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Avalanche🔺· 2026-02-19 16:35
FIFA Collect, Toyota Blockchain group, SMBC, and hundreds more.Businesses building for the blockchain future, on their own terms.Using a network that’s built for what’s next. https://t.co/Vw1VK0Sziz ...
2026 Toyota C-HR Puts Sporty, Stylish Spin on the Compact Electric SUV
Prnewswire· 2026-02-18 15:00
Core Insights - The 2026 Toyota C-HR is an all-new battery electric vehicle (BEV) that combines sporty design with practical features, expected to launch in March 2026 with a starting price of $37,000 [1][2] Vehicle Specifications - The C-HR features a dual-motor all-wheel drive (AWD) system with a combined output of 338 horsepower and an EPA-estimated range of up to 287 miles for the SE grade and 273 miles for the XSE grade [1][2] - It includes a 74.7 kWh battery and can achieve a 10-80% charge in approximately 30 minutes using DC fast charging [1][2] - The vehicle offers up to 25.3 cubic feet of cargo space, expandable to 59.5 cubic feet with rear seats folded [1] Design and Interior Features - The C-HR has a coupe-like profile and a spacious interior with a 14-inch touchscreen, customizable ambient lighting, and premium materials [1][2] - It includes modern conveniences such as wireless smartphone chargers, rear USB ports, and an available panoramic roof [1][2] Technology and Connectivity - Every trim comes with a 14-inch touchscreen running the Toyota Audio Multimedia system, featuring voice-activated commands and cloud navigation [2] - The vehicle supports dual Bluetooth connectivity and offers a Wi-Fi Connect trial for up to five devices [2] Safety Features - The C-HR is equipped with Toyota Safety Sense 3.0, which includes features like Proactive Driving Assist, Lane Tracing Assist, and a Pre-Collision System with Pedestrian Detection [3] - Additional safety features include a Blind Spot Monitor and Safe Exit Alert to enhance driver awareness [3] Warranty and Maintenance - The vehicle comes with a 36-month/36,000-mile basic warranty, an additional 60-month warranty for the powertrain, and an 8-year/100,000-mile warranty for electric vehicle components [3]
Toyota's All-Electric Lineup Gains Rugged, Powerful New bZ Woodland SUV
Prnewswire· 2026-02-17 15:00
CONTACTPaul Hogard [[email protected]] 469-429-4524SOURCE Toyota Motor North America## 21%[more press release views with Request a Demo]## Also from this source### El mejor estilo se une a la potencia de vanguardia en la nueva generación Highlander 2027 de Toyota[Estilo llamativo, versatilidad para el dÃa a dÃa y eficiencia eléctrica de la baterÃa: asà es el nuevo modelo Highlander 2027. Con un impresionante...]### Elevated Style Meets Modern Power in the Next Generation 2027 Toyota Highlander[Striking styl ...
Penske Automotive saw premium luxury sales miss targets in Q4 2025
Yahoo Finance· 2026-02-17 11:00
Core Insights - Penske Automotive Group experienced a decline in sales of German luxury brands due to tariff disruptions, a shift towards battery-electric vehicles, and a challenging operating environment in the UK [2][3] Sales Performance - New sales of German luxury brands fell by 20% in the U.S. and 22% in the U.K., with a decrease of over 2,800 battery-electric vehicle units compared to Q4 of the previous year [3] - BMW of North America reported U.S. sales of 117,506 units in Q4, down 3.4% from Q4 2024, while Mercedes-Benz USA reported 79,350 units, down 12% [5] - For the full year, BMW's U.S. sales reached a record 388,897 vehicles, up 4.7%, and Mercedes-Benz's sales were 303,200, up 1% [6] Financial Performance - Penske Automotive reported a net income of $186.7 million in Q4, a decrease of 25.4% year-over-year, and a full-year net income of $937.9 million, down 3.6% [7] - The retail automotive segment achieved record revenue and gross profit in both Q4 and the full year, with parts and service revenue of $831.9 million in Q4, up 5.1%, and $3.2 billion for the full year, up 5.3% compared to 2024 [8] Market Share - Premium-luxury brands constituted 71% of Penske Automotive Group's worldwide dealership revenue in 2025, with BMW leading at 25%, followed by Porsche at 10%, Audi at 9%, and Mercedes-Benz at 8% [4]
Inside The Crisis Facing U.S. Auto Giants
CNBC· 2026-02-15 16:01
Americans are paying more for nearly everything than they were a few years ago, but car prices have outpaced even inflation. I shopped around quite a bit. Before I was driving a Toyota Highlander, and the prices, it went up a lot.The average car price is nearly $50,000, a 30% increase over the past five years. Even so, automakers have resisted making cheaper ones. The Hemi is an icon.Even if you don't know what a Hemi is. You know the term, oh, it's got a Hemi. But in an effort to get greener, Ram's then ne ...
Magna(MGA) - 2025 Q4 - Earnings Call Transcript
2026-02-13 14:02
Financial Data and Key Metrics Changes - In Q4 2025, sales increased by 2% to $10.8 billion, with adjusted EBIT margin expanding by 100 basis points to 7.5% [8][12] - For the full year, sales were $42 billion, slightly down due to softer volumes in North America and Europe, while adjusted EBIT margin rose by 20 basis points to 5.6% [9][12] - Adjusted EPS for Q4 rose by 29% to $2.18, and for the full year, it increased by 6% to $5.73 [8][9] - Free cash flow for the full year reached $1.9 billion, an increase of $849 million [9][18] Business Line Data and Key Metrics Changes - Three of the four segments posted higher sales year-over-year, with seating seeing an 8% increase, while complete vehicles were down 10% [16] - Body exteriors and structures, and seating segments posted strong increases in adjusted EBIT margin year-over-year [16][17] - Power and vision margins were negatively impacted by discrete items, but operational improvements are expected to drive margin expansion in 2026 [17][61] Market Data and Key Metrics Changes - Global light vehicle production was down 1% overall in Q4, with North America and China declining, while Europe saw an increase [13] - Magna's sales growth is expected to be near flat to up 3.5% in 2026, driven by new program launches and foreign currency translation benefits [21][22] Company Strategy and Development Direction - The company is focused on operational excellence initiatives, which contributed to margin expansion and are expected to continue delivering benefits in 2026 [10][27] - A disciplined approach to capital spending is emphasized, with plans to repurchase approximately 22 million shares under the NCIB [7][24] - The company aims to maintain strong free cash flow and EPS growth while reducing leverage [7][24] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in executing their capital allocation strategy and driving EPS growth alongside strong free cash flow [7][28] - The outlook for 2026 includes expectations for adjusted EBIT margin expansion of 40-100 basis points and free cash flow of $1.6 billion to $1.8 billion [7][22] Other Important Information - The company achieved significant operational milestones in 2025, including securing 90% of its 2028 business and receiving 151 customer awards for quality and performance [9][10] - The company has been recognized as one of the world's most ethical companies and most admired companies [11] Q&A Session Summary Question: Guidance for outgrowth ex complete vehicles of 1%-4% - Management attributed the outgrowth to operational excellence activities and new programs with favorable economic terms [31][34] Question: Operational excellence and commercial recoveries - Management indicated that operational excellence is a continuing journey with visibility on margin improvements, while commercial recoveries are expected to be neutral year-over-year [36][39] Question: Seating segment outlook and cost actions - Management confirmed that no incumbent seating programs have been lost, and the seating segment remains core and profitable despite some program roll-offs [44][46] Question: Free cash flow sustainability - Management expects free cash flow in the range of $1.6 billion to $1.8 billion to be sustainable, supported by disciplined CapEx [49] Question: Ford recall and warranty hit - Management clarified that one recall matter has been resolved, while another is ongoing, impacting margins in the power and vision segment [52][59] Question: Growth in power and vision segment - Management highlighted that growth is driven by new launches and operational improvements, with expectations for margin expansion in 2026 [61][62]
What The EPA's Endangerment Finding Rollback Means For Automakers
CNBC· 2026-02-12 21:00
The Trump administration just repealed a scientific finding that provides the legal basis for the EPA to regulate climate pollution. The 2009 endangerment finding concluded that six greenhouse gases threaten public health and welfare by exacerbating extreme weather. The determination required the federal government to regulate carbon dioxide, methane, and other greenhouse gases that are generated by the burning of oil, gas, and coal.It's important because it enables EPA to do its job to adopt standards that ...
Russia Sidesteps Ukraine Sanctions As Thousands Of Western Cars Enter Via Chinese Intermediaries: Report - Mercedes-Benz Group (OTC:MBGAF), Mazda Motor (OTC:MZDAY)
Benzinga· 2026-02-12 13:18
Core Viewpoint - The article highlights the increasing flow of foreign vehicles into Russia through Chinese intermediaries, circumventing international sanctions and automakers' commitments to exit the Russian market following the 2022 invasion of Ukraine [1][2]. Group 1: Vehicle Acquisition and Trade Dynamics - Russian dealers are increasingly utilizing informal networks to acquire vehicles, often misclassifying new cars as "used" to evade manufacturer controls [2]. - Many of the vehicles entering Russia are either manufactured in China or routed through China after production elsewhere, leveraging China's competitive automotive market and subsidy programs [2]. Group 2: Gray-Market Operations - China's heavily subsidized automotive sector enables traders to export surplus vehicles profitably, with cars discounted in China often selling at near-new prices in Russia [3]. - A growing network of intermediaries is emerging, connecting Chinese factories with Russian buyers, driven by the price incentives created by the disparity in vehicle costs [3].
Vietnam vehicle market surges 90% in January – VAMA
Yahoo Finance· 2026-02-12 09:12
Market Overview - Vietnam's new vehicle market rebounded by 90% to 29,774 units in January 2026 from 15,676 units in January 2025, according to VAMA data [1] - Compared to peak volumes of 42,701 units in December 2025, the market was down by 30% in January 2026 [2] Economic Context - The vehicle market growth is supported by strong economic growth, with GDP accelerating to 8.5% year-on-year in Q4 2025, marking the fastest quarterly growth in 15 years [2] - The overall economy expanded by 8% in 2025, driven by robust domestic consumption, fixed investment, and exports [2] Sales Performance - Light passenger vehicle sales surged by 103% to 22,440 units, while commercial vehicle deliveries increased by 59% to 7,334 units in January 2026 [3] - Truong Hai (Thaco) Group reported an 82% sales increase to 9,458 units, including a 98% jump in commercial vehicle sales to 2,001 units [3] - Major brands like Toyota, Ford, Mitsubishi, and Hyundai also reported significant sales increases, with Ford's sales surging by 109% to 5,121 units and Mitsubishi's by 194% to 5,039 units [4] Future Projections - GlobalData forecasts that sales of light vehicles in Vietnam will grow by over 4% to 587,000 units in 2026, up from 564,000 units in 2025, driven by continued economic growth and rising consumer demand [5] - The Vietnamese government will continue to exempt battery electric vehicles (BEVs) from vehicle registration tax until the end of February 2027, further supporting market growth [5]
Italy regulator probes Procter & Gamble over misleading ads for epilator
Reuters· 2026-02-12 07:20
Core Viewpoint - Italy's competition authority has initiated an investigation into Procter & Gamble for allegedly misleading advertisements regarding the Braun Skin i-Expert epilator, claiming it can keep users hair-free for two years, which the regulator deems exaggerated and inadequately demonstrated [1]. Company Summary - Procter & Gamble is facing scrutiny from Italy's competition authority over its advertising practices related to a body hair removal device [1]. - The specific product in question is the Braun Skin i-Expert epilator, which is claimed to provide long-lasting hair removal effects [1]. Regulatory Context - The investigation highlights the regulatory environment in Italy concerning consumer protection and advertising standards, particularly in the beauty and personal care sector [1].