Tag: Toyota

@Toyota: Toyota Doubles Down on Sedans

As the automotive industry shifts to trucks and SUVs, Marketing VP Cynthia Tenhouse sees a bright future for Toyota’s passenger car lineup. It’s no secret the auto industry is undergoing a bit of a shift at the moment. In fact, the surge in truck and SUV sales have led several brands to all but eliminate… Continue reading @Toyota: Toyota Doubles Down on Sedans

@Toyota: TMC Announces Changes to Operating Officer and Senior Managements’ Areas of Responsibilities

  Koji Sato Lexus International Co. (President) Lexus International Co. (President) GAZOO Racing Company (President)   Hisatake Murata GAZOO Racing Company (Senior General Manager) GAZOO Racing Company (Executive Vice President)   Hideharu Matsuoka Connected Company (Executive Vice President) Connected Business Field (concurrently Senior General Manager) Connected Company (Executive Vice President) * Mitsuru Uno Toyota Mobility… Continue reading @Toyota: TMC Announces Changes to Operating Officer and Senior Managements’ Areas of Responsibilities

Toyota posts net profit of $1.5bn for April-June despite COVID

TOKYO — Toyota Motor posted a net profit of 158 billion yen ($1.5 billion) for the three months ended in June, the automaker said Thursday. That was down 74% from the previous year, but the Japanese automaker stayed in the black even as its peers had loss-making quarters due to the COVID-19 pandemic. Revenue at Toyota for April… Continue reading Toyota posts net profit of $1.5bn for April-June despite COVID

@Hyundai: Stairway to Hydrogen Society

Now we all know that carbon is the main villain that is killing us all, hence the growing hydrogen fuel market. Europe, the US, and Japan had an early start in the Hydrogen Society, and South Korea also initiated a roadmap. Various corporations in the chemical, energy, or mobility industry have started to use hydrogen.… Continue reading @Hyundai: Stairway to Hydrogen Society

Toyota’s first-quarter profit nearly wiped out as coronavirus erodes car sales

FILE PHOTO: Employees wearing protective masks work at the Toyota Motor Manufacturing France plant as it resumes its operations after five weeks of closure during a lockdown amid the coronavirus disease (COVID-19) outbreak, in Onnaing, France, April 23, 2020. REUTERS/Pascal Rossignol TOKYO (Reuters) – Toyota Motor Corp (7203.T) posted a 98% plunge in its first-quarter… Continue reading Toyota’s first-quarter profit nearly wiped out as coronavirus erodes car sales

Ford’s Farley rode iconic Ford brands, customer needs to CEO’s office

Jim Farley rose through the ranks to become Ford Motor Co.’s next CEO by understanding what the customer wants, leveraging the Blue Oval’s icons and learning from the successes of others, industry observers say. Farley, 58, will replace CEO Jim Hackett on Oct. 1, the company confirmed Tuesday, returning Ford’s top job to an industry veteran schooled at Toyota Motor… Continue reading Ford’s Farley rode iconic Ford brands, customer needs to CEO’s office

Electric vehicle charge network ChargePoint bags $127 million from investors

FILE PHOTO: An electric car is charged by a mobile charging station on a street in Prague, Czech Republic, December 4, 2018. Picture taken December 4, 2018. REUTERS/David W Cerny/File Photo (Reuters) – ChargePoint, one of the world’s oldest and largest electric vehicle charging networks, has closed on a $127 million funding round, much of… Continue reading Electric vehicle charge network ChargePoint bags $127 million from investors

@niche: Nikola Corporation Reports Second Quarter Results

Business Combination with VectoIQ Completed Global Manufacturing Head and Nikola Energy Company President Added to World-Class Team Nikola Manufacturing Facility Buildout Continues in Ulm, Germany Nikola Breaks Ground for Greenfield Manufacturing Facility in Coolidge, Arizona August 4, 2020 — Phoenix, Arizona — Nikola Corporation (Nasdaq:NKLA), a global leader in zero-emissions transportation systems, today reported financial… Continue reading @niche: Nikola Corporation Reports Second Quarter Results

Ford CEO Jim Hackett to retire; Chief Operating Officer Jim Farley will take helm

CLOSE Jim Farley, of Ford Motor Co., reflects on his time at the company and how his love of cars has helped his career and embrace change in the industry. Detroit Free Press Ford Motor Co. announced Tuesday that CEO Jim Hackett will retire from the company he has led since May 2017, and Chief Operating… Continue reading Ford CEO Jim Hackett to retire; Chief Operating Officer Jim Farley will take helm