Toyota Tsusho Corporation (“Toyota Tsusho”) announces today that it established TOYOTA TSUSHO MANUFACTURING GHANA CO. LIMITED (“TTMG”), a vehicle production company, and acquired a license for a vehicle assembly business, a first for a Japanese company in Ghana. The planned production capacity of the new plant is 1,300 units annually, and the plant is going… Continue reading @Toyota: Toyota Tsusho Acquires License for Vehicle Assembly Business in Ghana- A first SKD for a Japanese company –
Category: OEMs
@Tata: Tata Motors Limited sales in the domestic & international market for October 2020
Share 2 November, 2020 Tata Motors Limited sales in the domestic & international market for October 2020 stood at 52,132 vehicles, compared to 41,354 units during October 2019. Domestic Sales Performance: Category Oct. 2020 Sept. 2020 Oct. 2019 % changeOct’20 vs Sept ’20 % changeOct’20 vs Oct’19 Total Domestic Sales 49,669 44,444 39,152 12% 27%… Continue reading @Tata: Tata Motors Limited sales in the domestic & international market for October 2020
@Ford: Vijay Sankaran, Former TD Ameritrade CIO, Returns to Ford To Drive Innovative Technology, Software for Customers, Company
DEARBORN, Mich., Nov. 2, 2020 – Ford has selected a new senior leader to hasten development and application of technology, software and data, with objectives to modernize the company and provide customers with constantly evolving, world-class services and experiences. Vijay Sankaran, 47, will join the company Nov. 16 as chief software and information officer, reporting… Continue reading @Ford: Vijay Sankaran, Former TD Ameritrade CIO, Returns to Ford To Drive Innovative Technology, Software for Customers, Company
@Geely-Volvo: Volvo Cars invests in designing and developing electric motors in-house
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@Daimler: 02. Nov 2020Volvo Group and Daimler Truck AG sign binding agreement for joint venture for large-scale production of fuel-cells
November 02, 2020 – The Volvo Group and Daimler Truck AG have now a signed binding agreement for a joint venture to develop, produce and commercialize fuel-cell systems for use in heavy-duty trucks as the primary focus, as well as other applications. The ambition of both partners is to make the new company a leading… Continue reading @Daimler: 02. Nov 2020Volvo Group and Daimler Truck AG sign binding agreement for joint venture for large-scale production of fuel-cells
@Hyundai: October 2020 Sales Results
HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Exchange Disclosure Title : October 2020 Sales Results (Tentative) 1. Sales Results: *Monthly sales Category (units) October 2020 September 2020 MoM % Change October 2019 YoY % Change Sales Unit Domestic 65,669 67,080 -2.1 64,912 1.2 Overseas 320,278 294,631 8.7… Continue reading @Hyundai: October 2020 Sales Results
@Toyota: Agreement on New Business and Capital Alliance between Toyota Motor Corp and KDDI
TOKYO, Oct 30, 2020 – (JCN Newswire) – Toyota Motor Corporation and KDDI Corporation have agreed on a new business and capital alliance today with the purpose of further strengthening the relationship between the two companies. Details of the agreement follow. Background Since KDDI’s founding in October 2000 through the merger of Daini Denden Inc.… Continue reading @Toyota: Agreement on New Business and Capital Alliance between Toyota Motor Corp and KDDI
@GM: GM Names Paul Jacobson Executive Vice President and CFO October 30, 2020
Former Delta Air Lines, Inc. CFO will help GM rapidly build scale in vehicle electrification and autonomous technologies DETROIT, Oct. 30, 2020 /PRNewswire/ — General Motors Co. (NYSE: GM) announced today that Paul Jacobson has joined the company as executive vice president and chief financial officer, effective Dec. 1. He will report to GM Chairman and… Continue reading @GM: GM Names Paul Jacobson Executive Vice President and CFO October 30, 2020
@VW Group: Volkswagen brand recovers from Covid-19 slump in third quarter and confirms outlook
After the pandemic-related slump in the first half of the year, business performance at the Volkswagen Passenger Cars brand recovered noticeably in the period from July to September. With 1.5 million vehicles delivered worldwide, the core brand of the Volkswagen Group delivered almost as many vehicles to customers in the third quarter of 2020 as… Continue reading @VW Group: Volkswagen brand recovers from Covid-19 slump in third quarter and confirms outlook
@VW Group: ŠKODA AUTO achieves operating profit of 469 million euros in first three quarters of 2020
ŠKODA AUTO gained considerable momentum in the third quarter following the heavy burden on the company’s deliveries and financial figures in the first half of the year due to the extensive restrictions imposed worldwide to contain the first wave of the COVID-19 pandemic. ŠKODA AUTO was able to deliver 295,200 vehicles to customers thanks to… Continue reading @VW Group: ŠKODA AUTO achieves operating profit of 469 million euros in first three quarters of 2020