FILE PHOTO: The Volkswagen Chattanooga Assembly Plant in Chattanooga, Tennessee November 4, 2015. REUTERS/Tami Chappell (Reuters) – Volkswagen AG (VOWG_p.DE) said Thursday it will furlough 1,500 workers at its U.S. assembly plant in Tennessee starting April 11 as the industry grapples with the ongoing coronavirus pandemic. The German automaker said the temporary emergency furloughs for… Continue reading UPDATE 1-Volkswagen furloughs 1,500 workers at Tennessee auto plant starting April 11
Tag: Toyota
@Toyota: Toyota Research Institute’s Kelly Kay Is Transforming Mobility
Toyota Research Institute (TRI) Executive Vice President and Chief Financial Officer, Kelly Kay, is a proponent of change. So much so, she’s centered her entire career around helping companies transform and grow. Early in her career, which began in the banking industry, she helped move the company online at a time when no one else… Continue reading @Toyota: Toyota Research Institute’s Kelly Kay Is Transforming Mobility
Toyota to halt Indonesia production as Jakarta locks down
JAKARTA — Toyota Motor will temporarily shut down production in Indonesia, Nikkei learned Thursday, with the government ordering a partial lockdown in the capital to stem the spread of the novel coronavirus. Toyota will halt operations from Monday through April 17. Toyota subsidiary Daihatsu Motor is to suspend production for eight days starting Friday. Toyota’s annual output capacity in the country totals… Continue reading Toyota to halt Indonesia production as Jakarta locks down
Nissan seeks $4.6bn credit line to raise liquidity amid pandemic
TOKYO — Nissan Motor is seeking a credit line worth 500 billion yen ($4.6 billion) from Japanese banks, led by Mizuho Bank. The move is aimed at staving off funding problems for the Japanese automaker as vehicle sales plunge amid the new coronavirus outbreak. The Japanese automaker decided to make the request at a board meeting on… Continue reading Nissan seeks $4.6bn credit line to raise liquidity amid pandemic
Press Releases – Corona crisis: almost 1.5 million vehicles in production losses for European auto makers
Brussels, 9 April 2020 – Factory shutdowns as a result of the COVID-19 crisis have resulted in lost production amounting to 1,465,415 motor vehicles to date, according to new figures published by the European Automobile Manufacturers’ Association (ACEA). This figure – covering passenger cars, trucks, vans, buses and coaches – is up from 1.2 million… Continue reading Press Releases – Corona crisis: almost 1.5 million vehicles in production losses for European auto makers
@Toyota: Navigating a Global Crisis: TMNA’s Bob Carter on the Company’s COVID-19 Response
As the world continues to focus on the COVID-19 pandemic, Toyota remains committed to helping its team members, customers and communities. Bob Carter, executive vice president of sales for Toyota Motor North America (TMNA), has been through challenging times before in his previous roles as senior vice president of Toyota Motor Sales (TMS) and group… Continue reading @Toyota: Navigating a Global Crisis: TMNA’s Bob Carter on the Company’s COVID-19 Response
@Toyota: Toyota Extends Production Suspension at All Plants Until May 1
Due to the ongoing COVID-19 pandemic and decline in vehicle demand, Toyota is further extending the length of its production suspension at all of its automobile and components plants in North America, including Canada, Mexico and the U.S. The manufacturing facilities will remain closed through May 1, resuming production on May 4. Our service parts operations and finished… Continue reading @Toyota: Toyota Extends Production Suspension at All Plants Until May 1
Toyota extends North American plant shutdown; will stop paying 5,000 temporary workers
FILE PHOTO: A view shows the Toyota Motor Manufacturing plant in Tijuana, Mexico May 31, 2019. Picture taken May 31, 2019. REUTERS/Jorge Duenes WASHINGTON (Reuters) – Toyota Motor Corp said Wednesday it plans to reopen its North American auto plants on May 4, extending its current shutdown by two additional weeks. The Japanese automaker cited… Continue reading Toyota extends North American plant shutdown; will stop paying 5,000 temporary workers
TOYOTA Connected and NTT DATA announce new business alliance to collaborate on mobility service business
TOYOTA Connected and NTT DATA announced a new business alliance to increase the functions and services of the Mobility Service Platform (MSPF) offered globally by Toyota Motor Corporation in order to expand connected car markets and countries and increase software development capabilities and expand operations. In the automotive industry, the value of cars is changing… Continue reading TOYOTA Connected and NTT DATA announce new business alliance to collaborate on mobility service business
Nuro gets OK to test its driverless delivery vehicles on California public roads
Autonomous delivery startup Nuro has been granted a permit to begin driverless testing on California’s public roads, paving the way for the company to roll out commercial operations throughout the state. Nuro, which raised $940 million from SoftBank Vision Fund last year, is allowed to put two of its low-speed electric R2 delivery vehicles on… Continue reading Nuro gets OK to test its driverless delivery vehicles on California public roads