Teijin Automotive Systems to Produce Pickup Box for Future Generation Toyota Tundra

AUBURN HILLS, Mich.–(Small business WIRE)–Teijin Automotive Systems (previously Continental Structural Plastics) today introduced it is manufacturing the pickup bins for the up coming era 2022 Toyota Tundra Pickup truck. These packing containers are being created at the company’s new facility in Seguin, Texas.

The Tundra pickup box is molded in one particular piece employing one particular of Teijin Automotive Technologies’ proprietary composite formulations. The box is readily available in 3 lengths – 5.5 toes, 6.5 feet and 8 ft 1 inch – and accessible with optional lighting features. Teijin Automotive Technologies is also creating the tailgate addresses out of composites, which will be assembled on to the packing containers along with the D-pillar prior to cargo to Toyota’s production facility in San Antonio, Texas. Comprehensive generation on the pickup box started in November 2021.

The molding and assembly procedure used by the workforce at Seguin intently mimics that utilized by Teijin Automotive Systems at its facility in Tijuana, Mexico, in which it has been producing the pickup boxes for the Toyota Tacoma considering that 2004. Due to the fact the start off of output, Teijin Automotive Systems has generated additional than 2 million composite pickup bins for the Tacoma application.

“The possibility to generate the pickup box for the really-predicted subsequent era Tundra is one thing we had been honored and energized to get,” points out Steve Rooney, CEO of Teijin Automotive Technologies and typical manager of Teijin’s Composites Business enterprise Device. “We have been delivering remarkable good quality and on-time supply to Toyota out of our Tijuana facility for a lot more than 17 yrs. This new application will permit us to further solidify our romantic relationship with this vital shopper and at the exact same time showcase the incredible traits composites present for pickup packing containers and other programs.”

Composite pickup bins provide buyers exceptional longevity. They do not dent or ding, will not rust, and eradicate the need to have for a bedliner, hence conserving weight.

Teijin Automotive Systems broke floor on the new Seguin facility in 2019. The now accomplished 200,000 sq.-foot facility incorporates absolutely-automatic production cells and various massive compression molding presses – which includes a 5,200-ton push – the most significant such push west of the Mississippi River in the United States. The facility also options a topcoat paint line, and automated bonding and trimming cells. It employs approximately 200 persons in engineering, administrative and output positions.

About Teijin Automotive Technologies

Teijin Automotive Systems specializes in the advancement and generation of sophisticated composite elements – which include carbon and glass fiber – for the world wide automotive and transportation industries and is an integral component of the Teijin Group of firms. The organization is a all over the world chief in composite formulations with a emphasis on giving automakers with lightweight, sturdy solutions that empower layout and packaging versatility. Headquartered in Auburn Hills, Mich., United states of america, Teijin Automotive Technologies has 29 functions in 8 countries and employs additional than 5,000

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Toyota, key chip provider to slash generation owing to Japan earthquake

A car or truck dealership’s window is damaged subsequent a strong earthquake in Koriyama, Fukushima prefecture, Japan in this image taken by Kyodo on March 17, 2022.

Kyodo| via Reuters

DETROIT – A significant earthquake this week in Japan is creating extra problems for the previously constrained world-wide automotive offer chain, which carries on to deal with through troubles brought about by the coronavirus pandemic and Russia’s ongoing invasion of Ukraine.

As corporations keep track of and evaluate probable residual impacts of Wednesday’s 7.4 magnitude earthquake on their source chains, automobile corporations most right away impacted involved Toyota Motor and Renesas Electronics, a major provider of semiconductor chips for the automotive industry.

Study agency LMC Automotive expects the earthquake to guide to decrease vehicle output this 12 months of among 25,000 and 35,000 vehicles and trucks, adding to presently-lessened anticipations owing to an ongoing scarcity of semiconductor chips and the war in Ukraine.

“This is just an additional layer on best of an presently fragile procedure the place we’re observing a whole lot of stress on the production aspect of the business,” said Jeff Schuster, LMC’s president of the Americas. “It can be definitely a little something the marketplace failed to require at this position.”

Toyota on Friday said it would suspend functions at additional than 50 percent its vegetation throughout Japan. The world’s greatest automaker by volume claimed 18 generation traces at 11 plants (out of 28 strains at 14 crops) would be down for a few times next week thanks to source issues brought on by the earthquake.

“Thanks to the pieces shortage resulting from suppliers afflicted by the earthquakes, more adjustments will be created to production functions in some crops in Japan as follows,” Toyota stated in a statement.

The shutdowns had been declared a working day following Toyota lower output output by 150,000 units from April to June thanks to expanding supply chain uncertainty.

For far more than a yr now, the global automotive business has been dealing with a world wide scarcity of semiconductor chips triggered by plant shutdowns at the starting of the coronavirus pandemic. The chips are the most noteworthy problem amid world wide supply chain challenges triggered by the pandemic, climbing charges, inflation and Russia’s invasion of Ukraine.

“The top rated line for this is it’s a different affect on an currently constrained program,” explained Stephanie Brinley, principal automotive analyst at S&P Global Mobility, formerly IHS Markit. “It does seem to be a short-term affect … but it really is just not industry demands to deal with correct now.”

Renesas, which reportedly tends to make almost a third of the microcontroller chips utilised in cars and trucks globally, operates three plants near to the earthquake’s epicenter in northeast Japan, according to the company.

The Tokyo-based semiconductor supplier explained it really is making an attempt to restart the vegetation and return them to pre-earthquake output volumes by Wednesday, like a single as early as Sunday.

The great importance of Renesas in the international

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Subaru’s quarterly profit strike by chip crisis as generation, profits fall

TOKYO — Subaru income plunged by two-thirds in the most up-to-date quarter as crimped production and falling gross sales hammered final results, driving backorders bigger and forcing the automaker to slash its earnings outlook with no crystal clear indications of reduction from the ongoing semiconductor crisis.

Subaru Corp.’s working earnings dropped 66 per cent to 22.7 billion yen ($197.2 million) in the fiscal third quarter finished Dec. 31, the automaker said in a assertion on Monday.

Subaru explained it was hit by growing uncooked content costs in addition to slumping volume owing to the ongoing world microchip shortage. Subaru’s around the globe output fell 20 % to 207,000 models in the October-December period, for a 11 per cent production slide in the to start with three quarters.

All over the world gross sales tumbled 35 percent to 173,000 in the most up-to-date a few-thirty day period period.

Subaru again downgraded its revenue outlook, for the third time this calendar year. It now expects to market 740,000 autos in the total fiscal year ending March 31, 2022. That signifies a 14 p.c decline from the previous year and is way off the automaker’s preceding intention of 830,000 models, which was down from a revised 960,000 units. It originally forecast world-wide volume of 1. million vehicles.

Subaru is specifically prone to the semiconductor logjam for the reason that of its smaller size and extensive use of commonized components, executives say. CFO Katsuyuki Mizuma explained it was nevertheless unclear when offer chains and manufacturing stages would return to ordinary for Subaru.

The creation bottleneck is resulting in backorders to balloon as Subaru fails to produce products.

Backorders in the U.S. soared to 42,000 automobiles in the October-December quarter, from 30,000 in July-September and 17,000 in April-June. At the commencing of 2021, they stood at just 5,000.

Mizuma said the backorders are likely to hold developing and that Subaru is performing with dealers to retain consumers from growing frustrated and canceling their orders. Subaru experienced to suspend operations at its plant in Japan for 6 times in late January, even further denting deliveries.

For a second time, Subaru also lowered its working financial gain outlook for the recent fiscal year ending March 31, 2022. It now expects running earnings to dip to 100. billion yen ($868.9 million).

That is down from its preceding target of 150. billion yen ($1.30 billion) and its first intention of 200. billion yen ($1.73 billion). The revised forecast is down from 102.5 billion yen ($890.6 million) booked the calendar year ahead of. Subaru also reduce its forecasts for entire-yr net earnings and profits.

Subaru blamed slipping sales and growing uncooked substance expenses for the downwardly revised outlooks.

In the Oct-December period, the all-wheel-travel area of interest participant explained net profits slid 64 p.c to 18.1 billion yen ($157.1 million). Income retreated 22 % to 665.9 billion yen ($5.78 billion) in the 3 months. U.S. income, which address wholesale quantity, led the worldwide volume plunge with a 39 percent fall

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Ford continues to reduce generation in Europe

Output remains halted or decreased at 3 of Ford Motor’s four main European auto assembly crops mainly because of the semiconductor scarcity, the enterprise reported.

“As a consequence of the semiconductor provide challenge affecting a great deal of the world auto business, we took downtimes in many crops presently before this year,” Ford stated in a statement. “We are carefully checking the circumstance and adjusting manufacturing schedules the place required.”

Output stoppages are possible to continue as chip crisis drags on, a source close to Ford of Europe mentioned. 

Globally the chip shortages will “continue to run through 2022, and could lengthen into 2023.” Ford Main Money Officer John Lawler said on an earnings simply call at the conclusion of October.

Other corporations are far more optimistic. Toyota claimed not long ago that it expects to make up for lost creation in December.

Ford has missing about 375,000 units of manufacturing this calendar year at its passenger car or truck and van factories in western and eastern Europe by way of the initial week of November, in accordance to an estimate from Sam Fiorani, vice president world-wide auto forecasting at AutoForecast Methods, who tracks the effects of the scarcity. 

Missing production among all companies was 2,016,790 in western Europe and 841,987 in jap Europe, Fiorani said. Globally, about 10 million models have been lost this year, he mentioned. 

The existing status of the four crops, according to Ford:

  • Cologne, Germany: Production of the Fiesta small automobile is halted right until Nov. 22. 
  • Saarlouis, Germany: Creation of the Focus compact is established to resume on Tuesday, with further down times on Nov. 19, Nov. 22 and Nov. 26.
  • Valencia, Spain: Generation restarted on Monday on autos such as the Kuga compact SUV but down days totaling 33 times from September will continue to December. 
  • Craiova, Romania: Output at the plant, which builds the Puma and EcoSport small SUVs, has resumed in three shifts considering that the start of November.

Ford has focused on making its two most popular SUVs during the chip scarcity. The Puma was Ford’s finest-providing car as a result of September in the region, with profits up 49 per cent to 117,218 models, in accordance to data from JATO Dynamics. The Kuga was the No. 2 seller, up 50 p.c to 83,371 units.

The level of popularity of the two SUVs arrived at the expenditure of Ford’s common finest-sellers, the Fiesta and the Aim. Fiesta revenue were being down 21 percent to 78,800, even though Emphasis sank 47 p.c to 67,791, according to JATO.

Ford’s current market share dropped one percentage issue to 4.6 p.c by September in Europe, according to information from market group ACEA. The automaker was overtaken by both equally Skoda, which rose to 5.2 %, and Toyota manufacturer, which claimed a share of 6.1 percent, the facts showed.

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