Posted on Apr. 28, 2020, 4:30 p.m. Legally forced to inform the Tokyo Stock Exchange of the sudden deterioration in its performance, Nissan’s communications department improvised an unnecessarily convoluted statement on Tuesday to avoid letting go of the taboo word “losses”. However, the Japanese group and major partner of Renault is well on the point… Continue reading Nissan completes fiscal year for the first time in eleven years
Tag: Toyota
Toyota: Hybrids Remain A Core Part But Naturally Lead To BEV And FCEV
Toyota passes 15 million hybrid electric vehicles global sales Pioneer and leader in hybrid electric technology, Toyota has crossed the symbolic milestone of 15 million hybrid vehicles sold since the 1997 launch of the iconic Prius, the first full hybrid mass-produced car Now offered on 44 individual models across a wide range of size and… Continue reading Toyota: Hybrids Remain A Core Part But Naturally Lead To BEV And FCEV
Japan automakers post 34% plunge in March global sales
FILE PHOTO: An employee of Toyota Motor Corp. is reflected on a side mirror on the assembly line of Mirai fuel cell vehicle (FCV) at the company’s Motomachi plant in Toyota, Aichi prefecture, Japan May 17, 2018. REUTERS/Issei Kato TOKYO (Reuters) – Japanese automakers saw a 34% fall in global vehicle sales in March when… Continue reading Japan automakers post 34% plunge in March global sales
Press Releases – Motor vehicle taxation brings in €440.4 billion for governments in major European markets
Brussels, 28 April 2020 – New data shows that motor vehicles generate more than €440 billion in taxation for national governments in the major EU markets plus the UK, the European Automobile Manufacturers’ Association (ACEA) reports. Motor tax revenues collected by governments have increased by almost 3% compared to the previous year, and the grand… Continue reading Press Releases – Motor vehicle taxation brings in €440.4 billion for governments in major European markets
Auto newbie VinFast zooms to fifth place in sales – VnExpress International
By Thanh Nhan  April 27, 2020 | 12:08 pm GMT+7 A VinFast Fadil car seen in Hanoi. Photo by VnExpress/Duc Huy. VinFast sold 5,124 cars in the first quarter to rank fifth among auto brands in Vietnam, with the hatchback Fadil its most popular vehicle. The data was released by Vietnam Register based on how… Continue reading Auto newbie VinFast zooms to fifth place in sales – VnExpress International
@Toyota: Toyota and FAW Restructure their Joint Company’s Management Systems with the Aim of Sustainable Growth in China
Toyota City, Japan, April 27, 2020―China FAW Group Co., Ltd. (FAW) and Toyota Motor Corporation (Toyota) will restructure their management systems with the aim of achieving sustainable growth in China. As part of the restructuring, Tianjin FAW Toyota Motor Co., Ltd. (TFTM) will become a FAW-Toyota manufacturing and supervising affiliate; all other body and engine… Continue reading @Toyota: Toyota and FAW Restructure their Joint Company’s Management Systems with the Aim of Sustainable Growth in China
Czech car industry faces shaky relaunch as Skoda returns to work
PRAGUE (Reuters) – The Czech Republic’s biggest exporter, Skoda Auto, restarted production on Monday but the auto sector faces a shaky relaunch with the coronavirus outbreak hammering demand for cars. Workers enter Skoda Auto’s factory as the company restarts production after shutting down last month due to the coronavirus disease (COVID-19) outbreak in Mlada Boleslav,… Continue reading Czech car industry faces shaky relaunch as Skoda returns to work
Automakers plan to restart factories in early May. UAW says not so fast
Olkswagen, Toyota, Hyundai and Fiat Chrysler are preparing to restart production at factories in the US that have been shut down due to the coronavirus pandemic come early May.The union represents factory workers at US-based automakers, GM, Ford and Fiat Chrysler (FCAU).The UAW is still in talks with GM, Ford and Fiat Chrysler over the safest way to reopen factories.
UAW opposes early May restart to auto production
United Auto Workers President Rory Gamble doesn’t want auto plants to reopen early next month, despite efforts by the Detroit Three to get plants ready for a restart as early as May 4. “At this point in time, the UAW does not believe the scientific data is conclusive that it is safe to have our members back… Continue reading UAW opposes early May restart to auto production
BYD And Hino Announce Strategic Alliance On Commercial BEVs
BYD and Hino sign a strategic business alliance agreement with a focus on Commercial Battery Electric Vehicles development Apr 23, 2020 BYD Company Ltd.Hino Motors, Ltd. BYD Company Ltd. (BYD) and Hino Motors, Ltd. (Hino) signed a strategic business alliance agreement today with a focus on collaborating in commercial battery electric vehicles (BEVs) development. The… Continue reading BYD And Hino Announce Strategic Alliance On Commercial BEVs