Toyota City, Japan, May 28, 2020―Toyota Motor Corporation (TMC) announces its sales, production, and export results for April 2020 as well as the cumulative total from January to April 2020, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd. To view more information on the sales, production, and export results by country… Continue reading @Toyota: TMC Announces Results for April 2020
Tag: Manufacturing
Renault poised to announce 15,000 layoffs worldwide: union
FILE PHOTO: A logo of Renault carmaker is pictured at a dealership in Nantes, France, May 26, 2020. REUTERS/Stephane Mahe PARIS (Reuters) – French car maker Renault is poised to announce 15,000 layoffs worldwide on Friday as it unveils a turnaround plan to cope with slumping demand and excess costs, a representative for the CFDT… Continue reading Renault poised to announce 15,000 layoffs worldwide: union
Nissan reports $6.2bn annual net loss, worst in 20 years
TOKYO — Nissan Motor has posted a net loss of 671 billion yen ($6.2 billion) for the year ended in March as the new coronavirus outbreak devastated sales and the carmaker started a big restructuring to cut costs. The annual financial result exceeds the company’s net loss of 233 billion yen for the 12 months… Continue reading Nissan reports $6.2bn annual net loss, worst in 20 years
Nissan to resume US production on Monday
TOKYO — Nissan Motor will begin restarting operations at its U.S. plants on Monday, a move that comes three weeks after Japanese rivals Toyota Motor and Honda Motor resumed North American production. A vehicle assembly plant in Canton, Mississippi, will resume production on Monday, per Nissan’s reopening plan, with one in Smyrna, Tennessee, to follow… Continue reading Nissan to resume US production on Monday
Electric vehicle maker Nio eyes listing of new China entity
(Reuters) – Electric vehicle (EV) maker Nio Inc’s chief executive said it may list its new Nio China entity, as the cash-strapped company eyed a rebound after selling fewer vehicles during the coronavirus outbreak. Chinese electric vehicle start-up NIO Inc., logo is on display on the trading floor of the New York Stock Exchange (NYSE)… Continue reading Electric vehicle maker Nio eyes listing of new China entity
UPDATE 2-Electric vehicle maker Nio eyes listing of new China entity
(Reuters) – Electric vehicle (EV) maker Nio Inc’s chief executive said it may list its new Nio China entity, as the cash-strapped company eyed a rebound after selling fewer vehicles during the coronavirus outbreak. Chinese electric vehicle start-up NIO Inc., logo is on display on the trading floor of the New York Stock Exchange (NYSE)… Continue reading UPDATE 2-Electric vehicle maker Nio eyes listing of new China entity
Exclusive: Nissan settles dispute with Indian state over unpaid dues – sources
NEW DELHI/CHENNAI (Reuters) – Nissan Motor Co (7201.T) has agreed to settle a long-running dispute with the Indian state of Tamil Nadu after claiming it was owed 50 billion rupees ($660 million) in unpaid dues and damages, six sources told Reuters. FILE PHOTO: Nissan Motor’s logo is pictured at its headquarters in Yokohama, Japan February… Continue reading Exclusive: Nissan settles dispute with Indian state over unpaid dues – sources
News – Post-corona recovery plan taking shape as auto industry makes concrete recommendations to Commission
At EU level, the first tangible proposals to help Europe’s auto industry overcome the massive fallout of the COVID-19 pandemic, while facing the monumental challenge of making the transition to carbon-neutral mobility, were presented yesterday. The fact is that we are far from a done deal, as many hurdles still need to be overcome. Over… Continue reading News – Post-corona recovery plan taking shape as auto industry makes concrete recommendations to Commission
@Honda: Honda Releases Consolidated Financial Summary for the Fiscal 4th Quarter and the Fiscal Year Ended March 31, 2020
TOKYO, May 12, 2020 – (JCN Newswire) – Honda Motor Co., Ltd. announced its consolidated financial results for the fiscal fourth quarter and the fiscal year ended March 31, 2020. The spread of COVID-19 pandemic has stagnated both consumer spending and the economic activities of businesses on a global basis, and future prospects remain uncertain… Continue reading @Honda: Honda Releases Consolidated Financial Summary for the Fiscal 4th Quarter and the Fiscal Year Ended March 31, 2020
@Honda: Honda Releases Production, Sales and Export Results for March 2020 and April 2019 – March 2020
TOKYO, Apr 28, 2020 – (JCN Newswire) – Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales and export results for the fiscal year ended March 31, 2020 as well as for the month of March 2020. World Production April 2019 – March 2020 – Production in Japan experienced a… Continue reading @Honda: Honda Releases Production, Sales and Export Results for March 2020 and April 2019 – March 2020