Tag: Toyota

Toyota says it reported Thai bribery probe to U.S. SEC and DoJ

By Reuters Staff 1 Min Read FILE PHOTO: A man walks past a Toyota logo at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su/File Photo (Reuters) – Toyota Motor Corp said on Thursday it had reported possible violations of anti-bribery laws involving a subsidiary in Thailand to the U.S. Securities and… Continue reading Toyota says it reported Thai bribery probe to U.S. SEC and DoJ

Air taxi startup Volocopter eyes fresh capital, SPAC an option: CEO

By Nadine Schimroszik, Douglas Busvine 3 Min Read BERLIN (Reuters) – German air taxi startup Volocopter plans to raise fresh funds from investors, its Chief Executive Florian Reuter said on Thursday, adding that a deal to go public via a special purpose acquisition company (SPAC) was one option. FILE PHOTO: A Volocopter air taxi performs… Continue reading Air taxi startup Volocopter eyes fresh capital, SPAC an option: CEO

Renault sees its electric, hybrid car sales doubling in 2021: sources

By Gilles Guillaume 3 Min Read PARIS (Reuters) – France’s Renault expects its sales of electric and hybrid cars to more than double to 350,000 in 2021, two sources close to the company said, as automakers battle to get ahead in cleaner driving. FILE PHOTO: A logo of Renault carmaker is pictured at a dealership… Continue reading Renault sees its electric, hybrid car sales doubling in 2021: sources

Why Japan’s carmaking heavyweights could be facing an electric shock

Japan’s traditional carmaking giants need to raise their game in the race to develop pure, battery-driven electric vehicles or risk being left behind by Chinese, American and European producers, analysts have warned. Despite dominating car production in Asia for decades, Japan’s big players have been slow to fully develop the battery-only technology that is now… Continue reading Why Japan’s carmaking heavyweights could be facing an electric shock

Toyota, Honda cut North America production amid supply chain woes

By David Shepardson 2 Min Read FILE PHOTO: The Toyota logo is seen on a Corolla model at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse WASHINGTON (Reuters) – Toyota Motor Corp and Honda Motor Co Ltd announced on Wednesday new North American production cuts, citing supply chain issues… Continue reading Toyota, Honda cut North America production amid supply chain woes

@Toyota: The Aygo X prologue, a New Vision for the A-segment

Aygo has been consistently recognised for its bold, stand-out design in the A-segment for city cars. Now ED2, Toyota’s European design headquarters in the South of France, is determined to offer small car customers even more boldness and spice. For most of the 21st century, Toyota has been a leader in the European A-segment. Committing… Continue reading @Toyota: The Aygo X prologue, a New Vision for the A-segment

Toyota partially halts 4 North American plants amid plastics shortage

NEW YORK — Toyota Motor will suspended some production at four plants in the U.S. and Mexico, Nikkei learned Wednesday, owing to a disruption in supplies of plastic components and other parts after winter storm-related power outages in Texas. Some of the plants appear to have begun adjusting production around Thursday last week. The plants in question… Continue reading Toyota partially halts 4 North American plants amid plastics shortage

Toyota cutting some North America production this week

By Reuters Staff 2 Min Read FILE PHOTO: The Toyota logo is seen on a Corolla model at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Denis Balibouse WASHINGTON (Reuters) – Toyota Motor Corp said on Wednesday it will cut some production this week at plants in Kentucky, West Virginia and… Continue reading Toyota cutting some North America production this week

Volkswagen abruptly pulls plug on South Korean battery makers

By Heekyong Yang, Yilei Sun and Christoph Steitz SEOUL/BEIJING/FRANKFURT: Days before Volkswagen AG held an event to announce a major ramp-up in its electric vehicle production, the German car maker abruptly told its South Korean battery suppliers their current technology would be largely excluded from those plans. The decision by the world’s second largest automaker… Continue reading Volkswagen abruptly pulls plug on South Korean battery makers