Toyota has reported a 1.9% decline in its global sales for November, with production also falling by 3.4%. This drop is primarily attributed to China’s decision to end its subsidies for electric vehicle (EV) and fuel-efficient vehicle sales. In total, Toyota sold 905,919 units during November, with its subsidiaries, Daihatsu and Hino, also contributing to the figures. This slowdown marks a difficult year for Toyota as competition within the EV space continues to rise.
While China’s policy shift had a significant impact on Toyota, the automaker is adjusting its strategy to cope with the changing market. Despite the dip in sales, Toyota’s efforts to maintain a strong presence globally remain steadfast.
General Motors (GM) Soars with 55% Stock Increase
In stark contrast to Toyota, General Motors (GM) had a record-breaking year, with its stock surging 55% in 2025. This marked GM’s best performance since emerging from bankruptcy in 2009, making it the top-performing U.S.-traded automaker stock of 2025. The surge has investors hopeful about GM’s future, especially with its expanding EV lineup and innovative technology developments.
Senate Hearing Drama: Ted Cruz vs. Detroit Three Automakers
A brewing conflict over vehicle affordability has pitted U.S. Senator Ted Cruz against the Detroit Three automakers. Cruz has called for CEO testimony at a planned Senate hearing on vehicle affordability. However, Ford has voiced strong objections, citing scheduling conflicts and concerns over fairness. The dispute highlights the ongoing tension between automakers and policymakers regarding vehicle prices and accessibility, especially as the industry pivots to EVs.
Tax Break for New Car Buyers: How You Could Benefit
Car buyers who financed new, U.S.-built vehicles in 2025 could be eligible for a modest tax break under new IRS guidance. The “No Tax on Car Loan Interest” provision allows qualifying buyers to deduct up to $10,000 annually on interest paid for qualifying auto loans. This provision aims to reduce the financial burden on consumers, especially for those purchasing environmentally-friendly vehicles like EVs.
Stellantis Revives Ram TRX V8 to Boost U.S. Sales
Stellantis is bringing back the V8-powered Ram 1500 SRT TRX, signaling its commitment to the U.S. market. The automaker reversed earlier plans to phase out the V8 engine in favor of more fuel-efficient powertrains. The 2027 Ram 1500 SRT TRX is expected to launch with a starting price of around $100,000, giving Stellantis a powerful edge in the competitive pickup truck market.