Tag: Toyota

Daihatsu tailors new cars to Malaysia and Indonesia

OSAKA — Daihatsu Motor is stepping up efforts to produce cars tailored to Southeast Asian nations, adopting its fast, low-cost production method developed in Japan to emerging markets, starting with Malaysia and Indonesia. Emerging markets are important to the Japanese automaker, which acts as a vanguard for parent Toyota Motor. Daihatsu is also trying to… Continue reading Daihatsu tailors new cars to Malaysia and Indonesia

@Toyota: Toyota Financial Services Issues New Asset-Backed Green Bond, Highlighting Toyota’s Ongoing Commitment to Sustainability

$1.6 billion bond offering to finance the sale of environmentally friendly vehicles PLANO, Texas (June 17, 2021) – Toyota Financial Services (TFS) issued its latest Asset-Backed Green Bond, reinforcing the company’s longstanding commitment to the sale of environmentally friendly vehicles. Net proceeds from the $1.6 billion bond offering will be used for the acquisition of new retail installment sales contracts and operating lease contracts financing Toyota passenger vehicles from model year 2020 or later and which meet… Continue reading @Toyota: Toyota Financial Services Issues New Asset-Backed Green Bond, Highlighting Toyota’s Ongoing Commitment to Sustainability

@Toyota: Woven Capital Invests in Ridecell to Accelerate Global Growth in IoT-driven Automation for Mobility and Fleet Businesses

Woven Capital, L.P. today announced that it has made an investment in Ridecell Inc., a leading platform powering digital transformations and IoT automation for fleet-driven businesses. Woven Capital is an $800 million global investment fund that supports innovative, growth-stage companies in mobility, automation, artificial intelligence, data and analytics, connectivity, and smart cities. It is the… Continue reading @Toyota: Woven Capital Invests in Ridecell to Accelerate Global Growth in IoT-driven Automation for Mobility and Fleet Businesses

Toyota Financial Services Issues New Asset-Backed Green Bond, Highlighting Toyota’s Ongoing Commitment to Sustainability

PLANO, Texas, June 17, 2021 /PRNewswire/ — Toyota Financial Services (TFS) issued its latest Asset-Backed Green Bond, reinforcing the company’s longstanding commitment to the sale of environmentally friendly vehicles. Net proceeds from the $1.6 billion bond offering will be used for the acquisition of new retail installment sales contracts and operating lease contracts financing Toyota… Continue reading Toyota Financial Services Issues New Asset-Backed Green Bond, Highlighting Toyota’s Ongoing Commitment to Sustainability

Woven Capital Invests in Ridecell to Accelerate Global Growth in IoT-driven Automation for Mobility and Fleet Businesses

SAN FRANCISCO and TOKYO, June 17, 2021 /PRNewswire/ — Woven Capital, L.P. today announced that it has made an investment in Ridecell Inc., a leading platform powering digital transformations and IoT automation for fleet-driven businesses. Woven Capital is an $800 million global investment fund that supports innovative, growth-stage companies in mobility, automation, artificial intelligence, data and analytics,… Continue reading Woven Capital Invests in Ridecell to Accelerate Global Growth in IoT-driven Automation for Mobility and Fleet Businesses

@Mazda: Mazda continues commitment to carbon neutrality and driver safety

Heading towards a carbon-neutral future by 2050, the Mazda Motor Corporation today announced that it will accelerate its global electrification plans. By 2030, Mazda assumes that a quarter of its products will be fully electric and all other models will be electrified in some form.  Between 2022 and 2025, Mazda will introduce a range of… Continue reading @Mazda: Mazda continues commitment to carbon neutrality and driver safety

Honda discontinues fuel cell car Clarity on weak demand

TOKYO — Honda Motor will stop production of the Clarity fuel cell car this year, the automaker said Tuesday, as part of a broader push to trim underperforming models. Honda has also decided to stop making the Legend, its high-end gasoline-fueled sedan, as well as the Odyssey luxury sport utility vehicle. Realigning global manufacturing operations, the Japanese company will… Continue reading Honda discontinues fuel cell car Clarity on weak demand

Toyota introduces doorstep delivery of spare parts in India

Toyota Kirloskar Motor (TKM) has introduced its ‘Door Delivery’ service in India, in a first-of-its-kind initiative to seamlessly supply genuine spare parts to its customers. The new initiative will allow Toyota customers to either opt for a pickup parts ordered online from their nearest dealership or get them home delivered. The TKM statement mentioned that… Continue reading Toyota introduces doorstep delivery of spare parts in India

@BMW: Everyday testing of BMW i Hydrogen NEXT with hydrogen fuel cell drive train begins.001211

Munich. The BMW Group is beginning to test near-standard vehicles with a hydrogen fuel cell drive train in everyday conditions on European roads. Prototypes of the BMW i Hydrogen NEXT will examine how effectively the CO2-free drive train, model-specific chassis technology and vehicle electronics systems work together under real-life conditions. The BMW i Hydrogen NEXT… Continue reading @BMW: Everyday testing of BMW i Hydrogen NEXT with hydrogen fuel cell drive train begins.001211