Tag: Toyota
Toyota beats Volkswagen in 2020 global car sales
Toyota Motor sold more vehicles worldwide than Volkswagen in 2020, dethroning the German rival as the world’s largest carmaker for the first time in...
Toyota expects 64% fall in annual net profit amid pandemic
Toyota Motor forecasts its net profit for the current financial year will drop 64.1 per cent from the previous year to 730 billion yen...
COVID-19: Toyota, Honda car sales fall
Japanese carmakers Toyota Motor and Honda Motor said Tuesday their quarterly vehicle sales had been dealt a severe blow by the novel coronavirus pandemic.
For...
Driver in court for stealing Toyota Hilux belonging to Ministry of...
A 35-year-old man, Stephen Ndukwe, on Wednesday appeared in a Wuse Zone 6 Chief Magistrates’ Court in Abuja, for allegedly stealing a Toyota Hilux...
Volvo, Geely to merge combustion engine operations
Volvo Cars will merge its engine development and manufacturing assets with those of parent Geely, creating a division to supply in-house brands Lotus, LEVC,...
Fire breaks out at Toyota headquarters in Japan
Toyota Motor Corp is investigating a blaze at its headquarters in western Japan’s Toyota City, believed to have broken out in the technology development...
Nissan to cut 12,500 jobs as first quarter profit nearly wiped...
Japanese car maker, Nissan Motor Co., says it will cut 12,500 jobs, warning that a quick turnaround in its performance will be not...
Mercedes-Benz to call it quits on petrol and diesel powered cars
Samuel Oladipupo Essoodee
German brand Mercedes-Benz has confirmed it will stop producing petrol and diesel cars by 2039 as part of an ambitious plan...
