Press Releases – Corona crisis: Guidelines for re-launch of EU auto industry

Brussels, 16 April 2020 – As Europe is grappling with the health, social and economic impacts of COVID-19, the European Automobile Manufacturers’ Association (ACEA) has set out four guiding principles for a successful re-launch of the auto industry, which will be vital to the wider economic recovery of the continent. “It is in Europe’s interest… Continue reading Press Releases – Corona crisis: Guidelines for re-launch of EU auto industry

Car dealers reinvent car-buying in the coronavirus era

Forget about fancy showrooms and free doughnuts. Car buyers now must take delivery of their new ride at home, at work or, sometimes, sitting near a dealership parking lot at a makeshift office. “We’re trying to be sensitive to what’s going on and yet facilitate a transaction in a safe and respectful manner,” said Paul Zimmermann, partner… Continue reading Car dealers reinvent car-buying in the coronavirus era

@Toyota: Toyota Announces Adjustments to Domestic Production (as of April 15)

Toyota City, Japan, Apr 15, 2020 – (JCN Newswire) – Due to the effects of COVID-19 on the current market and the decline in demand of new vehicles globally, Toyota intends to make gradual adjustments in production operations at all plants for completed vehicles in Japan, starting from May 1. Specifically, we have decided to… Continue reading @Toyota: Toyota Announces Adjustments to Domestic Production (as of April 15)

@Toyota: Steadfast Confidence in Perilous Times

Amid Unprecedented Challenges, Ted Ogawa Assumes Role as Toyota Motor North America Chief When Ted Ogawa was announced as Toyota Motor North America’s (TMNA) new president and CEO earlier this year, he didn’t know he’d be stepping directly into an unprecedented crisis. But there was Ogawa on April 1 – his first day on the… Continue reading @Toyota: Steadfast Confidence in Perilous Times

@Toyota: Adjustments to Domestic Production (as of April 15)

Due to the effects of COVID-19 on the current market and the decline in demand of new vehicles globally, Toyota intends to make gradual adjustments in production operations at all plants for completed vehicles in Japan, starting from May 1. Specifically, we have decided to halt production for two days, on May 1 and 11,… Continue reading @Toyota: Adjustments to Domestic Production (as of April 15)

Press Releases – COVID-19: Automotive industry signs joint Code of Business Conduct to support re-start of production

Brussels, 15 April 2020 – CLEPA (the European Automotive Suppliers’ Association) and ACEA (the European Automobile Manufacturers’ Association) have jointly adopted a ‘Code of Business Conduct in view of COVID-19’ to support a rapid and smooth restart of the automotive industry. The automotive eco-system resembles an intricate clockwork and today’s unprecedented standstill of operations risks… Continue reading Press Releases – COVID-19: Automotive industry signs joint Code of Business Conduct to support re-start of production

Hyundai restarts car plants in Russia and Czech Republic

SEOUL — Hyundai Motor has begun resuming operations at Eurasian plants shut down for weeks as a precaution against the spread of the novel coronavirus. The South Korean automaker restarted its Russian assembly plant in St. Petersburg on Monday, followed by Tuesday’s reboot of the factory in the Czech Republic. Hyundai intends to recommence activity at its Turkish… Continue reading Hyundai restarts car plants in Russia and Czech Republic

@Toyota: Enabling the Next Generation of Robotics: Our Portfolio Company Freedom Robotics Is Hiring

Image courtesy of Freedom Robotics Last summer, we announced our investment in San Francisco-based Freedom Robotics, which develops mission-critical software infrastructure that enables companies to easily monitor, control, and manage robots. Now more than ever, there’s a need for safe, reliable robots that can assist people across a variety of industries — and helping robotics teams accelerate that… Continue reading @Toyota: Enabling the Next Generation of Robotics: Our Portfolio Company Freedom Robotics Is Hiring

Hyundai first to restart Czech production, others still shut

PRAGUE (Reuters) – Hyundai Motor Co’s (005380.KS) Czech car plant was the first in the central European country to get back to work on Tuesday after a three-week outage, potentially easing some of the strain on the hard-hit economy. FILE PHOTO: Hyundai’s logo seen on its Vision T concept car at the LA Auto Show… Continue reading Hyundai first to restart Czech production, others still shut