Month: June 2023

TOKYO – When Toyota convenes its annual shareholders’ meeting on Wednesday, the world’s biggest automaker will be bracing for rare investor backlash, with some pension groups even voting against the appointment of longtime leader Akio Toyoda as company chairman. The normally staid and tightly scripted event, traditionally held at Toyota’s global headquarters in Toyota City,
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Toyota and Volkswagen Group transferred their Russian assets to Russian entities without a buyback option, Russia’s RIA state news agency reported. “The Toyota asset transfer deal, just like the Volkswagen deal, does not include an option to buy back production sites,” RIA quoted Russia’s Deputy Prime Minister Denis Manturov as saying during an interview. Russia
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Polestar’s electric fastback, the Polestar 2, delivers more power, range and content for the new model year — along with a higher sticker price. The 2024 model arrives in August. The updated Polestar 2, like its XC40 and C40 siblings from major shareholder Volvo, receives a new-generation permanent magnet electric motor and new silicon carbide
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Laurence Edmondson, F1 EditorJun 12, 2023, 08:29 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Mercedes team boss Toto Wolff says he regrets not signing Max Verstappen when he had the chance but doubts a driver combination of Verstappen and Lewis Hamilton would have worked. Before Verstappen was announced as
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