Toyota Motor Corp. is betting more Americans are ready for all-electric cars at a time when many of its rivals are hitting the brakes on battery-powered models. The world’s largest carmaker currently offers four imported EVs, and will add a fifth this month. Production of a new US-made EV will begin at its Kentucky plant later this year, followed by another model in 2027; that will bring its total...
Toyota Motor Corp. is betting more Americans are ready for all-electric cars at a time when many of its rivals are hitting the brakes on battery-powered models. The world’s largest carmaker currently offers four imported EVs, and will add a fifth this month. Production of a new US-made EV will begin at its Kentucky plant later this year, followed by another model in 2027; that will bring its total battery electric lineup in the US to seven models. Demand for EVs dropped sharply following the Trump administration’s withdrawal of tax credit and other subsidies last year, but Toyota sees sales gradually rebounding as more buyers warm to the idea of plug-in models, while the Iran conflict’s impact on fuel costs are driving more people to consider EVs . The strategy also reflects the company’s effort to turn its dominance in hybrid gas-electrics into a solid foothold in the EV market as it recalibrates. “We’re coming into the marketplace with multiple options for our customers at a time when people are looking for new options,” said Mark Templin , executive vice president and chief operating officer of Toyota’s North American operations. “If we get 15% of the overall market, we should be able to get 15% of the BEV market.” The move to press ahead with a full lineup of electric models comes even as Toyota struggles to keep up with strong demand for its hybrids, and as many rival automakers scale back or abandon their EV ambitions. Most recently, Honda Motor Co. canceled plans for a trio of US-made all-electrics and warned of a ¥2.5 trillion loss on its EV business. General Motors Co. and Ford Motor Co. have reined in their plans for the segment and even Tesla Inc. is shrinking its vehicle offerings, ending production of the Model X SUV and Model S sedan. But as others retreat, Toyota sees opportunity. “We’ll probably see what I call boomerang customers, people who loved Prius for being the greenest car in the industry that maybe went to a Tesla — and then we get those peo...
You kept meaning to make a 2025 IRA contribution, maybe after you got your year-end bonus. But then you got busy, and the next thing you knew, you were celebrating the new year. Now, you feel like you missed your shot. That would be true if you were talking about a 401(k) contribution . The deadline for 2025 contributions to those accounts was Dec. 31, but the rules are more flexible for IRAs. Ima...
You kept meaning to make a 2025 IRA contribution, maybe after you got your year-end bonus. But then you got busy, and the next thing you knew, you were celebrating the new year. Now, you feel like you missed your shot. That would be true if you were talking about a 401(k) contribution . The deadline for 2025 contributions to those accounts was Dec. 31, but the rules are more flexible for IRAs. Image source: Getty Images. Continue reading
There has been a rotation into value and smaller-cap stocks this year, with both groups outperforming the S&P 500 and Nasdaq-100 indexes so far in 2026. Tech stocks have been hit particularly hard. First, the market came after software-as-a-service (SaaS) stocks on fears of how artificial intelligence (AI) could potentially disrupt their business models. The sell-off later extended to the hypersca...
There has been a rotation into value and smaller-cap stocks this year, with both groups outperforming the S&P 500 and Nasdaq-100 indexes so far in 2026. Tech stocks have been hit particularly hard. First, the market came after software-as-a-service (SaaS) stocks on fears of how artificial intelligence (AI) could potentially disrupt their business models. The sell-off later extended to the hyperscalers over concerns that these companies were spending too much money building out data center infrastructure. Finally, it started hitting the semiconductor space. At this point, the AI stock trade that has powered the market for much of the past three years has broken down. However, that doesn't mean the overall AI boom is over. In fact, it still very much looks like it is in its early innings. That's why if I had $1,000 available to invest in one stock right now, it would be Nvidia (NASDAQ: NVDA) . Continue reading