@Toyota: [Correction] Adjustments to Domestic Production in August and September

Adjustments will be made to production operations of plants for completed vehicles in Japan as follows, such as parts shortage resulting from the spread of COVID-19 in Southeast Asia. This is in addition to the adjustment of domestic production operations in August 2021 announced on July 22 and July 27. Go to Source

Toyota to cut global output 40% in September on ASEAN outbreaks

NAGOYA, Japan — Toyota Motor said Thursday it will reduce global production for September by 40% from its previous plan, as the spread of the coronavirus in Southeast Asia adds to supply troubles for Japan’s top automaker. The maker of the Prius hybrid and the RAV4 SUV planned to build nearly 900,000 automobiles for the… Continue reading Toyota to cut global output 40% in September on ASEAN outbreaks

AI-packed ‘robocar’ puts Baidu in the self-driving fast lane

BEIJING — The vehicle has no steering wheel nor a gas or brake pedal, but the AI-loaded concept dubbed “robocar” unveiled Wednesday by Baidu, the Chinese company best known for its search engine, showcases its advances in an eight-year effort to develop autonomous-driving technology. The debut of the futuristic car coincides with Baidu’s renewed push to produce electric vehicles through… Continue reading AI-packed ‘robocar’ puts Baidu in the self-driving fast lane

Volkswagen and Toyota face production cuts due to chip shortage

Automotive industry Volkswagen and Toyota face production cuts due to chip shortage World’s largest carmaker will slash output by 40% in September as Covid-19 outbreaks hit semiconductor supplies Volkswagen said it cannot rule out further changes to its production line, such as this one in Dresden for the electric ID.3. Photograph: Matthias Rietschel/Reuters Volkswagen said… Continue reading Volkswagen and Toyota face production cuts due to chip shortage

Autos & Transportation · 4:05 PM UTCCOVID-fuelled semiconductor crunch chips away at carmakersIn grim warnings this week, major carmakers including To…

A car is pictured at the Toyota assembly plant in Zarate, on the outskirts of Buenos Aires, Argentina March 15, 2021. REUTERS/Agustin Marcarian LONDON, Aug 19 (Reuters) – In grim warnings this week, major carmakers including Toyota (7203.T) and Volkswagen (VOWG_p.DE) offered fresh evidence that the auto industry remains firmly in the grip of an… Continue reading Autos & Transportation · 4:05 PM UTCCOVID-fuelled semiconductor crunch chips away at carmakersIn grim warnings this week, major carmakers including To…

Toyota to reduce production in Japan and North America due to chip shortage

Toyota said Thursday that it would reduce production in Japan and North America due to a shortage of semiconductor chips, a sign that even the best-run supply chains are being affected by the shortage. In Japan, the automaker will reduce production by 40 percent later this month and into September, which will affect most of… Continue reading Toyota to reduce production in Japan and North America due to chip shortage

Toyota Plunges as Chip Shortage Forces September Output Cut

(Bloomberg) — Toyota Motor Corp. slumped as much as 4.7% as the worsening chip shortage saw the world’s No. 1 automaker suspend output for several days at almost all its plants in Japan next month, forcing a 40% cut in production plans. Adjustments will be made to the production operations of plants for completed vehicles… Continue reading Toyota Plunges as Chip Shortage Forces September Output Cut

Autos & Transportation · 1:52 PM UTCToyota North America will sharply cut production in AugustToyota Motor Corp (7203.T) said Thursday it expects to s…

The Toyota logo is seen on a Corolla model at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse WASHINGTON, Aug 19 (Reuters) – Toyota Motor Corp (7203.T) said Thursday it expects to see a drop in production of 60,000 to 90,000 vehicles in North America in August, citing COVID-19,… Continue reading Autos & Transportation · 1:52 PM UTCToyota North America will sharply cut production in AugustToyota Motor Corp (7203.T) said Thursday it expects to s…

Superior Interior Trim Enhancement in Automotive Aesthetic Influencing Consumer Spending on Passenger Vehicle upgrades

NEW YORK, Aug. 19, 2021 /PRNewswire/ — Global automotive trim part sales are set to be valued to around US$ 58 Bn in 2031, according to latest research by Persistence Market Research, a research and consulting firm. The report estimates the market to expand at a steady CAGR of 4% through the course of 2021-2031.… Continue reading Superior Interior Trim Enhancement in Automotive Aesthetic Influencing Consumer Spending on Passenger Vehicle upgrades