Image for representational purpose only. The ongoing conflict between Russia and Ukraine, has impacted manufacturing operations for almost every organisation and sector having exposure to either or both of these countries. In fact, with several automotive companies already announcing their plans to stop business activities in Russia, Japanese carmaker Toyota too has shared an update.… Continue reading Toyota halts all operations in Ukraine, manufacturing and import stopped in Russia too
Tag: Toyota
Polestar’s second concept car is a convertible with an integrated drone
With the Polestar 2 already in production, Polestars 3 and 4 on the horizon and the Precept concept slated to become the Polestar 5 in 2024, Polestar the company has just unveiled its latest electrified vehicle idea: the Polestar O2 convertible concept. Polestar “Polestar O2 is our vision of a new era for sports cars,”… Continue reading Polestar’s second concept car is a convertible with an integrated drone
@Toyota: Toyota statement on Russian local manufacturing and vehicle imports
Like everyone around the world, Toyota is watching the ongoing developments in Ukraine with great concern for the safety of people of Ukraine and hopes for a safe return to peace as soon as possible. Go to Source
S Korea’s Hyundai Motor plans to invest $16b in EV push
South Korea’s Hyundai Motor Co said on Wednesday it planned to invest about 95.5 trillion won ($79.21 billion) through 2030, including about 19.4 trillion won ($16.10 billion) towards electric vehicle (EV) related businesses. Hyundai Motor, which together with affiliate Kia Corp 000270.KS is among the world’s top 10 biggest automakers by sales, targets to achieve a 7% market share in… Continue reading S Korea’s Hyundai Motor plans to invest $16b in EV push
@Toyota: TMC Announces Changes to Executive Structure and Senior Professional/Senior Management Employees
Toyota Motor Corporation (TMC) announced today that it intends to implement changes to its executive structure and senior professional/senior management employees effective April 1, 2022, and changes to its Board of Directors and Audit and Advisory Board effective the date of its 118th Ordinary General Shareholders’ Meeting as described below. Go to Source
@Toyota: Resumption of Operations at Domestic Plants from March 2 (Wed.)
Due to a system failure at a domestic supplier (KOJIMA INDUSTRIES CORPORATION), we suspended our operations on all 28 lines at 14 domestic plants in Japan today, Tuesday, March 1. However, we have decided to resume all operations from the first shift tomorrow, Wednesday, March 2. Go to Source
Toyota: cyber attack lames lean manufacturing exemplar
Carmaker’s just-in-time system highlights Japanese businesses’ vulnerability to growing threat Go to Source
Lucid Motors says it expects to make fewer EVs in 2022 than it originally planned
Luxury electric vehicle maker Lucid Motors is slashing its production forecast for 2022, citing supply chain constraints. The Newark, California-based company announced it was revising down its production expectations to 12,000 to 14,000 vehicles from the original prediction of 20,000 vehicles. “This reflects the extraordinary supply chain and logistics challenges we’ve encountered and our unrelenting… Continue reading Lucid Motors says it expects to make fewer EVs in 2022 than it originally planned
Toyota to close Japanese plants after cyber-attack
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@Toyota: March Production Plan (as of February 28)
Due to a system failure at a domestic supplier (KOJIMA INDUSTRIES CORPORATION), we have decided to suspend the operation of 28 lines at 14 plants in Japan on Tuesday, March 1st (both 1st and 2nd shifts). We apologize to our relevant suppliers and customers for any inconvenience this may cause. Go to Source