Toyota's new RAV4, now sold only as a hybrid, is in high demand but limited supply has left dealers with only a few days' worth of inventory. This shortage is due to Toyota's initial limited production and a shift in buyer preference toward hybrids amid high gas prices. Despite the wait times for customers, Toyota's overall U.S. sales remain slightly up in 2026, supported by strong brand loyalty and alternative vehicle options within Toyota's lineup. The supply constraint is unlikely to significantly impact Toyota's sales momentum.
Toyota Motor Corporation reported a 10% year-over-year revenue increase in the first fiscal quarter, reaching 13.5 trillion yen, largely due to strong sales of its hybrid models. The company benefits from its global leadership in hybrid technology an...
Barret Zoph, co-founder of AI startup Thinking Machines and former OpenAI executive, has left OpenAI after a brief return to join Google as vice president of research. Zoph's move highlights the high turnover in the AI industry, especially at OpenAI,...
