Tag: Toyota

@Toyota: Toyota Motor North America Reports March And First Quarter 2020 Sales

COVID-19 pandemic shutters new car sales operations across multiple states; volatile stock market, spike in unemployment negatively impacts sales PLANO, Texas (April 1, 2020) – Toyota Motor North America (TMNA) today reported March 2020 sales of 135,730 vehicles, a decrease of 36.9 percent on a volume basis and down 31.8 percent on a daily selling… Continue reading @Toyota: Toyota Motor North America Reports March And First Quarter 2020 Sales

@Toyota: Toyota Motor Credit Corporation Launches Private Label Business; Announces the Creation of Mazda Financial Services

Mazda Financial Services to offer payment deferral for eligible retail customers PLANO, Texas, April 1, 2020 – Toyota Motor Credit Corporation (TMCC) announced it has launched a private label business with Mazda North American Operations (MNAO), its first-ever client, through the creation of Mazda Financial Services (MFS). Mazda Financial Services began operations today and offers… Continue reading @Toyota: Toyota Motor Credit Corporation Launches Private Label Business; Announces the Creation of Mazda Financial Services

Ford delays restarting production indefinitely

Ford Motor Co. on Tuesday said it will further delay restarting production at its North American plants as the COVID-19 outbreak continues to spread in the United States. The Dearborn automaker last week had shared its intentions to begin manufacturing again at Hermosillo Assembly in Mexico starting next Monday and at select U.S. plants, including… Continue reading Ford delays restarting production indefinitely

@Toyota: Toyota Mobility Foundation Introduces Connected and Sanitized Mobility Services for Healthcare Workers in Support of the Fight Against COVID-19

BANGKOK, Mar 31, 2020 – (JCN Newswire) – Under the unprecedented backdrop of the COVID-19 outbreak and its impact on human lives and every aspect of daily life, Governments around the world are trying to find the best approach to manage the situation, such as medical interventions, lockdowns and travel restrictions that are aimed at… Continue reading @Toyota: Toyota Mobility Foundation Introduces Connected and Sanitized Mobility Services for Healthcare Workers in Support of the Fight Against COVID-19

@Toyota: Toyota Tsusho Invests in Aster Co., Ltd.―Developer of a World-First Coil Production Technique-Contributing to a Society with Low Environmental Impact-

2020-03-30 Toyota Tsusho Corporation (“Toyota Tsusho”) announces it has invested in Aster Co., Ltd. (President: Takenobu Hongo; Head office: Yokote-shi, Akita; “Aster”)–which possesses the innovative motor coil, AST coil*1 technology, through receipt of allocated third party shares. 1. Background Currently, the use of motors is spreading due to the progress of electrification, and making motors… Continue reading @Toyota: Toyota Tsusho Invests in Aster Co., Ltd.―Developer of a World-First Coil Production Technique-Contributing to a Society with Low Environmental Impact-

@Toyota: TMC Announces Organizational, Senior Management, and Personnel Changes

Masatoshi Tashiro ― ZEV B&D Lab (Chief Engineer)Temporary External Transfer fromDaihatsu Motor Co., Ltd. Kohei Yoshida Fuel Cell Fundamental Development Div., Fuel Cell Business Field (General Manager) Concurrently Fuel Cell Advanced Development Dept. (General Manager) Fuel Cell Fundamental Development Div., Fuel Cell Business Field (General Manager) Koichi Matsumoto Operations Management Development Div., Production & Logistics… Continue reading @Toyota: TMC Announces Organizational, Senior Management, and Personnel Changes

Press Releases – COVID-19: Jobs of over 1.1 million EU automobile workers affected so far, data shows

Brussels, 31 March 2020 – The jobs of at least 1,110,107 Europeans working in automobile manufacturing are affected by factory shutdowns as a result of the COVID-19 crisis, according to data compiled by the European Automobile Manufacturers’ Association (ACEA). This figure only refers to those people directly employed by car, truck, van and bus manufacturers… Continue reading Press Releases – COVID-19: Jobs of over 1.1 million EU automobile workers affected so far, data shows

Automaker Toyota suspends vehicle production in Vietnam due to COVID-19 epidemic

HANOI, March 31 (Xinhua) — Toyota Motor Vietnam (TMV) has temporarily suspended vehicle production in order to prevent the COVID-19 outbreak from spreading, Vietnam News Agency reported.
The outbreak has impacted all aspects of business, from economy to society, including the automobile industry, and Toyota dealers in the capital city of Hanoi have temporarily closed showrooms and workshops, the news agency cited Toyota as reporting.
Production resumption will depend on the outbreak situation, market demand, supply chain situation, stocks and the country government's restriction regulations, the news agency reported.
TMV is the second automaker in Vietnam to announce operation suspension due to the impacts of COVID-19. The first was Ford Vietnam which suspended operations at its factory in the northern province of Hai Duong.

@BMW: The Efficient Dynamics success story: BMW writes the next chapter.

Munich. With the introduction of its Efficient Dynamics technology package back in 2007, the BMW Group created a concept that remains unrivalled in the automotive industry to this day. It centered on consistently reducing fuel consumption – and thereby CO2 emissions – on the one hand, while steadily increasing driving pleasure on the other. As… Continue reading @BMW: The Efficient Dynamics success story: BMW writes the next chapter.