Japan's Toyota raised its annual net profit forecast to a record high on Tuesday, reporting strong sales in all regions in the first three quarters as the global semiconductor shortage eases.
Iran’s automotive industry faced many challenges from the beginning until today, which led to its tendency into few special directions. Important factors contributed to this trend shift.
It has been for years that Japan is placed between the five top automakers in the world. However, this country is one of the bests in motorcycle industry; But why is that?
Japanese vehicles are well known for their high quality and reliability among people and researches of global institutes are proving this matter in the past decades.
PSA Group plans to build Aisin Seiki automatic transmissions under license in France after failing to persuade the Toyota-owned supplier to invest in joint production, company sources said.
Toyota plans to push its research, development and production teams to move faster and for this reason, since few weeks ago, this company took control of 5 percent of its rival company, Mazda.
Sales in Japan of the Nissan manufacturer fell about 20% year-on-year between 1 and 20 October after uncovering irregular inspections in their The Japanese automaker sold 12,300 vehicles in the same period, according to data collected by the daily newspaper Nikkei.
Japanese Trade Minister Hiroshige Seko said on Friday he welcomed the cooperation between Toyota Motor Corp and Mazda Motor Corp on producing cars with next-generation technology.