Latest in Tag: Toyota Highlight
Latest in Tag: Toyota
Strong yen eats into Toyota profits
Toyota’s bottom-line profit has taken a dive in the first half of the Japanese carmaker’s fiscal year.
Automotive companies advertise their models, services in the North Coast
While people flock to the coastal cities to take advantage of the summer months, automotive companies are also looking to take advantage of the summer season to promote their cars and after-sales services. Daily News Egypt is taking a look at the direction automotive companies are moving in, including Kia, Toyota, BMW, Renault, and Nissan. …
Volkswagen is global leader in car sales
Diesel emissions scandal? Lawsuits, fines, turmoil at headquarters? Whatever. VW Group sold more cars and light trucks than any other carmaker in the first half of 2016, ahead of close rivals Toyota and General Motors.
Arbitration, Finance Ministry guarantee hinder wind plant establishment with Toyota’s alliance
The concern about ‘arbitration inside Egypt’ is moving from tariff projects to competitive tenders
Japanese cars keep pace with market price increases
Toyota increased the price of Fortuner by EGP 15,000, Corolla and Yaris by EGP 10,000, and Auris by EGP 28,000.
Electricity Ministry signs with EDF Suez, Toyota, Orascom to establish Gulf of Suez wind power plant
Price set at 4.7 cents per kilowatt of energy produced
Fortuner and Auris sales fail to stop Toyota’s overall decline
Toyota sales included 10 models during the first two months of this year, most notably Corolla, Fortuner, Land Cruiser, Prado, and the new Yaris.
Dollar shortage most pressing issue in Automech closure
Jeep, BMW, and Suzuki announce the closure of reservations for their vehicles
Toyota profits surge on weak yen
The world’s top automaker was able to log higher net profits in the first half of its fiscal year even as car sales declined in most regions. A weak yen has made Toyota more competitive abroad. Toyota said Thursday its net profit had risen nearly 12 percent to 1.258 trillion yen (9.47 billion euros) in …
Toyota beats VW sales
Japan’s Toyota has reported its nine-month sales figures, showing that the company shifted more vehicles than German rival Volkswagen. Both firms had to announce massive recalls recently, albeit for different reasons. Toyota raced back to the top of the global sales table after logging 7.498 million vehicles in the first three quarters of 2015, the …
Toyota recalls 6.5 million vehicles worldwide over power window glitch
Japan’s automaker has announced another mass recall, in a move that could further damage the company’s image. Toyota had already recalled millions of vehicles over an airbag defect. Toyota, the world’s largest car company, announced on Wednesday it was recalling 6.5 millions vehicles around the world after discovering a problem with the power windows. Around …
Prices of 23 cars increase in October
Hyundai Verna’s price increases by EGP 5,000, Mitsubishi Lancer increases by EGP 2,000
VW CEO Winterkorn likely to stay until end of 2018
Directors at Germany’s Volkswagen have thrown their weight behind extending the contract of CEO Martin Winterkorn. They said he should not leave the post before the end of 2018, hoping for more successful years. German carmaker Volkswagen said Wednesday that key members of its supervisory board hoped to extend the contract of CEO Martin Winterkorn …
Toyota’s quarterly profits jump
Japanese carmaker Toyota has logged a marked rise in first-quarter profits despite slightly lower unit sales in the new fiscal year. Production cost reductions helped the company secure solid results despite recalls. Toyota Motor Corporation said Tuesday its net income for the three months to June increased by 10 percent to 587.7 billion yen ($5.2 …
VW overtakes Toyota as world’s biggest automaker
Riding momentum in emerging economies, Volkswagen has outsold its Japanese rival Toyota to become the world's top seller of automobiles. Toyota has sold 5.02 million vehicles so far this year, shy of VW's 5.04 million. In a watershed moment for the German auto giant, Volkswagen was able to take the top spot globally in terms of sales volume in the…
4.9% increase in YTD automotive market: AMIC
Chevrolet, Hyundai and Toyota remain the market leaders in May 2015
Toyota launched operations in spare parts distribution centre
Toyota sales during the first quarter of 2015 reached 7,300 vehicles
Toyota Egypt to launch its latest models at the Automech Formula Exhibition (AFE) 2015
We are eager to expand and boost the production cycle in the automotive sector, says Executive Director
Shell denies rumours of Egypt shutdown
While the Dutch oil company denied shutting down their offices, several multinational companies have decided to suspend their s operations in the country
Japan automakers step on profit accelerator
The Camry and Corolla maker, which last year overtook General Motors to regain the title of world’s biggest automaker, said things would get even better
Japanese companies shut down factories in China
Honda, Mazda and Panasonic halting production