MHIET’s Indian Subsidiary MVDE Achieves Cumulative Production of 200,000 Industrial-Use, Small Diesel Engines JCN Newswire

MHIET’s Indian Subsidiary MVDE Achieves Cumulative Production of 200,000 Industrial-Use, Small Diesel Engines

22 6 月, 2022
TOKYO, Jun 22, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET), a part of Mitsubishi Heavy Industries (MHI) Group, announces that its subsidiary in India, Mitsubishi Heavy Industries-VST Diesel Engines Pvt. Ltd. (MVDE)*, has achieved a cumulative production of 200,000 units of industrial-use, small diesel engines. This achievement was made possible by the acknowledgement of the engine's durability in harsh environments and the manufacturing quality originated in Japan, as well as the high demand for engines to be used in industrial applications including agricultural equipment and generators.MVDE is a subsidiary of MHIET, established in 2007 as a joint venture with V.S.T. Tillers Tractors Ltd. (VTTL), a local agricultural machinery manufacturer. MHIET holds a 96.8% stake in the company, and VTTL 3.2%. MVDE's diesel engines are trusted by OEMs of agricultural machines, generators and other equipment around the world and reached a cumulative production total of 100,000 units in 2018. OEMs in India have been focusing not only on the domestic market, but also Europe and other markets, resulting in a steady increase in the sales of MVDE engines.Taking advantage of the momentum from reaching this milestone, MHIET and MVDE strengthen the sales, procurement, manufacturing and aftersales service further to respond to the growing demand in the Indian market and other markets by utilizing its global network.*For more information on MVDE, visit https://www.mhi.com/group/mvde/ Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
More
Toyota: Adjustments to Domestic Production in June and July JCN Newswire

Toyota: Adjustments to Domestic Production in June and July

16 6 月, 2022
Toyota City, Japan, Jun 16, 2022 - (JCN Newswire via SEAPRWire.com) - We at Toyota would like to again apologize for the repeated adjustments to our production plans due to the parts shortage resulting from the spread of COVID-19, and for causing considerable inconvenience to our customers who have been waiting for the delivery of vehicles, suppliers, and other parties concerned.We have decided to suspend operations at some of our domestic plants from June 17 (Friday) due to low attendance caused by a COVID-19 outbreak at one of our suppliers, and a shortage of parts supply caused by a production equipment defect at another supplier. The suspension plan this time is in addition to the recent announcement (Adjustments to domestic production in June).As a result of those suspensions, the number of units affected will be approximately 40,000 and the global production plan for June is revised to be approximately 750,000 units from the original plan (approx. 800,000 units). The production forecast for the fiscal year remains unchanged (approx. 9.7 million).The global production plan for July will be announced at a later date.As it remains difficult to look ahead due to the shortage of semiconductors and the spread of COVID-19, there is a possibility that the production plan may be lower. However, we will examine the parts supply closely to minimize sudden decreases in production, and continue to make every effort possible to deliver as many vehicles to our customers at the earliest date.For the suspension schedule of domestic operations in June and July, please visit the link: https://global.toyota/en/newsroom/corporate/37473329.html Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
More