Volkswagen AG, world's third-largest auto maker, yesterday launched a new mid- to high-end Skoda sedan, in the Chinese market as part of its plan to tap the fast-growing Skoda brand to boost sales and to compete better against General Motors Corp and Toyota Motor Corp, the Shanghai Daily reported.The...
* Jitters remain over fall in China shares * Sanyo surges on Toyota battery use report * Flu-related shares soar after third Japan death reported TOKYO, Aug 19 - Japan's Nikkei average was flat on...
The risks of rapid expansion have led to Toyota Motor Corp. abandoning its goal of fighting for a 15 percent share of the global market and instead focusing on the products' quality and customers' demands, according to Akio Toyoda, the new Toyota president. The Chinese auto market is included in ...
With the exception of China, Germany and Brazil, the production and sales of automobiles in the US, Japan, France, UK, Canada and Russia have declined in the first half of 2009, according to a Xinhua report. Toyota, GM, Ford, VW, Honda, Nissan, Hyundai, Citroen and Peugeot didn't make profits, on...
1. Third generation Chana Ford Mondeo Sales volume in the first six moths of 2009: 21,737 units Its competitors: Guangzhou Honda Accord and Guangzhou Toyota Camry sold 80,000 and 70,000 units in the first half of 2009. 2. FAW Toyota Crown Sales volume in the first six moths of 2009: 17,690 unit...
* Market boosted by weaker yen, US earnings hopes * Mazda shoots up on hybrid parts tie-up report with Toyota * Worries about U.S. CIT's fate weigh on U.S. futures, Nikkei * China Q2 GDP...
By Shi Jierui 1. Highlander Guangzhou Toyota released the Highlander on June 20. Customers can choose either the 2.7L or 3.5L engine. Orders for the Highlander have exceeded 8,000 units, and customers can get their cars in July. However, those who put down a 10,000 yuan deposit today will have ...
By Shi Jierui To increase sales in China and meet market demand for low-emission cars, Lexus will import the 2.4L Lexus ES model to China in the second half of this year. In the first four months of 2009, sales of Toyota Motor's luxury brand Lexus in China decreased 36 percent after a few years o...
China plans to promote 60,000 energy saving and new energy vehicles nationwide in 2012, among which, various kinds of hybrid-powered vehicles will account for over 95 percent, said Wan Gang, minister of Science and Technology on May 14.
Toyota looks ever more vulnerable. Disappointing exports war with resilient domestic demand in China. Pessimism swirls around Rio Tinto's China deal.