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Compact Body Styles, Hybrids, and Value-Driven Used Models Powered 2025 Automotive Demand, According to CarGurus
Globenewswire· 2025-12-11 14:00
A heightened focus on affordability—driven by rising ownership costs, tariff concerns, and a late-model used supply crunch—defined the market in 2025, setting the stage for 2026 BOSTON, Dec. 11, 2025 (GLOBE NEWSWIRE) -- CarGurus, the No. 1 most visited automotive shopping site in the U.S.1, today released its 2025 Recap and 2026 Outlook, highlighting the year’s top influences on the automotive market and expectations heading into the new year. “If 2024 was defined by declining affordability, 2025 was the ye ...
Toyota to manufacture EV SUVs at US Kentucky plant, source says
Yahoo Finance· 2025-09-09 09:43
Core Viewpoint - Toyota Motor is shifting its production strategy by starting to manufacture two battery-powered SUVs in its Kentucky plant while ceasing the production of a luxury Lexus model at the same site [1]. Group 1: Production Changes - Toyota will produce electric vehicles based on the RAV4 and Land Cruiser models in Kentucky [1]. - The next-generation Lexus ES sedan will be manufactured in Japan and exported to the U.S., indicating a consolidation of Lexus production [2]. - Currently, Lexus ES sedans are produced in Kentucky, and Lexus TX SUVs are made in Indiana [2]. Group 2: Tariff Impact and Company Response - Reports suggest that Toyota is consolidating Lexus production in the U.S. due to high tariffs from the Trump administration, although the company has not officially confirmed this [3]. - Toyota stated that the information regarding production consolidation was not announced by the company and emphasized its ongoing review of production structures to improve vehicle quality [3].
HOWLER BROTHERS PARTNERS WITH TOYOTA AND ITS ICONIC LAND CRUISER TO LAUNCH LATEST LIMITED-EDITION COLLABORATION
Prnewswire· 2025-06-10 15:02
Core Insights - Howler Brothers has launched a collaboration with Toyota to create a limited-edition collection inspired by the adventurous spirit of both brands, particularly focusing on the rugged beauty of Costa Rica and the classic Land Cruiser [1][2][3] - The collection combines Howler Brothers' signature style with the legacy of the Land Cruiser, designed for outdoor enthusiasts who appreciate exploration and adventure [3][4] - The partnership aims to celebrate the spirit of exploration and versatility, blending style and function in the collection's apparel and accessories [4] Company Overview - Howler Brothers, established in 2011, specializes in unconventional outdoor apparel inspired by various cultural elements and activities [7] - Toyota, a major automotive manufacturer, employs nearly 64,000 people in North America and has a long history of vehicle assembly in the region [9][10] - In 2024, Toyota sold over 2.7 million vehicles in North America, with more than 43% being electrified vehicles, indicating a strong market presence and commitment to innovation [11]