toyota

CFAO Auto Group looks at entering the Nigerian car manufacturing market

CFAO Auto Group has been looking at the potential car market in Nigeria following other multinational companies including Toyota, Nissan and Kia's entrance to the country through local partnership with distributors for car assembly and production.

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Boston social ad startup announces $4.5M extension to Series B funding

Boston, US-based social advertising and marketing startup Moontoast announced that it has raised $4.5 million as extension to its Series B financing round for its expansion and platform development.

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Audi proposes $30.3 B investment plan to challenge Toyota, GM, BMW sales

Volkswagen AG's Audi division said today in a statement that it is aiming to challenge major automobile players in terms of global sales by pouring in €22 billion or $30.3 billion in auto model and technology development through 2018.

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Chicago media firm Tribune agrees to buy Gracenote from Sony in $170M deal

Chicago-based media firm Tribune has entered an agreement to purchase Gracenote, the California-based music data unit of Japanese conglomerate Sony in a deal valued at $170 million, according to a statement by Tribune.

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GT Capital purchases 40.7% of Toyota dealership in the Philippines

Philippine-based conglomerate GT Capital Holdings Inc bought more than 40% of car dealership Toyota Manila Bay Corp (TMBC) in a deal valued at PHP502.25 million.

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Volkswagen reveals EUR84.2 investment plan

Europe's top carmaker Volkswagen (VW) has revealed its plan to invest EUR84.2 billion in the next five years for technology upgrades and modernization of its plants.

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10 Best Car Deals in November

November is here and before you know it, we will find ourselves in the midst of the holiday hustle and bustle. Before running off to the department stores to stock up on holiday presents for others, take a moment to make sure you're getting the best deal on a new car this month.

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SocialChorus raises USD2.5 million series A funding

SocialChorus had raise a total of USD8 million so far after the close of its USD2.5 million Series A Funding.

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GM's new no-frills van pushed up sales in Indonesia

General Motors wanted to compete with Japanese auto-makers who dominate Indonesia by launching its no-frills Spin van.

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Toyota Targets Myanmar for Expansion

Toyota Motor Corp, the world’s biggest carmaker announced its planned expansion in Myanmar, Cambodia and Kenya.

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Toyota to license fuel-cell technology to BMW - Nikkei

Toyota is nearing an agreement to license its fuel-cell vehicle technology to BMW

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