Category: Official Press Release

Continental and Osram Sign Joint Venture Contract

Joint venture involving around 1,500 employees scheduled to start in the second half of 2018 once the necessary approvals have been obtained Both partners have a stake of 50 percent Sales target in mid-triple-digit-million-euro range CEO from Osram, CFO from Continental Regensburg, Munich, April 03, 2018. The technology companies Continental and Osram have successfully concluded… Continue reading Continental and Osram Sign Joint Venture Contract

Toyota and Park24 to Sign Agreement on Car Sharing Service Trial in Central Tokyo

Toyota Motor Corporation (Toyota) and Park24 Co., Ltd. (Park24) announce their decision to start a business tie-up for a trial car sharing service in parts of central Tokyo. To achieve a mobility society that enables every individual to experience the freedom and joy of movement, as well as safe and reliable movement, Toyota has signed… Continue reading Toyota and Park24 to Sign Agreement on Car Sharing Service Trial in Central Tokyo

#greenstories – How do we develop the circular economy of the electric vehicle battery? Groupe Renault signs an “innovation deal”

Tuesday 13 March 2018 by Marie CLARET-TOURNIER – CSR Marie CLARET-TOURNIER Share on Twitter Share on Facebook Share on LinkedIn Share on Pinterest Groupe Renault signed the new Innovation Deal launched by the European Commission on March 12, 2018. Its objective? To encourage the large-scale deployment of the electric vehicle via the circular economy of… Continue reading #greenstories – How do we develop the circular economy of the electric vehicle battery? Groupe Renault signs an “innovation deal”

News Release – Magna Forms Joint Venture in China to Support Growing Composite Liftgate Market

Please click HERE for a PDF version of the release. Deal signed with Guangzhou Automobile Group Co., Ltd. (GAC) subsidiary Enables mass production of composite liftgates for fast-growing market Further expands Magna’s China footprint SHANGHAI, China, April 02, 2018 (GLOBE NEWSWIRE) — As the market for crossovers and sport utility vehicles continues to grow in… Continue reading News Release – Magna Forms Joint Venture in China to Support Growing Composite Liftgate Market

Subaru Corporation Announces Management Changes(Effective March 31, 2018 and April 1, 2018)

April 2, 2018 Tokyo, April 2, 2018 – Subaru Corporation announces the following management changes which took effect on March 31, 2018 and April 1, 2018. 1. Change to Areas of Responsibility for Corporate Executive Vice President (Effective April 1, 2018) Name New Former Tetsuo OnukiCorporate ExecutiveVice President -Chief Technology Officer (CTO)-Engineering Management Div.-Engineering Div.… Continue reading Subaru Corporation Announces Management Changes(Effective March 31, 2018 and April 1, 2018)

Toyota to Merge Tokyo Sales Companies to Form New Company in April 2019

Toyota Motor Corporation (Toyota) announces plans to merge its Tokyo sales companies on April 1, 2019.The companies to be merged are TOYOTA Tokyo Sales Holdings Inc. (TSH), a wholly-owned subsidiary of Toyota, and the four TSH subsidiaries, Tokyo Toyota Motor Co., Ltd., Tokyo Toyopet Motor Sales Co., Ltd., Toyota Tokyo Corolla Co., Ltd., and Netz… Continue reading Toyota to Merge Tokyo Sales Companies to Form New Company in April 2019

Subaru Corporation Announces Organizational Changes(Effective April 1, 2018)

Tokyo, April 2, 2018 – Subaru Corporation announces the following organizational changes which took effect on April 1, 2018. [ Corporate Administration Div. ]< Discontinuation of Corporate Administration Div. >The Corporate Administration Div. has been dissolved in order to have a more streamlined structure and enhance the operational efficiency of the back office section.Departments that… Continue reading Subaru Corporation Announces Organizational Changes(Effective April 1, 2018)