Toyota Motor has disclosed plans to commence the production of two new battery-powered sport utility vehicles (SUVs) at its manufacturing facility in Kentucky, US. The decision is aimed at enhancing manufacturing efficiency and catering to the evolving demands of the market, as reported by Reuters. Toyota Motor North America revealed that the forthcoming three-row battery electric SUVs would be assembled at Toyota Kentucky, marking a strategic shift in production between its Kentucky and Indiana plants. ...

Production Adjustments - Tesla is scaling back Cybertruck production, dropping targets for several lines and running at a small fraction of previous capacity [1][5] - The company has moved some workers from the Cybertruck line to the Model Y line, indicating a reduction in workforce dedicated to Cybertruck production [2][8] Sales Performance - In the first quarter of 2025, Tesla sold 6,406 Cybertrucks, which is half of the previous quarter's sales, with fewer than 50,000 Cybertrucks delivered to date despite over a million reservations [3] - Overall sales for Tesla have been trending downward, with a 13% drop in first-quarter delivery results compared to the same period in 2024 [4][6] Competitive Landscape - Tesla faces increasing pressure from competitors, protests outside showrooms, and a significant drop in stock value, down around 40% year-to-date, although shares are still up over 53% from the previous year [6] Future Production Goals - Despite current challenges, Tesla's CEO Elon Musk has promised to double vehicle production rates in the US over the next two years [7]