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Toyota bet big on hybrids and it's paying off

Quartz

qz.com › toyota-hybrid-cars-evs-earnings-sales-1851436769

While most automakers around the world made a sudden pivot to electric cars, Toyota held off and decided to stick with hybrid models and slowed its rollout of battery-powered cars. Now, that cautious approach to electrification appears to be paying off, as hybrid cars just helped the Japanese automaker to a…

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Automakers are still killing off small cars even though they keep regretting it

Quartz

qz.com › ford-general-motors-mercedes-small-cars-evs-hybrids-1851436786

The EV revolution has hit a stumbling block. Sure, sales are technically rising, but they’re not rising anywhere near as quickly as projected. Automakers like Ford are losing big on each vehicle sold, with losses totaling in the billions — and now, The Verge reports that Ford is starting to wonder if maybe it should…

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Why do planes have those curved winglets?

Quartz

qz.com › planes-curved-winglets-origin-reason-1851436800

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Millions of consumers trust airlines with their lives each day, but few passengers understand how these massive flying tubes stay airborne and why they look the way they do. I don’t remember jets having winglets when I was a kid, but on a recent work trip I took notice of the winglets on all the planes at the airport.…

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The Dow drops 300 points on low economic growth, high inflation, and weak tech earnings

Quartz

qz.com › dow-jones-stocks-gdp-inflation-tech-earnings-1851435533

The Dow Jones Industrial Average and other major U.S. stock indexes had recovered from earlier steep losses toward the end of the day Thursday, but they remained deep in the red. Quarterly earnings reports from tech giants such as Facebook parent Meta and IBM disappointed investors. All eyes turned to Microsoft and…

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Honda and Toyota are investing billions to build more EVs in North America

Quartz

qz.com › toyota-honda-evs-manufacturing-us-canada-north-america-1851435651

Toyota Motor and Honda Motor are the latest automakers to plan billions of dollars in electric vehicle-related investments in North America as experts predict EV demand to spike.

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Coca-Cola is betting AI can help it compete against Red Bull and Pepsi

Quartz

qz.com › coca-cola-ai-pepsi-redbull-retail-competition-1851435682

Coca-Cola is betting that AI can helpit pop. The beverage company has signed afive-year partnership with Microsoft to streamline its workplace operations, manage costs, and improve productivity, it said in a statement on Tuesday. The partnership is valued at $1.1 billion.

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Boeing now has a ‘negative’ outlook from both Moody’s and S&P Global

Quartz

qz.com › boeing-credit-ratings-outlook-negative-moodys-sp-1851435363

S&P Global Ratings revised its outlook on Boeing to “negative” from “stable” on Thursday — just one day after Moody’s Ratings downgraded its rating outlook to negative for the struggling aerospace giant.

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