Tag: Toyota

Honda aims to phase out diesel vehicles in Europe by 2021

Sponsored Links jetcityimage via Getty Images The backlash against diesel following the Dieselgate scandal continues, especially in Europe. With a ruling in a German court that cities have the right to ban diesel motors all together, and Germany’s federal council calling for a ban on new internal combustion engine vehicles by 2030, manufacturers are scrambling… Continue reading Honda aims to phase out diesel vehicles in Europe by 2021

Toyota trawls for big spenders with $4m Lexus yacht

TOKYO — Toyota Motor has unveiled the first yacht under its Lexus luxury brand, with a 450 million yen ($4.17 million) price tag in Japan that aims it squarely at the super-rich. The LY 650 will launch in Japan, the U.S. and Canada on Oct. 30. The 20-meter vessel combines Toyota’s shipbuilding expertise with the… Continue reading Toyota trawls for big spenders with $4m Lexus yacht

Indus Motor shuts down plant

Indus Motor Company (IMC), the maker of Toyota vehicles, has decided to shut down all production for the remaining days of September, bringing the total number of “non-production days” (NPDs) to 15 in the month due to continuing fall in demand.Toyota Hilux production and sales plunged to 793units and 716 units from 1,383 and units 1,292 units, a drop of 42pc and 44pc respectively.Further, production and sales of Toyota Fortuner came down to 232 units and 162 units from 484 units and 424 units, a drop of 52pc and 62pc respectively.

Wunder Mobility Announces U.S. Launch to Innovate, Build and Scale Mobility Services for Companies, Municipalities and Fleet Operators

LOS ANGELES, Sept. 19, 2019 /PRNewswire/ — Wunder Mobility, the fastest-growing mobility technology company in Europe, today announced its official U.S. headquarters based in Los Angeles. The company also announced it has completed $60 million in Series B financing from existing investors, including Blumberg Capital and KCK. The expansion and new capital will enhance Wunder Mobility’s capabilities… Continue reading Wunder Mobility Announces U.S. Launch to Innovate, Build and Scale Mobility Services for Companies, Municipalities and Fleet Operators

Battered carmaker: Nissan wants to save itself with division sale

Jae C. Hong / AP Nissan showroom in Tokyo: The car maker is struggling with a profit slump, weak sales and a leadership chaos The weakening Japanese carmaker Nissan Show stock market chart According to circles, the sale of its parts trading division wants to flush fresh money into the cash register. The subsidiary Nissan… Continue reading Battered carmaker: Nissan wants to save itself with division sale

Toyota Installs Stationary Fuel Cell Generator Based on the Mirai FC System at its Honsha Plant in Japan

Sep. 18, 2019 Toyota City, Japan, September 18, 2019―Toyota Motor Corporation (Toyota) announces it has developed a stationary fuel cell generator (FC generator) that makes use of the fuel cell system (FC system) equipped in the Mirai Fuel Cell Electric Vehicle (FCEV). The FC generator has been installed within the Honsha Plant grounds in Toyota… Continue reading Toyota Installs Stationary Fuel Cell Generator Based on the Mirai FC System at its Honsha Plant in Japan

Toyota Injects $391 Million New Investment in Its San Antonio Assembly Plant

As part of Toyota’s commitment to help San Antonio’s workforce and education, Alamo Promise will receive a $500,000 donation from Toyota Texas over a five-year period. Alamo Promise’s mission is to end poverty, enhance economic and social mobility and meet workforce demands throughout the city. Separately, Aisin AW, a supplier to Toyota Texas and other… Continue reading Toyota Injects $391 Million New Investment in Its San Antonio Assembly Plant