Toyota – Page 1181 – I wish I had more to offer

Asian automaker shares hit as Trump threatens Mexico with tariffs

General Motors Co is the biggest car producer and exporter in Mexico, and its global peers Ford Motor Co, Volkswagen AG and Fiat Chrysler Automobiles NV also have manufacturing presence there. TOKYO: Shares in Asia’s major automakers and their suppliers sank on Friday after U.S. President Donald Trump threatened to slap tariffs on Mexican imports… Continue reading Asian automaker shares hit as Trump threatens Mexico with tariffs

Auto supplier Cooper-Standard not interested in bidding for Turkey’s Teklas-CEO

DETROIT (Reuters) – U.S. auto parts supplier Cooper-Standard Holdings Inc is not interested in buying Turkey’s Teklas Kaucuk, which supplies such carmakers as General Motors and BMW, Cooper-Standard’s top executive said on Wednesday. Cooper-Standard, based outside Detroit, is not interested in expanding in Europe given that region’s uncertainties at the moment, Chairman and Chief executive… Continue reading Auto supplier Cooper-Standard not interested in bidding for Turkey’s Teklas-CEO

In brief: Toyota mulls $550m investment in China’s Didi

The report added that Toyota was also looking to launch a new mobility services company in China. Go to Source

Toyota may invest about $550m in Chinese ride-hailing firm Didi

A Toyota Motor Corp. badge is displayed on the wheel hub of a vehicle inside the Toyota City Showcase exhibit at the company’s Mega Web car theme park in Tokyo, Japan, on Friday, Feb. 3, 2017. Photographer: Kiyoshi Ota/Bloomberg Toyota Motor Corp is considering investing about 60 billion yen ($550 million) in Chinese ride-hailing giant… Continue reading Toyota may invest about $550m in Chinese ride-hailing firm Didi

Notice of personnel change

2019-05-27 Toyota Tsusho Corporation (head office: Nagoya City; President & CEO: Ichiro　Kashitani) announces the following personnel change. Effective June 1, 2019 Effective June 1, 2019 New Organization New Position Name Current Organization Current Title Power Project Development Department General Manager Sanjay K. Gandhi Power Project Development Department – Back Go to Source

Toyota may invest about $550 mln in China ride-hailing firm Didi – Nikkei

TOKYO, May 29 (Reuters) – Toyota Motor Corp is considering investing about 60 billion yen ($550 million) in Chinese ride-hailing giant Didi Chuxing, the Nikkei business daily reported on Wednesday. Japan’s top automaker was also looking to set up a new mobility-services company in China, the Nikkei said. Toyota has made large investments in other… Continue reading Toyota may invest about $550 mln in China ride-hailing firm Didi – Nikkei

52% Of Consumers Likely To Buy An Electrified Vehicle In Canada Within 5 Years

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Published on May 27th, 2019 |

by Paul Fosse

52% Of Consumers Likely To Buy An Electrified Vehicle In Canada Within 5 Years

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May 27th, 2019 by Paul Fosse

Although we reported less than 3 months ago that more education is needed to accelerate EV adoption, a recent survey provides some encouraging news. In a survey commissioned by Toyota Canada this month, 36% said they had “seriously considered buying a more fuel efficient vehicle, such as a hybrid electric, plug-in hybrid electric, or fuel cell vehicle.”

Looking into the future, slightly over half (52%) “say they are likely to buy a more fuel-efficient vehicle in the next 5 years.”

Not surprisingly, those in the rural provinces are the least likely, while the more urban provinces are more likely. More interestingly, the study shows it is rising gas prices that is both prompting a change in summer travel plans and encouraging consumers to reconsider their choice of vehicle.

Although this research shows that older drivers are the least interested in electric vehicles and tend to view the technology as unproven, they are also the demographic most concerned about rising fuel costs. Younger drivers show an increased interest in performance. That suggests EV education targeted toward an older audience should focus on the practical aspects of the EV (low fuel and maintenance costs), while advertising targeted to the younger demographic should lead with the driving experience and improved performance.

It’s hard to say if Canada’s recently added EV incentives, described here, or the regional incentives described in this article have moved public opinion. It could simply be the result of the increased fuel prices. We continue to think the biggest influence on people’s behavior is awareness of both the existence of modern EVs and their advantages — by either advertising, a family member, or a close friend buying one and sharing their experience — but the role of fuel prices is one that should not be forgotten.

Photo of Vancouver downtown by Zach Shahan, CleanTechnica. Photo of Tesla Shuttle Indie Ryan R. Mitchell and his son by Sarah Mitchell.

About the Author

Paul Fosse A Software engineer for over 30 years, first developing EDI software, then developing data warehouse systems. Along the way, I've also had the chance to help start a software consulting firm and do portfolio management. In 2010, I took an interest in electric cars because gas was getting expensive. In 2015, I started reading CleanTechnica and took an interest in solar, mainly because it was a threat to my oil and gas investments. Follow me on Twitter @atj721 Tesla investor. Tesla referral code: https://ts.la/paul92237

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FCA Group proposes €32.6bn merger with Renault

Fiat Chrysler Automobiles has proposed a €32.6 billion (£28.3bn) all-share merger with Renault to forge a new alliance that could save the Italian carmaker “in excess of €5 billion”. Following the announcement of the proposal yesterday (May 27), shares in Renault, which began Monday with a market value of almost €15 billion, surged 13.8% in early… Continue reading FCA Group proposes €32.6bn merger with Renault

Fiat Chrysler and Renault pursue $35 billion merger to combat car industry upheaval

MILAN/PARIS (Reuters) – Fiat Chrysler pitched a finely balanced merger of equals to Renault on Monday to tackle the costs of far-reaching technological and regulatory changes by creating the world’s third-biggest automaker. If it goes ahead, the $35 billion-plus tie-up would alter the landscape for rivals including General Motors and Peugeot maker PSA Group, which… Continue reading Fiat Chrysler and Renault pursue $35 billion merger to combat car industry upheaval

Factbox: Auto industry consolidation – mega-mergers and alliances

FRANKFURT (Reuters) – Italian-American carmaker Fiat Chrysler on Monday proposed a merger of equals with France’s Renault in a deal that could create the world’s third-biggest carmaker and trigger a fresh round of industry consolidation. FILE PHOTO: The logo of French car manufacturer Renault is seen at a dealership of the company in Illkirch-Graffenstaden near… Continue reading Factbox: Auto industry consolidation – mega-mergers and alliances