Latest news with #hybridVehicles
Globe and Mail
2 days ago
- Automotive
- Globe and Mail
Ford Stock (NYSE:F) Rises With May Sales Numbers
When legacy automaker Ford (F) first revealed plans to supply all its customers with employee pricing, it was a bold move. A lot of people wondered how it would turn out. And the numbers for May suggest that it went pretty well indeed. Investors were certainly pleased with how it all boiled down, because they sent Ford shares up over 2% in Tuesday afternoon's trading. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter May 2025 brought with it a whopping 16.3% increase in sales against May 2024's numbers. These numbers were led by a 17.2% surge in sales of internal combustion vehicle models. Since these cars are usually the leaders in sales anyway, their surge allowed for a massive gain overall. This was vital, as Ford also posted a 25% drop in the sales of all its electric vehicles. Round things out with a 29% jump in hybrid car sales, and the picture was complete. Admittedly, some of those sales are likely customers front-loading, moving up purchases originally planned for later in the year to take advantage of the employee pricing. And with price hikes likely to come in the second half of the year, future sales may not be so productive. A Captivating Range Those hybrid vehicles are starting to catch a lot of notice, as one report noted that the range on the hybrid F-150 is proving more impressive than imagined. That report found that, despite driving in and around Seattle—which is pretty much a guarantee of stop-and-go urban driving—the vehicle still managed to get around 700 miles on a single tank of gasoline. It certainly helps that the F-150 in question got around 23 miles per gallon, which is respectable for a large-size truck. Throw in the fact the F-150 also has a wallet-busting 30.6 gallon tank—a fill-up for that one would run over $90 in many places—and the longevity of this vehicle becomes almost impossible. Plus, the tester in question reported that the battery life in the vehicle was more than sufficient to keep devices charged while traveling, especially with BlueCruise active. Is Ford Stock a Good Buy Right Now? Turning to Wall Street, analysts have a Hold consensus rating on F stock based on two Buys, 12 Holds and three Sells assigned in the past three months, as indicated by the graphic below. After a 17.04% loss in its share price over the past year, the average F price target of $9.71 per share implies 4.62% downside risk. See more F analyst ratings Disclosure
Yahoo
23-05-2025
- Automotive
- Yahoo
Toyota debuts new software system in revamped RAV4
TOKYO (Reuters) - Toyota unveiled its latest RAV4 on Wednesday and said the compact sport utility vehicle would be its first model to feature its Arene software development platform. "The RAV4 marks a start in our journey in building software-defined vehicles," Simon Humphries, Toyota's chief branding officer, said. In the new RAV4, the platform has helped with the development of software powering the new multimedia system's cockpit voice agent and centre display, as well as advanced safety technologies. Launched in 1994, the RAV4 has become one of Toyota's most popular models worldwide, with more than a million vehicles sold last year. Toyota plans to launch the sixth-generation RAV4 in North America, Japan and Europe in the current business year to end-March 2026. It will also have variants with hybrid and plug-in hybrid powertrains. The plug-in hybrid vehicles will have a battery-only range of 150 km (93 miles). Toyota is considering producing the latest version of the vehicle in the United States instead of an earlier plan to export from Japan and Canada, people familiar with the matter have said, rethinking its supply chains to lessen the hit from U.S. tariffs on imported vehicles. The current version of the RAV4 is made in Kentucky, Japan and Canada. Toyota said at the time it had nothing to announce.
CNA
21-05-2025
- Automotive
- CNA
Toyota debuts new software system in revamped RAV4
TOKYO :Toyota unveiled its latest RAV4 on Wednesday and said the compact sport utility vehicle would be its first model to feature its Arene software development platform. "The RAV4 marks a start in our journey in building software-defined vehicles," Simon Humphries, Toyota's chief branding officer, said. In the new RAV4, the platform has helped with the development of software powering the new multimedia system's cockpit voice agent and centre display, as well as advanced safety technologies. Launched in 1994, the RAV4 has become one of Toyota's most popular models worldwide, with more than a million vehicles sold last year. Toyota plans to launch the sixth-generation RAV4 in North America, Japan and Europe in the current business year to end-March 2026. It will also have variants with hybrid and plug-in hybrid powertrains. The plug-in hybrid vehicles will have a battery-only range of 150 km (93 miles). Toyota is considering producing the latest version of the vehicle in the United States instead of an earlier plan to export from Japan and Canada, people familiar with the matter have said, rethinking its supply chains to lessen the hit from U.S. tariffs on imported vehicles. The current version of the RAV4 is made in Kentucky, Japan and Canada. Toyota said at the time it had nothing to announce.
Car and Driver
21-05-2025
- Automotive
- Car and Driver
View Exterior Photos of the 2026 Toyota RAV4 PHEV
Read the Full Story Toyota first introduced a plug-in hybrid version of the RAV4 called the Prime in the previous generation. It was later renamed the RAV4 PHEV, and now the plug-in model is continuing into the new generation with numerous upgrades.
