German Manager Magazin: Norway: Electric cars ahead of combustion engines for the first time in new car statistics, Audi E-Tron ahead of Tesla Model 3000463

InNorwayare more for the first time last year Electric cars sold as vehicles with other drives. In 2020, electric vehicles made up 54.3 percent of all new cars sold in the country – a world record, as the Norwegian Road Transport Association announced on Tuesday. In the previous year, the E share in new registrations… Continue reading German Manager Magazin: Norway: Electric cars ahead of combustion engines for the first time in new car statistics, Audi E-Tron ahead of Tesla Model 3000463

Chip shortage forces Ford, Toyota, Nissan, FCA to cut vehicle production

By Reuters Staff 4 Min Read TOKYO/DETROIT (Reuters) – Ford Motor Co, Toyota Motor Corp 7203.T, Fiat Chrysler Automobiles and Nissan Motor Co Ltd said on Friday they would cut vehicle production this month due to a shortage of semiconductors, becoming the latest automakers hit by a chip crunch as demand rebounds from the coronavirus… Continue reading Chip shortage forces Ford, Toyota, Nissan, FCA to cut vehicle production

@Toyota: Toyota Tsusho Makes Equity Investment into Vietnam Ngoi Phat Hydropower Plant- First overseas hydropower generation business for the company –

Toyota Tsusho Corporation (“Toyota Tsusho”) announced today that it has acquired 35% of the issued shares for the Northern Electricity Development & Investment Joint Stock Company No. 2 (“NEDI2”), a company that operates the Ngoi Phat Hydropower Plant (installed capacity: 84 MW), from Vietnam Construction and Import-Export Joint Stock Corporation (“VINACONEX”), a major construction and… Continue reading @Toyota: Toyota Tsusho Makes Equity Investment into Vietnam Ngoi Phat Hydropower Plant- First overseas hydropower generation business for the company –

Carmakers Put Their Biggest Faces Forward

Every generation of automotive design has its Mona Lisa — and its Dogs Playing Poker. We’ve had tail fins (time for a comeback?) and the mock-convertible tops of landau vinyl roofs (I cruelly — but rightfully — judge my parents on that tacky 1980s decision). Remember the sharply angled rears of the “bustleback” Cadillac Seville,… Continue reading Carmakers Put Their Biggest Faces Forward

@Toyota: Toyota Quarterly Supplement for Takata Recall Remedy Fourth Quarter 2020

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Italy’s CNH Industrial revives talks to sell truckmaker Iveco to China’s FAW

CNH Industrial is in talks with China’s FAW over the future of truckmaker Iveco, the Italian-American group said on Wednesday after sources told Reuters it had revived previously aborted negotiations. A spokesman for CNH Industrial – whose new CEO, Scott W. Wine, took office this week – confirmed that the group is in preliminary discussions over… Continue reading Italy’s CNH Industrial revives talks to sell truckmaker Iveco to China’s FAW

G.M. Scales Down Nikola Deal

Nikola, a start-up electric truck company that had made a big splash on Wall Street, announced a broad alliance with General Motors in September that promised to give the company critical technology, financial support and credibility with investors. But the news was quickly overtaken by claims that Nikola had exaggerated its capabilities, and the firm’s… Continue reading G.M. Scales Down Nikola Deal

@Toyota: Toyota Motor North America Reports December 2020, Year-End Sales

Toyota is the number one retail brand for the 9th consecutive year Number one manufacturer of alternative vehicle sales for the 21st consecutive year 2020 total hybrid sales up nearly 23 percent; Toyota division hybrid sales double Camry best-selling passenger car in the U.S. for 19th consecutive year RAV4 best-selling SUV in the U.S. for… Continue reading @Toyota: Toyota Motor North America Reports December 2020, Year-End Sales

G.M. Accelerates Its Ambitions for Electric Vehicles

For the last five years, G.M., Ford Motor, Volkswagen and others have been trying to develop compelling and affordable electric vehicles, while watching with both envy and admiration as Tesla raced ahead. Tesla is on track to sell close to 500,000 E.V.s this year, far more than any rival, and is building factories in Germany… Continue reading G.M. Accelerates Its Ambitions for Electric Vehicles

@Toyota: Toyota Assumes Full Ownership of the Kolin Car Plant in the Czech Republic

Former Toyota Peugeot Citroën Automobile (TPCA) renamed Toyota Motor Manufacturing Czech Republic (TMMCZ) as it moves under full Toyota ownership from 1 January 2021 Toyota takes financial ownership of the TPCA joint venture operations, maintaining current production for Toyota and Groupe PSA Toyota’s new global architecture system – TNGA – now installed in all European… Continue reading @Toyota: Toyota Assumes Full Ownership of the Kolin Car Plant in the Czech Republic