Toyota recalls 1,000 units of Urban Cruiser Hyryder

Toyota recalls 1,000 units of Urban Cruiser Hyryder

Toyota has issued a recall for 1,000 units of its Urban Cruiser Hyryder, stating a faulty seat belt shoulder height adjuster, which could lead to its disassembly. However, there have been no reports of the failure of the affected part, till date. Owners of affected vehicles will be contacted by the company and the faulty … Read more

Karnataka government clears 18 investment proposals worth Rs 34,432 crore

Karnataka government clears 18 investment proposals worth Rs 34,432 crore

The state high-level clearance committee (SHLCC) chaired by chief minister Basavaraj Bommai on Friday cleared 18 investment proposals worth Rs 34,432 crore with a potential to add 48,850 jobs. Of these eight are new projects while 10 are about additional investments. Some of the major proposals cleared are: Trualt Bioenergy’s ethanol plant of 2000 kilo-litres … Read more

Ontario declares an emergency over truck blockades in Canada

Ontario declares an emergency over truck blockades in Canada

Ontario’s premier declared a state of emergency Friday in reaction to the truck blockades in Ottawa and at the US border and said he will urgently press for new legislation cracking down on those who interfere with the free flow of goods and people. Since Monday, scores of truck drivers protesting Canada’s COVID-19 restrictions and … Read more

Toyota second-quarter quarterly profit climbs despite production cut

Toyota second-quarter quarterly profit climbs despite production cut

Toyota Motor Corp reported a second-quarter operating profit of 750 billion yen on Thursday compared with a profit of 506 billion yen a year earlier as it benefited from a rebound in vehicle demand even as a global chip shortage forced it to cut output. The result for the three months to Sept. 30 was … Read more

Why is Toyota being sued by supplier Nippon Steel?

Why is Toyota being sued by supplier Nippon Steel?

Japan’s Nippon Steel Corp is suing customer Toyota Motor Corp to stop it manufacturing and selling vehicles that contain specialised steel made by rival supplier Baoshan Iron & Steel Co Ltd (Baosteel) of China, which it is also suing. It highlights the high stakes for materials producers as technology transforms the auto industry and comes … Read more

How the world ran out of everything

How the world ran out of everything

In the story of how the modern world was constructed, Toyota stands out as the mastermind of a monumental advance in industrial efficiency. The Japanese automaker pioneered so-called Just In Time manufacturing, in which parts are delivered to factories right as they are required, minimizing the need to stockpile them. Over the past half-century, this … Read more

Companies shut plants, cut output to cope with fall in demand

Companies shut plants, cut output to cope with fall in demand

(This story originally appeared in on Apr 30, 2021) NEW DELHI: The fresh wave of the coronavirus has crippled industrial activity across key manufacturing units as factory output has drastically reduced for many, and even come to a halt for some top ones, in view of rising infections and closure of showrooms, with states and … Read more

Toyota says it will introduce 15 BEVs, expand electric lineup by 2025

Toyota says it will introduce 15 BEVs, expand electric lineup by 2025

Toyota Motor Corp said on Monday it will introduce 15 battery electric vehicle (BEV) models globally by 2025, expanding the automaker’s electric vehicle lineup to achieve carbon neutrality before 2050. The company will increase its number of electric models to around 70 from currently offered 55, it said in a statement. The new BEV model … Read more

What’s Causing the Global Chip Shortage and How Does It Affect You

What’s Causing the Global Chip Shortage and How Does It Affect You

As the US economy rebounds from its pandemic slump, a vital cog is in short supply: the computer chips that power a wide range of products that connect, transport, and entertain us in a world increasingly dependent on technology. The shortage has already been rippling through various markets since last summer. It has made it … Read more

What’s Causing the Global Chip Shortage and How Does It Affect You

What’s Causing the Global Chip Shortage and How Does It Affect You

As the US economy rebounds from its pandemic slump, a vital cog is in short supply: the computer chips that power a wide range of products that connect, transport, and entertain us in a world increasingly dependent on technology. The shortage has already been rippling through various markets since last summer. It has made it … Read more