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Tag Archives: toyota
IONNA Breaks Ground on So-Called Rechargery for EVs
IONNA, a charging network founded by eight automakers – BMW, General Motors, Honda, Hyundai, Mercedes-Benz, Kia, Stellantis and Toyota – announced today the ground breaking for the first IONNA ‘Rechargery.’ It is remaking a historic district gas station into an EV charging station in Apex, North Carolina. AutoInformed notes the irony, and also that the town was built around a railroad steam engine refill pond, which the workers dubbed Apex. Continue reading
Posted in alternative fuels, auto news, electric vehicles, global warming, marketing, milestones, news analysis, public health, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, BMW, general motors, honda, hyundai, IONNA Rechargery, Jackie Slope, Ken Zino, kia, mercedes-benz, Stellantis, toyota, X @KenAutoinformed
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Loyalty Keeps Vehicle Buyers Out of Market Amidst Shortages
Perennial brand loyalty leaders including Toyota, Honda and Lexus have each been able to grow their respective shares of loyal customers amid stagnation experienced by other brands, according to the J.D. Power 2024 U.S. Automotive Brand Loyalty StudySM.
“Amid ongoing inventory shortages, the most loyal customers actually stayed out of the market if they were unable to get their desired vehicle,” said Tyson Jominy, vice president of data & analytics at J.D. Power. “Now that inventory levels are recovering, customers are coming back. In particular, Toyota and Honda are benefiting from increased availability of hybrid vehicles, with Honda owners swapping out their gas-powered vehicles for hybrids at nearly triple the rate of the industry average. Lexus is also benefitting from strengthened residual values, which are helping drive loyalty for the brand despite premium brands as a whole experiencing a plateau this year.” Continue reading
Posted in auto news, awards, customer satisfaction, marketing, news analysis, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, honda, J.D. Power 2024 U.S. Automotive Brand Loyalty Study, Ken Zino, lexus, Power Information Network, toyota, Tyson Jominy, X @KenAutoinformed
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Canadian Government Halts Teamsters Canada Freight Strike
Major automakers such as Ford Motor, General Motors, Honda, Stellantis and Toyota assembling vehicles in Canada or shipping engines and various other components to the United States got a reprieve late today as a previously reluctant Canadian government intervened in a railroad freight strike.
“I’ve directed the Canada Industrial Relations Board to assist the parties in settling the outstanding terms of their collective agreements by imposing final binding arbitration,” said Canadian Labor Minister Steve MacKinnon at a press conference. Continue reading
Posted in auto news, customer satisfaction, economy, labor issues, manufacturing, news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, Canada Industrial Relations Board, Canadian Labor Minister Steve MacKinnon, ford motor, general motors, honda, Ken Zino, Stellantis, toyota, X @KenAutoinformed
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Toyota Joins IONNA EV Charging Network in North America
IONNA and Toyota Motor North America (NYSE: TM) said today announced that Toyota has joined seven other automakers as an investor in IONNA* to support the build-out of its charging network for battery electric vehicles (BEVs) across North America. This … Continue reading
Posted in news analysis
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, BMW, general motors, honda, hyundai, IONNA, Ken Zino, kia, mercedes-benz, Stellantis, Ted Ogawa, toyota
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Supplier Relations Study – Toyota Ascending, Ford Slumping
The two big issues – cost and fairness – have been created and compounded by changing electric vehicle (EV) demand that sees automakers switching to hybrid configurations, or canceling EV programs and again ramping up conventional powertrain production. These are occurring while rising costs are squeezing automaker’s suppliers. Continue reading
Japan Inc: Toyota and Hino to Pioneer Light-Duty Fuel Cell Electric Trucks with Seven-Eleven, FamilyMart, and Lawson
The five companies are also making efforts to promote the establishment of an environment for the popularization of fuel-cell vehicles, not only of light-duty trucks, but also of commercial and passenger vehicles. Continue reading
Aston Martin On GTE Pole, Ford 2nd, Corvette 3rd at Le Mans
Aston Martin Racing is on the GTE Pro pole position for this weekend’s 87th running of the 24 Hours of Le Mans. It’s 60 years since a famous 1959 win led by team director John Wyer with a DBR1 driven by Roy Salvadori, and a man who would kick Ferrari’s “ass” many more times, notably with Ford GTs a few years later – Carroll Shelby, again working with Wyer. Continue reading
Posted in racing, results
Tagged AstonMartin, auto industry commentary, autoinformed.com, automotive blog, ferrari, Ken Zino, le mans, porsche, toyota
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Ride and Cost Sharing: Toyota, DENSO and SoftBank Vision Fund Invest $1 Billion in Uber’s Advanced Technologies Group
The investment, in a newly formed ATG corporate entity, aims to accelerate the development and commercialization of automated ridesharing services. Under the terms, Toyota and DENSO will together invest $667 million and SVF will invest $333 million, valuing the new Uber ATG entity at $7.25 billion on a post-money basis. Continue reading
Milestones: 50 Years of Toyota Hilux
The seventh-generation Hilux was the first to not be produced in Japan, with most of the vehicles being produced in Thailand, South Africa and Argentina for delivery to counties in their own regions, and with some production in Malaysia, Pakistan and Venezuela. Continue reading
Posted in auto news
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, compact pickup, Hino Motors, Ken Zino, toyota
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IndustriALL Endorses Global Agreements to Fight and Shape Policy on the Growing Number of Auto Plant Closures
So whither auto plants with their well-paid, highly skilled and heavily unionized work? Plant closures and retrenchments in several countries is worrying for unions. Continue reading
No Deal Brexit to Cost UK Auto Sector £9 Billion Per Year
It’s not only angry Trump voters who are self-destructive, the UK under the Brexit fiasco is about to lose £9 Billion a year due to a conservative Republican-like temper tantrum that will materially hurt middle class workers, as well as society as a whole. Continue reading
Posted in economy, financial results, news analysis, sales
Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, Brexit, connected vehicles, honda, jaguar land rover, Ken Zino, lmc automotive, new vehicle reviews, nissan, psa group, toyota, UK light vehicle production, Vauxhall/Opel
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More Automated Driving R&D Underway at Toyota
Through this alliance, the three companies will work toward achieving “freedom of movement for all” and a “society with zero casualties from traffic accidents.” While these goals are a cliché in automated driving releases, scant evidence exists that this will happen beyond the fact that there is a lot of work underway in the area. Continue reading
Posted in auto news, autonomous vehicles, concept, insurance, litigation, safety
Tagged and Tokio Marine & Nichido, auto industry commentary, autoinformed, autoinformed.com, automated driving enabling technologies, automotive blog, Automotive Commentary, Ken Zino, new car reviews, toyota, TRI-AD
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Bedfellow Alert! Toyota and Suzuki in India
Since February 6, 2017, when Toyota and Suzuki concluded a memorandum toward business partnership, the two companies have been exploring projects for collaboration. Continue reading
Suzuki, Daihatsu, Toyota to Release EV Mini-Commercial Vans
Suzuki Motor Corporation, Daihatsu Motor Company and Toyota Motor Corporation said today that they have decided to aim for the release of their mini-commercial van electric vehicles (BEVs) respectively in fiscal 2025.*
“This mini-commercial van BEV, jointly developed by the three companies, combines Suzuki and Daihatsu’s expertise in creating small-size cars with Toyota’s electrification technology and is equipped with a BEV system suitable for mini-commercial vehicles. Commercial Japan Partnership Technologies Corporation also participated in the planning to achieve a vehicle with optimal specifications for efficient last-mile logistics,” the companies said in a joint release. Continue reading →