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Toyota suspends night shifts on Monday, Tuesday on one production line at Tsutsumi plant in Aichi Prefecture in central Japan factory due to COVID-19 outbreak; shutdown affects production of about 660 vehicles

Subaru Outback only midsized car to earn good rating in updated IIHS side crash test, with only three of seven vehicles tested receiving good or acceptable ratings in test; midsize cars did not perform as well as small, midsized SUVs in side crash test

July Canadian auto sales down 16.2% from a year ago to 130,480 new vehicles; sales down due to vehicle shortages as automakers continue to struggle with semiconductor supply chain disruptions

Avis Budget Group reports Q2 net income up 94% from a year ago to US$774.0M, with revenues up 37% year-over-year to US$3.2B; results driven by highest quarter demand in history, strong pricing, with Americas adjusted Q2 EBITA hitting US$1.0B

BMW reports total Q2 group net profit down 36.4% from a year ago to €3.0B, with automotive group revenues up 20.1% €30.0B; sales of BMW, Mini all-electric models up 110.3% from a year ago to 75,890 units in first half of 2022

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