TOKYO — Toyota Motor and Nippon Telegraph and Telephone have decided to sign a capital and business tie-up deal, Nikkei learned Tuesday. The companies, which will spend a total of some 200 billion yen ($1.81 billion), will bring together their respective technologies for a project to build a smart city to start in 2021 on a former Toyota plant site… Continue reading Toyota and NTT in tie-up for $1.8bn smart city project
Tag: Toyota
@Toyota: Toyota and Hino to Jointly Develop Heavy-Duty Fuel Cell Truck
Toyota Motor Corporation (Toyota) and Hino Motors Ltd (Hino) have agreed to jointly develop a heavy-duty fuel cell truck and to conduct testing that leads towards its practical application. Both Toyota and Hino have declared ambitious goals to reduce CO2 emissions by 20501 and are continuing to develop electrified vehicle technologies for widespread use. In… Continue reading @Toyota: Toyota and Hino to Jointly Develop Heavy-Duty Fuel Cell Truck
Toyota to halt 5 Japan plants in April as demand slows
NAGOYA, Japan — Toyota Motor said Monday that it will suspend assembly lines at five domestic group plants next month to offset the slump in offshore demand due to the coronavirus pandemic. The Japanese automaker will halt seven lines starting April 3. The shutdowns are slated to last until April 15 at the longest, though… Continue reading Toyota to halt 5 Japan plants in April as demand slows
Suzuki to invest $109m to raise Myanmar factory capacity fourfold
TOKYO — Suzuki Motor announced on Monday that it will increase production at one of its factories in Myanmar. It will introduce a new line for four-wheeled vehicles at its plant in southeastern Yangon that will handle tasks like painting car bodies. Suzuki has two factories in the country. The investment will cost about 12… Continue reading Suzuki to invest $109m to raise Myanmar factory capacity fourfold
Updated March 23: DENSO’s Response to COVID-19
Southfield, Mich. (March 23, 2020) – During these difficult times, DENSO remains committed to protecting the health and safety of its employees while ensuring business continuity. That is why the company has: Aggressively increased sanitation of its facilities, Limited the number of on-site employees, as much as possible, Advised employees who can work from home… Continue reading Updated March 23: DENSO’s Response to COVID-19
Toyota plans to develop fuel cell truck with Hino unit
FILE PHOTO – A man walks past a Toyota logo at the Tokyo Motor Show, in Tokyo, Japan October 24, 2019. REUTERS/Edgar Su TOKYO (Reuters) – Japan’s Toyota Motor Corp on Monday said it would develop a heavy-duty fuel-cell truck with its subsidiary, Hino Motor Co, as it sees hydrogen technology as a zero-emissions alternative… Continue reading Toyota plans to develop fuel cell truck with Hino unit
Why BMW and Mercedes made cheap cars that failed and why they keep trying
German brands such as Mercedes-Benz, BMW, and Audi built their reputations on being purveyors of precise engineering cars, luxurious interiors, cutting-edge technology, and above all, pretty high sticker prices. But increasingly, they are selling cars with prices that are quite average. In their quest to grow volumes and reach a broader chunk of the new… Continue reading Why BMW and Mercedes made cheap cars that failed and why they keep trying
Nissan resumes vehicle production in China’s virus-hit Hubei – The Mainichi
This Feb. 15, 2019 file photo shows the logo of Nissan Motor Co. in Yokohama, near Tokyo. (Kyodo) BEIJING (Kyodo) — Nissan Motor Co. said Friday it has resumed vehicle manufacturing after a one-and-a-half-month hiatus in the central Chinese province of Hubei, which has been hit hard by the rapidly spreading new coronavirus. With the… Continue reading Nissan resumes vehicle production in China’s virus-hit Hubei – The Mainichi
@Toyota: Statement on Reported COVID-19 Infection at Toyota Work Site in Japan
Toyota City, Japan, Mar 20, 2020 – (JCN Newswire) – Today, Toyota has confirmed that a male full-time employee in his 20’s working as an line worker at its Toyota City Takaoka Plant, based in Aichi Prefecture, Japan has been found to be infected with COVID-19. The employee in question reported having a fever on… Continue reading @Toyota: Statement on Reported COVID-19 Infection at Toyota Work Site in Japan
Press Releases – Coronavirus: EU auto industry faces unprecedented crisis
Brussels, 20 March 2020 – The effect of the coronavirus on society and the global economy is unprecedented, with grave consequences for the automobile industry. Indeed, most of the members of the European Automobile Manufacturers’ Association (ACEA) have already announced temporary closures of plants due to collapsing demand, supply shortages, and government measures, and are… Continue reading Press Releases – Coronavirus: EU auto industry faces unprecedented crisis