Japan wants higher returns for investors — here’s what it’s doing
Flag of Japan on dark blue background. 3D render Da-kuk | E+ | Getty Images Japan is stepping up efforts to ensure its listed companies become more efficient with capital…
Top 10 best-selling cars in the U.S. in 2023
2023 Ford Super Duty F-350 Limited Ford DETROIT – America maintained its love affair with pickup trucks in 2023 — but a top-selling vehicle from Toyota Motor nearly ruined their…
Companies losing pricing power after years of unbridled spending
A FedEx worker delivers packages in New York, May 9, 2022. Andrew Kelly | Reuters After years of unbridled consumer spending on everything from home improvement to dream vacations, some…
Tesla to raise pay rate for hourly Nevada Gigafactory workers in Jan.
Security gate outside the Tesla Motors Gigafactory site east of Reno, Nevada. David Calvert | The Washington Post | Getty Images Tesla has informed workers at its battery factory in…
Automakers turn to hybrids in the middle of the EV transition
2023 Prius Prime on display, April 6, 2023. Scott Mlyn | CNBC DETROIT — As sales of all-electric vehicles grow more slowly than expected, major automakers are increasingly meeting their…
CFPB fines Toyota financing arm for $60 million for car loan scam
WASHINGTON — The U.S. financing arm for Toyota was fined $60 million Monday by a federal consumer regulator for preventing car buyers from canceling add-ons to their loans. “Toyota’s lending…
Why many UAW members oppose GM, Ford, Stellantis deals
UAW members attend a rally in support of the labor union strike at the UAW Local 551 hall on the South Side on October 7, 2023 in Chicago, Illinois. Jim…
Volvo Cars CEO strikes cautious tone on solid-state battery technology
Volvo’s EX90 electric vehicle photographed in Sweden on Nov.9, 2022. Mikael Sjoberg | Bloomberg | Getty Images The CEO of Volvo Cars is bullish about the long-term potential of electric…
LG Energy Solution to supply EV batteries to Toyota
South Korea’s LG Energy Solution signed an agreement to supply Toyota, the world’s largest automaker, with lithium-ion batteries for electric vehicles that will be assembled in the U.S., the companies…
Indonesia could be the ‘gateway’ to EV investments in ASEAN
Korean automobile manufacturer Kia displays the electric vehicle “EV6 GT-Line” during the 30th Gaikindo Indonesia International Auto Show in Tangerang on August 10, 2023. Yasuyoshi Chiba | Afp | Getty…