Search Results for "Toyota"

Britain's decision to leave the European Union may dent Toyota Motor's competitiveness in the region, but the Japanese automaker did not see it as a trigger to shift production away from the country, a senior executive said.

Toyota Motor Corp. is in no hurry to join the auto industry's stampede to launch fleet tests of Google-style self-driving taxis.

On the night of August 21th, FAW Xiali released an Announcement of Suspension of Trading in relation to material asset restructuring by the Board, in which the company plans to sell 15% shares of Tianjin FAW Toyota Motors (TFTM) to its controlling shareholder, FAW Group. It’s expected that a total of RMB 2.5b will be obtained and increase FAW Xiali’s current profit. FAW Xiali still holds 15% shares of TFTM after the asset transfer. The trade is expected to form a material asset restructuring, and the company stock will face a suspension of trading from August 22th.