@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

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: 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

@Toyota: Accelerating Bus Electrification Toward Achieving Carbon Neutrality

Isuzu Motors Limited (Isuzu), Hino Motors, Ltd. (Hino), and Toyota Motor Corporation (Toyota) announced today that they plan to strengthen their efforts to electrify buses toward the achievement of carbon neutrality by 2050. In collaboration with Commercial Japan Partnership Technologies Co., Ltd. (Headquarters: Bunkyo, Tokyo; President: Hiroki Nakajima), which works to solve social issues through… Continue reading @Toyota: Accelerating Bus Electrification Toward Achieving Carbon Neutrality

Exclusive-Tesla plans new Shanghai plant to more than double China capacity – sources

SHANGHAI, Feb 24 (Reuters) – Tesla Inc (TSLA.O) plans to start work on a new plant in Shanghai as soon as next month as part of a plan to more than double production capacity in China to meet growing demand for its cars in the country and export markets, two people familiar with the matter… Continue reading Exclusive-Tesla plans new Shanghai plant to more than double China capacity – sources

Automotive: how the crisis has shaken up the ranking of manufacturers

Posted Feb 28 2022 at 6:58 amUpdated 28 Feb. 2022 at 7:04 Stellantis remained in sixth place in the Top 10 manufacturers worldwide, like last year. The group born of the merger between PSA and Fiat Chrysler, which has just published its volumes for 2021, announced consolidated sales of 5.9 million vehicles last year: a… Continue reading Automotive: how the crisis has shaken up the ranking of manufacturers