The Lucid Motors boss Peter Rawlinson is fluent in the language of the new breed of electric carmaker: he wants to save the planet and he wants to do it fast. The California carmaker is only starting production of its hotly anticipated first model in the second half of this year but it has quickly… Continue reading Meet the Briton leading a Tesla rival who wants to save the planet
Tag: Toyota
@Toyota: Paving the Way for an Electrified Future
One of the questions I’m frequently asked is, “When will electric vehicles become mainstream?” to which I reply, “They already are.” The electrification of automobiles is arguably the greatest force transforming our industry. Appearing as early as the 1800’s, electricity has served us increasingly well across the automotive spectrum, giving rise to continuous advances in… Continue reading @Toyota: Paving the Way for an Electrified Future
Starving for more chips in a tech-hungry world
Supplies of many models were tight even before the chip shortage because automakers were having trouble making up for production lost to the pandemic. SAN RAMON: As the U.S. economy rebounds from its pandemic slump, a vital cog is in short supply: the computer chips that power a wide range of products that connect, transport… Continue reading Starving for more chips in a tech-hungry world
Biden aims to juice EV sales, but would his plan work?
David Kirsch, a professor of strategy and entrepreneurship at the University of Maryland, said the Biden plan isn’t really a tipping point that will turn consumers from combustion to electric vehicles. DETROIT: Dangling tax credits and rebates in his drive to fight climate change, President Joe Biden wants you to trade your gas-burning car, truck… Continue reading Biden aims to juice EV sales, but would his plan work?
@Toyota: Toyota Motor North America Reports March 2021 U.S. Sales
Continued leadership of alternative powered vehicles (APVs), including hybrids, electrified and fuel cell electrics March total APV sales up nearly three-fold, represent nearly 24 percent of total sales volume All-time best-ever quarter sales for APVs Best-ever March sales for Toyota Motor North America, Toyota and Lexus Divisions Starting in April, TMNA will introduce 25 new,… Continue reading @Toyota: Toyota Motor North America Reports March 2021 U.S. Sales
@Toyota: Toyota Motor Credit Corporation Celebrates First Year of Mazda Financial Services Private Label Business
Company attributes success to client-centric focus and dedication to meeting dealer needs PLANO, Texas (April 1, 2021) – In April 2020, Toyota Motor Credit Corporation (TMCC) launched a private label financial services business commencing with the provision of services to Mazda North American Operations (MNAO), and marketed under the brand Mazda Financial Services (MFS) to… Continue reading @Toyota: Toyota Motor Credit Corporation Celebrates First Year of Mazda Financial Services Private Label Business
@Toyota: Toyota Welcomes 1,045 New Employees for FY2022
Toyota Motor Corporation (Toyota) announced that it recruited 1,635 employees during fiscal year 2021, including 1,045 new employees starting on April 1. Go to Source
Toyota Motor North America Reports March 2021 U.S. Sales
PLANO, Texas, April 1, 2021 /PRNewswire/ — Toyota Motor North America (TMNA) today reported March 2021 U.S. sales of 253,783 vehicles, an increase of 87 percent on a volume basis and up 79.8 percent on a daily selling rate (DSR) basis compared to March 2020. For the first quarter, TMNA reported U.S. sales of 603,066 vehicles,… Continue reading Toyota Motor North America Reports March 2021 U.S. Sales
SMIC Profit Up 43.3% In 2020 But Growth Uncertainty Lingers
SMIC officially released its 2020 financial report, indicating that as of December 31, 2020, the company’s annual revenue was US$3.907 billion, an increase of 25.4%. Its gross profit was US$921 million, an increase of 43.3%, while attributable profit attributable to the company was US$716 million, an increase of 204.9%. In 2019, under the uncertainties of… Continue reading SMIC Profit Up 43.3% In 2020 But Growth Uncertainty Lingers
Toyota Motor Credit Corporation Celebrates First Year of Mazda Financial Services Private Label Business
“When we started this business, we knew we had to provide exceptional service and drive loyalty to our partners at Mazda North American Operations, with solutions that benefit Mazda dealers and customers,” said Pete Carey, president of MFS. “We’re incredibly grateful for the opportunity to work with MNAO, and we look forward to continuously improving… Continue reading Toyota Motor Credit Corporation Celebrates First Year of Mazda Financial Services Private Label Business