Latest from Larry P. Vellequette
Toyota will invest $88 million in its component plant in West Virginia for next-generation hybrid axles.
Subaru will introduce a second EV to its U.S. lineup next year with the 2026 Trailseeker, an Outback-sized two-row crossover.
The average marketed price for new vehicles across the U.S. is above $50,000 for the first time since Dec. 7 and is expected to continue to rise, according to Cloud Theory.
Subaru of America will add what is expected to be an Outback-sized two-row electric crossover to its lineup this year, debut it at this month’s New York auto show and call it the Trailseeker.
New-vehicle inventory across the U.S. stayed mostly flat over the past month and started April at 3.08 million, according to Lotlinx.
Toyota is marking the end of its six-year collaboration with BMW with a GR Supra MkV Final Edition version of the 382-hp sports car.
Subaru extended its month-over-month sales streak in March to 32.
Strong hybrid sales pushed Toyota up 0.1% in Q1, while Lexus sales grew 5.8%
Toyota is eliminating the chief strategy officer position it created when restructuring roles for Chris Reynolds and Jack Hollis.
The North American auto industry is fully integrated, and painful tariffs will not undo that.
