News of a potential BYD plant in Mexico should set off alarm bells in the boardrooms of U.S. auto makers. It’s never too early to get ready for new competition.
Toyota makes the case for high-volume traditional car making as it edges into hybrids and battery EVs. The shares of Ford and GM have struggled as they make.
By Ben Glickman Toyota Motor said it would invest an additional $1.3 billion in its facility to support the transition to electric vehicles. The automaker.