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Recent Articles

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Toyota cuts October global production volume to about 800,000 units from the expected 900,000 units due to ongoing parts shortages caused by COVID-19; plan calls for 250,000 units to be produced in Japan, 550,000 units to be made overseas

Cost to ship cars by steamship up fivefold since start of the pandemic to about US$740 per car according to Bloomburg; cost increase caused by lack of ships as freighters see earning rise to about US$80,000 per day: Automotive News

Volvo research finds adding LiDAR to an already safe car can reduce accidents with severe outcomes by up to 20% and improve crash avoidance by up to 9%; new Volvo EX90 to have eight cameras, five radars, 16 ultrasonic sensors, cutting-edge LiDAR sensor

Toyota’s Long Beach, California, manufacturing plant celebrates 50 years since it first opened; plant is primary supplier of parts for Tacoma trucks and also make service model body parts for all past models of Toyota’s North American-made vehicles

Toyota offers Russian plant workers assistance for re-employment and re-training; Toyota also optimizing, restructuring Moscow operations to continue support of retail network, offer ongoing service to Russian customers

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