Toyota Motor Ord Stock News

Toyota's (TM) North American division announces $27M investment in California's TABC to expand production capabilities.

Toyota Motor Corp said on Friday that it would suspend operations on 18 lines at 11 domestic factories next week, mostly for three days, due to a parts shortage from suppliers hit by the magnitude 7.3

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The car maker said it was taking some downtime due to parts shortages caused by new restrictions meant to fight the pandemic in Asia.

Two Hong Kong men were in police custody on Thursday after being arrested in an anti-narcotics operation at the Central Ferry Pier.Officers are investigating whether the two suspects, aged 41 and 51, were carrying out a drug deal inside a white Toyota when it was intercepted next to the pier on Man Kwong Street on Wednesday.A police source said an initial investigation suggested the car had been used to deliver illegal drugs in the past.ID check leads to seizure of HK$7 million worth of heroin…

Amazon.com Inc said it would counter any disruptions due to the lockdowns in Chinese cities by diverting freight to warehouses in unaffected regions, as companies rush to comply with the country’s controls to curb the spread of Covid-19.The e-commerce giant said it had purchased more local inventory during the early outbreak of the Omicron variant to stay better prepared to handle potential disruptions.Earlier today, Apple supplier Foxconn and other companies including Japan’s Toyota Motor…

Toyota Motor Corp cut on Thursday its global vehicle production target by 150,000 units to 750,000 in April as a semiconductor shortage and the COVID-19 pandemic weigh on the automaker.

Earthquake report: Tsunami warning issued after earthquake off the coast of Japan (update: Magnitude 7.3) Both Toyota and Nissan are reportedly shutting down impacted plants in north eastern Japan for the coming days. Drool ….

Tesla Halts Gigafactory Shanghai For Two Days Amid COVID Surge Tesla, Inc. shuttered its massive Gigafactory Shanghai for two days as Chinese officials scrambled to contain one of the country''s worst outbreaks of COVID-19 since the early days of the virus pandemic, Reuters reported Wednesday, citing a notice sent internally and to suppliers. Gigafactory Shanghai, also known as Gigafactory 3, halted all production lines, making Model 3 sedans and Model Y crossovers. There was no reason given for the stoppage at the plant. According to China Passenger Car Association data, the factory delivered 56,515 vehicles in February and produced 2,000 cars a day. The notice didn''t specify whether Tesla will increase future capacity to make up for the lost output when operations restart. China''s zero-tolerance approach has shuttered factories and placed some 51 million people into some form of lockdown in other cities. Shanghai has yet to declare a citywide lockdown but has closed some neighborhoods, shopping districts, and industrial parks and encouraged workers to remote work from home.

Toyota Motor Corp (NYSE: TM ) Toyota Motor North America will make a $27 million investment in its manufacturing plant in Long Beach, California, Toyota … Full story available on Benzinga.com

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Toyota Motor North America (TMNA) pledges a $27M investment in TABC to support an increase in its production capabilities. "Toyota''s roots in California run deep,"…

The maker of successful models like the Innova Crysta and the Fortuner does not have any product of its own in the sub-₹10 lakh category

Oil prices fell further to hit two-week lows on Tuesday amid concerns over demand from key consumer China. Surging Covid-19 cases in China fueled concerns about slower demand while ceasefire talks between Russia and Ukraine eased fears of further supply disruptions. Brent crude futures for May delivery plunged 5.8 percent to $100.68 per barrel, while U.S. West Texas Intermediate (WTI) crude futures for April settlement were down 5.9 percent at $97 a barrel. Companies from Apple supplier Foxconn to automakers Toyota and Volkswagen suspended some operations as multiple Chinese cities and provinces tightened restrictions in line with Beijing''s zero-tolerance goal of suppressing contagion as quickly as possible. Nearly 30 million people have been put under lockdown across China today, as surging virus cases prompted the return of mass tests and hazmat-suited health officials to city streets on a scale not seen since the start of the pandemic. Meanwhile, expectations of positive developments in the Russia-Ukraine ceasefire talks eased fears of further supply disruptions.

Toyota (TM) orders suspension of operations in China until further notice in response to government-imposed lockdown and restrictions.