Toyota Tsusho Corporation (“Toyota Tsusho”) announced today that it has executed an investment in Series C Funding Round of May Mobility, Inc. (“May Mobility”), an Ann Arbor, Michigan-based startup that is developing autonomous vehicle technology and operating autonomous shuttle services*1 in North America and Japan. This funding round was led by Mirai Creation Fund II… Continue reading @Toyota: Toyota Tsusho Invests in May Mobility, a leader in autonomous vehicle technology and shuttle operations- Contributing to the Creation of a Safe and Comfortable Mobility Society through Autonomous Vehicle Technology –
Category: Official Press Release
@Toyota: Toyota is Conducting a Noncompliance Recall Involving Certain 2021 Toyota Venza Hybrid Vehicles
PLANO, Texas (Jan. 26, 2022) – Toyota is conducting a noncompliance recall involving certain model year 2021 Venza hybrid vehicles in the U.S. Approximately 42,000 vehicles are involved in this recall. The rear turn signal lamp bulbs in the involved vehicles can temporarily become dim or deactivate after exposure to conditions such as heavy rain or… Continue reading @Toyota: Toyota is Conducting a Noncompliance Recall Involving Certain 2021 Toyota Venza Hybrid Vehicles
@Toyota: Adjustments to Domestic Production in January and in February (as of January 26)
Due to the shortage of parts supply caused by the spread of COVID-19 at our supplier in Japan, on January 21 we announced additional suspensions of domestic plant production for completed vehicles and also our revised production plan for February due to the shortage of semiconductor-related parts. Today, Toyota announces additional suspensions of domestic plant… Continue reading @Toyota: Adjustments to Domestic Production in January and in February (as of January 26)
Governance evolution – appointment of Christophe Périllat as Valeo Chief Executive Officer
Valeo Group | 26 Jan, 2022 | 5 min Christophe Périllat has been appointed Chief Executive Officer of Valeo. Jacques Aschenbroich continues to act as Chairman of the Board of Directors. At its meeting held today, the Board of Directors of Valeo decided to appoint Christophe Périllat as Chief Executive Officer of Valeo, in accordance… Continue reading Governance evolution – appointment of Christophe Périllat as Valeo Chief Executive Officer
Publication of 2021 annual results and presentation of the strategic and financial outlook 2022-2025
When you visit any website, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it… Continue reading Publication of 2021 annual results and presentation of the strategic and financial outlook 2022-2025
2021 preliminary financial information
Valeo Group | 26 Jan, 2022 | 5 min Sales of 17.3 billion euros EBITDA margin at 13.4% of sales Free cash flow of 290 million euros Valeo Siemens negative contribution to “share in net earnings of equity-accounted companies” of 255 million euros Go to Source
Kia America anuncia los precios del EV6 2022
IRVINE, California, 26 de enero de 2022 /PRNewswire-HISPANIC PR WIRE/ — Kia America anunció hoy los precios del EV6 2022, el primer modelo totalmente eléctrico de la marca, cuyo precio comienza en tan solo $33,400 después del crédito fiscal federal para vehículos de $7,500. — Disponible en configuraciones de versión Light, Wind y el deportivo GT-Line —… Continue reading Kia America anuncia los precios del EV6 2022
World NM: Hyundai Achieves Record Earnings on SUV Boom001716
Automaker Hyundai achieved record-high earnings last year with operating profit surging a whopping 179 percent. The stellar performance stemmed from increased sales of SUVs and premium sedans overseas despite a shortage of automotive semiconductors. Sales increased in all major markets overseas except China, surging 26 percent in Europe to 590,000 cars and 22 percent in… Continue reading World NM: Hyundai Achieves Record Earnings on SUV Boom001716
Luxury car dealers are seeing a rise in purchases using crypto currency
NEWPORT BEACH, Calif., Jan. 26, 2022 /PRNewswire/ — While Bitcoin may not yet be accepted as a medium of exchange for everyday items, luxury car dealers have seen a notable increase in customers wanting to transact in Digital Assets primarily Bitcoin and Ethereum. Two companies at the forefront of these deals are Marino Performance Motors… Continue reading Luxury car dealers are seeing a rise in purchases using crypto currency
Why the transportation industry should look forward to “TaaS disruption”
Thinktank and research group RethinkX predict less expensive energy and food production thanks to “Transportation-as-a-Service”. “It’s really electrification that’s causing the revolution in urban transport,” Dr. Bradd Libby, RethinkX Research Fellow, told HERE360. “If people are using electric vehicles and using clean sources of energy, then you’re not generating pollution in urban areas… electrification is… Continue reading Why the transportation industry should look forward to “TaaS disruption”