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The fog of war is in the latest global light vehicle production forecast released today by Mobility Global.*
“The global auto industry is holding up better than many expected, with small near-term upgrades in several regions, partly offset by meaningful downgrades in Greater China,” said Mike Wall, Executive Director, Automotive Analysis, Mobility Global.**
“China is the clearest two-speed story: weak domestic demand is dragging the baseline, while exports are doing a lot of the heavy lifting to keep factories running. Europe is improving on the back of stronger first-half production and backfill orders, while North America remains resilient thanks to higher-income demand even as inventory remains uneven. Japan and South Korea continue to benefit from solid export pull, despite disruption and geopolitical noise,” said Wall. Continue reading
First Look – 2027 Toyota Corolla 60th Anniversary Edition
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Toyota (NYSE: TM) said today that the ubiquitous Corolla is celebrating six decades of reliability, and efficiency, a legacy that spans the globe with the new 2027 Corolla 60th Anniversary Special Edition.*
“Since its debut in Japan in 1966, the Corolla has grown from a compact car designed for a rapidly changing world into one of the most significant vehicles in Toyota history,” Toyota said in a news release. “Along the way, Corolla helped introduce Toyota to drivers around the world, becoming a familiar presence on roads and in driveways across generations. Through six decades of change, it has continued to evolve alongside the people who drive it,” Toyota said. Continue reading →