Toyota shrugs off pandemic and chip shortage as quarterly profit nearly doubles

Katherine Tai said she will use the new factory-specific labor enforcement provisions of the U.S.-Mexico-Canada Agreement on trade to address longstanding labor issues in Mexico.

Key parts supplier Toyotetsu ceased production the week of April 26 after eight employees tested positive for the virus.

Riverhead Chrysler-Dodge-Jeep-Ram on Long Island had been owned by the Strollo family since 1976.

The agreement will allow Ultium Cells to recycle up to 100 percent of material scrap from battery cell manufacturing.

GM plans to begin full-size truck production in Oshawa sometime in the fourth quarter of this year.

Ford has said it is investing $700 million in the new manufacturing facility for the assembly of an electric version of its best-selling F-150 trucks.

The factory that builds the Chrysler Pacifica, Grand Caravan and Voyager will not operate during the week of May 17.

The automaker sold 25,845 locally made vehicles in April, down from 35,478 units in March, Bloomberg reported.

There was no obligation for Nissan to pay him any deferred compensation that was relinquished voluntarily, the former chairman told prosecutors in 2018.

Subaru’s fiscal-year operating profit plunged by more than half as the Japanese automaker battled the pandemic, microchip shortage, foreign exchange losses and rising costs.