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Ford, Toyota halt some output amid Canadian trucker protests | Automotive Industry
04:03am, Thursday, 10'th Feb 2022 State Of Press
Ford and Toyota on Wednesday said they were halting some production as anti-coronavirus mandate protesters blocked United States-Canada border crossings, which have prompted warnings from Washington and Ottawa of economic damage. Many pandemic-weary western countries will soon mark two years of restrictions as copycat protests spread to Australia, New Zealand and France, amid decreasing cases …
More global firms apologise over tweets on India-occupied Kashmir
03:43am, Thursday, 10'th Feb 2022 Dawn.com
NEW DELHI: Global automaker Toyota Motor and fast food chain Dominos Pizza are among half a dozen companies that have apologised to India for social media posts from their Pakistani partners expressing support for held Kashmir, as more companies got caught up in the diplomatic fracas. The apology comes after a rare diplomatic escalation between South Korea and India on Tuesday over social media posts by Hyundai Motors Pakistani partner, which caused an uproar in India and calls to boycott the carmaker. Japans Suzuki Motor, majority owner of Indias biggest carmaker Maruti Suzuki, Honda Motor and Isuzu Motor, South Koreas Kia Motors and Yum! Brands KFC also issued apologies as criticism grew on Twitter over the social media posts. The affray highlights the risks global companies face while navigating sensitivities amid rising nationalism in South Asia, and is prompting them to take steps to strengthen their social media policies to protect their brand. The row erupted on Sunday, a day after several companies posted messages on social media to mark Kashmir Solidarity Day, commemorated annually by Pakistan on Feb 5 to honour the sacrifices of Kashmiris struggling for self-determination.
Ford, Toyota halt some output amid Canadian trucker protests
03:38am, Thursday, 10'th Feb 2022 Al Jazeera
Anti-vaccine mandate protests in Ottawa have been causing gridlock in the Canadian capital since late January.
More global firms apologise over tweets on Indian-occupied Kashmir
03:37am, Thursday, 10'th Feb 2022 Dawn.com
NEW DELHI: Global automaker Toyota Motor and fast food chain Dominos Pizza are among half a dozen companies that have apologised to India for social media posts from their Pakistani partners expressing support for held Kashmir, as more companies got caught up in the diplomatic fracas. The apology comes after a rare diplomatic escalation between South Korea and India on Tuesday over social media posts by Hyundai Motors Pakistani partner, which caused an uproar in India and calls to boycott the carmaker. Japans Suzuki Motor, majority owner of Indias biggest carmaker Maruti Suzuki, Honda Motor and Isuzu Motor, South Koreas Kia Motors and Yum! Brands KFC also issued apologies as criticism grew on Twitter over the social media posts. The affray highlights the risks global companies face while navigating sensitivities amid rising nationalism in South Asia, and is prompting them to take steps to strengthen their social media policies to protect their brand. The row erupted on Sunday, a day after several companies posted messages on social media to mark Kashmir Solidarity Day, commemorated annually by Pakistan on Feb 5 to honour the sacrifices of Kashmiris struggling for self-determination.
Toyota expects to halt auto production at 3 plants in Ontario - citing protests, other | Forexlive
12:43am, Thursday, 10'th Feb 2022 Forexlive
Toyota says blockade protests and other factors
Toyotas nearly $400M plan for San Antonio production plant is on track amid global uncertainties
08:49pm, Wednesday, 09'th Feb 2022 Business Journals
The $391 million investment includes an expanded plant footprint and new production equipment and technology.
Toyota’s real challenge is EVs, not chips
05:00pm, Wednesday, 09'th Feb 2022 Livemint
Global supply-chain woes are affecting car maker too, but even bigger problem looms round corner
Higher Oil Prices Are Allowing Energy Companies To Increase Their Shale Operations
03:13pm, Wednesday, 09'th Feb 2022 Benzinga
This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. (Wednesday Market Open) No news may be good news as equity index futures are pointing to a higher open on another day of light economic announcements. There are several earnings announcements but no big companies that are likely to have far-reaching effects on the market. The higher premarket move could be an impressive follow up to yesterday’s rally. Crude oil prices and yields were lower before the market open which appears to be helping equity futures. Lower oil and yields are helping reduce investor fears as the Cboe Market Volatility Index (VIX) was 3.5% lower in premarket trading and nearing 20. Many of the earnings reports this morning are positive, starting with Toyota (NYSE: TM). The automaker reported better-than-expected earnings and revenues. TM had to cut its production targets due to the semiconductor shortage, but the stock was relatively unmoved in premarket trading.
Toyota, Domino’s apologize over Kashmir tweet as fracas entangles more companies
02:40pm, Wednesday, 09'th Feb 2022 Rappler
NEW DELHI, India – Global automaker Toyota Motor and fast-food chain Domino’s Pizza are among half a dozen companies that have apologized to India for social media posts from their Pakistani partners expressing support for disputed Kashmir, as more companies got caught up in the diplomatic fracas. The apology comes after a rare diplomatic escalation between South Korea and India on Tuesday, February 8, over social media posts by Hyundai Motor’s Pakistani partner, which caused an uproar in India and calls to boycott the carmaker. Japan’s Suzuki Motor, majority owner of India’s biggest carmaker Maruti Suzuki, Honda Motor, and Isuzu Motor, South Korea’s Kia Motors, and Yum! Brands’ KFC also issued apologies as criticism grew on Twitter over the social media posts. The affray highlights the risks global companies face while navigating sensitivities amid rising nationalism in South Asia, and is prompting them to take steps to strengthen their social media policies to protect their brand. The row erupted on Sunday, February 6, a day after several companies posted messages on social media to mark Kashmir Solidarity Day, commemorated annually by Pakistan on February 5 to honor the sacrifices of Kashmiris struggling for self-determination.
Toyota and Domino’s apologise to India over Kashmir social media posts
02:31pm, Wednesday, 09'th Feb 2022 BusinessLIVE
Several other companies including Suzuki, Honda and Isuzu also issued apologies amid mounting criticism
Toyota To Domino''s: Full List Of Apologies Over Kashmir Tweet Controversy
01:53pm, Wednesday, 09'th Feb 2022 NDTV
Global automakers Toyotaand Honda, along withfast food chains Domino''s Pizza and KFC, are among half a dozen companies that have issued public apologiesto India for social media activity on behalf…
Toyota, Honda Strike Pessimistic Note About Car Supply This Year
01:20pm, Wednesday, 09'th Feb 2022 The Wall Street Journal
The car makers said stress on production from the pandemic was continuing and a shortage of components was likely to stretch through 2022, striking a more pessimistic tone than their peers in Detroit.
Toyota Motor, Honda Motor report weaker net profit amid chip shortage
01:18pm, Wednesday, 09'th Feb 2022 Livemint
Toyota said third-quarter net profit fell 5.6%, while Honda reported a 32% decline
Futures, Global Markets Jump As Bond Rout Eases
01:01pm, Wednesday, 09'th Feb 2022 Zero Hedge
Futures, Global Markets Jump As Bond Rout Eases U.S. index futures jumped along with Asian and European markets, while the VIX declined for a fourth consecutive day, setting up Wall Street for a strong open as bond markets stabilized bringing some respite for markets whipsawed in recent weeks by concerns about tightening monetary policy. As of 730am ET, S&P emini futures rose 38 points or 0.84%, while Nasdaq futures were up 1.3% or 187 points, while Dow futures were up 0.60% or 215 points. The 10-year U.S. Treasury yield retreated from levels last seen in 2019, dropping from 1.97% at their high yesterday to 1.92%, and yields across Europe also fell after France’s central banker said markets may be getting ahead of themselves in pricing rate hikes for this year. A dollar gauge slipped and cryptos jumped. Much of today''s rally is the result of Bank of France Governor Villeroy pushing back against market pricing yesterday, which suggests that there are indeed limits to just how far central banks are willing to be pushed by traders’ expectations .
Subaru opens up reservations for its first EV, the Solterra
05:29pm, Tuesday, 08'th Feb 2022 TechCrunch
Forget the electric pickup truck wars, which has Ford, GM and Rivian ducking it out for market share. The electric wagon-meets-crossover battle is heating up with Toyota, Subaru, Hyundai and Kia all introducing new EVs this year. The latest is Subaru, which opened up reservations Tuesday for its upcoming 2023 Solterra EV. The Solterra, the []
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