Toyota chapter men: recall crisis is "good lesson"
CRI's hearing 5 24 may car Toyota, President of Toyota chapter men (Akio Toyoda) that recall the event on the company's internal and external oversight is a "good lesson" that he hoped that Toyota developed from worldwide recall of millions of cars, the crisis will become more powerful. Toyota chapter men this week in California, Palo Alto interview said, "Japan has a proverb: after the rain, the ground will become more rigid. Because of our experience of this period, I can be very confident that Toyota has become increasingly attached importance to the client and security issues. ”
Ya Guinness (Gallery Forum)
Toyota company headquartered in Japan, Toyota city, Toyota is making efforts to rebuild its due to unexpected acceleration issues recall of 800 million cars and damaged reputation. Chapter 54-year-old male from Toyota a year instead of Watanabe (Katsuaki Watanabe) successor Toyota CEO, he believed that these problems may be a Toyota to become the world's largest automobile manufacturer's rapid expansion in the process. As the founder's grandson, Toyota, Toyota chapter men turning to his promotional opportunity, said, "this is a very difficult start. But at the same time, I realized the advantages of Toyota, including our loyal customers, suppliers and distributors. "A few months ago, Toyota as the gas pedal stuck issue recall events in Europe be fined. After that, due to the gas pedal stuck and mat slide stuck throttle arise recall events, participated in the 4th United States Congressional hearings. Among them, Toyota chapter men and other senior attended the hearing in February, the last of the hearing on 20 May. Toyota-United States depository, per share represents two shares, up $ 1.59 2.1% yesterday to $ 75.59 comprehensive trading on the New York Stock Exchange. In Tokyo by 1.9 percentage points, to 3355 yen.
Survey
United States Department of transportation continues to Toyota's recall event of subsequent processing for investigation. United States National Highway Traffic Safety Administration last month for Toyota intentionally concealing the gas pedal is flawed, for its Office to a record fine of 1 million, this month began investigations in 2005 due to certain models of steering wheel defects and recall of events. Toyota chapter men said, "the customer's security is Toyota and the National Highway Traffic Safety Administration, an issue of common concern, we will continue to fully cooperate. "Toyota has established a Toyota chapter male-led global quality Committee, the Committee on March 30, held its first meeting. Toyota also is developing a new technology centre will gather from around the globe for quality problems, and quickly make decisions related to recall problems. Senior Managing Director of Toyota ijichi lung-yen (Takahiko Ijichi) on May 12, said that as of March of the previous fiscal year, due to the loss of the recall of sales for the five million, lower than originally forecast 10 million units. Since Toyota have adopted discount measures, April, in the United States sales up 24%.
Increasing competition
California Santa Monica in the automotive industry researcher and senior industry analyst Jessica ? Caldwell (Jessica Caldwell) said that Toyota must withstand live United States market, increasing competition, these competition comes from Ford company and modern company's new models. Modern car website Sonata (Gallery Forum) car in February in the United States launched April sales soared 57%. The competition is the Toyota Camry, jiamei rising 10% last month sales. Ford April sales growth of 25%. This
, Toyota announced that it will acquire electric car maker Tesla Motors 50 million shares. Tesla CEO El Dragon ? marske (Elon Musk) said that his company will buy a Toyota is located in California, a joint venture plant for the manufacture of the S series cars and other vehicles. The two companies have issued a joint statement, the cooperative development of electric vehicles, spare parts, production systems, and engineering and technical support. This consolidation scenarios, the world's largest hybrid Toyota Automobile Dealers, and currently the only sold the United States legal Highway electric Tesla companies closely together.Infinite possibilities
Toyota chapter men said, "I think Tesla technology has unlimited possibilities. Through cooperation with Tesla, I hope Toyota of all employees to remember the ' joint venture ' of the spirit. "Because of the United States mechanism to promote auto manufacturers to provide low-emission vehicles, which may help to Toyota and Nissan Motor Company and General Motors to sell electric cars in competition. The revitalization of the 4 month in California, Fremont off of new joint-venture for automotive manufacturing companies, also may enhance plant of Toyota's image. Marske said, the reopening of the Toyota and General Motors joint venture before 25 years of Nu-m company, ultimately might create some 1 000 more jobs. Toyota chapter men said, "we have a month to see the results, this is something we are proud of. ”（yoyo）
Johnson plans 12.5 billion acquisition of Visteon assets
An integrated electric Super cars, auto parts and building automation system supplier Johnson on May 21, announced that it plans to 12.5 billion acquisition of Visteon company car interiors business and e-business. Current Visteon (its former parent company to Ford car) company is reorganizing under bankruptcy protection.
Johnson spokesman Mr. Strayer Jacqueline F. 21 at a press conference, said: "we Visteon Corporation is interested in this transaction on Johnson's future development is significant, because it will help to broaden and deepen our global automotive customer relationship. As regards this point, I believe that the shareholders entered in 24, Delaware (Delaware), the United States bankruptcy court hearing, will be felt. ”
However, Visteon Corporation has said that, while Johnson will be on Monday's hearing to provide additional information, but its acquisition of intentions still lack important information and conditions harsh, fuzzy definition. In addition, the acquisition of intention has not made it clear that any increase in value of Visteon.
According to Visteon Corporation on May 7, a message, it is currently trying to 95% of the stock from its bond holders there for 12.5 million investment fund to help themselves, and this action would cause Visteon existing stock suspension.
Japan electric vehicle charging travel thousands of kilometres after a record-breaking
Xinhua News Agency dispatches Japan electric vehicle Club last weekend for pure electric vehicle charging the farthest distance after a single test. A pure electric vehicle travelling more than 1000 km of continuous before running out of power, and vibration electric vehicle market.
Japan common social 24, reported that at 23, complete tests, electric vehicle Club 17 pilots take turns driving an electric car for up to 27 hours to a maximum of 40 kilometers per hour driving 1003.18 km. The entire testing process auto battery never charging.
Electric vehicle Club now to apply for the Guinness Book of world records.
Testing the use of batteries for electric vehicles to Japan SANYO Electric Company is a manufacturer of lithium-ion battery system.
Battery endurance limited and charging time has always been a block EV a major obstacle to universal access. The industry believes that the rechargeable battery charger can be driven after a single car 1000 km for electric car industry is an important step forward.
US-car loan market recovery boosting sales growth innovation high
CRI's hearing Jody ? Bowman is a 38-year-old housewife and her 2003 Chevy minivans have paragraph unusable, but due to the acquisition of the wagon and owed $ 8900 has not repaid the loan. In addition, her credit card also overdrawn by $ 5000 in cash on hand or to purchase. Given these circumstances, Bauman did not dare to imagine to get car loans, but two weeks ago, she successfully obtained a loan of us $ 15500 and bought a travelling 2005 paragraph Toyota Sienna minivan.
As Bowman such buyers now easier access to credit, this United States vehicle sales performance this year, the United States to restore credit car sales growth was highest in 26 years. Car loan guarantee securities market has two consecutive years of expansion, the loan company has more money to more customers with loans, and last year their loan applications may be rejected. Texas car loan company AmeriCredit CEO Dan ? Burs (Dan Berce) said: "last summer it is very difficult to get funds, we provide almost is avoid loans. Earlier this year, we check out Texas, California and the United States in the Northeast car loan repayment conditions, we were very satisfied with the results, so we decided to lower the credit rating of the lender. ”
Chevrolet orlando
According to data provided by pengboshe, 4 month across the United States issued a total of 229 million car loan securities, compared with 67% 137 billion growth. AmeriCredit Corporation specializes in subprime loans business, the company on 31 March sold 2 million car loan securities, this is since November 2008 AmeriCredit first does not depend on the fed regularly asset backed securities lending tools (TALF) plans to sell a car loan guarantee Corporation, the company on May 13, also sold 6 million such securities.
Scoring system
The loan companies use digital grading system to apply for the lender ratings, score many variables when considered from the fee El Chol (Fair Isaac) company's FICO scoring system, such as credit and loan repayment of overdue. AmeriCredit will apply for the lender ratings compared with other customers, to determine the likelihood of repayment of the loan applicant. Burs that a year ago the company car loan approval rate for only 20% are now up to 35%. The first quarter of this year, the company provides 3.48 million new car and used car loans, far more than the same period last year by 1.24 000 sum. At the same time, according to data provided by pengboshe, April the entire US car sales grew by 17%. Automotive information data company AutoData says, if this trend continued until the end of the year, the increase in automobile sales this year will be the largest since 1984.
Toyota Seine
TALF program support
Last March, the Fed has launched regular tools for asset-backed securities loan (TALF) plans to promote auto, credit card and education loan market recovery. Under the programme, the United States Government to the high ratings of securities purchaser loans, thereby indirectly stimulate consumption credit. Divided by the new release of the commercial real estate mortgage-backed securities (CMBS) to guarantee continuity of the TALF loans to the end of June, the plan had been to the end of the month of March. New York Investment Bank KBW analyst Samuel ? Gerhard Le (Sameer Gokhale) pointed out that the secured car loans are sought after because securities even in a recession, a car loan default rate remains relatively low. He said: "for a car loan financing market for a dramatic recovery, particularly subprime loan market. "Last year car loan guarantee securities were sold 660 million, representing an increase of 30% in 2008. This class of securities of selling the car dealer can provide more car buyers to provide financing. Market research company CNW CEO-? la than NIE (Art Spinella) pointed out that the automobile manufacturer's financial service company provides car loans in total loan volume of 34%, the Bank provided loans also accounted for 34% and credit cooperatives (credit union) and financial company offers 14% respectively. In accordance with the loan contract, Bowman and her husband of welding work would pay $ 345 per month, even
Added 60 months. Bowman said: "I know in theory we also does loan possibilities is large, but we are always on-time repayment of the loan. ”（yoyo）Japan safety equipment manufacturer-Takada United States plant expansion
An integrated electric super car, Japan-Takada (Takata) recently undertook, Takada will Michigan in the United States Auburn (Auburn Hills, Mich.) factory invested US $ 1460, and the creation of 40 jobs.
Takada Auburn factory's existing staff of 537. Takada will build in Auburn factory new hydraulic servo crash simulator for the Engineering Department and Development Department of motor vehicle crash test simulation.
Takada company mainly produce safety protection devices such as seat belts and airbags. 高田的客户有本田、通用、克莱斯勒、福特、丰田、日产宝马和斯巴鲁。