FILE PHOTO: Employees wearing protective masks work at the Toyota Motor Manufacturing France plant as it resumes its operations after five weeks of closure during a lockdown amid the coronavirus disease (COVID-19) outbreak, in Onnaing, France, April 23, 2020. REUTERS/Pascal Rossignol TOKYO (Reuters) – Toyota Motor Corp (7203.T) posted a 98% plunge in its first-quarter… Continue reading Toyota’s first-quarter profit nearly wiped out as coronavirus erodes car sales
Tag: Toyota
Ford’s Farley rode iconic Ford brands, customer needs to CEO’s office
Jim Farley rose through the ranks to become Ford Motor Co.’s next CEO by understanding what the customer wants, leveraging the Blue Oval’s icons and learning from the successes of others, industry observers say. Farley, 58, will replace CEO Jim Hackett on Oct. 1, the company confirmed Tuesday, returning Ford’s top job to an industry veteran schooled at Toyota Motor… Continue reading Ford’s Farley rode iconic Ford brands, customer needs to CEO’s office
Electric vehicle charge network ChargePoint bags $127 million from investors
FILE PHOTO: An electric car is charged by a mobile charging station on a street in Prague, Czech Republic, December 4, 2018. Picture taken December 4, 2018. REUTERS/David W Cerny/File Photo (Reuters) – ChargePoint, one of the world’s oldest and largest electric vehicle charging networks, has closed on a $127 million funding round, much of… Continue reading Electric vehicle charge network ChargePoint bags $127 million from investors
@niche: Nikola Corporation Reports Second Quarter Results
Business Combination with VectoIQ Completed Global Manufacturing Head and Nikola Energy Company President Added to World-Class Team Nikola Manufacturing Facility Buildout Continues in Ulm, Germany Nikola Breaks Ground for Greenfield Manufacturing Facility in Coolidge, Arizona August 4, 2020 — Phoenix, Arizona — Nikola Corporation (Nasdaq:NKLA), a global leader in zero-emissions transportation systems, today reported financial… Continue reading @niche: Nikola Corporation Reports Second Quarter Results
Ford CEO Jim Hackett to retire; Chief Operating Officer Jim Farley will take helm
CLOSE Jim Farley, of Ford Motor Co., reflects on his time at the company and how his love of cars has helped his career and embrace change in the industry. Detroit Free Press Ford Motor Co. announced Tuesday that CEO Jim Hackett will retire from the company he has led since May 2017, and Chief Operating… Continue reading Ford CEO Jim Hackett to retire; Chief Operating Officer Jim Farley will take helm
Toyota’s New $3 Million Hypercar Coming Soon – CarBuzz
It will be a road-going version of Toyota’s upcoming Hypercar Class Le Mans racer. We’ve been eagerly anticipating the debut of the new Hypercar Class at this year’s 24 Hour of Le Mans race, which will replace the current LMP1 class. Originally, the famous endurance race was scheduled to take place in June this year… Continue reading Toyota’s New $3 Million Hypercar Coming Soon – CarBuzz
Stoneacre Motor Group acquires Hodgson Newcastle Ltd car dealership group
Stoneacre Motor Group has continued to drive past its former £1 billion turnover growth target with the acquisition of the Hodgson Newcastle Ltd car dealership group. The AM100 retail group told AM that the acquisition had been postponed following the outbreak of COVID-19 coronavirus but was completed last week under the deal’s initial terms. “A… Continue reading Stoneacre Motor Group acquires Hodgson Newcastle Ltd car dealership group
China embarks on charm offensive toward Japanese companies
BEIJING — At a symposium with entrepreneurs in July, Chinese President Xi Jinping praised the founder of Japanese electronics company Panasonic as a visionary alongside the likes of Thomas Edison. “Konosuke Matsushita was not only an authority on management, but an authority on innovation,” the leader said at the event in Beijing. A Panasonic representative was among… Continue reading China embarks on charm offensive toward Japanese companies
Japan’s battery startups take the world beyond lithium ion
OSAKA — Companies racing to introduce the successor to the batteries that power everything from our smartphones to drones to electric cars are closing in on their goal. But they are not alone. Startups have joined the fray to develop technologies for higher-performance power packs that can relegate today’s lithium-ion batteries to an earlier stage… Continue reading Japan’s battery startups take the world beyond lithium ion
@Toyota: Using AI to predict new materials with desired properties
Tsukuba, Japan, Aug 1, 2020 – (ACN Newswire) – Scientists in Japan have developed a machine learning approach that can predict the elements and manufacturing processes needed to obtain an aluminum alloy with specific, desired mechanical properties. The approach, published in the journal Science and Technology of Advanced Materials, could facilitate the discovery of new… Continue reading @Toyota: Using AI to predict new materials with desired properties