Toyota accepts staff from halted aircraft factories of Mitsubishi Heavy

TOKYO — Toyota Motor’s subsidiary Toyota Auto Body is taking several hundred employees from aircraft component makers including Mitsubishi Heavy Industries and Kawasaki Heavy Industries, as auto demand recovers while aviation continues to struggle. Employees from companies such as Mitsubishi Heavy and Kawasaki are being transferred to Toyota’s Yoshiwara Plant in Aichi Prefecture, which makes… Continue reading Toyota accepts staff from halted aircraft factories of Mitsubishi Heavy

One of the first Tesla Roadsters ever made just auctioned for $182,000 — nearly double its original price

The original Tesla Roadster is the first car Tesla ever made. The first 100 Roadsters built were part of the limited-edition “Signature One Hundred” series. No. 38 just sold for $182,000 on car auction website Bring a Trailer. Visit Business Insider’s homepage for more stories. There’s no doubt Tesla is a big deal, and perhaps… Continue reading One of the first Tesla Roadsters ever made just auctioned for $182,000 — nearly double its original price

Tesla takes delivery of massive ‘Giga Press’ at Gigafactory Texas

Tesla has taken delivery of a massive “Giga Press,” which is believed to be the world’s largest casting machine, at Gigafactory Texas. Tesla is literally going big on casing In recent years, Tesla has been focusing on casting technology to produce larger parts of its vehicles in bigger pieces. We recently reported that Tesla is… Continue reading Tesla takes delivery of massive ‘Giga Press’ at Gigafactory Texas

SMMT reaction to announcement on building additional battery production

22 January 2021 #SMMT News SMMT reaction to announcement on building additional battery production in the UK Mike Hawes, SMMT Chief Executive, said The news that the UK will be home to additional battery production in the North East is hugely positive and an essential step in the transformation of the automotive sector to electric… Continue reading SMMT reaction to announcement on building additional battery production

@VW Group: ŠKODA AUTO produced more than 750,000 vehicles at its Czech plants in 2020 despite COVID-19 pandemic

Dr. Michael Oeljeklaus, ŠKODA AUTO Board Member for Production and Logistics, explains: “Due to the COVID-19 pandemic and the necessary 39-day plant closure to ensure the best possible health protection for our employees, we were operating under enormously challenging conditions last year. Nevertheless, we managed to produce 753,013 vehicles at our Czech production sites –… Continue reading @VW Group: ŠKODA AUTO produced more than 750,000 vehicles at its Czech plants in 2020 despite COVID-19 pandemic

Renesas, NXP and other chipmakers raise prices on surging auto demand

TOKYO — Japan’s Renesas Electronics, the Netherlands’ NXP Semiconductors and other chipmakers are raising prices on semiconductors that go into cars and telecom equipment as they attempt to maneuver out of a squeeze created by soaring demand and limited foundry capacity. Some observers expect chip shortages for another six months, a drought that is likely… Continue reading Renesas, NXP and other chipmakers raise prices on surging auto demand

Asia’s chip crunch slams the brakes on carmakers’ COVID recovery

TOKYO/TAIPEI — Recovering demand for cars should make this a great time to be selling to the automotive industry — but for a Japanese executive at an affiliate of one of the country’s biggest software developers, it is deeply frustrating. The software he sells for cars is useless without computer chips to run it. And they are… Continue reading Asia’s chip crunch slams the brakes on carmakers’ COVID recovery

Toyota-owned Daihatsu, a gas engine stalwart, tries again in hybrid cars

OSAKA — Japan’s Daihatsu Motor — the country’s only major automaker to develop all gasoline-powered cars — plans to roll out a hybrid compact SUV this year in a second attempt at electrified vehicles, Nikkei has learned. The hybrid version of the Rocky sport utility vehicle will feature technology co-developed by Daihatsu’s parent, Toyota Motor. Hybrid… Continue reading Toyota-owned Daihatsu, a gas engine stalwart, tries again in hybrid cars

GM warns Indian state’s move to block its exit could hit investment

By Ben Klayman, Aditi Shah 2 Min Read FILE PHOTO: The General Motors Co. headquarters is seen in Detroit, Michigan, U.S., January 13, 2019. REUTERS/Brendan McDermid/File Photo DETROIT/NEW DELHI (Reuters) – An Indian state’s move to block General Motors (GM) from shutting a plant and exiting the country defies the state’s business friendly image and… Continue reading GM warns Indian state’s move to block its exit could hit investment

Spyker goes bankrupt again and the B6 Venator might not see the light of day – Top Speed

Spyker goes bankrupt again and the B6 Venator might not see the light of day by Ciprian Florea, on January 19, 2021, 10:00 2021 was supposed to be the year when Spyker finally introduced the production version of the B6 Venator, a concept that it first unveiled in 2013. The Dutch were also supposed to… Continue reading Spyker goes bankrupt again and the B6 Venator might not see the light of day – Top Speed