Toyota Anticipates 20% Profit Dip, Blames Rising Cost of Raw Materials
11 May 2022, 16:15 UTC · By: Humphrey Bwayo / Kenta Kon, Toyota’s chief financial officer, said there’s an urgent need to work on material inflation, the automaker reported a 33% drop in its fourth-quarter
Raw Material Supply Issues and Battery Shortage Are Here to Stay, Stellantis Boss Warns
10 May 2022, 17:30 UTC · By: Humphrey Bwayo / During FT Future of the Car 2022 conference, Stellantis head Carlos Tavares warned he anticipates a raw material and battery shortage in the future
Planning to Get an All-Electric Mercedes-Benz? Better Luck Next Year, All Units Sold Out
9 May 2022, 20:58 UTC · By: Humphrey Bwayo / Mercedes-Benz's chief executive told the "FT Future of the Car 2022 Conference" that the automaker has run out of aelectric vehicle models this year