NEW YORK (Kyodo)– Nissan Motor said Thursday it will invest $500 million to transform its assembly plant in Mississippi into a key production base for electric vehicles in the United States, with the aim of manufacturing two new all-electric models including in the luxury Infiniti brand beginning in 2025. Go to Source
Author: Nikki News Feed
Shin-Etsu to invest $694m to boost silicone output for EVs
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Marelli seeks help from Nissan, Mizuho amid cash crunch
TOKYO — Auto parts supplier Marelli Holdings, owned by U.S. private equity giant KKR, has called on Nissan Motors for help in inventory purchases and requested Mizuho Bank and others to lengthen the grace period for its debt payments, Nikkei has learned. Go to Source
Apple assembler Luxshare to build EVs as Foxconn-style contractor
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Toyota’s Ontario plants remain closed after trucker protests
WASHINGTON (Reuters) — Toyota Motor Corp. said Monday it has not yet resumed production at its three manufacturing lines in Ontario even after a key U.S.-Canadian bridge reopened. The Japanese automaker’s plants in Ontario, where it builds its best-selling RAV4 sport utility vehicle, have halted production since Thursday because of parts shortages stemming from the… Continue reading Toyota’s Ontario plants remain closed after trucker protests
Tata Sons sticks with Chandrasekaran as chief
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Huawei’s ‘will they or won’t they’ relationship with automaking
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Toyota, GM, Ford cut production due to Canada truck protests
WASHINGTON (Reuters) — Toyota Motor, General Motors, Ford Motor and Chrysler-parent Stellantis said Thursday they had been forced to cancel or scale back some production because of parts shortages stemming from Canadian trucker protests against pandemic mandates. The truckers, who oppose a vaccinate-or-quarantine requirement for cross-border drivers, have used their big rigs to snarl traffic at… Continue reading Toyota, GM, Ford cut production due to Canada truck protests
Great Wall aims to increase sales in Thailand with low-priced EVs
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Toyota, Ford halt output as Canada, U.S. warn on trucker protests
WINDSOR/OTTAWA/WASHINGTON (Reuters) — Ford and Toyota on Wednesday both said they were halting some production as anti-coronavirus mandate protesters blocked U.S-Canada border crossings that have prompted warnings from Washington and Ottawa of economic damage. Many pandemic-weary Western countries will soon mark two years of restrictions as copycat protests spread to Australia, New Zealand and France… Continue reading Toyota, Ford halt output as Canada, U.S. warn on trucker protests