Toyota Motor Corp
Manufacturing
Govt wants auto companies to cut royalties to foreign parents
India's commerce minister has asked automakers to find ways to reduce royalty payments to foreign parent companies for use of ......
Manufacturing
Automakers seek tax cut to boost demand after coronavirus hit
Automakers in India want a temporary tax cut on cars, trucks and motorbikes as well as incentives to scrap old ......
Manufacturing
India car sales crash in March on coronavirus lockdown
Automakers in India saw a steep fall in sales in March as a slowdown in demand was exacerbated by shutdowns ......
TMT
Toyota-backed bus aggregator Shuttl raising capital from new investor
Gurugram-based bus aggregator Shuttl is set to raise $8.1 million (about Rs 57.42 crore) as part of its Series C ......
Manufacturing
Fiat Chrysler, Peugeot owner seal $50 bn merger deal
Fiat Chrysler and Peugeot maker PSA have reached a binding agreement over their roughly $50 billion merger that will reshape ......
Manufacturing
Suzuki joins Ford, other foreign automakers in rethinking India strategy
Suzuki Motor Corp said it was no longer gung-ho about India’s auto market, the world’s fourth-largest, where it has seen ......
Manufacturing
Fiat Chrysler, Peugeot plan to create world's No.4 carmaker
Fiat Chrysler and Peugeot owner PSA plan to join forces through a 50-50 share swap to create the world’s fourth-largest automaker, ......
Manufacturing
Toyota affiliate paying premium to buy stake in Vardhman Special Steels
Aichi Steel Corporation, a Japanese steelmaker and an affiliate of automaker Toyota Motor Corp, has agreed to acquire a minority ......
Manufacturing
Automakers demand tax cuts as sales plummet for 10th month
India’s passenger vehicles sales are set to fall for a tenth consecutive month in August, forcing analysts to slash their ......
Manufacturing
Fiat Chrysler, Renault weigh $35 bn merger to form world's third-biggest automaker
Fiat Chrysler pitched a finely balanced merger of equals to Renault on Monday to confront the costs of far-reaching technological ......