toyoda gosei

Toyoda Gosei Investing in Optical Design Experts Imuzak for Vehicle Module Development

Toyoda Gosei Co. Ltd. (TYO:7282) is looking to accelerate its development of vehicle interior and exterior modules for the coming age of automated driving, investing in Imuzak Inc., a firm with strengths in optical design and evaluation. The outlay of 50 million yen ($450,000) is the first to be implemented by the new Corporate Venture Capital Department, established up by...

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Toyoda Gosei Develops Lightweight Resin Turbo Duct for Vehicles

Toyoda Gosei Co. Ltd. (TYO:7282) has developed a lightweight resin turbo duct for automobiles. The use of resin for the turbo duct, which conducts air to the engine, makes it possible for the newly developed product to improve vehicle environmental performance. It is installed in new HiAce vans launched outside of Japan by Toyota Motor Corp. (TYO:7203) in February. A...

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Toyoda Gosei Exhibits Next-Gen e-Rubber at Sports Business Expo

Toyoda Gosei Co. Ltd. (TYO:7282) recently exhibited e-Rubber, a next-generation rubber product that moves with electricity and mechanical force. Displaying the product at the 2nd Sports Business Expo held at Makuhari Messe over Feb. 27 – March 3, Toyoda Gosei worked to draw attention to its new offering. Toyoda Gosei is currently using e-Rubber to develop lightweight soft actuators as...

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Toyoda Gosei Holds Opening Ceremony at New Indian Plant for Automotive Safety Products

Toyoda Gosei Co. Ltd. (TYO:7282) recently announced that Toyoda Gosei Minda India Pvt. Ltd. (TGMIN), a subsidiary based in India, held an opening ceremony on Feb. 4 for its new Gujarat Plant. The Gujarat Plant began operations last October, manufacturing products for automotive safety systems – such as airbags and steering wheels – as well as weatherstrips and more. These...

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Toyoda Gosei Plans Chinese Acquisition to Bolster Business for Auto Parts

Toyoda Gosei Co. Ltd. (TYO:7282) has announced that it intends to invest in Hubei Rock Rubber and Seal Technology Co. Ltd., an independent weatherstrip supplier located in central China. The move represents an effort by Toyoda Gosei to bolster its Chinese business for auto parts. In carrying out the investment, Toyoda Gosei will use its Chinese regional headquarters to acquire...

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Toyoda Gosei Settles for $59M in US Class Action Lawsuit

Toyoda Gosei Co. Ltd. (TYO:7282) recently announced that it has agreed to settle a class action lawsuit brought against the company by auto dealers and end consumers in the U.S. District Court for the Eastern District of Michigan. Toyoda Gosei will be required to pay $59 million for the settlement. Plaintiffs in the lawsuit alleged that Toyoda Gosei violated U.S....

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