Toyota's 2020 forecast edges it closer to Volkswagen

Business / Corporate Dec 17, 2019

Toyota's 2020 forecast edges it closer to Volkswagen

Toyota Motor Corp. said Tuesday its group plans to sell 10.77 million vehicles worldwide in 2020, slightly up from 10.72 million vehicles estimated for this year, nudging it closer to No. 1 automaker Volkswagen AG. The figure would mark an all-time high for the fourth ...

Business / Corporate Aug 3, 2016

Toyota, Daihatsu jointly debut new 'green' cars in Indonesia

Toyota Motor Corp. and Daihatsu Motor Co. jointly launched two different cars in Indonesia on Tuesday, a day after Toyota acquired all of Daihatsu's shares. "It is a new relationship between Daihatsu and Toyota," Daihatsu President Masanori Mitsui said during the launch in the industrial ...

Business / Corporate Jan 29, 2016

Toyota to make Daihatsu wholly owned subsidiary in August

Toyota Motor Corp. said Friday it will make Daihatsu Motor Co. a wholly owned subsidiary in August as the world's top automaker seeks to revamp its low-priced small-car business amid growing demand in emerging markets. Toyota, which holds a roughly 51 percent stake in Daihatsu, ...