Toyota Motor Corp and Suzuki Motor Corp agreed on Thursday to produce cars for each other in India as Toyota aims to increase its market share in the world’s fifth-largest passenger car market. The agreement follows an R&D tie-up announced by the two Japanese automakers a year ago and will see Toyota, one of the […]
Why Toyota only sold one Prius in China last December
While Toyota Motor Corp.’s iconic gas-electric hybrid car continues to sell in other markets almost two decades after the first one was sold in Japan in late 1997, Chinese consumers have never warmed to the Prius, a mainstay of the U.S. green-car movement. This past year, sales almost completely flatlined, even as China’s cities continue […]
