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Toyota Motor said on Thursday its global sales and production hit record highs in the year ended March 31, thanks to robust demand in each region and the lack of semiconductor supply constraints it...
BEIJING (Reuters) -Japan's Toyota Motor will pair up with China's Tencent while Nissan will team up with Baidu, the companies said on Thursday, cross-border partnerships that highlight the importance of artificial intelligence for carmakers. The separate announcements from two of Japan's biggest automakers at the Beijing auto show also underscored the attempt by Japanese manufacturers to come to grips with the massive technological shifts that have disrupted their once enviable positions in the Chinese market.
Toyota Motor on Thursday said it will partner Chinese gaming and social media leader Tencent in China, as the Japanese automaker aims to meet younger consumers' taste for technology-enhanced cars. ...
Japanese automakers are trying to regain ground in the world’s largest auto market
Chinese-backed Swedish electric vehicle maker Polestar Automotive is preparing to shift production of cars it plans to sell into Europe to its U.S. plant from China in view of rising geopolitical...