This story originally appeared on WIRED en Español and has been translated from Spanish. China has positioned itself as the main car supplier in Mexico, with exports reaching $4.6 billion in 2023, according to data from Mexico’s Secretariat of Economy. The Chinese automaker BYD surpassed Honda and Nissan to position itself as the seventh largest… Continue reading China Conquers Mexico’s Automotive Market, and the US Is Worried
Tag: Toyota
@Toyota: How Energy Observer Set Sail with a Toyota Fuel Cell
What an Around-the-World Experimental Ocean Voyage Taught the World About Hydrogen Five years ago, Toyota answered a call inquiring about its hydrogen-powered fuel cell technology from Energy Observer, an experimental ocean-going catamaran with a mission to circle the globe using only renewable energy. Thoughtfully built as the first hydrogen-powered, zero-emission vessel to be self-sufficient in… Continue reading @Toyota: How Energy Observer Set Sail with a Toyota Fuel Cell
@Toyota: Toyota Recalls Certain 2023 and 2024 Sequoia Vehicles
PLANO, Texas (Aug. 26, 2024) — Toyota is conducting a safety recall involving certain model year 2023-2024 Sequoia vehicles in the North, Central and South America as well as the Middle East. Approximately 45,300 vehicles are involved in this recall in total, with approximately 43,400 in the U.S. The resin tow hitch cover could separate… Continue reading @Toyota: Toyota Recalls Certain 2023 and 2024 Sequoia Vehicles
Hyundai and Kia Score Credit Ratings Boost, Strengthening Status as Global Automotive Players
South Korean automotive brands follow up on credit ratings upgrades from earlier in 2024 with raise to ‘A-‘ by ratings agency S&P Global Diverse product lineup and balance of hybrids and fully electric models responsible for three positive ratings upgrades since February Hyundai and Kia’s electrification strategy to underpin strong projected financials SEOUL, South Korea,… Continue reading Hyundai and Kia Score Credit Ratings Boost, Strengthening Status as Global Automotive Players
Best project cars 2024
It wasn’t so long ago that used IS200s and IS300s were almost everywhere, but their numbers have dwindled in recent years. Being rear-wheel drive, and standing up to punishment, they’ve become popular budget track and drift cars. This means plenty have endured welded differentials, bolt-on arch extensions, and ended their lives in tyre barriers, but… Continue reading Best project cars 2024
@Toyota: Establishment of a Joint Venture Company for Local Production of Automotive Press Parts in South Africa ~Contributing to Improved Local Procurement Ratio and Job Creation in the Region~
2024-08-26 Toyota Tsusho Africa (“TTAF”), a group company of Toyota Tsusho Corporation, in collaboration with Ogihara Thailand Company (“OTC”), has established Ogihara South Africa (“OSA”) in the Republic of South Africa (“South Africa”) which will manufacture automotive press parts for Toyota South Africa Motors (“TSAM”). The joint venture is 49% owned by TTAF and 51%… Continue reading @Toyota: Establishment of a Joint Venture Company for Local Production of Automotive Press Parts in South Africa ~Contributing to Improved Local Procurement Ratio and Job Creation in the Region~
@Toyota: Toyota Financial Services Announces Executive Changes
PLANO, Texas (Aug. 26, 2024) – Toyota Financial Services (TFS) is pleased to announce the following executive changes: Tellis Bethel, Toyota Motor North America (TMNA) group vice president, chief social innovation officer and chief diversity officer, has been appointed president and CEO of Toyota Financial Savings Bank (TFSB). In this capacity, Bethel is responsible for… Continue reading @Toyota: Toyota Financial Services Announces Executive Changes
Illinois Auto Dealer Named the 2024 Ally Sees Her Award Winner for Her Leadership in the Auto Industry and Her Commitment to Community
Karen Sutton-Ford, dealer principal at Sutton Ford in Matteson, Ill., was honored at National Association of Minority Automobile Dealers conference in Miami MIAMI, Aug. 26, 2024 /PRNewswire/ — Karen Sutton-Ford, dealer principal of Sutton Ford in Matteson, Ill., has been named the winner of the prestigious Ally Sees Her Award. Established by Ally Financial and the… Continue reading Illinois Auto Dealer Named the 2024 Ally Sees Her Award Winner for Her Leadership in the Auto Industry and Her Commitment to Community
Hyundai and Kia Score Credit Ratings Boost, Strengthening Status as Global Automotive Players
South Korean automotive brands follow up on credit ratings upgrades from earlier in 2024 with raise to ‘A-‘ by ratings agency S&P Global Diverse product lineup and balance of hybrids and fully electric models responsible for three positive ratings upgrades since February Hyundai and Kia’s electrification strategy to underpin strong projected financials SEOUL, South Korea,… Continue reading Hyundai and Kia Score Credit Ratings Boost, Strengthening Status as Global Automotive Players
Hyundai Motor Group Companies’ Ratings Upgraded by Global Top Rating Agencies
Hyundai Motor and Kia receive series of rating raises in 2024 from major global credit ratings agencies Upgrade for Hyundai and Kia follows strong financial performance and improved competitiveness of diverse product lineup Latest ratings upgrade comes ahead of Hyundai Motor CEO Investor Day on Wednesday 28th August, set to outline future strategy and financials… Continue reading Hyundai Motor Group Companies’ Ratings Upgraded by Global Top Rating Agencies