July 22, 2026 | Toyota stays the course with EVs and hybrids; Penske Automotive Group may go private

Toyota doubles down on its multipath electrification strategy (https://www.autonews.com/car-concepts...) with new electric vehicles and next-generation hybrids. Penske Corp. and Mitsui make a $3.8 billion bid to take Penske Automotive Group private (https://www.autonews.com/retail/an-pe...) . And American Honda reshuffles its top sales leadership (https://www.autonews.com/honda/an-ame...) . Plus, an automotive mentor who’s using the power of social media to help dealerships sell more vehicles and connect with today’s car buyers.