Automotive Industry
4 stories
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financeToyota Successfully Buys Toyota Industries for $30B
Toyota completes tender offer for Toyota Industries at $129.89 per share, marking largest intra-Japanese deal since 1985.
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techLamborghini Shifts Gears: Electric Lanzador Scrapped Amidst Supercar Buyer Hesitation
Lamborghini cancels its all-electric Lanzador concept, citing slow EV adoption in the luxury super sports segment. The brand will instead focus on plug-in hybrids.
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techLamborghini Halts Electric Supercar Plans Amidst Weak Luxury Demand
Lamborghini delays its first all-electric supercar, opting for plug-in hybrids due to lukewarm reception from luxury buyers and a focus on emotional driving appeal.
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techToyota Deploys Humanoid Robots at Canadian Plant
Toyota Motor Manufacturing Canada is integrating Agility Robotics' Digit humanoid robots into its Woodstock assembly plant to enhance operations and employee safety.