#Mazda Motor Corp

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📰 TAEVision Engineering 's Posts - Fri, Jul 14, 2023 TAEVision 3D Mechanical Design • Automotive Fashion State-of-the-Art MercedesBenz CLA NY NYC MAZDA Motor Corp. Mazda MX-5 MX5 • Parts AutoParts Aftermarket ChassisParts... steering suspension HKT Corp glowplugs 1️⃣ Data 399 3D Design Applications Automotive State-of-the-Art MercedesBenz CLA CLAClass NY NYC ▸ TAEVision Engineering's Post on Tumblr 2️⃣ Data 367 3D Design Applications Automotive Fashion MAZDA Motor Corp. 'Showroom in the Night Mazda MX-5' MX5 zoomzoom JimEllisMazda of Marietta Atlanta ▸ TAEVision Engineering's Post on Tumblr 3️⃣ Data 151 Parts AutoParts Aftermarket ChassisParts... steering and suspension parts ▸ TAEVision Engineering's Post on Tumblr 4️⃣ Data 257 Parts AutoParts Aftermarket HKT Corp glowplugs ▸ TAEVision Engineering's Post on Tumblr

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[dailyanarchistposts]

Special thanks goes out to Co-op America, and responsibleshopper.org, whose publications aided in the research of this chapter.]

Section I: Abuse of the Consumer (Modern)

Abbott Laboratories sold genetically engineered baby food in the Indian Market — the food had not medical approval and many instances of genetically engineered foods have included the illness and fatalities of many. [663] Customers in the Cincinnati area are charged 57% more for Delta Airlines flights than any other region. [664] Disney is opposed to any legislation that would regulate the safety of amusement park rides. [665] Mitsubishi admitted to “systematically concealing defects and avoiding the recall of thousands of vehicles over the past two decades.” [666] In the early 1990’s, Archer Daniels Midland had engaged in a price-fixing scheme for additives in animal feed. [667] ConAgra, Ortho Pharmaceutical Corporation, and Warner-Lambert Co. were named top 100 corporate criminals of the 1990’s, whose fraud allegations have resulted in fines exceeding millions. [668] In April of 1996, security guards were stopping many of its customers — later it would be confirmed that all African American customers were followed and treated as suspects [669] General Motors and Honda Motors were two of five auto makers to pay $1.9 million in fines because of hiding lease terms in contracts. [670] Mazda Motors paid over five million total for confusing leasing promotions in 1997. [671] Quaker State advertised that its engine treatment oil reduced engine wear, but such claims were unproven. [672] In 1998, American Airlines was discovered to have 51 violations of FAA rules to protect its customers. [673] In one year, three people were killed by falling merchandise at Home Depot. [674] Monsanto’s genetically engineered growth hormone (rBGH) has been shown to increase prostate cancer in males. [675] In 1998, Owens-Corning was responsible for 176,000 asbestos poisoning cases. [676] In 1998, three African-Americans at a Shoney’s restaurant were harassed, intimidated, and finally the store refused to serve them. [677] In August of 1998, more than 10 safety violations were found with Continental Airlines. [678]

USAirways uses pesticide regularly on its flights, even though scientists believe that it could threaten the health of passengers. [679] Montsanto’s director told The Now York Times: “Monsanto should not have to vouchsafe the safety of biotech food. Our interest is in selling as much of it as possible. Assuring its safety is the FDA’s job.” [680] In 1998, two white Eddie Bauer security guards told a black teen to remove his shirt and told him to go home shirtless to get a receipt for the shirt. [681] The Federal Trade Commission and Justice Department are investigating Citigroup for use of deceptive lending terms and high fees that strip away equity. [682] A court ruled that General Electric Company was “deceptive” when selling dishwashers in 1999 that had a fire hazard. [683] Smurfit-Stone Container Corp. has produced faulty siding for homes that would prematurely fail, so as to get a returning customer. In a lawsuit, it may have to pay over $20 million. [684] In January of 1999, 7,000 customers of Northwest Airlines were subjected to 11 hours of waiting, with overflowing toilets and lack of food. [685] It has been concluded by the National Highway Traffic Safety Administration that as of May 1, of 1999, air bags used by DaimlerChrysler had killed 76 children and saved none. [686] In June of 1999, two minority women at a Dillard’s store were searched for stolen merchandise, only to find receipts for everything. They were detained for another hour and issued citations for fabricated offenses, and then charged with criminal trespassing. The same thing has happened in previous years of minority customers being detained and accused of shoplifting. [687] Toyota hes released 2.2 million vehicles to customers with faulty pollution-detection systems. [688] Delta Airlines was fined $77,000 by the Federal Aviation Administration for failing to adhere to safety regulations. [689] Investors of Fruit of the Loom, between September of 1998 and November of 1999, were issued false and misleading statements, artificially inflating the price of the stock. [690]

In October of 1999, Abbott Laboratories sells Prevacid, an ulcer medication, for $393 for a standard dosage. [691] When an independent pharmacy in New York City closed, it sold its customers records to CVS and other corporations — violating the privacy of hundreds. [692] In December of 1999, K-B Toys refused to accept personal checks from black customers, but accepted them from white customers. [693] Federated Department Stores has store aisles that are 17 inches wide, disallowing customers with wheelchairs. [694] In 1999, Toys ‘R’ Us was employing over 300 employees aged 14 and 15, at 19 stores, working longer hours and late in the night, violating labor law. [695] In 2002, Amazon.com used spyware to steal personal information about its customers. [696] Bank One settled a class action case for issuing improper late fees and interest rate increases, as well as lying about its financial status to investors. [697] Ford Motors knew of at least 35 deaths and 130 injuries relating to its tires without taking any action. [698] Kmart in 2000 decided to eliminate the sale of mouth toys containing phthalates (“Some phthalates cause liver cancer, kidney damage and reproductive system impairment in animals.”), but no other dangerous chemicals. [699] In early 2000, Rite Aid did not allow their ATM machines accessible to disable customers. [700] Toys R Us promised that it could deliver toys by Christmas in 2000, but knew it could not deliver its promises. [701] Tyson Fresh Meats was found guilty of stealing C&F Packing Company’s secret process for making pre-cooked Italian sausage pizza topping, and then undercut C&F’s prices. [702] In February of 2000, Black & Decker failed to inform the public about potential fire hazards from one of its toaster models. [703]

In March of 2000, the presence of lead was found in Johnson & Johnson baby powders. Lead is capable of causing psychological problems. [704] In March of 2000, KBToys refused to take checks from African-Americans. [705] Sanyo Electric Co. released over 10,000 solar cell systems that were faulty and inefficient. [706] Wyeth Corporation recently was prosecuted by many of its customers for the diet drug fen-phen, which caused destroyed heart valves and strokes. [707] In May of 2000, Continental Airlines hiked up its fares during a time of record profits. [708] Northwest Airlines shipped a container of compressed hydrogen, which could have destroyed the plane and its private passengers. [709] In 2000 of June, American Airlines failed to make fulfill security regulations. [710] The US FDA seized syringes by Abbott Laboratories for failing to meet up production standards. [711] MCI Worldcom in June of 2000 changed their customer’s long-distance plans without their permission. [712] In June of 2000, Sprint misled customers about fine-print restrictions and add-costs. [713] In July of 2000, Qwest Communications paid $1.5 million for changing their customers long distance service without their permission. [714] 21 reported traffic deaths in August of 2000 were linked to the Ford Motor tires. [715] Alltel has overcharged customers between $130 million and $140 million since 1996. [716] Amazon.com uses a strategy called “dynamic pricing,” where they “gauges a shopper’s desire, measures his or her means, and charges that shopper accordingly.” [717] Amazon.com stated that it considers customer information an asset, and that it may potentially be sold. [718] In September of 2000, CVS shared the information of a Maryland couple and violated confidentiality laws. [719] Ford Motor’s engineers, safety officials, and board were aware of the faultiness of its ignition system that caused cars to shut down — resulting in deadly and other serious accidents. [720] MBNA Corp. placed misleading ads, saying that there was a charge of 6.9 percent for new credit card customers, whereas it was mostly 17.9 percent on new purchases. [721] PG&E passed $4.63 billion in profits to its parent company, but filed for bankruptcy, losing its investors all their money. [722]

In October of 2000, Humana (an HMO) offered its doctors incentives to steer patients away from using treatments. [723] MCI WorldCom has ripped off 5 million customers with surcharges of up to $88 million. [724] Owens-Corning filed bankruptcy because its asbestos-containing products damaged enough people, with a liability as high as $7 billion. [725] In 2000 of October, a woman died after a Rite Aid pharmacist erroneously doubled her prescription. [726] In that same month, Rite Aid overcharged 29,000 uninsured customers of up to $500,000. [727] Wyeth Corporation had repeatedly violated manufacturing standards at two of its drug factories. [728] Wyeth Corporation, in that same month, had to pay $4.7 billion to consumers for the fen-phen drug combination, which resulted in fatal heart valve damage and pulmonary hypertension. [729] In November of 2000, Abbott Laboratories failed to meet quality standards of hundreds of medical testing kits. [730] 6,500 trust account beneficiaries were cheated out of refunds owed to them by Bank of America, amounting to $35 million. [731] CIGNA and ACE breached their insurance contracts of up to $27 million in insurance premiums. [732] Goodyear Tire & Rubber knew about the failure of Firestone tires for over four years. [733] In November of 2000, Goodyear was linked to 15 deaths in accidents with their tires. [734] Morgan Stanley Dean Whitter mislead its investors into losing $65 million. [735] Three directors at Priceline.com used inside information to sell stock of the company, profiting up to $247 million. [736] Tens of thousands of Californian customers were billed by Qwest Communications for services they never ordered, or had their long-distance service switched without their permission. [737] Rite Aid sells prescription drugs at a lower cost to those who have insurance. [738] Also in November of 2000, Rite Aid released misleading information that artificially inflated the company’s stock price, causing damages up to $200 million. [739]

In December of 2000, Gateway Inc. has misled investors about financial statements. [740] Rite Aid pharmacies offered discounts on cash-only prescriptions, but had added hidden charges. [741] In 2001, two ConAgra plants were halted because of health violations. Another ConAgra facility had the highest rate of salmonella of all turkey processors tested during 2001. [742] In 2001, Enron “cheating millions of investors out of billions of dollars.” [743] In 2001, a severed rat’s head in a McDonald’s hamburger was partially ingested by a nine-year old girl. [744] Mellon Financial Corp. was contracted by the IRS to do tax returns, but ended up destroying up to 71,257 tax returns, worth $1.2 billion. [745] In fall of 2000, Priceline.com and its key officers and directors omitted material information and disseminated false and misleading statements concerning the company’s financial condition. [746] Reebok uses PVC in its shoes, which can cause toxic dioxins. [747] Schering-Plough failed to tell its customers that its drug Claritin is only effective for about half of its users. [748] In January of 2001, Allstate discouraged people from hiring attorneys, violating consumer-protection law. [749] Disneyland was found at fault for an accident where a four-year-old boy was brain damaged by one of the rides. [750] Federated Department Stores had two of its black customers arrested for using a stolen credit card, though no evidence existed to prove this besides a $1,000 purchase. [751] International Forest Products Limited managed to use deceptive contract tactics to sidestep the government’s fees by $224 million. [752] Time Warner Inc. has sent magazines, books, CDs, etc., to hundreds of Florida consumers who never ordered them and then charged them for it. [753]

In February of 2001, lawsuits were filed against Aetna, CIGNA Corporation, and four other major HMOs, claiming that the company delayed payments, affecting healthcare of patients. [754] Bausch & Lomb conspired with American Optometric Association to force customers into buying replacement contact lenses, in 32 states. [755] One customer at Kmart was arguing about a rebate with a salesman when a security guard tackled him, and then beat him into unconsciousness. The security guard was promoted, even though he had attacked other customers. [756] Nike executives sold stock just before announcing poor earnings, resulting in the stock plunging. [757] PG&E executives sold stock before the company issued a bankruptcy warning that sent stocks into a decline. [758] Pharmacia Corporation in February of 2001 misled its customers about Celebrex, minimizing crucial risk information about the drug. [759] Clothing sold by Wal-Mart has shown a tendency to easily catch on fire; during a trial concerning this, the judge found the company “repeatedly concealed documents and witnesses.” [760] Wyeth Corporation has been using blood, fetal calf serum, and meat broth (high potential of mad cow disease) from cattle for over eight years, stopping in 2001. [761] In March of 2001, Chrysler bought back defective vehicles from customers, only to resell them. [762] Kmart sold a faulty pellet gun to a teenager, whose was brain damaged after he was accidentally shot in the head with it. [763] Schering-Plough is under investigation for causing an inflation in government reimbursed drugs, as well as shorting Medicaid payments. [764]

In April of 2001, CompUSA promoted product rebates without stating up front that customers had to sign up for three years of internet service. [765] Security guards who work for Dillard’s have routinely harassed and beaten black customers, leaving one person dead. News stations that carried the stories, such as CBS, had advertising funds pulled — while ABC and NBC didn’t cover the report and continued with Dillard’s advertising. [766] In April of 2001, a black woman was denied a free cologne sample from Dillard’s. [767] Federated Department Stores sold flammable children’s pajamas and robes. [768] Johnson & Johnson agreed to pay a settlement of $860 million, because the instructions on its contact lenses was to throw them away after one day, when they can be worn for two weeks. [769] In April of 2001, security guards for Rite Aid killed a woman who was trying to shoplift. [770] Wells Fargo & Co. realty website would only link shoppers to neighborhoods with the same income and racial makeup of the shopper’s current neighborhood. [771] Abbott Laboratories hiked up its prices and bribed doctors to prescribe Lupron Depot. [772] AstraZeneca cooperated with other companies to maintain unreasonably high prices for the breast cancer drug Tamoxifen. [773] Dillard’s was involved in the death of one man at its stores; the store claimed the man was psychotic, police came and handcuffed the man, and then witnesses claim to have seen the officers beat the handcuffed man who died two days later. [774] In May of 2001, Dillard’s was ordered to pay more than one million dollars by the courts, for detaining two minority women and accusing them of shoplifting. [775] Dow Chemical sold Dursban for home and garden use, when it was a proven hazardous substance. [776] In May 2001, a California state appeals court upheld the $26 million verdict against Ford Motor, whose Bronco II sport utility model has caused one man to become quadriplegic and unable to breathe without a ventilator. [777] In May of 2001, Hilton Hotels, Hyatt, Marriot International, Starwood Hotels & Resorts, and one other corporation added energy surcharges onto guests bills that weren’t apparent until guests were checking out. [778]

Cardura, a drug sold by Pfizer, has been linked to increased heart failure, but the company has issued no safety warning yet. [779] A 10 year-old boy died after taking Dimetapp. Wyeth Corporation failed to provide a warning that a key ingredient could be dangerous for children. [780] Abbott Laboratories had a patient undergo chemotherapy, a hysterectomy, and a partial lung removal after being diagnosed with cancer that she never had. “The doctors did not follow proper medical practice. A simple urine test would have prevented this tragedy,” said an Abbott spokeswoman. [781] In June of 2001, American Airlines was found in 197 instances that violated regulations for batteries and battery charger maintenance, for its emergency floor lights. [782] Circuit City refused to take rainchecks to customers for out-of-stock sale items that were advertised, violating a state consumer protection law. [783] In June of 2001, Eli Lilly sent out an e-mail message to 600 people, reminding them to take their dose of Prozac — each person received everyone else’s e-mail address, violating privacy. [784] In June of 2001, Mattel Inc. was fined for failing to report defects in its Power Wheels line of toys, causing fires and electrical failures. [785] Sara Lee Corp. plead guilty in June of 2001 to selling contaminated hot dugs and meats in 1998 — causing 100 illnesses, six miscarriages, and 15 deaths. [786] SBC Communications failed to meet standards in wholesale service to its rivals. [787] SBC Communications had to yank adds criticizing a rivals’ cable modem operations for slow service during peak hours, when its own service was equally susceptible to slowdowns. [788] Sony created a phony film critic to invent quotations to provide positive reviews for its Sony films. So-called moviegoers praising Son films in promotion ads were actually employees of Sony. [789] In June of 2001, Viacom made customers pay inflated fees for overdue rentals between 1992 and 2001. [790]

In July of 2001, American Airlines changed the rules to its frequent flier program once customers signed up by limiting seats. [791] A three-months pregnant woman shopping at Dillard’s was detained and strip-searched. No stolen items were found. [792] Interstate Bakeries produces bread made with bromate, a chemical that causes cancer in rats. [793] Microsoft Corporation’s Passport identification system allows the company to become a storehouse of personal data, being ripe for abuse. [794] Frito-Lay Inc. is trying to permanently seal records that show its snack foods were contaminated with toxic solvents. [795] In August of 2001, Aetna, Cigna, Emipire Blue Cross/Blue Shield, Excellus, Oxford, and United Health Care were being sued for engaging in illegal practices and routinely breaching the terms of contracts with physicians. [796] Limited Brands imported and sold flammable children’s sleepwear, having to recall 390,000 pajamas and 17,600 robes. [797] May Department Stores did not comply with American Disabilities Act. [798] A report obtained through the Freedom of Information Act revealed that Sara Lee knew it was shipping tainted hot dogs and deli meats. They were aware of increased levels of listeria before the listeriosis outbreak that killed 15. [799] United Airlines uses pesticides in the cabins of its planes, where some attendants developed rashes, and customers were potentially harmed. [800] In September of 2001, AstraZeneca was found to be pricing medications above the allowed maximum. [801] Merck advertised its drug Vioxx saying the company minimized potential risks, when a preliminary study indicated the drug caused an increased risk of heart attack and stroke. [802] Shortly after the Sept 11th terrorist attacks, Northwest Airlines forced four Arab-American men to leave a plane. [803] Verizon knowingly marked cell phones that exposed users to radiation. [804]

[transportemx]

Honda y Nissan han anunciado planes para unirse, formando el tercer mayor fabricante de automóviles del mundo por ventas, mientras la industria experimenta cambios dramáticos en su transición alejándose de los combustibles fósiles. Las dos compañías dijeron que habían firmado un memorando de entendimiento el lunes y que el miembro más pequeño de la alianza de Nissan, Mitsubishi Motors, también había acordado unirse a las conversaciones para integrar sus negocios. “Anticipamos que si esta integración se materializa, podremos ofrecer aún mayor valor a una base de clientes más amplia”, dijo en un comunicado el director general de Nissan, Makoto Uchida. Los fabricantes de automóviles en Japón han quedado rezagados respecto a sus grandes rivales en vehículos eléctricos y están tratando de reducir costos y recuperar el tiempo perdido. Noticias de una posible fusión surgieron a principios de este mes, con informes no confirmados que indicaban que las conversaciones sobre una colaboración más estrecha fueron impulsadas en parte por las aspiraciones del fabricante de iPhone de Taiwán, Foxconn, de asociarse con Nissan, que tiene una alianza con Renault SA de Francia y Mitsubishi. Una fusión podría resultar en un coloso valorado en más de 50 mil millones de dólares basado en la capitalización de mercado de los tres fabricantes de automóviles. Juntos, Honda y la alianza de Nissan con Renault SA de Francia y el fabricante de automóviles más pequeño, Mitsubishi Motors Corp., ganarían escala para competir con Toyota Motor Corp. y con Volkswagen AG de Alemania. Toyota tiene asociaciones tecnológicas con Mazda Motor Corp. y Subaru Corp. de Japón. Incluso después de una fusión, Toyota, que lanzó 11,5 millones de vehículos en 2023, seguiría siendo el principal fabricante de automóviles japonés. Si se unen, las tres compañías más pequeñas fabricarían alrededor de 8 millones de vehículos. En 2023, Honda fabricó 4 millones y Nissan produjo 3,4 millones. Mitsubishi Motors hizo poco más de 1 millón. Nissan, Honda y Mitsubishi anunciaron en agosto que compartirían componentes para vehículos eléctricos como baterías e investigarían conjuntamente software para la conducción autónoma para adaptarse mejor a los cambios dramáticos centrados en la electrificación, siguiendo un acuerdo preliminar entre Nissan y Honda establecido en marzo. Honda, el segundo mayor fabricante de automóviles de Japón, es ampliamente visto como el único socio japonés probable capaz de efectuar un rescate de Nissan, que ha luchado tras un escándalo que comenzó con el arresto de su expresidente Carlos Ghosn a finales de 2018 por cargos de fraude y mal uso de activos de la compañía, alegaciones que él niega. Eventualmente fue liberado bajo fianza y huyó a Líbano. Hablando el lunes a periodistas en Tokio a través de un enlace de video, Ghosn ridiculizó la fusión planeada como un “movimiento desesperado”. De Nissan, Honda podría obtener SUV grandes con carrocería sobre bastidor como el Armada y el Infiniti QX80 que Honda no tiene, con grandes capacidades de remolque y buen rendimiento fuera de carretera, dijo Sam Fiorani, vicepresidente de AutoForecast Solutions, a The Associated Press. Read the full article

[shautopartsblog]

Toyota has Unveiled a Prototype Alternative-Fuel Engine for the Mainstream Market

Source: Gasgoo

Automaker Toyota Motor Corp. unveiled prototypes of internal combustion engines capable of running on hydrogen, gasoline and other fuels as it seeks to promote alternative technologies to reduce carbon emissions.

Image source: Toyota

Toyota, Mazda Motor Corp and Subaru Corp said they have made progress in developing smaller, more efficient engines that can work with electric vehicle manufacturing platforms and be able to meet stringent emissions regulations in the future.

Buoyed by strong sales of hybrid cars, Toyota and its partners say fuel engines will still play an important role even as the global auto industry shifts to electric vehicles to drive decarbonisation. Japanese manufacturers have long been controversial for their reluctance to fully embrace electrification, but BYD and Tesla are leading the way in electric vehicles.

Toyota CEO Koji Sato said: “To achieve carbon neutrality, the most important thing is to reduce emissions. What we need is an engine that can use a variety of fuels efficiently.”

Toyota Chief Technology Officer Hiroki Nakajima declined to say when Toyota’s new engine would be applied to its vehicles, but said it would ensure it was brought to market before stricter emissions rules were implemented.

Toyota also said Monday it is working with oil company Idemitsu Kosan Co., Heavy machinery maker Mitsubishi Heavy Industries Ltd., and refiner Eneos Holdings Inc. Collaborate on a study to launch carbon-neutral fuels in Japan by 2030.

Still, record production, operating income and stock price have given Toyota the momentum and cash to deliver on its promise to roll out millions of electric vehicles in the coming years. Last year, Sato pledged that Toyota would sell 1.5 million electric vehicles a year by 2026 and 3.5 million by 2030.

At the same time, Toyota has long argued that a variety of options are needed to guide the shift to electrification – what Toyota calls a “multipathway” strategy that offers customers a rich selection of powertrains, including hybrids, hydrogen fuel cells and internal combustion engines, as well as electric vehicles.

Toyota, Mazda and Subaru have all touted their engine prototypes as more compact than current technology and said their designs would be more flexible and creative. Subaru said that in order to maintain its image in the minds of consumers, it will stick with its signature horizontally opposed engines but retrofit them to burn alternative fuels. Toyota showed off 1.5-liter and 2.5-liter engines, which are shorter and smaller but more powerful.

Despite detailed plans to develop new engines, Toyota says it remains committed to electric vehicles. Earlier this month, the company said it would spend an additional 500 billion yen ($3.2 billion) on research and development to decarbonize and develop next-generation software. Ultimately, the automakers say the decision to develop alternative fuel engines will depend on whether the technology makes commercial sense.

[carhirenews]

Mazda Financial Services proves fruitful for consumers, dealers

In April 2020, amid a worldwide shutdown that halted auto manufacturing across the globe, Mazda Motor Corp. was evaluating whether it would be able to open its global manufacturing facilities — including its plant in Hiroshima, Japan, where the automaker is headquartered.Mazda North America Operations, which was then importing all of its vehicles from overseas […] The post Mazda Financial Services proves fruitful for consumers, dealers appeared first on CAR RENTAL NEWS. https://car-rental.news-6.com/mazda-financial-services-proves-fruitful-for-consumers-dealers/

[abdallahsalloum]

Abdallah Salloum - Master Of Strategic Initiatives

Abdallah Salloum speaks English and Arabic with mastery and more basic French and German. While completing his undergraduate studies at William Tyndale College and studying for his MBA at Davenport University, he performed line work for Mazda’s motor manufacturing division. In a career spanning over three decades, he has continued to drive revenue and transformation initiatives at large organizations including Key-Plastics, Grimaldi Group, TRW Automotive Holdings Corp., GE Healthcare, and Ge Oil & Gas.

[neverstopoutlaw]

[1016000768]

[fckeverything-v]

I thought it looked cute

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[adn-motor]

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[taevisionceo]

TAEVision 3D Design Applications Automotive Fashion MAZDA Motor Corp. 'Showroom in the Night Mazda MX-5' MX5 zoomzoom JimEllisMazda of Marietta Atlanta ▸ TAEVision Engineering on Pinterest ▸ TAEVision Engineering on Google Photos

Data 367 - Jul 14, 2023

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Toyota To Take 5% Stake In Mazda, Jointly Build $1.6 Billion U.S Plant

Toyota To Take 5% Stake In Mazda, Jointly Build $1.6 Billion U.S Plant

Japanese automakers Toyota Motor Corp and Mazda Motor Corp announced on Friday they will build a $1.6 billion U.S. assembly plant as part of a new joint venture, while Toyota will take a 5 percent stake in its smaller rival.

The plant, which is planned to start operating in 2021, will be capable of producing 300,000 vehicles a year, with production divided between the two automakers, and employ…

[rjzimmerman]

Excerpt from this story from Reuters:

Toyota Motor Corp, Fiat Chrysler and other major automakers said on Tuesday they were joining General Motors in abandoning support for former President Donald Trump’s effort to bar California from setting its own zero emission vehicle rules.

The automakers, which also included Hyundai Motor, Kia Motors, Mitsubishi Motors, Mazda Motor and Subaru Corp, said in a joint statement they were withdrawing from an ongoing legal challenge to California’s emission-setting powers, “in a gesture of good faith and to find a constructive path forward” with President Joe Biden.

The automakers, along with the National Automobile Dealers Association, said they were aligned “with the Biden administration’s goals to achieve year-over-year improvements in fuel economy standards.”

Nissan Motor Co in December withdrew from the challenge after GM’s decision in November shocked the industry and won praise from Biden.

On Monday, the Justice Department asked the U.S. Appeals Court for the District of Columbia to put the California emissions litigation on hold to “ensure due respect for the prerogative of the executive branch to reconsider the policy decisions of a prior administration.”

Biden has directed agencies to quickly reconsider Trump’s 2019 decision to revoke California’s authority to set its own auto tailpipe emissions standards and require rising numbers of zero-emission vehicles as well as Trump’s national fuel economy rollback.

Separately, the Alliance for Automotive Innovation, another auto industry trade group, on Tuesday proposed to start talks with Biden on revised fuel economy standards that would be higher than Trump-era standards but lower than ones set during the prior Democratic administration.

[hellodainiknews]

Mazda Motor Seeks $2.8 Billion In Loans To Ride Out Pandemic

Mazda Motor Seeks $2.8 Billion In Loans To Ride Out Pandemic

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Mazda has reduced or halted production at factories around the world for the past few months as governments try to limit the spread of the new coronavirus.

By  Reuters

| Published: 13 hours ago