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Toyota and Isuzu Put Small Diesel Engine Procejt on Hold
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Toyota and Isuzu have decided to put joint venture project to develop a new 1.6 liter diesel engine on hold due to uncertainty over vehicle demand.
Plans to build a new JV plant at Isuzu subsidiary Isuzu Engine Mfg. Hokkaido Corp., by 2012 have also been frozen.
The collaboration between the two companies was first announced in July 2007, and aimed to produce a small 1.6-liter, fuel-efficient diesel engine to be used in Toyota vehicles for the European market.
Toyota currently offers in-house developed 1.4-liter and two-liter turbodiesels in its European car lines which are built mostly in the UK (Auris and Avensis), France (Yaris) and in a joint small-car venture with PSA in the Czech Republic (Aygo). Other models are made mainly in Turkey, Thailand and Japan.
Toyota is reviewing all projects in its pipeline to find ways to cut costs as it faces pressure on profits.
On Monday, the company said it would suspend work on a new Mississippi U.S. plant that was scheduled to build the Prius hybrid from late 2010.
[source: Mainichi Japan]
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Baran
on
24 April, 2012 11:46:20
Currently production catiacpy is 580MM gallons; an additional 1,400MM gallons are expected to be produced within the next 18 months, bringing the total supply around ...
Holly
on
24 April, 2012 11:32:52
Don't worry, the demand for diseel will always be strong, even with stronger conservation measures. The supply, on the other hand, is less assured. ...
Ankita
on
24 April, 2012 04:38:06
For American society at least, we need to find a replncemeat for crude oil products that is more sustainable, but will cause little impact on ...
Sergio
on
23 April, 2012 09:16:09
if you get 200 mpg in a Volt and drive 10000 miles per year fuel cost is 200 bucks at 4.00/gal.another person who has a ...
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16 April, 2012 05:51:01
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