Automotive Articles

Toyota investing $374 million at 5 existing US factories

Toyota Motor Corp. announced a $374 million investment Tuesday at five U.S. plants to support production of its first American-made hybrid powertrain. The upgrades at Toyota’s factories in Alabama, Kentucky, Missouri, Tennessee and West Virginia are part of a previously announced $10 billion in U.S. spending by the Japanese automaker. It “underscores Toyota’s confidence in

Read More...

Automotive Articles

Honda will launch a small electric car in 2019

FRANKFURT AUTO SHOW-2017 Honda said it will launch a full-electric city car in Europe in two years. The automaker unveiled the Urban EV concept previewing the car at the auto show here on Tuesday. “This is not some vision of the distant future. A production version of this car will be here in Europe in

Read More...