Tag Archives: Motor

Does Ford Motor (NYSE:F) Have A Healthy Balance Sheet?

The external fund manager backed by Berkshire Hathaway’s Charlie Munger, Li Lu, makes no bones about it when he says ‘The biggest investment risk is not the volatility of prices, but whether you will suffer a permanent loss of capital.’ When we think about how risky a company is, we always like to look at its use of debt, since debt overload can lead to ruin. We note that Ford Motor Company (NYSE:F) does have debt on its balance sheet. But is this debt a concern to shareholders? When Is… Source link

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17% of BMW motorcycles made by TVS Motor

Chennai, Dec 15 (IANS) India’s two- and three-wheeler maker TVS Motor Company rolls out 17 per cent of BMW motorcycles from its Hosur factory, the German Consul General in Chennai has said. Visiting the TVS Motor plant recently, Karin Stoll, German Consul General tweeted: “Never seen so many 2-wheelers in my life incl. the results of yet another amazing #indogerman #technology + #manufacturing #partnership. Great visit to @tvsmotorcompany in #Hosur #TamilNadu yesterday, 17% of @BMW bikes… Source link

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Hyundai Motor News: Hyundai Motor to launch dedicated EV platform in major push into electric cars |

SEOUL: South Korea’s Hyundai Motor Group said on Wednesday it will introduce an electric vehicle-only platform early next year that will use its own battery technology to cut production time and costs. The plan underscores efforts by the world’s No.5 auto group to become a major player in the global EV market, as car makers around the world are pouring billions of dollars of investment to improve battery technology, which keeps EV prices high compared with combustion engine models. Market… Source link

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Toyota Kirloskar Motor News: Toyota halts operations at Indian plant again as union strike continues |

BENGALURU: Toyota Motor Corp again halted operations at its car plant in southern India from Monday, as the majority of members of its workers’ union continued a sit-in strike, the automaker said. Both the Toyota Kirloskar Motor (TKM) factories in the industrial hub of Bidadi, Karnataka, had declared a “lock out” on Nov. 10 after the union went on strike, saying that their demand to withdraw the suspension of a worker was not met. The local state government’s labour department had… Source link

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Toyota Kirloskar Motor News: Toyota crosses 400 customer touch points across India |

NEW DELHI: Toyota Kirloskar Motor (TKM) on Friday announced that the brand has reached a new milestone of over 400 customer touch points in the country, catering to the newer emerging markets. The company inaugurated its 401st outlet – BJS Toyota in Bellary, Karnataka. The company recently, also announced the launch of its first-ever Regional Stock Yard in Northeastern India, thus ensuring a leaner and efficient distribution network across the Northeastern states. Besides, TKM has enhanced… Source link

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Toyota Kirloskar Motor News: Toyota rolls out car lease and subscription program |

NEW DELHI: Toyota Kirloskar Motor on Tuesday launched the all-new car leasing and subscription program in India called Toyota’s Mobility Service (TMS). The subscription program will be launched in Delhi-NCR, Bangalore and Mumbai in its initial phase and then it will gradually expand to ten more cities within the first year. The current models offered for subscription are Toyota Glanza, Yaris, Innova Crysta, Fortuner and the upcoming Urban Cruiser. Under this new initiative, customers can… Source link

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Hemmings Motor News Great Race postponed until June 2021

CHATTANOOGA, Tenn. (KFVS) – The 2020 Hemmings Motor News Great Race has been rescheduled for June of 2021. The event will still start in San Antonio, Texas, in front of the Alamo on June 19, 2021. It will end in Greenville, South Carolina, on June 27, 2021. “The safety of Great Racers, their support crews and our staff is our top priority, and we believe that postponing the event in the responsible decision with the conditions and restrictions we are facing,” race director Jeff Stumb said.

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Toyota Kirloskar Motor News: Toyota Kirloskar resumes operations at Bidadi plant |

NEW DELHI: Toyota Kirloskar Motor (TKM) on Friday said it has resumed operations at its Bidadi plant in Karnataka after taking measures to sanitise the facility where two employees had tested positive for COVID-19 earlier this month. The company had suspended operations at the unit on June 17 after two employees, who had attended work on June 7 and 16, respectively, tested positive for the infectious disease. “Post confirming the safety of the workplace and adhering to all the mandatory… Source link

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Toyota Kirloskar Motor News: After Maruti and Hyundai, Toyota Kirloskar manufacturing facility latest casualty of Covid-19 |

NEW DELHI: Two employees at Toyota Kirloskar Motor’s Bidadi plant in Karnataka have tested positive for COVID-19, the auto major said in a notification. The automaker, which had resumed production at the plant on May 26 after weeks coronavirus-led lockdown, has again temporarily suspended operations at the facility due to the confirmed cases. Toyota Kirloskar Motor (TKM) said it had partially restarted operations with a reduced workforce at its plants while all the strategic business units… Source link

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