Reuters Toyota, Subaru shares drop on “embarrassing” recalls of first EVs Toyota Motor shares slipped after it recalled some of its first mass-made all-electric cars, launched two months ago, because of a risk of wheels coming loose, a setback to its ambitions to electrify its model range. Toyota, the world’s largest automaker by sales, said… Continue reading Next Big Issue for Software Stocks Will Be Sharp Cuts in Earnings Estimates
Tag: Toyota
@Toyota: Toyota is conducting a safety recall involving certain 2022 model year Tundra vehicles
PLANO, Texas (June 24, 2022) – Toyota is conducting a safety recall involving certain 2022 model year Tundra (including HEV) vehicles in the U. S. Approximately 46,000 vehicles are involved in this recall. Vehicles in this recall have certain nuts on the rear axle assembly that can loosen over time, and, in some cases, fall off,… Continue reading @Toyota: Toyota is conducting a safety recall involving certain 2022 model year Tundra vehicles
@Toyota: Toyota and Suzuki to Deepen Collaboration in the Fields of Development and Production in India
Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) signed a memorandum of understanding for a business alliance in 2017. Since then, the two companies have been bringing together Toyota’s strength in electrification technologies and Suzuki’s strength in technologies for compact vehicles for joint collaboration in production and in the widespread popularization of electrified vehicles.… Continue reading @Toyota: Toyota and Suzuki to Deepen Collaboration in the Fields of Development and Production in India
Toyota pushes some parts suppliers to lower prices
NAGOYA — Toyota Motor is asking certain parts companies to cut prices for the July-September quarter, returning to its customary requests now that it expects output to recover soon. The Japanese automaker works with suppliers to curb costs and asks them to share a portion of the resulting savings in the form of price cuts… Continue reading Toyota pushes some parts suppliers to lower prices
Toyota recalls its first electric cars amid fears the wheels could fall off
Toyota recalls its first electric cars amid fears the wheels could fall off Global recall of 2,700 bZ4X SUVs a major blow to world’s largest carmaker’s first attempts at battery-only vehicle Problems with the bZ4X’s wheel connector bolts have prompted a global recall. It is Toyota’s first attempt at an all-electric vehicle. Photograph: AP Problems… Continue reading Toyota recalls its first electric cars amid fears the wheels could fall off
Toyota BZ4X and Subaru Solterra recalled for loose wheels
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@Toyota: Toyota is conducting a safety recall involving 2023 model year bZ4X vehicles
PLANO, Texas (June 23, 2022) – Toyota is conducting a safety recall involving 2023 model year bZ4X vehicles in the U.S. Approximately 260 vehicles are involved in this recall. After low-mileage use, all of the hub bolts on the wheel can loosen to the point where the wheel can detach from the vehicle. If a… Continue reading @Toyota: Toyota is conducting a safety recall involving 2023 model year bZ4X vehicles
Toyota recalls first mass-produced EVs just 2 months after launch
TOKYO (Reuters) — Toyota Motor said on Thursday it would recall 2,700 of its first mass-produced electric vehicles for the global market because of a risk the wheels could come loose. The world’s largest automaker by sales submitted the recall of the bZ4X sport utility vehicle to Japan’s transportation ministry. Of the 2,700 vehicles, 2,200 were earmarked for Europe, 260 for… Continue reading Toyota recalls first mass-produced EVs just 2 months after launch
BMW counters Tesla offensive in China with new EV plant
SHENYANG, China — Gray walls stretch into the distance about an hour’s drive from the center of Shenyang in northeast China. Behind the barriers is Plant Lydia, a 15 billion yuan ($2.24 billion) factory built by BMW Brilliance, a joint venture between BMW and Brilliance China Automotive Holdings. The massive structure represents an accelerated push into electric vehicles by… Continue reading BMW counters Tesla offensive in China with new EV plant
Toyota reinstates former executive Julie Hamp as media adviser
TOKYO — Toyota Motor on Thursday said it reinstated Julie Hamp, as a senior media adviser, seven years after she resigned from the company following her arrest by Tokyo police for carrying drugs. In her role, Hamp will be responsible for supporting Toyota North America’s public relations operations. Hamp joined Toyota’s U.S. subsidiary in 2012 after working… Continue reading Toyota reinstates former executive Julie Hamp as media adviser