automotive

Toyota to invest $5.6 billion to build EV batteries

Toyota said it's still not convinced that's the best path forward

Originally Published: 31 AUG 22 12:59 ET By Chris Isidore, CNN Business (CNN) -- Toyota announced plans Wednesday to invest $5.6 billion in new plants to build electric vehicle batteries in Japan and the United States. But unlike other automakers…

GM recalls more than 600,000 trucks, SUVs

More than 600,000 four-wheel drive trucks and SUVs are being recalled by General Motors because a software error could trigger the braking system and increase the likelihood of a crash, The Associated Press reported Thursday.

Toyota chief warns that new tariffs could threaten US investment

The head of Toyota North America warned Friday that the tariffs President Donald Trump has threatened to impose on foreign vehicles would make it hard for the company to follow through on an additional $750 million investment in US plants that it announced this week.