Tag: Toyota

Toyota, JapanTaxi Agree to Consider Joint Development of Taxi Services

With an aim to revitalize Japan’s taxi industry and improve its efficiencies, Toyota Motor Corporation (Toyota) and JapanTaxi Co., Ltd. (JapanTaxi) have concluded a basic agreement on considering, among other activities, the joint development of services for taxi operators. They also agreed that, to strengthen ties between the two companies, Toyota will invest 7.5 billion… Continue reading Toyota, JapanTaxi Agree to Consider Joint Development of Taxi Services

Third quarter: Mazda sets another global sales record

Setting a new best mark for the third consecutive year, Mazda Motor Corporation recorded global sales of 1,186,000 units between April and December 2017, the first nine months of the carmaker’s 2017-18 fiscal year. That was 25,000 (2%) more than in the same period of 2016*. Around the world, Mazda’s crossovers – led by the… Continue reading Third quarter: Mazda sets another global sales record

Mobility services platform Stratim, formerly known as Zirx, sells to KAR

On the heels of its rebrand in November, mobility service STRATIM has sold itself to KAR Auction Services, a car remarketing company. Terms of the deal were not disclosed. STRATIM, formerly known as on-demand valet and car services startup ZIRX, powers fleet management for more than 50 companies, including BMW (DriveNow), General Motors (Maven), Ford… Continue reading Mobility services platform Stratim, formerly known as Zirx, sells to KAR

China’s Geely takes 3pc stake in Daimler with an eye on electric car venture with Mercedes parent

Chinese carmaker Zhejiang Geely Holding Group has reportedly spent US$3 billion for a stake of just under 3 per cent in German carmaker Daimler as it aims to become a global player. The shares, which were bought on the secondary market according to Reuters, provides further evidence that Geely, controlled by billionaire Li Shufu, is… Continue reading China’s Geely takes 3pc stake in Daimler with an eye on electric car venture with Mercedes parent

Press Release No. 03/2018 – Vehicle registrations in January 2018

date 06/02/2018 Flensburg, 6 February 2018. With 269,429 newly registered Passenger cars ( car ) and with a plus of +11.6 percent were the registrations stronger than a year ago. The share of private registrations (35.1%) rose by +24.5 percent, that of commercial (+4.7 percent) by 64.7 percent. petrol-driven car increased by + 32.1 percent.… Continue reading Press Release No. 03/2018 – Vehicle registrations in January
2018

After profit beat, GM looks to trucks, SUVs to rev up margins

DETROIT (Reuters) – General Motors Co (GM.N) said on Tuesday a richer mix of full-size pickups and mid-size SUVs in North America should help it offset higher commodity costs in 2018 and maintain pretax margins above 10 percent. The automaker posted better-than-expected quarterly results as cost cutting and higher vehicle prices offset a double-digit decline… Continue reading After profit beat, GM looks to trucks, SUVs to rev up margins