Tag: Toyota

Auto parts maker Magna sees initial hit from Canadian bridge blockade

By Shivansh Tiwary (Reuters) – Auto parts maker Magna International Inc said on Friday disruptions at the Ambassador bridge caused by Canadian trucker protests against coronavirus mandates have started to have some initial impact on its operations. The protesters, who have caused a gridlock in the Canadian capital since late January, have since Monday used… Continue reading Auto parts maker Magna sees initial hit from Canadian bridge blockade

Toyota Commits Multimillion-Dollar Investment to Further Expand Production of Electrified Vehicles

Toyota West Virginia (TMMWV) – $73 million This investment comes on the heels of the $240 million investment announced in November and will increase hybrid transaxle production capacity to 600,000 units per year. With this funding, TMMWV will also begin assembling an estimated 120,000 rear motor stators per year, a key component in electric motors.… Continue reading Toyota Commits Multimillion-Dollar Investment to Further Expand Production of Electrified Vehicles

Zoox robotaxis are already mingling with the public on semi-private test courses

Zoox has built dozens of custom-built electric robotaxis and is testing them in one or more “semi-private courses” in California, according to the company’s co-founder and CTO Jesse Levinson. “We have dozens of them — not hundreds yet, but it’s very far into the double digits, said Levinson, referring to the total number of robotaxis… Continue reading Zoox robotaxis are already mingling with the public on semi-private test courses

Toyota, Ford halt output as Canada, U.S. warn on trucker protests

WINDSOR/OTTAWA/WASHINGTON (Reuters) — Ford and Toyota on Wednesday both said they were halting some production as anti-coronavirus mandate protesters blocked U.S-Canada border crossings that have prompted warnings from Washington and Ottawa of economic damage. Many pandemic-weary Western countries will soon mark two years of restrictions as copycat protests spread to Australia, New Zealand and France… Continue reading Toyota, Ford halt output as Canada, U.S. warn on trucker protests

Scuderia Cameron Glickenhaus SCG 007 in detail – Professional Motorsport World

The idea that a rookie team could arrive at the Le Mans 24 Hours with an entirely new car and end up in contention for a place on the podium may seem fanciful. However, that is exactly what Scuderia Cameron Glickenhaus (SCG) did with its SCG 007 Hypercar. The eponymously named outfit is the brainchild… Continue reading Scuderia Cameron Glickenhaus SCG 007 in detail – Professional Motorsport World

@Toyota: TMC Announces Financial Results For the Third Quarter Ended December 31, 2021

All consolidated financial information has been prepared in accordance with International Financial Reporting Standards (IFRS) TOYOTA CITY, Japan (Feb. 9, 2022)—Toyota Motor Corporation (TMC) today announced its financial results for the third quarter which ended December 31, 2021. Consolidated vehicle sales totaled approximately 6,096,000 units, an increase of approximately 658,000 units compared to the same… Continue reading @Toyota: TMC Announces Financial Results For the Third Quarter Ended December 31, 2021

Shared mobility company GoTo Global is going public through a shell company merger

GoTo Global, an Israeli mobility company that offers shared micromobility and car-sharing services in Spain, Israel, Malta and Germany, is going public on the Tel Aviv Stock Exchange (TASE) through a merger with shell company Nera Tech Media. The merger is expected to close in early April, which will initially give GoTo access to the… Continue reading Shared mobility company GoTo Global is going public through a shell company merger

Subaru opens up reservations for its first EV, the Solterra

Forget the electric pickup truck wars, which has Ford, GM and Rivian duking it out for market share. The electric wagon-meets-crossover battle is heating up with Toyota, Subaru, Hyundai and Kia all introducing new EVs this year. The latest is Subaru, which opened up reservations Tuesday for its upcoming 2023 Solterra EV. The Solterra, the… Continue reading Subaru opens up reservations for its first EV, the Solterra