It’s hard out there for a sports car manufacturer, especially if it is owned by a larger company. Lotus has been owned by the Malaysian car company Proton since 1995, when the company was bought from the then bankrupting Bugatti (which itself got eventually bought out by VW). Over the last 17-years, Lotus has not...
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Labeled as perhaps the worst natural disaster to ever hit a nation, the earthquake and tsunami that devastated the nation of Japan last month, is still causing an effect on its people and industry. Many car companies have suffered and Toyota, the largest car company in Japan is no exception. Their production delays will have...
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As result of ongoing supply chain problems, the company announced to US and Canadian Employees on March 30th, that it would be reducing production output at North American plants.
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Toyota has warned that production of vehicles in the US and Canada could be affected because supplies of some parts from Japan are running low.
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