The first female senior executive to ever hold a managing officer role with Toyota has resigned.
The uncharged Julie Hamp remains in custody in Japan after being accused of attempting to import Oxycodone from the United States. Japanese prosecutors have 20 days to charge Hamp. That window expires on July 8.
Toyota issued a statement today:
On June 30, 2015, Toyota Motor Corporation (TMC) received notification from Ms. Julie Hamp of her intent to resign her position of Managing Officer. TMC has accepted her resignation after considering the concerns and inconvenience that recent events have caused our stakeholders.
Senior Managing Officer Shigeru Hayakawa will act as Hamp’s interim replacement.
Proving the first Chinese cars to come to America will be imported by established brands, Volvo has a number of S60 sedans on the boat from China and they’re expected to arrive in about two months.
Manufacturing in China is just one part of Volvo’s plan to boost sales to 800,000 units annually before 2020.
While the eternal debate about whether Japan is or isn’t a closed market continues to rage onwards, the Nikkei reports that a new phenomenon is occurring in Japan: imported vehicles from domestic brands are starting to trickle in.
Aside from Infiniti sharing engines with Mercedes, the Daimler-Nissan joint venture will also lead to production of the next-gen CLA and an A-Class sedan at Nissan’s plant in Aguascalientes, Mexico.
Honda may have been the first OEM to bring Chinese-made cars to North America, but their Made-In-China Fit never arrived in the United States. Now, it looks like Volvo will be the first brand to import Chinese-made cars to America.
Opel is announcing that they will build a Buick model for North America in the “second half of the decade”.
Backed by Warren Buffet and his investment company Berkshire Hathaway, Inc.,Automotive News is reporting that Chinese automaker BYD plans to deliver four models to the United States in late 2015.
An obscure story in the Azerbaijani press this past summer may be the tip of a much larger iceberg involving General Motors, PSA Peugeot Citroen and the Western World’s current bete noir: the Iranian regime currently embroiled at the heart of a controversial nuclear program, which is subject to economic sanctions by the United States government, including those that specifically target Iran’s automotive industry.
Citing reports from Iran’s Mehr news agency, an Azerbaijani news outlet reported that an unspecified number of brand new Chevrolet Camaro RS 2LT convertibles were imported by a division of Iranian conglomerate Iran Khodro. According to the report, the Camaros were sent from Miami to Paris, and then from Paris to Tehran via a Qatar Airways plane. The report also states that US Customs and Border Patrol documents list the final destination as the Aras Free Trade and Industrial Zone.
Honda’s rear-driven products built for two tend to be motorcycles, scooters and ATVs for the most part, but every now and again the company will unveil a roadster whose name begins with an S, and ends with the number of cubic centimeters the engine provides.
Such a car is set to return soon to the showroom floor, and will make its debut at the Tokyo Motor Show in November: The Honda S660.
The big news this past week from Nissan: lots of old iron at Pebble Beach, concept car test drives for sympathetic journalists and a pledge to have autonomous cars ready (but not on sale) for 2020. More interesting than that is news of Nissan’s booming exports from America. Some say that this is the “new normal” – Japanese OEMs expanding their manufacturing base in America as they leave Japan en masse to both insulate themselves from a volatile yen, take advantage of America’s welcoming manufacturing climate and shed a reliance on Japan’s aging and declining population. And even more interesting than that is how it was presented.