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The China Earthquake Networks Center automatically determined that an earthquake of approximately magnitude 6.0 occurred at 22:27 on December 31 near the eastern coast of Honshu, Japan (40.43°N, 141.91°E). The final result is subject to the official rapid report.The Dow Jones Industrial Average opened 19.21 points higher, or 0.04%, at 48,386.27 on Wednesday, December 31; the S&P 500 opened 2.41 points higher, or 0.03%, at 6,898.65; and the Nasdaq Composite opened 16.50 points higher, or 0.07%, at 23,435.58.On December 31, 2025, CATL and the Xiamen Municipal Peoples Government signed a strategic cooperation agreement in Xiamen. The two parties will jointly build a zero-carbon science and technology city and explore new paths for the development of zero-carbon cities and industries. They will focus on building a global zero-carbon technology R&D center, vigorously developing zero-carbon technology services, and using the zero-carbon science and technology city as a core platform to attract and gather upstream and downstream enterprises in the zero-carbon industry, building a collaborative industrial ecosystem. CATL will leverage its existing industrial base in Xiamen, including Xiamen CATL, Xinengan, CATL Electric Services, and Shizheng Energy Storage, to comprehensively expand its zero-carbon ecosystem business layout.On December 31, Shandong Zhanggu announced that it had recently received a "Notice of Case Filing" (No.: CSRC Case Filing No. 0042025026) from the China Securities Regulatory Commission (CSRC). The CSRC has decided to file a case against the company for suspected violations of regulations regarding the disclosure of financial information in its periodic reports, in accordance with the "Securities Law of the Peoples Republic of China" and the "Administrative Penalty Law of the Peoples Republic of China."According to Hong Kong Stock Exchange documents, Beijing Roborock Technology Co., Ltd. has submitted a listing application to the Hong Kong Stock Exchange.

Toyota's January Vehicle Output Rose 8.8% But Fell Short of Expectations

Charlie Brooks

Feb 27, 2023 14:06

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Toyota Motor (NYSE:TM) Corp increased its global vehicle production by 9% in January, the first increase in three months, but still fell short of its goal due to COVID-19-related part shortages.


Toyota, the world's largest automaker by volume, produced 689,090 vehicles worldwide in January, an increase of 8.8% compared to the same month the previous year. This was just short of the 700,000 vehicles the company had previously projected it would produce during the month.


This excludes output from its Daihatsu Motor Co. and Hino Motors Ltd. subsidiaries.


It was reported that domestic production increased by 30% to 211,572 vehicles. The chip shortage and COVID-19-related lockdowns negatively impacted last year's numbers.


It was reported that global sales dropped 5.6% to 709,870 vehicles due to the sustained impact of the chip shortage.

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