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Retail Asia06/08/2020

Toyota Vietnam has called back 721 vehicles to fix a bolt issue that could stall operation. The recall, starting Monday, involves 183 Innovas and 538 Fortuners, manufactured between January 21 and May 11. The affected vehicles were equipped with automatic transmissions, in which the steering wheel is connected to the torque converter by six bolts. […]

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Retail Asia23/07/2020

Toyota Motor will make 2% fewer vehicles globally in August than originally planned, the Japanese automaker said on Tuesday, as output recovers gradually from a steep drop because of the coronavirus pandemic. The company said it aimed to make 15,000 fewer vehicles than its initial plan, which was around 750,000, according to Reuters’ calculations. August’s […]

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Retail Asia20/07/2020

Toyota Kirloskar Motor (TKM) has announced that it will resume vehicle production at its Bidadi plant, in Karnataka, from July 20. Following a directive issued by the Government of Karnataka, earlier this month, the company had announced that it will stop production at its plant from July 14 (second shift) to July 22nd (first shift). The directive […]

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Retail Asia17/07/2020

Honda, Toyota, BMW, Mitsubishi, and Suzuki are the five most googled car brands in Vietnam, market research firm iPrice said. The Malaysia-based meta-search website, which operates in Vietnam and six other countries across Southeast Asia, said it considered 22 car brands googled between March 1 and May 31 this year to find the most searched […]

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Retail Asia26/06/2020

Toyota Motor holds a $293 million stake in Uber Technologies, as it partners with the ride-hailing company to further expand into new mobility services, Toyota’s latest corporate governance report released on Wednesday showed. The Japanese automaker has also unloaded shares in some of its suppliers, adjusting its portfolio to reflect partnerships with rival automakers and […]

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Retail Asia24/06/2020

Toyota Motor Corp said on Monday it would make 10% fewer vehicles next month than originally planned, as it gradually resumes output following factory closures earlier this year due to the coronavirus pandemic. The Japanese automaker said it planned to make 71,000 fewer vehicles globally in July than its original goal of about 700,000. While […]

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Retail Asia14/05/2020

Toyota Kirloskar Motor today announced that it has partially resumed retail and service operations in India. It was towards the end of March 2020 that the company announced suspending production and retail activities, in accordance with the nationwide lockdown to curb the spread of the coronavirus. Now, adhering to the advisory issued by the Central […]

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Retail Asia16/04/2020

Toyota Motor on Monday said it plans to restart limited production at vehicle plants in France and Poland from April 22 after closing them due to the Automakers make a push to reopen plants. Global automakers reeling from the COVID-19 pandemic are accelerating efforts to restart factories from Wuhan to Maranello to Michigan, using safety […]

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Retail Asia10/04/2020

Toyota Motor said Wednesday it plans to reopen its North American auto plants on May 4, extending its current shutdown by two additional weeks. The Japanese automaker cited the ongoing COVID-19 pandemic and decline in vehicle demand to extend the halt of production at all of its automobile and components plants in Canada, Mexico and […]

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Retail Asia09/03/2020

Toyota said the recall now covers 1.8 million U.S. Toyota and Lexus vehicles in total in the United States, including older vehicles from as far back as the 2013 model year — and more than 1 million vehicles than it announced in January. Toyota Motor said Wednesday it is now recalling 3.2 million vehicles worldwide […]

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Retail Asia06/03/2020

Japanese automaker Toyota said on Wednesday its car sales in China, the world’s biggest auto market, fell 70.2% in February due to the coronavirus epidemic which has killed more than 2,900 people. Toyota, which is the first major global automaker to report its February sales in China, said it sold 23,800 Toyota and premium Lexus cars. […]

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Retail Asia02/12/2019

Toyota Motor Corp. plans to invest $2 billion to develop electric vehicles in Indonesia over the next four years, starting with hybrid vehicles, Indonesia’s coordinating minister for maritime affairs said. “From 2019 to 2023, we will progressively increase our investment to 28.3 trillion rupiahs ($2 billion),” Toyota president Akio Toyoda was quoted as saying in […]

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Retail Asia22/11/2019

Japanese auto parts maker Toyoda Gosei plans to build another airbag plant in Thai Binh Province at a cost of $16.8 million next year. Work on the plant will begin in May 2020. When completed in October 2021 it will help increase the company’s capacity in Vietnam to 25 million airbags annually, Toyoda Gosei said in […]

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Retail Asia11/11/2019

Toyota Motor plans to invest $2 billion to develop electric vehicles in Indonesia over the next four years, starting with hybrid vehicles, Indonesia’s coordinating ministry for maritime affairs said. “From 2019 to 2023, we will progressively increase our investment to 28.3 trillion rupiah ($2 billion),” Toyota president Akio Toyoda was quoted as saying in a […]

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Retail Asia04/11/2019

Toyota Motor Corp. plans to invest $2 billion to develop electric vehicles in Indonesia over the next four years, starting with hybrid vehicles, Indonesia’s coordinating ministry for maritime affairs said. “From 2019 to 2023, we will progressively increase our investment to 28.3 trillion rupiah ($2 billion),” Toyota president Akio Toyoda was quoted as saying in […]

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Retail Asia15/10/2019

Over time cars and car companies have been blamed of contaminating the environment. Be it emission, exhausting fossil fuel or adding up to the noise pollution, cars have been the soft target to point the finger on. That said, the situation need not remain the same always. While carmakers are adhering to the government’s upcoming […]

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Retail Asia04/10/2019

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Toyota Motor 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 the Sorocaba plant, which builds the Etios and Yaris sedan models, to produce a new vehicle model. It […]

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Retail Asia01/10/2019

Toyota Motor Corp said on Tuesday it was investing $391 million in its pickup truck assembly plant in San Antonio, Texas, as part of the Japanese automaker’s plan to invest $13 billion in its U.S. operations over five years through 2021. The company said the investment will be used to introduce advanced manufacturing technologies at […]

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Retail Asia26/09/2019

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Inspired by new ultra-thin solar panels developed for satellites, a project led by Toyota Moto is experimenting with a sun-powered Prius that it hopes will one day require no plugging in. In the Japanese government-funded demonstration project, Toyota engineers fitted solar panels designed by Sharp Corp to the hood, roof, rear window and spoiler to see […]

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Retail Asia26/09/2019

Toyota Motor has started using the same type of battery that Panasonic Corp designed for Tesla Inc in some of its plug-in hybrids sold in China, sources familiar with the matter said. Toyota is using Panasonic’s cylindrical batteries in its new Corolla and Levin plug-in hybrid sedans launched in China this year, one of the people […]

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