On November 6, Toyota announced that its second fiscal quarter (July to September) net sales of 11.4 trillion yen, basically unchanged from the same period last year; operating profit of 1.16 trillion yen, a year-on-year drop of 19.4%, lower than the same period last year of 1.44 trillion […]
Massachusetts voters passed a ballot measure on Nov. 5 that would allow online taxi drivers to unionize, making it the first U.S. state to allow drivers for ride-hailing companies such as Uber and Lyft to unionize, according to foreign media reports. U.S. media reported […]
On November 5, 2024, French tire manufacturer Michelin announced that in view of the difficulties and increasing pressures in the European automotive industry, the company plans to close two factories in France. This decision will directly affect about 1,250 employees and become an important measure for Michelin in the face of uncertainty and transformation pressure […]
[Tokyo report] According to the latest news from the Yomiuri Shimbun, Nissan Motor and Mitsubishi Corporation announced that the two parties have decided to establish a new joint venture by the end of fiscal year 2024 (April 2024-March 2025) to focus on autonomous driving vehicles and electric vehicle (EV) related services. This strategic cooperation will […]
According to Reuters, on November 3, Martin Kupka, Minister of Transport of the Czech Republic, said that when the EU’s stricter carbon dioxide emissions regulations will take effect next year, the Czech Republic will join the ranks of Italy to seek preventing automakers from facing the discharge of discharge. […]
NAAMSA has attributed the decline in South Africa’s exports to “replacement of a South African large -scale OEM model, the stricter emission regulations in the European Union, and the influx of low -cost electric vehicles in China.” As South Africa’s largest automobile export market, the European Union has been […]