Toyota cuts domestic production by 4,000 vehicles in July
TOKYO Reuters expects Toyota Motor Corp will cut domestic production by around 4,000 vehicles in July, it said on Wednesday, after heavy rain disrupted parts supplies, raising the possibility that it could fall short of its global target for the month. TOKYO Reuters -- Toyota Motor ...
Updated: 07/27/2022
Toyota announces new investment in electric vehicles in Indonesia
A number of other global companies have already announced big investments in this area, including South Korea's Hyundai Motor Group and LG Energy Solutions, a unit of LG Group. A number of other global companies have already announced big investments ... ... and LG Energy Solutions, a unit of LG Group . In a statement by Indonesia's chief economics minister Airlangga Hartarto , Toyota said Toyota had invested 14 trillion rupiah in the country since 2019. After meeting Toyota 's vice chairman Shigeru ...
Updated: 07/27/2022
Japan to participate in military exercises with Indonesia
... market access to mango products. In 2020 Indonesia's imports from Japan totaled $9.2 billion, while its exports to Japan stood at $14.5 billion, according to IMF data compiled by Refinitiv. Indonesia's chief economics minister said that Mitsubishi Motors Corp plans to invest about 10 trillion rupiah between 2022 and 2025 in Indonesia. Jokowi will meet Emperor Naruhito later on Wednesday.
Updated: 07/27/2022
Japan to boost chip production, boost output
... production and ensure a stable supply of memory chips in Japan. The subsidy is part of a wider effort to revive chip production in Japan, as tensions between China and the United States and COVID 19 outbreaks cause concern that Japanese companies, such as Toyota Motor Corp , could be hampered by semiconductor shortages. At a press briefing, the investment will help stabilize advanced memory chip production in Japan, economy and trade minister Koichi Hagiuda said. It will contribute to Japan-US cooperations in semiconductors....
Updated: 07/26/2022
Honda to cut production in Japan next month
... prefecture, north of Tokyo, will reduce production by about 10% early next month. Honda did not reveal its monthly production target. Automakers haven't been able to shake off the impact of COVID 19 lockdowns in China and a shortage of semiconductors. Toyota Motor Corp said this week that its global production would be around 700,000 units, a decline of 18% from its plans at the beginning of the year. Honda had adjusted its production plan in May but said it would return to normal in early June.
Updated: 07/22/2022
Japan chip maker Renesas CEO says no plans to build U.S. chip factories
... said it would invest 90 billion yen $650 million in its former Kofu factory in Japan, revamping it to build power chips that manage electricity. The expansion is to meet the growing demand for electric vehicles. Renesas , whose shareholders include Toyota Motor Corp and the automotive supplier Denso Corp , is a major chip supplier for the automotive industry. Shibata said that there were still areas of shortages in power management chips and some analog and mixed-signal analog and digital chips with larger ...
Updated: 07/21/2022
Maruti Suzuki sees support for green technology beyond EVs
... before 2025, and even then takeuchi said that decarbonisation plans cover other clean technologies, such as compressed natural gas CNG bio fuels, flex fuel and hybrids. The first model to be developed by Suzuki Motor Corp in a global alliance with Toyota Motor Corp , the Grand Vitara, will be built at the latter's India factory. Toyota 's hybrid power train will offer a mileage of nearly 28 km 17 miles a liter of gasoline. It will also have Suzuki's mild hybrid power train with a mileage of 21 km 13 miles a ...
Updated: 07/21/2022
Toyota to develop electric commercial vans, fuel cell trucks
TOKYO: Toyota Motor Corp said on Tuesday that it would work with automakers to develop small electric commercial vans and light-duty fuel cell electric trucks. TOKYO: Toyota Motor Corp said on Tuesday that it would work with automakers to develop small electric commercial ...
Updated: 07/19/2022
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