Hyundai Motor and its Indian affiliate have charged HGM, the Indian arm of South Korean knockoff car maker Global Motors, of improperly utilizing the name "Hyundai" and the automaker's emblem.
ESM’s Three Cents complements Coca-Cola HBC’s existing adult sparkling beverage portfolio, which includes Schweppes and Kinley.
Macau has seen its casino industry sales shrink by a whopping 95 percent following China’s rigorous zero-COVID-19 policy, setting an all-time low record ever since statistics were made available in 2009.
To commemorate Lamborghini's founding year of 1963, the fourth NFT will only be produced in a restricted quantity of 63 pieces.
Beginning October, Hormel’s internal segments will consist of Retail, Foodservice, International, and Brand Fuel.
Heinz baked beans and Quaker rolled oats are just some of the unique ice cream flavors that are offered to Londoners.
Burger King hasn't publicly acknowledged this significant change yet, and its not known how or if the chicken is any different on the new sandwiches.
According to Mark Armstrong, a packaging specialist at Iceland, bag sealing was a challenge, as was ensuring the material had the necessary barrier properties.
The number 45 is embroidered on the lace to signify the 45th anniversary of the McDonald's All-American game, despite the fact that this is not an official McDonald's cooperation.
Toyota domestic output drops 28.5% due to chip shortage, parts crunch
Toyota Motor Corp's domestic output dropped 28.5 percent to 144,204 vehicles in May from a year earlier, declining for the third straight month due to a global chip shortage and a parts supply crunch caused by Shanghai's COVID-19 lockdown.
According to a major Japanese automaker, the pace of decline was the highest since January, when domestic production plunged 32.2 percent from the prior year.
Toyota had to halt production at a few of its Japanese factories because parts were hard to get by during the lockdown.
After floods in South Africa impacted its manufacturing, Toyota reported that its overall output in May decreased 5.3 percent from a year earlier to 634,940 units, falling short of its production goal of approximately 700,000 automobiles.
Although the lockdown in Shanghai was lifted on June 1, the difficulty in obtaining parts from the Chinese metropolis is still having an impact on Toyota's manufacturing.
Rivals Nissan Motor Co. and Honda Motor Co. increased operations at their plants, which resulted in a large increase in domestic production in May compared to a year earlier.
Nissan's domestic production increased by 77.9 percent to 26,799 units as sales of its new Note compact car model increased. Honda's production increased by 57.7% to 37,285 vehicles, demonstrating a significant recovery from a year earlier when domestic manufacturing sharply declined.
Conversely, Honda's global production decreased 14.5 percent to 244,368 units as a result of the chip scarcity and Shanghai's lockdown.
Nissan's global output increased by 1.7 percent to 231,732 cars, the first increase in 11 months, despite the chip shortage, thanks to strong domestic manufacturing.
According to industry data, the total domestic production of eight major Japanese automakers—including Toyota, Nissan, and Honda—fell by 16.0 percent in May to 396,433 vehicles as a result of the worldwide components shortage.
Their global output of 1.62 million units decreased by 0.2 percent.