Hyundai to halt South Korea output as virus disrupts China parts supply

SEOUL (Reuters) – Hyundai Motor (005380.KS) said it will suspend production in South Korea due to the coronavirus outbreak disrupting parts supply, becoming the first major automaker to do so outside of China. FILE PHOTO: A man walks past the logo of Hyundai Motor during the 2019 Seoul Motor Show in Goyang, South Korea, March… Continue reading Hyundai to halt South Korea output as virus disrupts China parts supply

@Hyundai: About Seamless Technology

‘Seamless’ is one of the keywords that automakers are using these days. Just as its definition, ‘smooth and continuous, with no apparent gaps or spaces between one part and the next,’ implies, this adjective is usually for the design industry. However, this word could also mean something else. ‘Seamless connection’ is a popular paradigm for… Continue reading @Hyundai: About Seamless Technology

@GM: Chevrolet Colorado ZR2 Bison Named First-Ever Overland Truck of the Year

Chevrolet Colorado ZR2 Bison Named First-Ever Overland Truck of the Year 2020-02-03 DETROIT – Overland Journal has named the Chevrolet Colorado ZR2 Bison its first Overland Truck of the Year. In their review, the editors praised the Bison as “one of the most exceptional overland trucks ever sold in North America.” For the inaugural competition,… Continue reading @GM: Chevrolet Colorado ZR2 Bison Named First-Ever Overland Truck of the Year

Veoneer Completes Divestiture of Japan and China Operations of Brake System Joint Venture

STOCKHOLM, Feb. 3, 2020 /PRNewswire/ — Veoneer, Inc. (NYSE: VNE) (SSE: VNE SDB), the world’s largest pure-play company focused on Advanced Driving Assistance Systems and Automated Driving, has completed the sale of its 51% ownership in the Japanese (VNBJ) and Chinese (VNBZ) entities that comprise Veoneer Nissin Brake Systems (VNBS) to its joint venture partner Nissin-Kogyo… Continue reading Veoneer Completes Divestiture of Japan and China Operations of Brake System Joint Venture

Toyota uses big data to guard against accelerator-brake mix-up

FILE PHOTO: Toyota logo is seen in Tokyo Motor Show in Tokyo, Japan October 24, 2019. REUTERS/Soe Zeya Tun/File Photo TOKYO (Reuters) – Toyota Motor Corp unveiled an emergency safety system on Monday that uses big data to ignore the accelerator if it determines the driver steps on the pedal unintentionally. Japan’s biggest car maker… Continue reading Toyota uses big data to guard against accelerator-brake mix-up

Honda decides to put off restart of Wuhan plants

TOKYO (Jiji Press) — Honda Motor Co. said Thursday that it has decided to keep its automobile plants in Wuhan, China, the epicenter of the outbreak of a new coronavirus, closed until Feb. 13.The Japanese automaker earlier planned to keep the facilities offline through next Sunday in line with th…

Honda supplier to shift production from Wuhan to Philippines

TOKYO — Honda Motor‘s major car parts supplier Ftech is to move its brake pedal production from Wuhan, China, to the Philippines amid the new coronavirus outbreak. Operations at the Wuhan factory have been suspended and are unlikely to resume soon. If the coronavirus continues spreading, other companies are likely to follow Ftech’s move. Numerous… Continue reading Honda supplier to shift production from Wuhan to Philippines

Techstars Detroit accelerator is shutting down

Techstars Detroit, the accelerator that has funded 54 startups in the past five years, is shutting down, TechCrunch has learned. In an email to supporters, Techstars Detroit managing director Ted Serbinski said the accelerator was not able to secure enough funding for 2020. “It’s clear the entire automotive mobility industry is tightening as sales slump… Continue reading Techstars Detroit accelerator is shutting down

@Honda: Honda Sets All-time Calendar Year Records for Automobile Production in China

Honda Motor Co., Ltd. today announced a summary of automobile production, Japan domestic sales, and export results for the year of 2019 as well as for the month of December 2019. World Production   Dec. 2019 YOY Jan-Dec2019 Acc. YOY Japan 50,724 62.0% 843,056 94.6% Outside of Japan 312,280 91.9% 4,327,539 96.9% North America 101,110… Continue reading @Honda: Honda Sets All-time Calendar Year Records for Automobile Production in China

Daiichi Sankyo harnesses ‘old’ R&D to strike cancer drug gold

TOKYO — Daiichi Sankyo, a Japanese drugmaker that has not had a blockbuster product for nearly a decade, is surging in market value, joining the 5 trillion yen ($46 billion) club that also includes such marquee names as Nintendo and Honda Motor. The drugmaker pulled off a major breakthrough in cancer treatment using traditional research methods largely… Continue reading Daiichi Sankyo harnesses ‘old’ R&D to strike cancer drug gold