While sports cars such as the Mazda ... In the late 1980s, the big Japanese auto manufacturers were locked in combat to launch the first US-focused luxury sub-brand from the nation.
Toyota Motor ... AG plan to turn all their cars into EVs by 2026 and by 2030, respectively. That changeover is expected to fuel fierce competition in EV sales in the luxury vehicle market.
The factory, with initial capacity of 100,000 EVs a year, will be the first standalone assembly plant operated in China by Toyota without a local partner.
Toyota, the well-known Japanese automobile giant, has a reason to celebrate at the beginning of 2025 as it continues to be the world's largest car manufacturer ... as well as luxury makers ...
Despite a slight drop in numbers, Toyota has held on to its position as the world’s best-selling automaker for a fifth straight year. The Japanese ... world’s largest car market.