Now You Can Order a Yacht From Car Maker Lexus

Now You Can Order a Yacht From Car Maker Lexus

Now You Can Order a Yacht From Car Maker Lexus $TM, $RACE, $HMC, $POAHY Deliveries of the Lexus LY 650 65-ft luxury yacht begin mid-2019 We’re way past the point where we think of carmakers as restricted to making just cars. For example: There is Aston Martin (LON:AML) that’s building luxury apartments in Miami. Porsche Design […]

Softbank and Toyota to Take on Tesla

Softbank and Toyota to Take on Tesla

Softbank and Toyota to Take on Tesla Japanese car giant Toyota and conglomerate Softbank on Thursday announced they would create a joint venture to provide “new mobility services” including autonomous vehicles for services such as meal deliveries. The new company will be called “Monet” — short for “mobility network” — and will be 50.25 percent […]

Ferrari (NYSE:RACE) and Ford (NYSE:F) Pull Out of WEC’s Top Endurance Class Talks

Ferrari (NYSE:RACE) and Ford (NYSE:F) Pull Out of WEC’s Top Endurance Class Talks

Ferrari (NYSE:RACE) and Ford (NYSE:F) Pull Out of WEC’s Top Endurance Class Talks $RACE, $F, $TM Organizers of the World Endurance Championship, whose topper is the 24 Hours of Le Mans, are currently embroiled with automakers, teams and other stakeholders over a major shakeup to the series’ Top class in time for the Y 2020/2021 […]

Ferrari (NYSE:RACE), Some Details on the New Hypercars

Ferrari (NYSE:RACE), Some Details on the New Hypercars

Ferrari (NYSE:RACE), Some Details on the New Hypercars $RACE, $F Last week we learned that Le Mans will have a new Top Class in Y 2020, with prototype design and road car looks, but the degree to which the class would balance was not unclear. Today, we have more details on how this will look […]

World’s Fastest SUV

World’s Fastest SUV

World’s Fastest SUV Land Cruiser, Toyota’s iconic go-anywhere four-wheel-drive sport-utility vehicle, has earned myriad accolades and records over the 60-plus years it’s been in production. And now, among them: the title of “World’s Fastest SUV” thanks to a record speed of over 230 mph, attained by the custom 2,000-horsepower Land Speed Cruiser. With former Toyota […]

Toyota (NYSE:TM) Answers President Trump by Adding 400 Indiana Jobs

Toyota (NYSE:TM) Answers President Trump by Adding 400 Indiana Jobs

Toyota (NYSE:TM) Answers President Trump by Adding 400 Indiana Jobs $TM, $F, $GM, $FCAU Tuesday, Toyota Motor Corp. (NYSE:TM) said it would add 400 jobs to build more SUVs at one of its US plants, highlighting its expansion plans just as US President Donald Trump calls on manufacturers to build more cars in the country. The Japanese automaker […]

From the Detroit Auto Show: Toyota (NYSE:TM) to Spend $10-B in USA

From the Detroit Auto Show: Toyota (NYSE:TM) to Spend $10-B in USA

From the Detroit Auto Show: Toyota (NYSE:TM) to Spend $10-B in USA $TM Toyota Motor (NYSE:TM) will spend $10-B in US capital investments over the next 5 years, matching the Japanese automaker’s investments over the prior 5 years, North America CEO Jim Lentz said Monday. The automaker has come under fire from President Elect Donald […]