Toyota to launch ‘car of future’ in US in 2015
A Toyota fuel cell concept vehicle is displayed during press event at the Mandalay Bay Convention Center for the 2014 International CES in Las Vegas, Nevada. LAS VEGAS: Toyota said on Monday it plans...
View ArticleWant to invest in Toyota, GM, Honda or BMW? Check Adib’s scheme Abu Dhabi...
The UAE’s Abu Dhabi Islamic Bank (Adib) has launched a new capital-protected note that allows customers to invest in the world’s biggest car manufacturers. The Shariah-compliant note, which matures in...
View ArticleGM sold 9.7 million cars worldwide last year
Dan Akerson, the current CEO of General Motors, and Mary Barra, who will be replacing Akerson as CEO of GM, walk through the GM exhibit at the press preview of the 2014 North American International...
View ArticleToyota to end Australia production by 2017
Toyota is one of the last remaining carmakers in Australia SYDNEY: Toyota on Monday said it will stop making cars in Australia in less than four years, bringing the country’s auto industry shuddering...
View ArticleToyota recalls 1.9m Prius cars worldwide
TOKYO: Toyota on Wednesday announced a global recall of 1.9 million Prius hybrid cars because of a fault that could cause the vehicle to slow down suddenly, in the latest safety blow to the Japanese...
View ArticleAustralian Car Exports Coming to an End
Toyota Australia has announced that it will stop building cars in Australia by the end of 2017. This means that local manufacturing of the Camry, Camry Hybrid and Aurion vehicles, as well as the...
View ArticleFG begins inspection of local automobile assembly plants
L-R: Minister of Industry, Trade and Investment, Mr. Olusegun Aganga; and Managing Director, Peugeot Automobile Nigeria, Alhaji Ibrahim Boyi; during the inspection of newly assembled cars at the PAN...
View ArticleToyota suspends Indian auto production amid labour unrest
TOKYO: Toyota said Monday it has suspended production at its two Indian auto assembly plants in response to threats against management and “deliberate” assembly-line stoppages, as efforts to hammer...
View ArticleToyota suspends workers at India plants over unrest
BANGALORE: Toyota has suspended 17 workers at its Indian auto assembly plants which were temporarily closed this week following protests against delayed pay rises, a union and company official said...
View ArticleToyota to lift lockout at Indian plants after unrest
BANGALORE: Toyota said that it would lift a lockout next week on its Indian assembly plants after a meeting with labour groups and a local government mediator to resolve a pay dispute. A total of 17...
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