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    Toyota admits 300,000 customers’ data was leaked for 5 years

    13 Oct 2022

    In addition, the personal information that may be leaked is the e-mail address and customer management number, and "other information such as name, phone number, credit card, etc. is not affected," it added.

    Fiat and Peugeot seal merger to become Stellantis

    16 Jan 2021

    Fiat Chrysler and Peugeot SA sealed their long-awaited merger on Saturday to create Stellantis, the world’s fourth-largest auto group with deep enough pockets to fund the shift to electric driving and take on bigger rivals Toyota and Volkswagen.

    Global auto market expects sales to rebound during current year

    04 Jan 2021

    Strong growth forecast for global auto sales in 2021 with Europe strongest, barring anything unexpected. South Korea’s Hyundai Motor Co and affiliate Kia Motors Corp on Monday forecast combined global vehicle sales will jump 11.5 per cent in 2021

    Ogier grabs lead from world champion Tanak at Mexico Rally

    14 Mar 2020

    Frenchman Sebastien Ogier emerged from the dust of day two on the Mexico Rally after watching key rival Ott Tanak suffer a damaged axel on a tough day of racing in the gravelly hill roads outside Guanajuato that left one car a burnt-out wreck.

    Toyota carefully coordinates US investment and China deals

    21 May 2019

    Toyota Motor Corp last month announced two deals in China that were small in size but large in strategic planning. The automaker said it would establish a green-tech research institute with Tsinghua University and provide state-owned BAIC Group’s Foton unit with fuel-cell technology for buses.

    Bank’s research forecasts Mena real GDP growth of 2.7% in 2020

    09 Jan 2020

    An MUFG Mena Economic report issued expects a pick-up in Mena regional growth in 2020. The bank’s research forecasts Mena real GDP growth of 2.7 per cent in 2020, from a near flat 0.1 per cent in 2019,

    Toyota warns profit to skid 20% as raw materials’ costs pile up

    11 May 2022

    Toyota Motor warned “unprecedented” hikes in raw material costs could slice a fifth off full-year profit, a clear sign the world’s top automaker by sales can no longer shrug off the supply-chain crunch that has roiled the global industry. Also reporting

    Uber’s autonomous vehicle unit raises $1 billion from investors

    19 Apr 2019

    Uber’s autonomous vehicle unit has raised $1 billion from a consortium of investors including SoftBank Group Corporation, giving the company a much-needed funding boost for its pricey self-driving ambitions on the eve of its public stock offering.

    Japanese automakers’ sales decline in S.Korea amid consumer boycott

    04 Sep 2019

    Japanese automakers posted sharper sales falls in South Korea in August, industry data showed on Wednesday, hit by a consumer boycott of Japanese vehicles amid a worsening

    Toyota uses Tesla-style batteries

    13 Sep 2019

    Toyota Motor Corporation has started using the same type of battery that Panasonic Corporation designed for Tesla in some of its plug-in hybrids sold in China, sources familiar with the matter said.

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