Around 85% of Toyota Motor's shareholders voted to re-elect Chairman Akio Toyoda during an annual general meeting, marking his lowest approval rating in five years, which was 96% just last year, when Toyoda held the roles of president and CEO.
- The reduced approval rating is believed to be due to concerns over governance transparency, especially among some U.S. and European institutional investors, rather than company strategy as some are desiring a greater disclosure of its climate change lobbying activities
- Prior to the shareholder meeting, Toyota announced ambitious plans to introduce new technologies, including solid-state batteries, to enhance future electric vehicles' performance and affordability.
Experian data show that Tesla registrations are booming at a 53% increase from the same period last year.
- From January through April, Tesla's Model Y crossover had a 99 percent increase in new registrations over last year, while the Model 3 sedan grew by 28 percent, Experian said. The Model X crossover's registrations rose 15 percent, while the Model S sedan's fell 67 percent.
- Tesla's U.S. registrations totaled 211,842 through April, accounting for a 60.8% share of the electric vehicle market.
Top US ticket sellers, Ticketmaster and SeatGeek,will adopt 'All In' pricing, displaying ticket costs including fees upfront. This follows a continued campaign from the White House against concealed 'junk fees', aiming to simplify purchases, foster fair competition, and enhance transparency in sectors from entertainment to airlines.
- Live Nation, the world’s largest concert promoter, said it would roll out upfront all-in pricing in September. It plans to roll out a default display showing one clear, total price to fans buying tickets to shows at the more than 200 venues it owns.
- “For far too long, fans have lacked important consumer protections that other industries take for granted,” SeatGeek Chief Executive Jack Groetzinger said. “Fans want to understand the full cost of their purchase, with no deception or surprises along the way.”