Ashvin Chotai News
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Volkswagen AG’s Audi posted the fastest pace of sales growth among German luxury marques in China last month after it sold more sport-utility vehicles.
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Toyota Motor Corp., the world’s biggest carmaker, forecast profit and sales will climb to the highest in six years as the weakening yen gives it an edge over General Motors Co. and Volkswagen AG.
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The slide in the yen has turned Mazda Motor Corp.’s biggest weakness into its biggest strength. All Japan’s most export-dependent automaker has to do now is sell more cars.
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Toyota Motor Corp. President Akio Toyoda cleared out the remnants of top management inherited when he took the helm in 2009 in a revamp to restore the fortunes of the world’s biggest carmaker after years of turmoil.
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Toyota Motor Corp. placed such importance on the Indian-built Etios compact that it was the only new car the company didn’t delay amid the global financial crisis. President Akio Toyoda needs it to escape a sales ranking of seventh in Asia’s second-fastest growing major economy.
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General Motors Co . and Volkswagen AG expect to boost vehicle sales in China faster than the nation’s economic growth rate, defying government policies to curb sales and threatening Toyota Motor Corp.’s standing as the world’s largest carmaker.
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Toyota Motor Corp. President Akio Toyoda overhauled his top management for a second straight year, strengthening his control over the world’s largest carmaker to vie with General Motors Co. and Volkswagen AG.
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China’s passenger-vehicle market had its strongest start since 2010, while sales in India shrank for a third month, illustrating the contrast in automobile demand in the world’s two most populous nations.
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Toyota Motor Corp. President Akio Toyoda said seven months ago that his biggest wish at the time was for a year free of disasters. He’s not going to get it.
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China, failing to convince motorists to buy electric cars, is considering widening state subsidies for gasoline-electric automobiles and other fuel-efficient vehicles, according to the industry minister.
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