@Toyota: Toyota Announces Adjustments to Domestic Production (as of April 15)

Toyota City, Japan, Apr 15, 2020 – (JCN Newswire) – Due to the effects of COVID-19 on the current market and the decline in demand of new vehicles globally, Toyota intends to make gradual adjustments in production operations at all plants for completed vehicles in Japan, starting from May 1. Specifically, we have decided to… Continue reading @Toyota: Toyota Announces Adjustments to Domestic Production (as of April 15)

@Toyota: Steadfast Confidence in Perilous Times

Amid Unprecedented Challenges, Ted Ogawa Assumes Role as Toyota Motor North America Chief When Ted Ogawa was announced as Toyota Motor North America’s (TMNA) new president and CEO earlier this year, he didn’t know he’d be stepping directly into an unprecedented crisis. But there was Ogawa on April 1 – his first day on the… Continue reading @Toyota: Steadfast Confidence in Perilous Times

First quarter 2020 results

Amsterdam, the Netherlands, 15 April 2020 7:00 AM CEST FINANCIAL SUMMARY FIRST QUARTER 2020 Group revenue decreased by 23% to €131 million (Q1 ’19: €170 million) Location Technology revenue of €91 million (Q1 ’19: €103 million) Automotive operational revenue decreased by 2% to €85 million (Q1 ’19: €87 million) Free cash flow is an inflow… Continue reading First quarter 2020 results

Michelin and Enviro partner to develop an innovative technology to transform used tires into raw materials

Michelin and Enviro partner to develop an innovative technology to transform used tires into raw materials For the tire industry and its customers, recycling is a major issue. Each year, about 1 billion tires reach the end of their life. Thanks to this recycling technology, tires considered as used give birth to new quality raw… Continue reading Michelin and Enviro partner to develop an innovative technology to transform used tires into raw materials

ZF Partners with Detroit Sewn to Manufacture 100,000 Face Masks for Community

Developed for frontline healthcare workers and individuals in the community with high risk for infection, such as soup kitchens, nursing homes and other essential organizations, these masks will contribute to the fight against the contagion as ZF shifts production of some of its normal automotive safety products to this now critically needed item. “The world… Continue reading ZF Partners with Detroit Sewn to Manufacture 100,000 Face Masks for Community

@GM: First General Motors-Ventec Critical Care V+Pro Ventilators Ready for Delivery KOKOMO, Ind. , April 14, 2020 /PRNewswire/ — General Motors Co. (NY…

KOKOMO, Ind., April 14, 2020 /PRNewswire/ — General Motors Co. (NYSE: GM) today began mass production of the Ventec Life Systems V+Pro critical care ventilator under contract to the U.S. Department of Health and Human Services. “Thousands of men and women at GM, Ventec, our suppliers and the Kokomo community have rallied to support their… Continue reading @GM: First General Motors-Ventec Critical Care V+Pro Ventilators Ready for Delivery KOKOMO, Ind. , April 14, 2020 /PRNewswire/ — General Motors Co. (NY…

Magna Announces Filing of Preliminary Shelf Prospectus and Registration Statement; Amends 364-Day Syndicated Credit Facility

AURORA, Ontario, April 14, 2020 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it filed a preliminary short form base shelf prospectus (“shelf prospectus”) with the Ontario Securities Commission (the “OSC”) and a corresponding shelf registration statement with the United States Securities and Exchange Commission (the “SEC”) on Form F-10.… Continue reading Magna Announces Filing of Preliminary Shelf Prospectus and Registration Statement; Amends 364-Day Syndicated Credit Facility

@Groupe PSA: #OpelOpen – Opel Dealers and Employees Show Their Commitment to Customers

#OpelOpen: new campaign with first European decentralised spot from 14 markets All together now: dealers and employees from all over Europe contribute 300 videos Made at the “home office”: video created in only 72 hours at almost zero cost Workshops remain open: customers can make appointments at any time Springtime offers: services continue, spare parts… Continue reading @Groupe PSA: #OpelOpen – Opel Dealers and Employees Show Their Commitment to Customers

@Tata: Tata Motors adopts a 3 pronged CSR approach to combat Covid-19

8 April, 2020 The provision and supply of essentials to the communities that are on ground-zero and to the lower social strata of the society that is most impacted by the lockdown Various interventions by the company to facilitate production of protective gear and medical kits Education on the preventive measures to halt the spread… Continue reading @Tata: Tata Motors adopts a 3 pronged CSR approach to combat Covid-19