Tag: Toyota

UPDATE 2-Toyota sheds some manufacturing to focus on new car technology

TOKYO (Reuters) – Toyota Motor Corp (7203.T) on Friday said it was planning to transfer some its parts manufacturing operations to its main supplier Denso Corp (6902.T) to free up resources to compete more effectively on new vehicle technologies. Toyota said it would consolidate core electronics component operations of within Denso from late next year,… Continue reading UPDATE 2-Toyota sheds some manufacturing to focus on new car technology

Toyota Accelerates Strengthening of Toyota Group for ‘Once-in-a-Century Transformational Period’

Toyota Motor Corporation (Toyota) announces today that it has reached agreements with Denso Corporation (Denso) and Toyota Tsusho Corporation (Toyota Tsusho) aimed at further strengthening the competitiveness of the Toyota Group. The agreement with Denso outlines that the core electronic component operations of both Toyota and Denso will be consolidated within Denso. The agreement with… Continue reading Toyota Accelerates Strengthening of Toyota Group for ‘Once-in-a-Century Transformational Period’

Toyota and Denso Agree to Start Considerations toward Consolidating Electronic Component Operations within Denso

Toyota Motor Corporation (Toyota) and Denso Corporation (Denso) announce that they have agreed today to begin considerations toward consolidating the core electronic component operations of both Toyota and Denso within Denso. Currently, advanced development and mass-production development for Toyota’s electronic components, as well as the production of such components, are conducted by both Toyota and… Continue reading Toyota and Denso Agree to Start Considerations toward Consolidating Electronic Component Operations within Denso

Simba in talks with four major car makers about assembly in Kenya

Nairobi — Simba Corporation, a closely held Kenyan company, is in talks with four vehicle makers, including France’s Renault, about assembling their vehicles in East Africa’s biggest economy. The manufacturers are looking to tap demand in an industry that’s expected to grow 15% this year, CEO Adil Popat said in an interview in the capital,… Continue reading Simba in talks with four major car makers about assembly in Kenya

Toyota RAV4 diesel production axed

The diesel version of the Toyota RAV4 has become the latest victim of the brand’s commitment to remove oil-burning models from its line-up. As part of its pledge to focus on petrol and electrified powertrains, Toyota has taken the sole 2.0-litre diesel variant of the RAV4 out of production. A brand spokesman told Autocar that “there will… Continue reading Toyota RAV4 diesel production axed

Trump Tariff Blow Would Go Beyond Sending BMW Sedans to $60000

LISTEN TO ARTICLE SHARE THIS ARTICLE Frank Ursomarso thinks the Trump administration is merely jawboning by floating potential tariffs of as much as 25 percent on imported autos. If the longtime dealer is wrong, he expects to be selling fewer cars. Take some of the cheaper sedans Ursomarso sells at Union Park BMW in Wilmington,… Continue reading Trump Tariff Blow Would Go Beyond Sending BMW Sedans to $60000

Goodbye Cars, Hello Chips as Toyota Supplier Embraces Tech World

LISTEN TO ARTICLE SHARE THIS ARTICLE NSK Ltd. has been making transmissions and ball bearings for Japanese cars for half a century, but the 102-year old manufacturer is now undergoing a major shift as it supplies components critical to digital products and services. A photo illustration of NSK’s ball screws. Source: NSK Ltd. Sales of… Continue reading Goodbye Cars, Hello Chips as Toyota Supplier Embraces Tech World

DS 4 and 5 production ends as part of drastic line-up changes

DS has ended production of its slow-selling 4 and 5 hatchbacks as part of an aggressive product plan designed to turn around shrinking global sales. The PSA Group premium brand is now only selling what a spokesman described as an “extensive supply” of existing stocks for the 4 and 5, both of which have suffered from dwindling sales and contributed… Continue reading DS 4 and 5 production ends as part of drastic line-up changes

Press Releases – EU vehicle manufacturers express concern on US investigation into auto imports

Brussels, 28 May 2018 – The European Automobile Manufacturers’ Association (ACEA) has expressed its concern regarding the initiation by the United States of a national security investigation into imports of motor vehicles and auto parts. “Automobile manufacturers active in both Europe and the US are truly global players with interests in both regions,” stated ACEA… Continue reading Press Releases – EU vehicle manufacturers express concern on US investigation into auto imports