Tag: Honda

Toyota boosts profit forecast 34% after sales recovery in China, US

TOKYO — Toyota Motor on Wednesday revised its full-year net income forecast through March to 1.9 trillion yen ($18.1 billion), up 33.8% from its last prediction in November and down 6.7% from the previous year, as the Japanese car giant expands its robust sales momentum in the wake of COVID-19 despite the industry being shaken… Continue reading Toyota boosts profit forecast 34% after sales recovery in China, US

UAW president holds White House talks on vehicle emissions

GM said on Tuesday it was extending production cuts at three North American plants until at least mid-March. By David Shepardson WASHINGTON, – United Auto Workers (UAW) President Rory Gamble held a virtual meeting last week with a top White House environmental official as the Biden administration moves to reverse the rollback in vehicle emissions… Continue reading UAW president holds White House talks on vehicle emissions

How auto industry is changing | Autos | auburnpub.com – Auburn Citizen

Mobileye, an Intel Company All of these changes will transform automakers from product producers to service providers. Ford announced that Spin, its micromobility subsidiary, will launch remotely operated e-scooters to cities in North America and Europe in 2021, with technology that will allow riders to hail one from several blocks away. Honda announced that it… Continue reading How auto industry is changing | Autos | auburnpub.com – Auburn Citizen

CES 2021 – GM CEO Mary Barra And Cadillac Presentation At GM Keynote For Tuesday – Oakland News Now Today Blog

OaklandNewsNow.com, Oakland News Now, Oakland News Right Now, Oakland-News-Now.com, @OaklandNewsNow, Oakland studio apartments, #OaklandNewsNow, #OaklandForever, Oakland Apartments for Rent, oaklandnewsblog.com, Women for America First , Swyft Filings, StreamYard, Bowie Refined Coal, Higher Heights, political power, Black women, jill biden west wing, Ginele Harris, Brendon Woods, Alameda County Public Defender, beyond bright led light as seen… Continue reading CES 2021 – GM CEO Mary Barra And Cadillac Presentation At GM Keynote For Tuesday – Oakland News Now Today Blog

Toyota hikes profit forecast 54%, shrugs off global chip supply issues

By Reuters Staff 2 Min Read TOKYO (Reuters) – Toyota Motor Corp on Wednesday jacked up its full-year earnings forecast by a bigger-than-expected 54% to a record $19 billion, raising its vehicle sales target as global demand led by China rebounds from a coronavirus pandemic-induced slump. FILE PHOTO: A Toyota Motor Corp. logo is seen… Continue reading Toyota hikes profit forecast 54%, shrugs off global chip supply issues

China urges chipmakers to allocate more capacity to China auto market

The ministry also asked the firms to improve logistics efficiency and supply chain coordination to support the industry’s development, according to the statement. BEIJING: China’s industry ministry said on Tuesday it met with automotive and chip companies and asked them to help ease a supply shortage that has forced many automakers across the world to… Continue reading China urges chipmakers to allocate more capacity to China auto market

Nissan and Honda fear fallout from chip crunch

TOKYO — Nissan Motor and Honda Motor on Tuesday both acknowledged heavy burdens to their businesses triggered by semiconductor shortages, with both Japanese car companies cutting their estimates for vehicle sales this fiscal year. The carmakers have revised upwards their full-year bottom line forecasts through March, the second time since November, as they push cost-cutting… Continue reading Nissan and Honda fear fallout from chip crunch

Suzuki to offer hybrid-powered models for all ‘kei’ minicars

TOKYO — Suzuki Motor will aim to equip all of its minivehicles with simple hybrid systems in a few years, Nikkei has learned, as the automobile industry weathers a storm of change amid intensifying competition. The Japanese automaker also plans to develop fuel-efficient high-performance hybrid vehicles and electric vehicles. Japan’s signature miniature vehicles, known as… Continue reading Suzuki to offer hybrid-powered models for all ‘kei’ minicars

Southeast Asia auto sales plunge 29% in 2020 on virus impact

BANGKOK — Sales of new autos in six major Southeast Asian markets declined for a second straight year in 2020, falling 29% as the coronavirus pandemic weighed on the industry. Total sales in Thailand, Indonesia, Malaysia, Vietnam, the Philippines and Singapore sank to 2.44 million vehicles. In April alone, the tally plummeted roughly 80% as authorities imposed restrictions… Continue reading Southeast Asia auto sales plunge 29% in 2020 on virus impact