (TM) click here.

Toyota (TM) to invest additional $8B in North Carolina EV battery plant

Toyota Motor (NYSE: TM), on Tuesday, announced that the Japanese automaker will make an additional $8B investment alongside the creation of approximately 3,000 new jobs, at its North Carolina electric-vehicle battery production facility.

The investment amplifies the Japanese automaker's efforts to transition... More