Toyota Motor Corporation (Toyota; head office: Toyota City; President and Representative Director: Akio Toyoda), Chubu Electric Power Co., Inc. (Chubu Electric Power; head office: Nagoya City; President & Director: Kingo Hayashi), and Toyota Tsusho Corporation (Toyota Tsusho; head office: Nagoya City; President & CEO: Ichiro Kashitani) concluded an agreement today to establish Toyota Green Energy… Continue reading @Toyota: Toyota Green Energy Established to Conduct Renewable Energy Power Generation Business
Tag: Toyota
@Toyota: Toyota Motor Corporation, Chubu Electric Power and Toyota Tsusho Corporation Establish Renewable Energy Business in Japan
Toyota Motor Corporation (head office: Toyota City; President and Representative Director: Akio Toyoda), Chubu Electric Power Co., Inc. (head office: Nagoya City; President & Director: Kingo Hayashi), and Toyota Tsusho Corporation (head office: Nagoya City; President & CEO: Ichiro Kashitani) have concluded an agreement to establish Toyota Green Energy LLP (Toyota Green Energy) to obtain… Continue reading @Toyota: Toyota Motor Corporation, Chubu Electric Power and Toyota Tsusho Corporation Establish Renewable Energy Business in Japan
Toyota halts Japan production as carmakers slam on the brakes
TOKYO — Toyota Motor suspended production at five plants across Japan on Friday, joining the ranks of automakers throughout the world that have been forced to do the same as the coronavirus pandemic stifles sales. However, Japan’s largest automaker said it hopes its strong cash position can help it endure the pain. “I have said multiple times… Continue reading Toyota halts Japan production as carmakers slam on the brakes
Autoliv Taps Brakes on Dividend Payout, Withdraws ’20 View
Autoliv, Inc. ALV recently canceled its quarterly dividend scheduled for Jun 4 and suspended future dividends until further notice. It also withdrew the 2020 guidance to preserve cash as vehicle sales drop on the coronavirus outbreak. The company also drew the remaining $600 million from its revolving credit facility of $1 billion. Notably, it had… Continue reading Autoliv Taps Brakes on Dividend Payout, Withdraws ’20 View
Press release 09 / 2020- vehicle registrations in March 2020
Date 4/3/2020 Flensburg, April 3, 2020. 215,119 Passenger cars (Passenger cars) were newly registered in March 2020. Compared to the same month in the previous year, the Corona crisis showed a decline of -37.7 percent. The number of commercial New registrations decreased by -39.6 percent, their share was 61.9 percent, private registrations lost -34.4 percent.… Continue reading Press release 09 / 2020- vehicle registrations in March 2020
@Toyota: BYD, Toyota Launch BYD TOYOTA EV TECHNOLOGY Joint Venture to Conduct Battery Electric Vehicle R&D
Toyota City, Japan, April 2, 2020―BYD Company Ltd. (BYD) and Toyota Motor Corporation (Toyota) announced today that preparations have proceeded since they signed an agreement for the establishment of a joint venture company to conduct research and development of battery electric vehicles (BEVs) on November 7, 2019, and registration of the new company has been… Continue reading @Toyota: BYD, Toyota Launch BYD TOYOTA EV TECHNOLOGY Joint Venture to Conduct Battery Electric Vehicle R&D
BYD, Toyota finalize 50:50 JV to develop EV batteries
For the new company, headquatered in Shenzhen Hirohisa Kishi from Toyota will serve as chairman, and Zhao Binggen from BYD will be the chief executive officer (CEO). New Delhi: Toyota Motor Corp on Thursday has formally incorporated a joint venture with Chinese electric vehicle maker BYD to conduct the research and development for battery electric… Continue reading BYD, Toyota finalize 50:50 JV to develop EV batteries
Toyoda Gosei to Restructure Production Subsidiaries in India for “TG One India”
KIYOSU, Japan–(BUSINESS WIRE)–Toyoda Gosei Co., Ltd. (TOKYO: 7282) will restructure its production subsidiaries in India to optimize its production network in that country. The company will transfer its all shares in Toyoda Gosei South India Pvt. Ltd. (TGSIN) to Toyoda Gosei Minda India Pvt. Ltd. (TGMIN) in 2020. TGSIN supplies interiors and exteriors and other… Continue reading Toyoda Gosei to Restructure Production Subsidiaries in India for “TG One India”
BYD and Toyota BEV R&D JV to begin operations next month
BYD Company (BYD) and Toyota Motor Corporation have announced today that preparations have proceeded since they signed an agreement for the establishment of a joint venture company to conduct research and development of battery electric vehicles (BEVs) on November 7, 2019, and registration of the new company has been completed. Operations are scheduled to commence… Continue reading BYD and Toyota BEV R&D JV to begin operations next month
@Mazda: MAZDA FINANCIAL SERVICES LAUNCHES BY OFFERING NEW CUSTOMERS PAYMENT DEFERRAL OPTION
IRVINE, Calif. (April 1, 2020) – Mazda North American Operations (MNAO) today announced the launch of Mazda Financial Services (MFS) provided by Toyota Motor Credit Corporation (TMCC). MFS offers a suite of automotive finance, lease, wholesale, dealer banking, and insurance protection products and services to Mazda dealers and customers in the U.S. “The past few… Continue reading @Mazda: MAZDA FINANCIAL SERVICES LAUNCHES BY OFFERING NEW CUSTOMERS PAYMENT DEFERRAL OPTION