TOKYO (Reuters) -Japanese auto parts maker Denso, a top Toyota supplier, posted a near six-fold jump in third-quarter operating profit on Friday, as currency gains and cost-cutting efforts offset a hit from lower vehicle production volumes in Asia.

Toyota Motor Corp group sold more cars than any other automaker for the fifth consecutive year in 2024 while China's fast-growing BYD Co surpassed Honda Motor Co, Nissan Motor Co and Suzuki Motor Corp in vehicle sales for the first time,

Hyundai and Kia have invested in WeaveGrid, a software company that enables rapid EV adoption on the grid, following Toyota’s backing.

Despite the astonishing numbers, Toyota’s total global sales are actually slightly down from 2023’s figures. The books show that Toyota and Lexus deliveries are lower by 1.4 percent. With Hino and Daihatsu included, the company’s total is 3.7 percent down compared to last year.

If you’re in the market for a hybrid SUV, don’t miss out on this comparison. We put the long-running Toyota RAV4 Hybrid up against one of its best rivals, the Hyundai Tucson Hybrid.

Hyundai Motor said on Thursday that it aims to sign binding deals with General Motors involving various areas of cooperation including the joint purchase of vehicle parts.

“We are considering re-badging our commercial EVs and supplying GM,” Hyundai’s CFO, Lee Seung Jo, said on a conference call (via Reuters) Thursday. Lee added the deal would pave the way for our entry into the North American commercial vehicle market.”

WeaveGrid, a software company that enables rapid electric vehicle (EV) adoption on the power grid, today announced a strategic investment from Hyundai Motor Company and Kia Corporation, further solidifying its position as the preferred software solution for automakers seeking to securely and seamlessly integrate their EVs with the electric power grid.

Technology plays a prominent role in each model. The 2025 Tucson boasts a sophisticated two-screen panoramic infotainment display, while the RAV4 features Toyota's in-house-engineered system. Both SUVs also come loaded with advanced driver assistance systems ( ADAS ), emphasizing safety and convenience.

Hyundai India's Managing Director stated that the carmaker has access to a range of powertrain technologies, including hybrid, hydrogen, and flex-fuel systems, through its parent company, Hyundai Motor Company (HMC).

Car manufacturers across the US are under increased scrutiny over how they handle data collected from their connected services

New Delhi: TVS Motor Company and Hyundai Motor Company (HMC) on Saturday unveiled concept models of advanced electric three-wheelers and micro four-wheelers at Bharat Mobility Global Expo 2025.