Continent’s automobile production stutters yet again

Continent’s automobile production stutters yet again

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

Carmakers ride on despite sales dip

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

Soaring coronavirus infections in Vietnam and Thailand hit Toyota production

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

Olympic sponsor Toyota scraps Games promo, skips opening ceremony

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

Toyota Tsusho acquires 35 per cent of Vinaconex subsidary

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

Anxious carmakers hoping losses remain in rear mirror

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

Discount paradise for auto buyers

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

Auto giants switch up production for crisis

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

Human safety the top priority as groups submit to guidelines

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

Car market slumps due to COVID-19

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

Danang wraps up Urban Transit Corridor Improvement Project

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

Mazda, Toyota, Nissan, and Volkswagen struggle to resume operations

The coronavirus epidemic has thrown a wrench into car manufacturers' operations, with Mazda, Toyota, Nissan, and Volkswagen, failing to resume production.
Toyota investing US$400 million in flying car company

Toyota investing US$400 million in flying car company

Japanese car giant Toyota said Thursday (Jan 16) it is investing nearly US$400 million in a company working on commercialising electric flying cars for "fast, quiet and affordable air transportation services".
Alonso survives first Dakar stage dominated by Minis

Alonso survives first Dakar stage dominated by Minis

Dakar Rally debutant Fernando Alonso avoided any first stage pitfalls as the 2020 edition of motorsport's gruelling 7,500-kilometre marathon began in Saudi Arabia on Sunday (Jan 5).
World champion Tanak quits Toyota for Hyundai

World champion Tanak quits Toyota for Hyundai

Newly-crowned world rally champion Ott Tanak signed a two-year deal to drive for Hyundai on Thursday (Oct 31), just four days after wrapping up his maiden title with Japanese manufacturer Toyota.
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