zzdcar
Home
/
Reviews
/
Culture
/
Toyota Is Raking It In
Toyota Is Raking It In-April 2024
2024-02-19 EST 22:12:20

Image for article titled Toyota Is Raking It In

The rebounding economy is not affecting everyone evenly, and we’re seeing real winners (and losers) emerge. All that and more in for May 12, 2021.

Toyota’s net income more than doubled in the most recent quarter to $7 billion, with profit margin up a more reasonable nine percent, as reports. What stands out to me is that Toyota is not just riding some kind of tide lifting all boats, as Automotive News explains:

Toyota’s robust results contrast with those of other Japanese automakers reporting earnings so far this week.

Toyota-affiliate Subaru Corp. reported that its full fiscal year operating profit plunged by half.

Meanwhile, Mitsubishi Motors Corp. slumped into the red for the full-year, and the red ink at partner Nissan Motor Corp. expanded to .

Honda Motor Co., which reports its earnings May 14, has projected an 18 percent slump in fiscal-year operating profit.

And Mazda Motor Corp., which reports the same day, revised its outlook on Wednesday to warn that its full-year operating profit is expected to plunge 80 percent.

Toyota will be rolling its newfound profits into its push for electrification, the company claims, which might put .

2nd Gear: Self-Driving Electric VW Buses Testing In 2025

This is the future that 1960s hippies wanted, well, the ones that didn’t want us all to be living on communes never needing cars at all. Still, a self-driving electric VW Bus (the ID. Buzz) still feels like some sort of retrofuturism. From :

Pittsburgh-based Argo AI will begin testing self-driving Volkswagen vans in Germany this summer, its first test market outside the United States.

[...]

Testing will begin soon at a dedicated test track near the Munich Airport, similar to Argo’s existing test center in Pittsburgh.The plan is to launch an autonomous ride-pooling service in Hamburg by 2025, under VW’s existing mobility brand, MOIA.Autonomous delivery service using a cargo version of the vans will be added shortly thereafter.The services will roll out in other cities later, including in the U.S., according to officials with VW’s commercial vehicles division.

It feels weird to be feel positive about a new car coming. I feel like I need to be more cranky about it.

3rd Gear: BMW’s Giving Hydrogen Another Shot

Years after experimenting with hydrogen combustion engines, BMW is giving fuel cells a shot, as reports:

German automaker BMW plans to unveil a limited series of hydrogen fuel cell crossovers in 2022 as the company continues to research zero-emission alternatives to battery-electric cars, the company’s top executive said on Wednesday.

Speaking at the carmaker’s annual shareholder meeting, CEO Oliver Zipse said the company plans a small production run of a hydrogen fuel cell powered X5 crossover next year.

I am amazed that BMW has had the money to pursue so many different strategies at eco cars. I would have thought they’d still be locked in to all the carbon fiber stuff with new generations of the i3 and i8 by now.

4th Gear: Tesla Sales Down A Quarter In China Last Month

I try not to take month-by-month sales figures too seriously, but it’s hard not to ignore Tesla sales in China plummeting amid scandal after scandal over there. From :

The U.S.-based electric car company sold 25,845 made-in-China vehicles last month, down 27% from 35,478 in March, according to figures released Tuesday by the China Passenger Car Association.

[...]

Meanwhile, negative press has increased for Tesla in China. In the last few months, crashes and explosions have mounted and drawn scrutiny from regulators. Separately on Tuesday, Reuters reported, citing sources, that .

Tesla did not immediately respond to a request for comment on the report, or the association’s figures. Shares fell about 1.9% overnight and are down roughly 12% for the year so far.

5th Gear: A Nice Piece On The Futility Of Highway Expansion

crossed my feed today and I felt compelled to share it as well. The sticking point is that America is in love with expanding highways even though they do nothing to reduce congestion. From Governing:

But the mother of all examples has to be the Katy Freeway in central Houston, expanded in 2011 to more than 20 lanes in some segments, making it one of the widest highways in the world. That project cost $2.8 billion. When it was finished, travel times out of downtown increased, by some estimates as much as 30 percent, during the busiest portions of the day.

run into the reality of “induced demand,” the phenomenon that lures more vehicles and more congestion to a highway after it is expanded than were there before. The idea goes back to the 1960s, when the economist Anthony Downs promulgated what he called “On urban commuter roads,” Downs argued, “peak-hour congestion rises to meet maximum capacity.” Traffic planners, especially those in state highway departments, refused to believe it. They went with what they considered common sense and kept expanding and widening. They made a costly mistake.

The article also details cases when high demolition has helped open up cities, though usually the demolitions are from acts of god (like the Embarcadero collapse in the wake of the World Series quake) than from us humans.

Give the whole thing a read .

Reverse: At That Point Was He Just Regular Tex?

On May 12, 1957, race car driver A.J. Foyt (1935- ) scores his first professional victory, in a…

Neutral: How Are You?

My fiddle leaf fig, having sat dormant all winter, just sprouted a new leaf after I fed the plant the other day. Spring is a kind time. Also, my nose is a faucet.

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Culture
I Can't Get Enough Of This YouTuber Who Builds Tiny, Fully Functional Scale-Model Cars
I Can't Get Enough Of This YouTuber Who Builds Tiny, Fully Functional Scale-Model Cars
I love tiny, of . I have a that is roughly half the size of a normal cat, and she’s perfect. I own a 2013 , which is like the miniature version of a normal-sized vehicle (at least here in Texas) — but beyond that, I also own a Hot...
Apr 28, 2025
Watch ABS Fail When MotorWeek Tests A 1997 Chevy S-10
Watch ABS Fail When MotorWeek Tests A 1997 Chevy S-10
MotorWeek’s is some of the on the internet. The long-running automotive news magazine has a treasure trove of tests after being on the air for over 40 years. Where else can you find detailed instrumented testing of long-forgotten cars like the or a ? MotorWeek’s recent Retro Review upload is...
Apr 28, 2025
I Entered My Lifted Miata In A Real Off-Road Race, Here's What Happened
I Entered My Lifted Miata In A Real Off-Road Race, Here's What Happened
I have two automotive loves: The first is the Miata, the second is off-road racing. For a while I raced air-cooled Volkswagens in the deserts of California and Nevada and I was lucky enough to co-drive in a class 11 stock bug in the Baja 1000 a few years...
Apr 28, 2025
Toyota Is Moving A Prewar 700-Ton Press Machine Halfway Around The World
Toyota Is Moving A Prewar 700-Ton Press Machine Halfway Around The World
closed its São Bernardo Plant in November 2023, marking the end of its first overseas production facility. The closure caps off a period of continuous car production in São Paolo, , lasting over 60 years. The plant was home to a Komatsu 700-ton press that predates itself. And now...
Apr 28, 2025
Subaru Had It Right All Along
Subaru Had It Right All Along
When first came to the United States, it sold small funky cars that were decidedly un-American. As the company grew its own identity and became more established in the U.S., it became the first automaker to offer an all-wheel-drive passenger car in 1975. Subaru was also an early-adopter of...
Apr 28, 2025
2024 Kia EV9: What Do You Want To Know?
2024 Kia EV9: What Do You Want To Know?
At long last, we are about to get behind the wheel of for the first time. Sure, , and sure, , and sure , but hey — what can you do? Anyway, before we get behind the wheel of this three-row electric beast, we want to know what you...
Apr 28, 2025
Copyright 2023-2025 - www.zzdcar.com All Rights Reserved