Toyota and Lexus anticipate building over 3 million vehicles and Japan and more than 7 million in offshore plants in 2024.
The rise has been forecast as component supplies ease and hybrid sales are rising.
Hyundai Motor UK has appointed smart home charging business Ohme as its official home charging partner.
Ohme’s dynamic smart chargers can connect with the grid in real time, automatically adjusting to optimise the cost of charge and accessing all the times of the smartest, greenest and lowest cost energy tariffs.
GWM ORA has launched its new naming convention for all current and future models.
The brand’s first model, previously known as ORA Funky Cat, will now be re-named as ORA 03 and made available in two trim levels: PURE+ with 0% APR finance and £228 a month while the PRO+ gets an extended 260 miles range from £298 a month and 1.9% APR and new colour schemes.
Profit for the holding company of the Motability charity fell in 2023, accounts reveal.
Documents for Motability Operations Group Plc show a 35% fall in profit before tax from £1.1bn in 2022 to £748m in 2023 for the business which is jointly owned by an affiliate of Barclays, HSBC, Lloyds and NatWest.
Almost 139,800 Ford Focus and EcoSport models sold in America since 2016 are being recalled for checks on their engine oil pump belt and tensioner which may be faulty.
Just under 100 models have reported engine failure due to low oil pressure and need a full engine replacement, but parts needed may not be available until Spring 2024, said the National Highway Transportation Safety Board.
Tata has acquired and converted a former Ford of India vehicle assembly plant in just 12 months.
It will make a mix of petrol and ev models in the factory in Sanand, Gujarat and gradually ramp up production to about 420,000 cars a year.
China’s BYD group has launched its first new generation car transporter ship, Explorer 1, which can take 7,000 vehicles around the world to markets using a hybrid power system of Liquified Natural Gas and conventional diesel fuels.
It is the first of eight such massive ships the company plans to introduce as its global sales rise.