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
Tag: Toyota
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
Toyota, Renault and VW to reopen European plants
Some car factories to resume production after last month’s industry-wide shutdown Go to Source
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
@Toyota: Toyota to Unveil New Model Harrier in Japan
Since its debut in 1997, the Harrier has continued to lead the way by pioneering a new “Urban SUV”*1 genre that is not constrained by traditional categorization. From the first moment seeing, riding, or driving off in the new Harrier, it resonates with a focus on sensory quality. Rather than relying on utility and numerical… Continue reading @Toyota: Toyota to Unveil New Model Harrier in Japan
Production to resume on April 21 at Toyota’s Onnaing plant
The Toyoita factory in Onnaing, which assembles little Yaris, has been shutdown since mid-March due to the coronavirus epidemic. It should restart on April 21 with two teams, against three before the epidemic. “We wanted to make a gradual restart to have a serene atmosphere and get the staff used to collective and individual protection… Continue reading Production to resume on April 21 at Toyota’s Onnaing plant
Chinese automakers move into Myanmar to battle Japanese rivals
YANGON — Chinese automakers are ramping up local production in Myanmar as they go head to head with dominant and entrenched Japanese rivals in the fast-growing market. There was a fivefold increase in the number of new cars sold in Myanmar in the three years to 2019, when sales hit 21,916, according to data from… Continue reading Chinese automakers move into Myanmar to battle Japanese rivals
Nissan reportedly wants a $4.6 billion lifeline to ‘engineer a desperately needed turnaround’ amid the coronavirus pandemic
With the ongoing COVID-19 pandemic, car sales have plummeted and factories have been idled – leaving many automakers scrambling for cash.Nissan isn’t the only automaker struggling right now, however.Toyota, Fiat Chrysler, and others have also requested new credit lines while people continue to stay home and car sales plummet as a result.A supposed restructuring plan, scheduled to roll out next month and through March 2023, could slash 1 million cars from annual sales targets.
Nissan restructuring may assume cut of 1 mln cars to annual sales target -sources
TOKYO/BEIJING (Reuters) – Nissan Motor Co Ltd’s (7201.T) management has become convinced the struggling automaker needs to be much smaller and a restructuring plan due out next month would likely assume a cut of 1 million cars to its annual sales target, senior company sources said. FILE PHOTO: A Nissan logo is pictured during the… Continue reading Nissan restructuring may assume cut of 1 mln cars to annual sales target -sources