Group 1 - The automotive industry is making significant decisions regarding electric vehicles (EVs) and U.S. production capacity in response to tariffs [1] - AutoNation, a leading vehicle retailer, recently acquired a Toyota franchise for approximately $120 million, marking its first such move in a decade [2] - This acquisition signals a potential shift in Toyota's strategy towards EVs, as the company has focused more on hybrids rather than fully electric vehicles [3][6] Group 2 - Toyota's Chairman Akio Toyoda has expressed skepticism about the future dominance of EVs, predicting that their global market share may peak at 30% [4] - The company is implementing a "multi-pathway" strategy, emphasizing hybrids as a more balanced approach compared to the industry's push for full electrification [4] - Toyota plans to offer hybrid options for nearly all models in its U.S. lineup by the end of the decade, with popular models like the Camry and RAV4 already featuring hybrid variants [5]

Chinese automakers continued to expand their European foothold in May, capturing the highest share ever of hybrid-car sales and the biggest slice of the electric-vehicle market in 10 months https://t.co/NUtGtmrwyJ ...