Toyota’s Record Profits Driven by Hybrid Demand and Weak Yen: Toyota, the Japanese automotive giant, has announced unprecedented profit and sales figures, attributing its success to the combination of a weak yen and soaring demand for hybrid vehicles. In the fiscal year ending in March, Toyota achieved a net profit of 4.94 trillion yen ($31.9…
Hyundai’s Genesis reveals all-electric SUV concept, the Neolun Hyundai’s luxury brand, Genesis, is setting the stage for its future trajectory with the introduction of the Neolun, a groundbreaking all-electric concept SUV, at the New York International Auto Show. The Neolun boasts a bold exterior characterized by elongated horizontal headlights and taillights, reminiscent of Genesis’ current…
Genesis announces high-performance ‘Magma’ GV60 and G80 In a continuation of its New York reveals, Genesis has announced an ambitious venture into the realm of performance vehicles. Dubbed the “Magma” cars, this lineup draws inspiration from the striking orange hue that adorned the GV80 Coupe Concept showcased at last year’s New York Auto Show. This…
