Tesla’s brand value plummeted in 2024 as Musk splits opinion January 22, 2025 Tesla‘s brand value plummeted in 2024, paving the way for Toyota to claim the top spot as the global auto market’s most valuable brand. According to research from the consulting firm Brand Finance, the US EV maker’s brand value dropped 26 per cent last year to $43bn (£35bn), the second straight year it has fallen. [...]
Shipping giants face landmark cartel class action for overcharging UK motorists January 13, 2025 First follow-on cartel class action to hit a trial in the UK kicks off over allegations that shipping firms overcharged British consumers for car deliveries
Toyota GR Yaris 2025 review: The ultimate pocket rocket January 6, 2025 A normal new car launch goes something like this: fly to the south of France, drive for several hours on glorious mountain roads, check in at a boutique hotel, attend a brief PowerPoint presentation about the car and how profits were up in the last quarter, work through countless courses at a gourmet restaurant, imbibe [...]
Toyota: Revenue surges despite drop in UK market share September 16, 2024 Sales at the UK arm of car making giant Toyota jumped by almost £600m to pass £3.5bn during its latest financial year despite a drop in market share. The Surrey-headquartered company’s revenue for the year to 31 March, 2024, increased from £2.9bn to £3.5bn, according to newly-filed accounts with Companies House. The UK market share [...]
Toyota: Interest payment rises help sales accelerate towards £1bn at European arm August 7, 2024 Sales at the European arm of Toyota have accelerated by almost 50 per cent to almost £1bn during its latest financial year, it has been revealed. The car making giant, which also sells Lexus cars, has posted a total revenue of £941.7m for the 12 months to March 31, 2024, according to newly-filed documents with [...]