Nissan’s record loan guarantee spotlights lack of transparency

TOKYO — The Japanese government’s de facto guarantee of a record 130 billion yen ($1.22 billion) in emergency loans to Nissan Motor underscores a lack of transparency over coronavirus-related rescue programs for businesses. The Development Bank of Japan extended over 1.88 trillion yen in crisis response loans between March and July as the virus damaged the national and… Continue reading Nissan’s record loan guarantee spotlights lack of transparency

@VW Group: Porsche tackles Road Atlanta from pole position

Qualifying Driving the No. 911 Porsche 911 RSR, Nick Tandy from Great Britain turned the fastest lap in the GTLM class at Road Atlanta setting a time of 1:16.167 minutes. His works driver teammate Laurens Vanthoor from Belgium planted the second works-RSR with the number 912 on position four. With this, Tandy added to his… Continue reading @VW Group: Porsche tackles Road Atlanta from pole position

Tesla CEO Elon Musk meets with VW CEO, gets preview of ID.3 and ID.4 electric cars

Tesla CEO Elon Musk had a special meeting with VW CEO Hebert Diess where he got a preview of the ID.3 and ID.4 electric cars. As we have been reporting over the last few days, Musk has been in Germany to visit a few projects related to Tesla. Musk visited several German officials and they… Continue reading Tesla CEO Elon Musk meets with VW CEO, gets preview of ID.3 and ID.4 electric cars

Bill Ford: We have to keep work-at-home healthy for employees – Detroit Free Press

For Bill Ford Jr., workdays and weekends have begun to blend together. Pretty much — he said — like everybody else lately. Ford plays a key role in running a multibillion-dollar global automotive company founded by his great-grandfather. The pace has always been fierce. But this is dealing with life during a pandemic. “I’m still going to… Continue reading Bill Ford: We have to keep work-at-home healthy for employees – Detroit Free Press

GM, Honda to jointly develop vehicles in North America, expanding consolidation

(Reuters) – General Motors (GM.N) and Honda Motor Co (7267.T) on Thursday revealed plans to team up in North America to make a range of vehicles, deepening their ties as the auto industry comes under greater pressure to share technology and costs to meet demands for cleaner vehicles. FILE PHOTO: The GM logo is pictured… Continue reading GM, Honda to jointly develop vehicles in North America, expanding consolidation

@Toyota: Production Under Way for the new Toyota GR Yaris at new Toyota Gazoo Racing Factory

Production of the GR Yaris performance hatch is under way at a brand-new Toyota Gazoo Racing facility in Japan. The first car came off the line last week, bringing the hotly anticipated “homologation special” model another step closer to its arrival in the UK this autumn. A return to sports car production gave Toyota engineers… Continue reading @Toyota: Production Under Way for the new Toyota GR Yaris at new Toyota Gazoo Racing Factory

@Toyota: Toyota Tsusho Propels Toyota Compact Car Sales, Anticipating Expansion of the Middle-Class Market in Africa- First Step for Collaboration with Suzuki in Africa –

2020-09-01 Toyota Tsusho Corporation (“Toyota Tsusho”) announces that it will start sales of Toyota Starlet, a compact car under the Toyota brand in the African market, with the OEM supply from Suzuki Motor Corporation (“Suzuki”) in India. Sales will be initiated in South Africa from mid-September of this year. Sales will then be successively expanded… Continue reading @Toyota: Toyota Tsusho Propels Toyota Compact Car Sales, Anticipating Expansion of the Middle-Class Market in Africa- First Step for Collaboration with Suzuki in Africa –

@Toyota: Toyota Land Cruiser Powers up for Autumn with new Engine and Equipment Features

New 2.8-litre engine with stop and start, giving both more power and efficiency for Land Cruiser and Land Cruiser Commercial models Four-cylinder turbodiesel unit produces 201bhp and 500Nm of torque 0-62mph acceleration cut to less than 10 seconds* Multimedia upgrade with Apple CarPlay/Android Auto smartphone integration as standard on all models Extension of Toyota Safety… Continue reading @Toyota: Toyota Land Cruiser Powers up for Autumn with new Engine and Equipment Features

@Toyota: Toyota and Honda to Begin Demonstration Testing of a Mobile Power Generation/Output System to Deliver a Secure Supply of Electricity in Times of Disaster

Toyota Motor Corporation works to develop and manufacture innovative, safe and high-quality products and services that create happiness by providing mobility for all. We believe that true achievement comes from supporting our customers, partners, employees, and the communities in which we operate. Since our founding over 80 years ago in 1937, we have applied our… Continue reading @Toyota: Toyota and Honda to Begin Demonstration Testing of a Mobile Power Generation/Output System to Deliver a Secure Supply of Electricity in Times of Disaster

@Honda: Toyota, Honda to Begin Moving e Demonstration Testing

Tokyo, JAPAN, August 31, 2020 – Toyota Motor Corporation (Toyota) and Honda R&D Co., Ltd. (Honda) will create a mobile power generation/output system, Moving e, that consists of a fuel cell bus that can carry a large amount of hydrogen, portable external power output devices and portable batteries, and will begin demonstration testing of the… Continue reading @Honda: Toyota, Honda to Begin Moving e Demonstration Testing