584 Articles
Official
Toyota and Suzuki partner up on autonomy with capital alliance

The automakers will take small equity stakes in each other

Toyota Motor Corp and Suzuki Motor Corp will take small equity stakes in each other, the Japanese car makers said on Wednesday, as they seek to develop newer technologies and meet sweeping changes upending the global auto industry. Car makers - especially smaller ones like Suzuki - are struggling to meet the breakneck growth of an industry transformed by the rise of electric vehicles (EVs), ride-hailing and autonomous driving. Toyota will pay around 96 billion yen (£742 mill

Report
Suzuki posts 46% drop in first-quarter profit on slowing India demand

Slowing profit growth will make it harder to invest in EVs and autonomy

Suzuki Motor Corp on Monday reported a 46.2% fall in first-quarter operating profit, hurt by lower output at home as it improves its inspection systems, and falling demand in India, its biggest market. Japan's fourth-largest automaker posted an operating profit of 62.7 billion yen (£487 million) for the April-June quarter, down from 116.5 billion yen a year earlier and below a mean forecast of 69.09 billion from eight analysts, according to Refinitiv. Suzuki reaffirmed its forecast fo

New York
Jaguar I-Pace named World Car of the Year

The electric Jag also takes home two other awards

The Jaguar I-Pace has been named World Car of the Year. The organization also recognized the most significant new Luxury, Performance, Green, and Urban cars.

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