FILE PHOTO: A logo of BYD is painted inside an assembly line of the automobile maker in Shenzhen, China May 25, 2016. REUTERS/Bobby Yip BEIJING (Reuters) – Chinese electric vehicle maker BYD Co Ltd (002594.SZ), (1211.HK), which is backed by U.S. investor Warren Buffett, on Tuesday reported a 41.9% drop in 2019 net profit as… Continue reading Chinese EV maker BYD profit down 42% in 2019, under pressure from subsidy cut
Tag: Toyota
Nissan to close global headquarters, other Japan sites through May 10 due to virus
TOKYO (Reuters) – Nissan Motor Co (7201.T) said on Tuesday it will shut its global headquarters in Japan for 16 days through early May to contain the spread of the coronavirus, even though the government has permitted keeping workplaces open to get the economy running. FILE PHOTO: Nissan Motor’s logo is pictured at its headquarters… Continue reading Nissan to close global headquarters, other Japan sites through May 10 due to virus
@Toyota: Toyota: Adjustments to Domestic Production (Updated April 20)
TOKYO, Apr 20, 2020 – (JCN Newswire) – About extending the suspension of operations to certain production lines (April 20) We have decided to extend the period of suspension of operations by 4 days (4/23-4/28) from the time previously announced on April 15 for both the Takaoka Plant, production #2, and Toyota Industries Corp, lines… Continue reading @Toyota: Toyota: Adjustments to Domestic Production (Updated April 20)
@Toyota: Toyota’s European R&D Base Changes its Name
Toyota City, Japan, Apr 20, 2020 – (JCN Newswire) – Toyota Motor Corporation (Toyota) announced that its European research and development base, TOYOTA Motorsport GmbH (TMG), has changed its company name to TOYOTA GAZOO Racing Europe GmbH (TGR-E). TMG was initially established as Andersson Motorsport GmbH in Koln in 1979, then changed its name to… Continue reading @Toyota: Toyota’s European R&D Base Changes its Name
Toyota to Reopen Yaris Car Factory in Test Case for France
Toyota Motor Corp. is poised to restart a factory in northern France on Tuesday, marking the first vehicle plant reopening in the country where the coronavirus pandemic shut most industrial sites last month and some unions have vehemently opposed the return of workers to assembly lines.
Toyota Kirloskar Motor’s Vikram Gulati: ‘The biggest challenge now is going to be around the supply chain.’
As the Indian automotive industry gears up to resume operations with the government announcing relaxations for some small-scale sectors from April 20, ensuring a seamless supply chain is going to be a big challenge for OEMs and suppliers. Also, while companies are working on ‘restart manuals’ to practice the new normal and adhere to social… Continue reading Toyota Kirloskar Motor’s Vikram Gulati: ‘The biggest challenge now is going to be around the supply chain.’
Coronavirus: in Hordain, a “health protocol” at PSA to prepare for recovery
We know Toyota’s takeover datein Onnaing, but still not that of the PSA factory in Hordain, closed since the start of the coronavirus crisis. 2,500 employees for 70 hectares Normally, 2,500 employees work in this 70 hectare area, near Valenciennes, one of the five assembly plants of PSA in France. But since March 18, the… Continue reading Coronavirus: in Hordain, a “health protocol” at PSA to prepare for recovery
@Toyota: Toyota North America Announces Executive Changes
About Toyota Motor North America Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. and North America for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands. During that time, Toyota has created a tremendous value chain as our teams have contributed to… Continue reading @Toyota: Toyota North America Announces Executive Changes
Toyota North America Announces Executive Changes
PLANO, Texas, April 17, 2020 /PRNewswire/ — Toyota Motor North America (TMNA) and Toyota Financial Services (TFS) announced executive changes that further strengthen the companies’ leadership in key areas. Holly Walters, president and chief executive officer of Toyota Financial Savings Bank (TFSB) is promoted to chief information officer and group vice president of information systems for… Continue reading Toyota North America Announces Executive Changes
Toyota-backed Pony.ai to offer autonomous delivery service in California
BEIJING (Reuters) – Toyota-backed self driving company Pony.ai said on Friday it would provide an autonomous delivery service to residents of Irvine, California, as demand for online orders surges because of the coronavirus lockdown. FILE PHOTO: An autonomous vehicle of self-driving car startup Pony.ai is seen during a government-organised tour to the Guangdong-Hong Kong-Macao Greater… Continue reading Toyota-backed Pony.ai to offer autonomous delivery service in California