Latest in Tag: Toyota Highlight
Latest in Tag: Toyota
Toyota-Orascom-GDF alliance to complete Gulf of Suez wind farm by October
Renewable energy projects attract international companies to invest in Egypt, says El-Khayat
Toyota launches hybrid cars booking in Egypt
Toyota Egypt announced the official pre-launch bookings for hybrid cars in Egypt, to be delivered in four months, where the company operates the special orders system based on the customers’ needs. Daily News Egypt learned that Corolla Hybrid was the first hybrid vehicle from Toyota in Egypt introduced at the end of last year, relying …
Toyota Launches 12th Generation Corolla in Egyptian Market
Toyota revealed the 2020 Corolla model during a big celebration, throughout which the details of the new generation was announced. Ahmed Monsef, CEO of Toyota Egypt, said his company aimed to get next year’s Diamond award through the new generation of the new Corolla sales, pointing out that the model has broken sales around the …
Toyota continues to prioritise customers’ interests, offers highest quality products in Egyptian market
Company introduces its lubricants brand in Egypt for the first time
Siemens, Toyota alliances qualified to establish control centre, smart metres supply for North Cairo Electricity Distribution Company
JICA funds $104m into project: Aref
Prices of November deliveries moving slowly
Easy, breezy, car shifting price gears
Toyota in pole position as Warsaw kick-starts electric car road trip
Toyota has picked the region of Silesia in southern Poland as the site for a new car factory. As Europe turns its back on diesel cars, the rush is on for electric and hybrid cars and Poland wants to be in on the action.Toyota has started production of hybrid electric transaxles at its Walbrzych plant …
Toyota, Uber join forces to push autonomous driving
Japanese carmaker Toyota has said it’s pumping a half-billion dollars into US ride-hailing company Uber to develop self-driving vehicles. The investment will help both sides compete with market leader Google’s Waymo.The news about Toyota’s $500 million (€427 million) investment in Uber came after the US rail-hiding service saw its efforts to go it alone derailed …
Toyota launches all-new Century after 21-year absence
Toyota announced the launch of its completely redesigned third generation Century in Japan and the start of sales at Toyota dealers nationwide, with a monthly sales target for Japan of only 50 units, and it will be assembled at Higashi-Fuji Plant in eastern Japan. The outline reflects the Japanese aesthetic of passive symmetry while employing …
Toyota invests record sum in ride-hailing firm Grab
Toyota has announced it is pumping $1 billion into Grab, the leading ride-share company in Southeast Asia. Initially cautious about ridesharing, Japan’s top automaker is now aggressively playing catch-up.Toyota said on Wednesday it was investing $1 billion (€850 million) in Asian ride-sharing company Grab, with the Japanese carmaker looking to expand beyond its core business …
Toyota Egypt brings Lexus to local market
Prices start at EGP 5.1m, 60 car sales targeted by 2019, sales officer says
Nissan, Toyota await Egypt’s automotive policy to expand investments: economic counsellor of Japan’s embassy
Taisei Corp, Orascom are discussing metro line 4 construction contract terms with NAT
6 car dealers change their prices in February
Six car dealers—Chevrolet, Ford, Toyota, Chery, Hyundai, and BMW—changed their prices of February 2018 car deliveries. Prices rose by EGP 2,000 for cars like the Hyundai Verna and by about EGP 90,000 for cars such as the BMW X1. The majority of car companies welcomed 2018 by fixing their prices, with the exception of minor …
Toyota-Egypt signs distribution agreement with Lexus
Toyota-Egypt signed an agreement with Lexus, the luxury vehicle division of Japanese car maker Toyota, to be the official distributor of Lexus cars in the Egyptian market starting from the beginning of 2018, after Egypt was named among the best car markets in the region. “There is tense competition in the Egyptian car market, but …
Car prices continue to rise in DecemberÂ
New price increases make it difficult for market to improve sales before end-2017
Automotive companies fix prices after Automech Formula 2017 concludes
A number of car companies decided to fix prices after offering discounts at the Automech Formula 2017. The automotive market witnessed a rise in the price of a number of models. With the recession plummeting market sales, customers are waiting for discount offers in the coming period, for new car buyers, after the used cars …
Car price hikes since the flotation
Price increases range from 9% to 105%, with Toyota in the lead
Car prices continue climbing in August
July ended, and August began, but the expectations of distributors and dealers in the auto market remained mere inc as no prices have gone down as predicted. Even worse, several companies raised their prices in late July and August by over 8% compared to the beginning of July. Among the companies that raised prices are …
Automotive companies promote themselves in North Coast
Kia, BMW, and Toyota are the most prominent signs announced
Toyota to increase its investment in Egypt over 5 years: CEO
The company to assemble the 2017 Fortuner with $8.5m investment plan
Automotive companies offer no price cuts in Ramadan
For the first time in years, car companies have not offered price cuts on their products during the holy month of Ramadan. Most car models’ prices remained unchanged, except Nissan, Hyundai, Chery, and Ford. Auto companies expect that the sector’s sales will fall due to the Central Bank of Egypt’s (CBE) decision to raise the …
Strong yen slows down Toyota profit drive
The world’s second largest carmaker reported its first drop in annual net profit in five years, warning that the decline could be followed by another profit slump this year due to higher costs and a further rising yen.Toyota posted a net profit of 1.83 trillion yen ($16 billion, 14.7 billion euros) in its last fiscal …
Toyota alliance awaits land allocation to complete financial closure of Suez Gulf wind farm
EETC signs power purchasing agreement within 2 months, say sources
SCZone negotiates with Toyota TTC-NYK- Bolloré group to establish platform for large vehicles
The General Authority for the Suez Canal Economic Zone (SCZone) has revealed that it began negotiations with the Singaporean ports authority in order to establish a platform for container ships. Negotiations are also ongoing with Toyota TTC-NYK-BollorĂ© group to establish a platform for large vehicles. According to the press release by the SCZone authority, it …
VW dethrones Toyota as world’s best-selling carmaker
German carmaker Volkswagen (VW) has nudged Toyota from the top spot in global vehicles sales, after the Japanese auto giant has reported weak 2016 results, causing it to lose the crown for the first time in five years.Toyota announced on Monday that it had sold 10.175 million vehicles worldwide last year, which was a rise …
Automotive market starts 2017 with price increases across 131 models
The new year for the automotive industry has begun with price increases across 131 models from every famous brand in the automotive market. This rise in prices came amid new estimates set by car companies on the cost of imported cars and their components in US dollars after the Central Bank of Egypt’s (CBE) decision …
Trump issues stern warning to Toyota
Donald Trump has threatened to impose hefty fees on Toyota, should the Japanese carmaker go ahead with its plan to build Corolla vehicles for the US market at a plant in Mexico. It’s not his first attack on automakers.US President-elect Donald Trump on Thursday targeted Japanese carmaker Toyota, threatening to impose hefty import tariffs, if …
Stephane Peterhansel leads Peugeot sweep in stage three of Dakar Rally as Toyota flounder
Defending champion Stephane Peterhansel led a Peugeot 1-2-3 in the third stage of the Dakar Rally on Wednesday. Qatar’s Nasser Al-Attiyah hit trouble as Toyota suffered a disastrous day in Argentina.Frenchman Stephane Peterhansel is seeking a 13th career triumph in the gruelling 9,000km endurance event, and he took a step towards that goal by finishing …
Electricity Ministry demands Toyota alliance’s acceptance of placing arbitration in Cairo to finalise Suez Gulf wind farm
Agreement will be signed during the first quarter of 2017
Finance Ministry approves state guarantee for Toyota alliance’s Suez wind farm
Toyota, Orascom, GD France alliance to sign contracts with Egyptian Electricity Transmission Company in January