The world’s largest carmaker, Toyota Motor, is finally getting ready to enter the Indian small-car market and challenge the dominance of Maruti Suzuki and Hyundai Motor in their bread-and-butter segment. The Japanese automaker and its unit specialising in…
Toyota Motor Corp on Tuesday said it will set up a joint internal company with subsidiary Daihatsu to develop and market compact vehicles in emerging markets, as Toyota aims to expand market share in other Asian markets. The Japanese automaker plans to…
Toyota Motor Corp. and Daihatsu Motor Co. jointly launched two different cars in Indonesia on Tuesday, a day after Toyota acquired all of Daihatsu’s shares. “It is a new relationship between Daihatsu and Toyota,” Daihatsu President Masanori Mitsui said during…
Toyota Motor Corp. is staying on the offensive after besting Volkswagen AG for bragging rights as the world’s biggest automaker. Now, it’s weighing a deal that might widen its lead, especially in Southeast Asia. In buying the rest of its 51 percent-owned…