DENSO to Issue Sustainability Bonds for the First Time

KARIYA, Japan, Sept. 17, 2021 /PRNewswire/ — DENSO Corporation announces that it has issued DENSO Group’s first sustainability bonds denominated in USD to further promote sustainability management. Sustainability bonds are bonds issued to finance activities that contribute to both environmental and social sustainability. Since its founding, DENSO has practiced sustainability management, which aims to pursue… Continue reading DENSO to Issue Sustainability Bonds for the First Time

@Toyota: Toyota’s Largest Plant in the World Finds a Home in Kentucky

Home to many firsts, Toyota Motor Manufacturing Kentucky (TMMK) was the inaugural wholly-owned plant in the U.S., the first to assemble the Toyota Camry, and will soon become the first to assemble hydrogen fuel cell modules for use in heavy duty commercial trucks. Since starting production 35 years ago, TMMK has built more than 13… Continue reading @Toyota: Toyota’s Largest Plant in the World Finds a Home in Kentucky

U.S. chipmaker GlobalFoundries to double auto chip output for 2021

TAIPEI — Top U.S. contract chipmaker GlobalFoundries said it is on track to at least double its automotive chip output this year in response to an unprecedented global supply crunch and will spend a further $6 billion to expand overall production capacity. The company warned, however, that its expansion plans will only start to bear… Continue reading U.S. chipmaker GlobalFoundries to double auto chip output for 2021

Autos & Transportation · 8:54 AM UTCVW’s Skoda to stop production at Czech plants for a week due to chip shortageCzech car maker Skoda Auto, part of t…

A logo is seen on a wheel of a Skoda Octavia car after a presentation of the company’s annual results in Mlada Boleslav March 20, 2013. REUTERS/David W Cerny/File Photo PRAGUE, Sept 16 (Reuters) – Czech car maker Skoda Auto, part of the Volkswagen (VOWG_p.DE) group, will halt production at its domestic plants for a… Continue reading Autos & Transportation · 8:54 AM UTCVW’s Skoda to stop production at Czech plants for a week due to chip shortageCzech car maker Skoda Auto, part of t…

@Toyota: The Heartbeat of Toyota Lies in Alabama

Engine producer, Toyota Motor Manufacturing, Alabama (TMMAL), employs more than 1,500 team members and builds more than 3,000 engines each day. Producing one-third of Toyota’s engines in the U.S. at its 1.2 million-square-foot facility, TMMAL is the only plant to build four-cylinder, V-6, and V-8 engines under one roof. TMMAL powers popular Toyota vehicles like… Continue reading @Toyota: The Heartbeat of Toyota Lies in Alabama

Advance Auto Parts (AAP), Bridgestone Team Up for DieHard Batteries

Advance Auto Parts AAP recently announced a multi-year agreement with Bridgestone Retail Operations, per which the latter will stock Advance’s DieHard batteries in its more than 2,200 tire and vehicle service centers across the United States. Headquartered in Nashville, TN, Bridgestone Retail Operations is a subsidiary of Bridgestone Americas, Inc, and operates more than 2,200… Continue reading Advance Auto Parts (AAP), Bridgestone Team Up for DieHard Batteries

Foxconn and Thailand’s PTT aim to rule EV market in Southeast Asia

BANGKOK — Thai oil and gas group PTT signed a joint venture deal with leading contract electronics producer Foxconn on Tuesday to make electric vehicles, propelling Bangkok’s strategy to turn Southeast Asia’s second-largest economy into the region’s top manufacturer and exporter of EVs. The state-owned PTT and the Taiwanese manufacturer look to produce EVs and… Continue reading Foxconn and Thailand’s PTT aim to rule EV market in Southeast Asia

Tesla, Toyota spar with Ford, UAW over EV tax bill

WASHINGTON, Sept 13 (Reuters) – Toyota Motor Corp and Tesla clashed with Ford Motor Co (F.N) and the United Auto Workers (UAW) union over a proposal by Democrats in the U.S. House to give union-made, U.S.-built electric vehicles an additional $4,500 tax incentive. In a letter to Congress, Toyota (7203.T) said the plan discriminates against… Continue reading Tesla, Toyota spar with Ford, UAW over EV tax bill

Autos & Transportation · 12:01 AM UTCTesla, Toyota spar with Ford, UAW over EV tax billToyota Motor Corp and Tesla clashed with Ford Motor Co and the …

WASHINGTON, Sept 13 (Reuters) – Toyota Motor Corp and Tesla clashed with Ford Motor Co (F.N) and the United Auto Workers (UAW) union over a proposal by Democrats in the U.S. House to give union-made, U.S.-built electric vehicles an additional $4,500 tax incentive. In a letter to Congress, Toyota (7203.T) said the plan discriminates against… Continue reading Autos & Transportation · 12:01 AM UTCTesla, Toyota spar with Ford, UAW over EV tax billToyota Motor Corp and Tesla clashed with Ford Motor Co and the …