The SKD manufacturing technique involves turning partially assembled kits into finished vehicles, while CKD puts together cars from parts delivered to the site. South Africa has secured commitments from Chinese and Indian car companies to upgrade their semi-knocked-down (SKD) vehicle assembly operations to full-scale manufacturing, the South African trade minister said on Thursday, as industry… Continue reading South Africa secures China, India investments to boost local auto manufacturing
Tag: Toyota
Hesai Becomes the World’s First Lidar Company to Produce 1 Million Units in 2025
PALO ALTO, Calif., Oct. 3, 2025 /PRNewswire/ — Hesai Technology (NASDAQ: HSAI; HKEX: 2525), a global leader in lidar solutions, today announced the production of its 1,000,000th lidar unit in 2025, making it the first lidar company worldwide to exceed one million units in annual production. This achievement underscores Hesai’s capability to deliver large-scale, high-quality… Continue reading Hesai Becomes the World’s First Lidar Company to Produce 1 Million Units in 2025
@Toyota: Toyota Financial Services Announces Executive Changes
PLANO, Texas (Oct. 2, 2025) – Toyota Financial Services (TFS) is pleased to announce the following executive changes that further strengthen the organization through the recognition and advancement of highly capable leaders. Alec Hagey, senior vice president and chief operating officer, assumes the role of executive advisor to the president. In this newly created position,… Continue reading @Toyota: Toyota Financial Services Announces Executive Changes
@Toyota: How Toyota is Helping to Mentor the Leaders of Tomorrow
At Toyota, the road to innovation isn’t paved by vehicles alone—it’s also driven by people. One way to ensure that it has the best and brightest leaders to fuel the next generation is through mentorship opportunities. While Toyota team members can mentor within the organization, some members also volunteer their time to help inspire and… Continue reading @Toyota: How Toyota is Helping to Mentor the Leaders of Tomorrow
US auto sales keep motoring higher despite uncertainty
GM is expected to hold on to its top spot during the quarter, followed by Toyota and Ford, according to Cox. Tesla’s sales are expected to drop by nearly 6 per cent. US auto sales are expected to rise about 6 per cent for the third quarter, as Americans continue to buy cars at a… Continue reading US auto sales keep motoring higher despite uncertainty
September sees record auto sales with GST cuts boosting customer sentiment
Both Maruti Suzuki and M&M reiterated the reality of logistical constraints due to limited trailer availability and are working to improve despatches. The reduction in GST rates has been a huge sentiment booster for auto sales in the ongoing festive season. Passenger vehicles led the charge in September with high single-digit growth in domestic wholesales… Continue reading September sees record auto sales with GST cuts boosting customer sentiment
Nissan Juke named Britain’s least reliable new car
The pure-petrol Nissan Juke has been judged to be the least reliable car in the UK, with owners reporting huge repair bills. That is according to Autocar sibling publication What Car?’s 2025 Reliability Survey, which revealed that 24% of petrol Juke owners reported a fault. That gave it the lowest score of all models in the survey. The survey,… Continue reading Nissan Juke named Britain’s least reliable new car
Toyota’s EV sales crashed, but here’s what’s really going on
Toyota’s electric vehicle sales plunged as it prepares for a new wave of models. The new EVs are bringing much-needed upgrades, including more range, faster charging, revamped designs, and more. Toyota’s EV sales crashed in Q3 as new models roll out Despite most automakers reporting record EV sales as buyers rushed to claim the $7,500… Continue reading Toyota’s EV sales crashed, but here’s what’s really going on
Record EV sales lead GM, Ford to 8% increases in Q3 U.S. auto sales
Ford Mustang Mach-E and F-150 Lightning on display at the New York International Auto Show on March 28, 2024. Danielle DeVries | CNBC DETROIT – Strong electric vehicle sales are leading to robust third-quarter results for major automakers, as consumers flocked to car dealerships before the end of $7,500 in federal incentives for EVs. Ford Motor,… Continue reading Record EV sales lead GM, Ford to 8% increases in Q3 U.S. auto sales
Ford CEO Jim Farley eyes further improvements after five years of ‘surprises,’ including investor returns
Jim Farley, president and chief executive officer of Ford Motor Co., at Ford Pro Accelerate in Detroit, Michigan, US, on Tuesday, Sept. 30, 2025. Jeff Kowalsky | Bloomberg | Getty Images DETROIT — “A lot of surprises.” That’s how Ford Motor CEO Jim Farley described his past five years leading the Detroit automaker, which he… Continue reading Ford CEO Jim Farley eyes further improvements after five years of ‘surprises,’ including investor returns