NAGOYA, Japan — Toyota Motor has launched a car rental business for tourists in China as the local market grows due to wider use of mobile payment services. Toyota Financial Services, a Nagoya-based subsidiary of the Japanese automaker, and Toyota’s Chinese arm have set up a new company to run the business, together with local dealers.… Continue reading Toyota launches car rental business in China
Tag: Toyota
@Toyota: 3rd Quarter of Fiscal year ending March 31,2020
2020-01-31 Toyota Tsusho announced financial results for 3rd Quarter of Fiscal year ending March 31, 2020. Below are the main items of Consolidated Results based on IFRS. (Unit: Billion yen) FY2018 1-3Q FY2019 1-3Q Change Gross profit 479.7 476.3 (3.4) Operating profit 165.1 164.0 (1.1) Profit before income taxes 180.2 184.2 +4.0 Profit attributable to… Continue reading @Toyota: 3rd Quarter of Fiscal year ending March 31,2020
@Toyota: TMC Announces Executive, Senior Management, and Personnel Changes
Toyota City, Japan, January 31, 2020―On February 1, Toyota Motor Corporation (TMC) intends to implement changes in the area of responsibilities of executives and senior professionals/senior management and personnel changes at the general manager level. Let’s block ads! (Why?) Go to Source
Lexus begins local assembly of ES 300h in India
Japanese luxury car manufacturer Lexus today reaffirmed announcing it has begun local production of the ES 300h model in India. The first locally produced model is set to be available in India from February 2020, marking the first such operations since the company’s debut in India in March 2017. “This new chapter is significant for… Continue reading Lexus begins local assembly of ES 300h in India
Waymo’s head of design explains the challenges of creating an autonomous robot ‘driver’ (GOOGL)
YooJung Ahn is Waymo’s head of design. She oversees the design of the Waymo “driver,” a complicated combination of hardware, software, and user experiences. She also helped designed the famous Firefly vehicle — the first clean-sheet self-driving Google car, which was unveiled in 2014. Ahn now works on Waymo’s vehicles, which are supplied by Fiat… Continue reading Waymo’s head of design explains the challenges of creating an autonomous robot ‘driver’ (GOOGL)
@Toyota: TMC Has Updated Results for December 2019 and January to December 2019
Toyota City, Japan, January 30, 2020―Toyota Motor Corporation (TMC) announced its sales, production, and export results for December 2019, as well as the cumulative total from January to December 2019, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors, Ltd. To view more information on the sales, production, and export results by country… Continue reading @Toyota: TMC Has Updated Results for December 2019 and January to December 2019
Sendy Raises $20M in Series B Funding
Sendy, a Nairobi, Kenya logistics startup providing a delivery solution for business, raised $20m in Series B funding. The round was led by Atlantica Ventures, with participation from Toyota Tsusho Corporation, Asia Africa Investment, Sunu Capital, Enza Capital, Vested World and Kepple Capital. The company intends to use the funds to continue to grow operations,… Continue reading Sendy Raises $20M in Series B Funding
MNC Group-affiliate IATA to acquire majority stake in ride-hailer Anterin
Publicly-listed Indonesia Transport & Infrastructure (IATA) is planning to acquire a majority stake in homegrown ride-hailing company Anterin for an unspecified amount, the former announced on Wednesday. In a filing to the Indonesia Stock Exchange, IATA, which is affiliated with local media conglomerate MNC, said it has signed a binding term sheet to acquire Anterin… Continue reading MNC Group-affiliate IATA to acquire majority stake in ride-hailer Anterin
Ford, Renault will reopen China plants on Feb. 10 – Automotive News Europe
January 29, 2020 04:35 AM Reuters {{ source.title }} {{title}} {{ abstract }} read more {{/main_image_url}} {{^main_image_url}} {{ source.title }} {{title}} {{ abstract }} read more {{/main_image_url}} {{/content}} ]]> Renault Renault’s Wuhan plant (pictured) will resume production on Feb. 10. Ford and Renault said they will resume production at their China factories after extended breaks… Continue reading Ford, Renault will reopen China plants on Feb. 10 – Automotive News Europe
Abe nominates monetary dove to Bank of Japan board
TOKYO — Japanese Prime Minister Shinzo Abe’s government has nominated an advocate of aggressive monetary easing to the Bank of Japan’s policy board, underlining his faith in the efficacy of monetary policy in reversing the country’s entrenched deflation. The government put forward Seiji Adachi, a former Deutsche Securities economist, to replace outgoing board member Yutaka Harada, another… Continue reading Abe nominates monetary dove to Bank of Japan board