First application of Toyota New Global Architecture (TNGA) in a compact car New GA-B platform delivers style, practicality, driving enjoyment and safety New 1.5-litre hybrid system blends high efficiency with improved response Engineered to be the world’s safest compact car New Yaris to be introduced in second half of 2020, details of UK range, specifications… Continue reading @Toyota: The new Toyota Yaris: Designed for Urban Life
Tag: Toyota
Toyota pushes suppliers for out-of-cycle price cuts
TOKYO/NAGOYA — Toyota Motor has asked suppliers to lower prices on certain parts, citing sluggish sales and a drop in material costs amid the coronavirus, Nikkei has learned, in a move that could hit earnings in the sprawling supply chain of one of the world’s largest automakers. Toyota has sent price reduction requests to companies… Continue reading Toyota pushes suppliers for out-of-cycle price cuts
Ex-Nissan boss Ghosn says Renault-Nissan financial results ‘pathetic’ – The Japan Times
Paris – Former Nissan Motor Co. Chairman Carlos Ghosn took a swipe at his old employers in a newspaper interview on Sunday, calling the Renault and Nissan results “pathetic,” driven as much by a lack of joint leadership than the COVID-19 pandemic. Ghosn, who was also the chairman of Mitsubishi Motors Corp., was arrested in… Continue reading Ex-Nissan boss Ghosn says Renault-Nissan financial results ‘pathetic’ – The Japan Times
GIG Car Share Chooses the Ridecell Platform for its Expansion into Seattle – WFMZ Allentown
SAN FRANCISCO, July 8, 2020 /PRNewswire/ — Ridecell Inc., the leading platform provider for shared mobility operators, today announced that GIG Car Share, powered by AAA Northern California, will use the Ridecell High-yield Mobility Platform for its expansion to Seattle. Gig already uses Ridecell for its other operating cities, including Sacramento and the San Francisco Bay Area. The Ridecell platform… Continue reading GIG Car Share Chooses the Ridecell Platform for its Expansion into Seattle – WFMZ Allentown
Toyota Financial Services (TFS) Issues Fifth Diversity & Inclusion Bond; Promotes Diversity on Wall Street
PLANO, Texas, July 24, 2020 /PRNewswire/ — Toyota Financial Services (TFS), a longtime leader in Corporate Social Responsibility (CSR), issued its fifth Diversity & Inclusion (D&I) Bond in the amount of $750 million. Enabling diverse underwriting firms the ability to strengthen their experience working on high profile deals, this two-year fixed rate D&I Bond not only serves as an integral component of Toyota’s comprehensive… Continue reading Toyota Financial Services (TFS) Issues Fifth Diversity & Inclusion Bond; Promotes Diversity on Wall Street
Kia targets sale of 100,000 Sonets in India, export of 50,000 units in first year
Kia Motors Corporation, which announced its Q2 FY2020 sales numbers (516,050 / -28% YoY) earlier today, has also revealed plans to take on the adverse market environment stemming from the Covid-19 pandemic. The company says it “plans to guard profitability and market competitiveness with pioneering new models, while optimising production capacity to best cope with… Continue reading Kia targets sale of 100,000 Sonets in India, export of 50,000 units in first year
Tesla Will Build ‘GigaTexas’ to Crank Out Cybertrucks
Everything’s bigger in Texas, including Tesla, which said Wednesday that it will officially open its largest factory yet in the Lone Star State. “GigaTexas” will span a nearly 2,000-acre site near Austin, just 15 minutes from the city’s downtown and five minutes from its airport. On a call with investors to discuss its most recent… Continue reading Tesla Will Build ‘GigaTexas’ to Crank Out Cybertrucks
@Toyota: Toyota IP Solutions and IUPUI Issue First Commercial License for Automatic Emergency Braking Safety Testing
INDIANAPOLIS (July 22, 2020) – Toyota and Hebei Pride today announced a new license agreement to commercialize standardized safety testing systems for the development and validation of automotive automatic emergency braking (AEB) systems. The agreement is the first license from Toyota IP Solutions, which launched in late 2019 to broaden access to Toyota’s world leading… Continue reading @Toyota: Toyota IP Solutions and IUPUI Issue First Commercial License for Automatic Emergency Braking Safety Testing
@Toyota: Toyota delivers its three millionth hybrid electric vehicle sold in Europe
New Corolla GR Sport handed over to customer in Madrid was the three millionth hybrid car sold by Toyota Motor Europe (TME) Full hybrid Hatchback and Touring Sports versions of Corolla, the world’s best-selling Toyota model, are manufactured in the UK Wide range of full hybrid Toyota and Lexus vehicles deliver sales success as well… Continue reading @Toyota: Toyota delivers its three millionth hybrid electric vehicle sold in Europe
Mitsubishi Motors to close SUV plant in Japan by 2023 to cut capacity
TOKYO — Mitsubishi Motors has started making the final arrangements for the closure of a car plant of subsidiary Pajero Manufacturing within three years, sources familiar with the matter said on Wednesday, Nikkei has learned. The Pajero Manufacturing plant, which is based in the Gifu Prefecture town of Sakahogi, has produced cars such as the Pajero… Continue reading Mitsubishi Motors to close SUV plant in Japan by 2023 to cut capacity