Etiqueta: toyota

Toyota Motor Corporation (Toyota) is exhibiting at the 2024 Beijing International Automotive Exhibition to showcase its efforts in China, centered around intelligence, electrification, and diversification, as part of the transformation into a mobility company. The exhibit also highlights the company's creation of new value through products and services tailored to customer needs.

A new Toyota Corolla rival from BYD is due in Chinese showrooms later this year with a circa-$50,000 price.

India's Tata Motors plans to import its Jaguar Land Rover (JLR) luxury electric cars under a new government policy that lowers import taxes for companies agreeing to set up local manufacturing, two Indian government sources said.

The domestic vehicle market was estimated to have expanded by just 6% to 25.18m units last year

France and Germany disagree over China’s plan to sell a million electric cars in Europe. Germany fears action may harm its China business. The EU may investigate dumping.

The Asian continent is emerging as the undisputed manufacturing market, where major automotive manufacturers are looking for quality and low-cost supply.