toyota Archives — Page 6 of 8 — City Business News

March 4, 2020 No Responses

Toyota Restructures Management Team

Toyota Motor Corporation is to scrap executive vice president (EVP) roles as part of measures to streamline the company’s structure, improve production systems and cut costs. Also on Tuesday, Toyota .named Kenta Kon as its next chief financial officer. Kon,...

January 22, 2020 No Responses

Toyota Recalls 3.4m Vehicles Worldwide

Citing electronic defect that can result in air bags not deploying in crashes, Toyota Motor Corporation said on Tuesday that it will recall 3.4 million vehicles worldwide The recall, which includes 2.9 million US vehicles, covers 2011-2019 Corolla, 2011-2013 M...

November 22, 2019 No Responses

Toyota Unveils Loan Facility For Customers

Toyota on Thursday launched a facility for fast tracking car loans to its customers in India within 30 minutes of their applying. “The new service named ‘Tatkal’ loan enables our customers to get loan approval in 30 minutes of submittin...

November 8, 2019 No Responses

Toyota Declares $6.09b Profit, 2.75m Sales In Q2

Toyota Motor Corporation posted a 14% rise in second-quarter profit on Thursday, boosted by a rise in global vehicle sales. Japan’s biggest automaker posted an operating profit of 662.3 billion yen ($6.09 billion) in the July-September quarter, up from 5...

October 10, 2019 No Responses

Toyota Unveils Self-Driving Shuttle For 2020 Olympic Games

Toyota on Wednesday revealed the version of its e-Palette self-driving shuttle that will be used to transport athletes during the 2020 Olympic Games in Tokyo. The e-Palette was first shown as a concept in early 2018 and is essentially an...

September 20, 2019 No Responses

Toyota Votes $243.29m For New Expansion

Toyota Motor Corp on Thursday announced a 1 billion reais ($243.29 million) expansion at a plant in the Brazilian state of Sao Paulo, joining Volkswagen and General Motors in new investments in the region. Toyota said the funding would allow...

August 31, 2019 No Responses

Buhari Welcomes Investments From Japan Bank, Toyota

President Muhammadu Buhari Friday held investment talks with top officials of Japan Bank for International Cooperation, and Toyota Group, at the margins of the Seventh Tokyo International Conference on African Development (TICAD 7), holding in Yokohama, Japan....

August 29, 2019 No Responses

Toyota, Suzuki Seal New Alliance

Toyota Motor Corporation and Suzuki Motor Corphave have entered into a capital tie-up in order to develop and promote a long-term partnership between the two companies. “The execution of the capital alliance agreement is a confirmation and expression of ...

August 19, 2019 No Responses

Toyota Delivers 2,303,495 Units In Three Months

Toyota Motor Corporation (TMC) has seen its global sales increased by 4% in the first quarter (April-June) of 2019 with 2,303,495 units. In its home market Japan, TMC sold a total of 555,291 units in this period, up by 44,952...

July 23, 2019 No Responses

Toyota To Lead Training Session At 2019 NAJA Workshop

Toyota Nigeria Limited will be presenting a technical training session on Friday this week, at the 2019 Nigeria Auto Journalists Asociation Training/Capacity Building Workshop at the Golden Tulip Hotel, along Airport Road in Lagos. Among others expected to mak...

April 21, 2019 No Responses

Toyota, Firm Invest $1b In Uber

Japan’s top automaker Toyota, auto parts maker Denso and internet company SoftBank‘s investment fund are investing $1 billion in car-sharing Uber‘s technology unit. The Japanese companies said Friday that Toyota Motor...

April 19, 2019 No Responses

Toyota Unveils New Highlander

Toyota Motor Corporation has unveiled a bigger and bolder Highlander for 2020 with more efficient hybrid powertrain. The redesigned fourth-generation Highlander made its debut on Wednesday at the 2019 New York International Auto Show and is due on ...

January 17, 2019 No Responses

N12m Toyota Rush Begins Sojourn In Nigeria

With a price tag of N12million, Toyota Rush Sports Utility Vehicle (SUV) is now available in the showroom of some Toyota Nigeria Limited (TNL) dealers. Available in 1.5lit engine, the new SUV is being positioned to tackle the growing influence...

December 14, 2018 No Responses

Ade-Ojo: Toyota Is Still Number One In Nigeria

Toyota is still number one in Nigeria, Managing Director, Toyota Nigeria Limited (TNL), Kunle Ade Ojo has said. In a chat with some Motoring Journalists and Editorial Team of Nigeria Auto Journal, Ade Ojo explained that the initial challenge ...