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Denso, a key supplier to Toyota Motor, may consider spinning off its chip business, the company's chief technology officer said Friday.
Bloomberg
Toyota Group plans to invest 48 billion Indian rupees ($624 million) to make electric vehicle components in India, as the Japanese carmaker works toward carbon neutrality by 2050. Toyota Kirloskar Motor and Toyota Kirloskar Auto Parts signed a memorandum of understanding with the southern state of Karnataka to invest 41 billion Indian rupees, the group said in a statement Saturday. The rest will come from Toyota Industries Engine India.
Japan Times (USE The Japan Times)
Toyota says it will suspend operations at more production lines at its factories in Japan this month due to the coronavirus lockdown in Shanghai.
BBC News
Toyota and Volkswagen are gradually bringing their China factories back on line after they were closed for weeks because of COVID lockdowns.
CNN
Toyota will shut down all 14 of its factories in Japan on Tuesday after a possible cyber-attack. Its supplier Kojima Industries Corporation suspected it had been hit by a cyber-attack, causing a halt in production.
BBC News
Toyota said on Tuesday it expects to miss its annual 9 million vehicle production target because competition for semiconductors meant it didn't have enough to ramp up car output to offset production lost during the pandemic last year.
Reuters
Toyota Motor is cutting its February production by around 20% due to chip shortages, the Nikkei newspaper reported Tuesday, though that output target is still up from a year earlier.
Bloomberg
Toyota Motor Corp (7203.T)has halted production at two factories in Japan due to a supply shortage, a spokesperson told Reuters on Thursday.
Reuters
Toyota Motor will suspend operations on three production lines at two Japanese factories next month due to a chip shortage, the automaker said Tuesday.
Nikkei Electronics Asia
With chipmaker Renesas Electronics not expected to achieve a full recovery from its recent factory fire until mid-July, Japan's largest automakers have begun bracing for long-term disruptions and potential production cuts.
Nikkei Electronics Asia
A new president took office this month determined to fight climate change. Wall Street investors think Tesla is worth more than General Motors, Toyota, Volkswagen and Ford put together. And China, the world's biggest car market, recently ordered that most new cars be powered by electricity in just 15 years.
New York Times
The worldwide bottleneck in semiconductors that's disrupting production of automakers from Toyota Motor to Volkswagen is turning into a growth opportunity for Globalfoundries.
Bloomberg
Ford Motor, Toyota Motor, Fiat Chrysler Automobiles and Nissan Motor said on Friday they would cut vehicle production this month due to a shortage of semiconductors, becoming the latest automakers hit by a chip crunch as demand rebounds from the coronavirus crisis.
Reuters
Toyota Motor and Nippon Telegraph and Telephone have agreed to work together on developing smart cities and will invest 200 billion yen ($1.8 billion) in each other to cement the relationship, the two companies said on Tuesday.
Reuters
The new company is called Prime Planet Energy and Solutions.
Ars Technica
Apple is rerouting supply chains. Ikea is closing its stores and paying staff members to stay home. Starbucks is warning of a financial blow. Ford and Toyota will idle some of their vast Chinese assembly plants for an extra week.
New York Times
Joby is developing a piloted, five-seat eVTOL.
engadget
Japan's Toyota Motor and Panasonic said they plan to establish a joint company to develop "connected" services to be used in homes and urban development.
Reuters
Taiwan Semiconductor Manufacturing Company (TSMC) has downgraded executive cars and cut business travel in a belt-tightening campaign meant to prepare for a difficult 2019.
Nikkei Asian Review
Local production was also hit, with Toyota Motor halting operations at most of its group plants, and Honda Motor halting its Suzuka plant in Mie prefecture. Kyocera, Murata Manufacturing, Panasonic and Shiseido were among other manufacturers shutting some of their facilities.
Bloomberg
Toyota and Panasonic have announced an agreement to begin studying the feasibility of a joint automotive prismatic battery business. This agreement between the two companies aims to help find solutions to pressing societal issues such as global warming, air pollution, the depletion of natural resources and energy security.
Company release
Nvidia revealed Wednesday at its GPU Technology Conference that Toyota will use Nvidia's Drive PX AI automotive platform to power advanced autonomous driving systems planned for market introduction.
EE Times
Toyota was halting production at plants across the country because the earthquakes disrupted its supply chain.
Fortune
Automakers such as Ford Motor and Toyota Motor should consider the arrival of technology companies like Google in their industry as a lethal threat rather than a growth opportunity, Morgan Stanley analyst Adam Jonas said.
Bloomberg
Toyota has raised its forecast for annual profit as a weak yen and a recovery in sales in the US continue to boost its growth.
BBC News
There's nothing surprising about Japan going out of its way to bail out Renesas Electronics. The obvious objective is to maintain a steady flow of Renesas chips into domestic products, especially Toyota and Nissan automobiles.
EE Times
Japanese companies, Thailand's biggest foreign investors, may spend more to build factories in neighbors including Indonesia and Vietnam after the worst flooding in 70 years disrupted global production.
Bloomberg (via Businessweek)
Toyota Motor said it had restored vehicle output in Japan to "near-normal levels" on Monday, after severe flooding in Thailand disrupted supply chains.
BBC News
Toyota has extended production cuts at its factories in Thailand and Japan due to shortage of parts in the wake of floods in Thailand.
BBC News
Toyota Motor may start exporting subcompact cars from Thailand for sale in other markets, a senior executive said.
Wall Street Journal
Ford and Toyota, companies that both have had success developing and marketing vehicles with full hybrid powertrains, jointly announced that they would work together to create new hybrid systems for light trucks and sport utility vehicles.
New York Times
Toyota has now resumed car production at all of its plants in Japan for the first time since last month's earthquake and tsunami. However, the car manufacturer said that production would be half of its normal level because of parts shortages.
BBC News
Ford is to cut its workforce in Victoria by 240 after a slump in demand for larger cars, and competitor Toyota will reduce hours for manufacturing staff in the wake of the Japanese earthquake disaster.
Sydney Morning Herald
Toyota announced they would suspend production for five days and slow production over the "next few weeks," because of shortfall in parts availability. Honda meanwhile said it would extend a production slowdown for a week.
AFP (via Google)
Toyota Motors, the word's biggest carmaker, will slow production at some of its factories in North America due to a shortage of parts. Toyota has already halted production at all of its 12 assembly plants in Japan until 26 March.
BBC News
In Japan, Toyota will recall 1.28 million units of models including the Voxy, Noah and Isis minivans and RAV4 sport- utility vehicles, according to statements from the company. Separately, Toyota said it would conduct a voluntary safety recall of 245,000 Lexus luxury cars in the US to inspect installation of fuel pressure sensors and call back 135,000 Avensis sedans in Europe for potential defects in fuel systems.
Business Week
Toyota Motor halted production at a car plant in Guangzhou, China, after one of its suppliers was shut down by a strike.
Bloomberg (via Businessweek)
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