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Thursday, June 20, 2019

Tag: Toyota

Toyota warns that Mexico tariffs could raise costs by US$1 billion

Toyota is warning its US dealers the Trump administration’s proposed tariffs on Mexican imports could increase auto-parts costs by more than US$1 billion and hurt sales of its top-selling truck.

Toyota announces first plant in Myanmar

Japanese automaker Toyota says it will open its first vehicle production plant in Myanmar, as the country's auto market grows and the government raises import barriers.

Nikkei: Toyota may invest about US$550 million in China ride-hailing firm...

Toyota Motor Corp is considering investing about 60 billion yen (US$550 million) in Chinese ride-hailing giant Didi Chuxing.

Toyota joins list of failed bond sales in Japan corporate debt

The reason for the lack of demand was mainly due to investors’ hunger for higher returns, rather than any question over the automaker’s creditworthiness.

Toyota says Trump sent message carmaker is ‘not welcomed’

The pushback by Toyota marks a break from years of attempting to work its way into Trump’s good graces.

Toyota Yaris: Is Honda Jazz worried about this new rival?

In spite of being so closely related to the new Toyota Vios, the Yaris distinguishes itself with a more athletic silhouette and some nice touches.

Toyota establishes institute in China to study hydrogen, green technologies

Toyota says the corporation will also see an active utilisation of hydrogen energy that can help solve China's energy problems.

Uber lands massive investment for self-driving unit

The funding allows Uber to transfer some of the substantial cost of developing self-driving cars onto outside investors.

The moon is becoming a hot destination for carmakers

BAIC’s announcement comes a month after Toyota said it was teaming up with Japan’s space agency to build a lunar rover.

Toyota sees new business opportunity in leveraging hybrid tech

Toyota is seeking more business opportunities as it expands on its hybrid tech cars.

Toyota, Suzuki charge up partnership for electric cars

Toyota is a leader in hybrid technology and is investing heavily in automated driving, while Suzuki specialises in affordable compact cars.

Toyota investing US$749 million in five US plants

Toyota announced last year it would jointly build a new US$1.6 billion plant with Mazda Motor Corp in Alabama.

Toyota warns of potential pullout from Britain on no-deal Brexit

This follows Nissan Motor's decision last month to renege on plans to build the X-Trail sports utility vehicle in England.

Toyota Supra gets souped-up by TRD

Toyota's in-house tuning shop TRD unveiled the Supra TRD Performance Line Concept decked out in carbon fibre on its Japanese market-site.

Toyota’s Q3 operating profit edges up as Asia sales rise

Japan's largest automaker lowered its full-year net profit forecast to 1.87 trillion yen from a previous view of 2.3 trillion yen.

Toyota, Fiat report fall in US auto sales in January

The No.3 automaker in the United States by sales says it sold 156,021 vehicles in January, down from 167,056 vehicles a year earlier.

Toyota Vios is put to the test and passes with flying...

Younger Malaysians will appreciate the improved performance and design while traditional buyers will still enjoy Toyota's reliability, ease of ownership and value.

Toyota sees 3.8% fall in 2019 total Thailand domestic car sales

Toyota expects the launch of new models and plans to drive domestic sales in Thailand.

Toyota, Panasonic to set up EV battery JV in 2020

A Toyota spokesman said the two companies have been working on the battery partnership announced in 2017.

Ford and Toyota jockey for relevance at Slim Detroit auto show

The lack of competition on the show floor leaves plenty of room for the debuts that are there to shine.

Toyota recalls 1.7 million more autos over Takata airbag defects

The Japanese auto manufacturer did not say whether it had been notified of injuries or serious incidents related to the latest recall.

Italy fines car finance cartel 678 million euros

Top car makers and their respective banks which offer financing to vehicle purchasers were found guilty of running a financing cartel.

Toyota wants to put a robot in every home and make...

Toyota has been experimenting with robots since at least 2004, when it unveiled a trumpet-playing humanoid.

The Hilux is ready to take back the hill

When it comes to drive dynamics, it is really tough, yet drives like a sedan on steroids.