Toyota upgrades forecast even as Q1 net profit slumps
August 04, 2022 | 17:19
Toyota upgraded its annual net profit forecast on Thursday, predicting an earnings boost from the weaker yen even after first-quarter net profit took a hit from pandemic-related supply chain issues.
Vietnam scrambles to meet global car-making standards
April 20, 2022 | 17:00
Many carmakers are hunting for suppliers to meet the demand that has been rising since last year, as well as counter the increasing prices of palladium, nickel, and aluminium for their components.
Toyota pauses most Japan production after quake
March 23, 2022 | 12:17
The world's top-selling automaker Toyota said Friday it will halt operations on the majority of its Japanese production lines for three days as parts supply is hit by a recent powerful earthquake.
Continent’s automobile production stutters yet again
August 12, 2021 | 09:00
Automakers are being forced to suspend production and suffer from sales dips again due to pandemic disruptions across Asia.
Carmakers ride on despite sales dip
July 31, 2021 | 11:00
Famous automakers are pushing on with plans to launch new models and promotions in Vietnam despite the pandemic roadblocks, thanks in part to positive results made over the first half of the year.
Soaring coronavirus infections in Vietnam and Thailand hit Toyota production
July 28, 2021 | 09:12
The spike in coronavirus infections in Southeast Asia including Thailand and Vietnam has hit Toyota Motor Corporation.
Olympic sponsor Toyota scraps Games promo, skips opening ceremony
July 19, 2021 | 21:43
Tokyo 2020 sponsor Toyota confirmed Monday it has scrapped plans to run an Olympic-linked brand campaign in Japan, where opposition to the pandemic-postponed Games remains high.
Toyota Tsusho acquires 35 per cent of Vinaconex subsidary
November 18, 2020 | 11:16
Toyota’s trading arm Toyota Tsusho Corporation has scooped up a 35 per cent stake in Northern Electricity Development & Investment JSC No.2 of Vinaconex.
Anxious carmakers hoping losses remain in rear mirror
September 10, 2020 | 09:00
Despite efforts in converting part of their facilities to produce ventilators and face masks for fighting the coronavirus pandemic, global carmakers are still reporting losses that are hoped to eventually change direction into profit again by the end of the year.
Discount paradise for auto buyers
June 10, 2020 | 14:00
As part of a new package to help the automobile market stay afloat after this year’s global woes, locally-manufactured vehicles will benefit from a massive cut in registration fees, but imported vehicles will not miss out in the price war as makers throw potential customers huge savings.
Auto giants switch up production for crisis
April 07, 2020 | 08:00
A series of giant carmakers across the world, including in Vietnam, have started converting part of their facilities to produce ventilators and face masks to fight the coronavirus pandemic that is biting into their main portfolio investment.
Human safety the top priority as groups submit to guidelines
April 02, 2020 | 08:00
As the health crisis continues to affect all walks of life, significant challenges are arising for business leaders to make their foreign-invested enterprises better prepared as well as to protect their workers.
Car market slumps due to COVID-19
March 12, 2020 | 17:46
The consumption of cars of less than nine seats decreased by 30 per cent while bus consumption fell by 47 per cent compared to the first two months of 2019.
Danang wraps up Urban Transit Corridor Improvement Project
February 22, 2020 | 13:22
Toyota Mobility Foundation and Danang People's Committee assessed the working process and efficiency of the urban transit corridor improvement project.
Mazda, Toyota, Nissan, and Volkswagen struggle to resume operations
February 12, 2020 | 15:30
The coronavirus epidemic has thrown a wrench into car manufacturers' operations, with Mazda, Toyota, Nissan, and Volkswagen, failing to resume production.
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