D he German automakers are becoming increasingly dependent on the Chinese market. Last year Volkswagen sold two out of five cars in China, according to a report published on Tuesday by the Center for Automotive Management (CAM) in Bergisch Gladbach. Audi Every third sold there, BMW every fourth and Daimler every fifth. According to CAM… Continue reading So dependent are the car manufacturers of China
Tag: Toyota
Video Friday: World Cup Fever, Tricopters of Doom, and Generation Robot
Image: ETH Zürich via YouTube Video Friday is your weekly selection of awesome robotics videos, collected by your Automaton bloggers. We’ll also be posting a weekly calendar of upcoming robotics events for the next few months; here’s what we have so far (send us your events!): ICARM 2018 – July 18-20, 2018 – Singapore ICMA 2018 – August… Continue reading Video Friday: World Cup Fever, Tricopters of Doom, and Generation Robot
Forget Jet Packs—Why Don’t We Have Stair-Climbing Wheelchairs?
Photo: MIT Museum Ernesto Blanco invented his stair-climbing wheelchair in 1962 and entered it in a design challenge from the National Inventors Council, a U.S. agency that sought out technologies of potential military use. Blanco even created a one-quarter scale model [above] to show that the design actually worked. Stairs are of course tricky to… Continue reading Forget Jet Packs—Why Don’t We Have Stair-Climbing Wheelchairs?
South Korea imposes millions in fines against Germans Manufacturer
Thursday, 09/11/2017 16:50 South Korea wants to impose fines on the German automakers BMW, Mercedes and Porsche in the amount of 55 million euros. The companies had violated between 2011 and 2016 against exhaust gas requirements, said the Ministry of the Environment in Seoul on Thursday with. BMW thus threatened with 60.8 billion won (47… Continue reading South Korea imposes millions in fines against Germans
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That’s it, Mr. Zetsche
Saturday, 02/24/2018 13:24 clock For weeks it has begun, now it is official. Li Shufu, boss of the Chinese automaker Geely, is with 9.69 percent the largest single shareholder at Daimler , So far, the Kuwait sovereign wealth fund was the largest shareholder with 6.8 percent, the corporation does not have a real anchor shareholder.… Continue reading That’s it, Mr. Zetsche
Where to go with our cars?
D he is American president Donald Trump can not decide. First he sets the import duties for steel and aluminum on ice, just to announce tariffs on imported cars shortly thereafter , The share prices of German automakers are on the stock market, industrial and commercial agents groan, even speak of an “economic disaster”. But… Continue reading Where to go with our cars?
That’s it, Mr. Zetsche
Li Shufu, head of Chinese automaker Geely, joins Daimler as a major shareholder. Hostile takeover? In fact, the group from Stuttgart could be trimmed with it faster on electric mobility. Geely boss Li Shufu Saturday, 24.02.2018 13:24 clock For weeks it has begun, now it is official. Li Shufu, boss of the Chinese automaker Geely,… Continue reading That’s it, Mr. Zetsche
Daimler puts a billion dollars in US location
Daimler wants to expand the electromobility and is investing in a US location. This puts the group in the ranks of competitors, which also put millions in the US market. Thursday, 21.09.2017 21:19 clock Daimler invests a billion dollars for his electric carPlans in the Mercedes location Tuscaloosa in the US state of Alabama. “A… Continue reading Daimler puts a billion dollars in US location
Toyota and Panasonic to Start Feasibility Study of Joint Automotive Prismatic Battery Business
Toyota City, Japan, December 13, 2017-Toyota Motor Corporation (Toyota) and Panasonic Corporation (Panasonic) announce today an agreement to begin studying the feasibility of a joint automotive prismatic battery business. This agreement between the two companies aims to help find solutions to pressing societal issues such as global warming, air pollution, the depletion of natural resources… Continue reading Toyota and Panasonic to Start Feasibility Study of Joint Automotive Prismatic Battery Business
Toyota-Mazda Shared Plant To Crop Up In Alabama Or North Carolina
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Toyota-Mazda Shared Plant To Crop Up In Alabama Or North Carolina
15 Nov 2017, 14:32 UTC · by Mircea Panait
/ Home / News / Industry
Building and selling cars is big business. And in addition to big, it’s complicated business for one too many reasons, chief among which is legislation. In the U.S., for example, it’s easier for foreign automakers to build cars locally because the state will offer incentives. This, in turn, creates jobs, and the pricing advantage over imports is nothing to scoff at.
9 photos Toyota and Mazda find themselves in this situation, with the two announcing that they’re planning on spending $1.6 billion on a plant in the United States that will create 4,000 jobs. The factory would be operational by 2021, but there’s a catch with this promise. And that catch is, Toyota and Mazda have refused to spell out the location where the plant will be.
The background story originates with Donald Trump, who attacked Toyota with a “big border tax” over the automaker’s plan to construct a factory in Guanajuato, Mexico. There, Toyota would’ve produced the Corolla, but once President Trump got in on the action, the Japanese automaker decided that it would be better to build the Tacoma in Mexico.
Trump’s attack wasn’t in vain, for the POTUS convinced Toyota to relegate Corolla production to the United States, at the factory this story is about. Mazda joined Toyota in its ambitious plan, with Mazda announcing that it'll build “new crossover vehicles” at the yet-to-be-constructed plant.
According to Bloomberg, the search for a location for the Toyota-Mazda plant has been narrowed to two states: Alabama and North Carolina. All that’s left to do now is for state officials to sweeten the deal, with Toyota-Mazda expected to take the better offer as far as incentives are concerned.
Whichever state wins, the shared factory is actually a victory for the Trump administration. After all, it is “the first new auto assembly plant to be announced during the tenure of President Donald Trump,” and that’s good news considering Ford will source the next-generation Focus from China.
Editor's note:
Mazda2 Sedan-based Scion iA pictured.
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