Toyota announces plan to build assembly plant in Myanmar

Business / Corporate May 26, 2019

Toyota announces plan to build assembly plant in Myanmar

Toyota Motor Corp. will start building an assembly plant this year in Myanmar, where demand for new cars has been growing strongly after import restrictions on used vehicles were tightened in 2017. According to sources familiar with the matter, Toyota will invest several billion yen ...

Toyota eyes supplying hybrids to Suzuki in broader tie-up

Business / Corporate Mar 20, 2019

Toyota eyes supplying hybrids to Suzuki in broader tie-up

Toyota Motor Corp. is considering offering Suzuki Motor Corp. a hybrid system for global sales and enhancing a joint car development project for India, according to an expanded tie-up deal unveiled Wednesday. Under the agreement, Suzuki can sell hybrids developed by Toyota, namely the RAV4 ...