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Toyota Is Struggling to Keep Pace With Its Own Hybrid Success
Toyota Is Struggling to Keep Pace With Its Own Hybrid Success

Yahoo

time03-04-2025

  • Automotive
  • Yahoo

Toyota Is Struggling to Keep Pace With Its Own Hybrid Success

Toyota has reason to feel proud of its hybrid-focused lineup as demand for gas-electric vehicles is surging globally. Cars like the Prius, RAV4 Plug-In, and Camry have proven the value of the company's strategy. While Toyota initially hedged its bets on electric vehicles, the increased demand for hybrids has presented a new challenge. The automaker and its suppliers are struggling to build enough hybrids to meet the growing number of orders. According to Reuters, one of Toyota's biggest challenges is its limited capacity to produce hybrid-specific parts. Many components for its gas-electric vehicles are made in Japan and shipped globally, but some suppliers are struggling to secure the raw materials needed for production. Aisin, a major Toyota contractor, has faced difficulties producing rotors and stators for hybrid motors due to a global shortage of magnets. Additionally, Denso is experiencing challenges in supplying Toyota with the voltage inverters required for its hybrid vehicles. Toyota has several strategies in place to address the growing global demand for hybrids. In the US, the company is set to start building hybrid components in North Carolina, where a $14 billion battery plant will begin operations later this year. Additionally, Toyota is exploring the possibility of sourcing parts from new suppliers in local markets to reduce pressure on current contractors like Denso and Aisin. For instance, India's rapidly expanding hybrid market could make it a prime location for manufacturing certain components for regional use. The Toyota Camry, which will only be available with a hybrid powertrain starting with the 2025 model year, has gained significant popularity in the US. One unnamed West Coast dealer told Reuters that they rarely have more than a few on the lot at a time. The original Toyota hybrid is in even shorter supply, with Prius hatchbacks completely sold out at the same dealership. The redesigned 2023 Prius has seen a sales resurgence, reversing a long decline as consumers shifted toward Toyota's hybrid crossovers, with 44,711 units sold in 2024—a 16.7 percent increase from the previous year and a 20.6 percent improvement over 2022. In 2024, all of Toyota's gas-electric models saw increased sales compared to 2023, except for the Highlander Hybrid. Among the biggest winners was the Prius Prime, now rebranded as the Prius Plug-In Hybrid, which experienced a 66 percent sales boost. The Camry Hybrid also saw a significant jump, with sales rising from 35,000 in 2023 to 205,000 in 2024. Additionally, the Grand Highlander Hybrid gained popularity, more than doubling its sales in 2024, which helped offset the smaller Highlander Hybrid's 50 percent sales decline. In addition to strong sales in North America, Toyota is seeing rising demand in Europe, particularly for the RAV4 Plug-in Hybrid (formerly known as the Prime) and the compact Yaris Cross hybrid. These models have become popular choices among European consumers. In Toyota's home market of Japan, hybrid buyers face long wait times, with some models taking up to five months to arrive. In India, the wait for certain hybrid models can extend to as long as nine months. Source: Reuters

The 8 best used cars for less than $20,000, according to Consumer Reports
The 8 best used cars for less than $20,000, according to Consumer Reports

Yahoo

time27-02-2025

  • Automotive
  • Yahoo

The 8 best used cars for less than $20,000, according to Consumer Reports

Car prices are soaring — and many Americans simply can't afford to buy a vehicle new. If your budget maxes out at $20,000 and you're looking to purchase a car, Consumer Reports has you covered. It made a list of some of its highest-rated vehicles you can currently buy used for under $20,000. Continue reading to see which vehicles make the list: A 2019 Audi (VWAGY) A4 tends to sell for somewhere between $16,400 - $19,900. It gets around 28 miles per gallon and scored well on Consumer Reports road tests. The 2018 Camry Hybrid gets a reported 43 miles per gallon and received stellar scores from Consumer Reports. It sells for somewhere between $15,725 - $18,500 Consumer Reports says the Lexus (TM) NX is a reliable choice and the 2017 model usually retails between $16,450 - $19,825. It gets a reported 25 miles per gallon. The 2016 Highlander Hybrid is a great choice for a midsized SUV. It gets a reported 26 miles per gallon and scored nicely on Consumer Reports road tests. A used 2021 Sportage retails for between $14,825 - $19,275 and gets a nice reliability score from Consumer Reports. It gets an average of 23 miles per gallon. The 2017 Honda (HMC) Accord Hybrid gets a stellar 48 miles per gallon and is Consumer Reports recommended. It currently sells for between $13,400 - $17,700. If you're looking for a newer model, the 2022 Impreza is retailing between $15,350 - $21,025, gets an nice 32 miles per gallon, and is Consumer Reports recommended. Consumer Reports says a 2020 CX-9, which retails between $16,500 - $22,900, is a family-friendly, 3-row SUV. For the latest news, Facebook, Twitter and Instagram.

The most reliable new midsize SUVs in 2025
The most reliable new midsize SUVs in 2025

Yahoo

time24-02-2025

  • Automotive
  • Yahoo

The most reliable new midsize SUVs in 2025

Finding a reliable midsize SUV in 2025 doesn't have to mean spending a fortune. With new car prices near record highs, buyers want vehicles that last as long as possible while delivering solid performance and comfort. Midsize SUVs remain one of the most popular segments in the U.S., with options ranging from three-row family haulers to rugged off-roaders. Based on new research from iSeeCars, which analyzed prices and life expectancy of over 3.8 million new vehicles, these are the best new midsize SUVs for the money in Toyota Highlander is the most reliable midsize SUV for the money in 2025. With an average list price of $48,481 and an expected lifespan of 13.9 years, it costs just $3,489 per year to own, significantly below the segment average. Known for its strong resale value and solid build quality, the Highlander continues to be a top choice for families who need space and reliability. For buyers who prioritize durability, the Toyota 4Runner remains one of the most rugged and long-lasting SUVs on the market. Its body-on-frame construction and off-road prowess contribute to its 14.6-year lifespan, one of the highest in this category. The 4Runner's $52,056 price tag results in a $3,557 cost per year, making it a standout choice for adventure seekers who also want long-term hybrid version of the Toyota Highlander offers the same expected 13.9-year lifespan as its gasoline-powered counterpart but with improved fuel efficiency. With an average list price of $52,565, its cost per year of ownership comes in at $3,773—still well below the segment average. For those looking to save on gas while maximizing longevity, the Highlander Hybrid is a smart buy. Luxury and longevity don't always go hand in hand, but the Lexus RX 350h proves otherwise. This hybrid SUV boasts an impressive 15.7-year lifespan, the longest on this list, and an average price of $60,857. That translates to a $3,865 cost per year—less than many mainstream SUVs. For those who prefer a traditional gasoline engine, the Lexus RX 350 offers similar longevity to its hybrid sibling at 14.9 years. Priced at $57,838, its cost per year comes out to $3,892. With Lexus' reputation for durability and a plush interior packed with technology, the RX 350 is a strong contender for luxury SUV buyers who prioritize Jeep Wrangler may be best known for its off-road capabilities, but it's also a long-lasting SUV. With an expected lifespan of 14.4 years and an average price of $56,252, its cost per year of ownership is $3,894. While the Wrangler's ride quality and refinement lag behind more road-friendly SUVs, its ability to tackle tough terrain and hold its value makes it a great choice for adventure lovers. The Nissan Murano might not be the flashiest SUV, but it delivers on reliability and value. With an 11.6-year lifespan and a price tag of $45,205, it costs $3,912 per year to own. Known for its smooth ride and upscale interior, the Murano appeals to those seeking a comfortable midsize SUV that won't break the bank. Honda's three-row Pilot is a family favorite, offering a solid blend of space, technology, and dependability. With an expected lifespan of 12.1 years and an average price of $49,817, it costs $4,131 per year to own—slightly higher than some competitors but still below the segment average. The Pilot remains a top pick for those needing extra passenger and cargo space without sacrificing those looking at luxury brands, the INFINITI QX60 offers a respectable 14.7-year lifespan, which helps justify its $61,286 price tag. That results in a $4,173 cost per year—higher than some mainstream models but still a good value for a luxury SUV. The Nissan Pathfinder is another strong option in the three-row SUV segment, boasting an 11-year lifespan. With an average price of $46,975, it costs $4,273 per year to own. While not as long-lasting as some competitors, the Pathfinder remains a practical choice for families needing a spacious SUV with decent longevity. Hyundai's Santa Fe earns a spot on this list thanks to its affordability. Priced at $43,999 with an expected lifespan of 10.2 years, it costs $4,309 per year to own. While its longevity isn't as strong as some rivals, the Santa Fe's warranty coverage and solid feature set make it a reliable, budget-friendly Lexus RX 500h sits at the top of the RX lineup, offering both hybrid efficiency and Lexus' well-known reliability. With an impressive 15.7-year lifespan and a steep $72,155 price, it costs $4,583 per year—just under the segment average. For buyers willing to invest in a luxury hybrid with a long road ahead, the RX 500h delivers excellent value. Midsize SUVs remain a smart choice for buyers seeking a balance between practicality, comfort, and reliability. While prices in this segment vary widely, the models listed here provide the best return on investment in terms of longevity. Whether opting for a rugged off-roader like the 4Runner, a premium SUV like the Lexus RX, or a family-friendly staple like the Highlander, buyers in 2025 have strong options that will last well beyond the average vehicle lifespan. Love reading Autoblog? Sign up for our weekly newsletter to get exclusive articles, insider insights, and the latest updates delivered right to your inbox. Click here to sign up now!

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