General Motors wanted to compete with Japanese auto-makers who dominate Indonesia by launching its no-frills Spin van.
Tags: Toyota
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.
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.
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.
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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Toyota Motor Corp, the world’s biggest carmaker announced its planned expansion in Myanmar, Cambodia and Kenya.
Toyota is nearing an agreement to license its fuel-cell vehicle technology to BMW Japanese automaker Toyota Motor Corp is nearing an agreement to license its fuel-cell vehicle technology to Germany's BMW AG BMWG.
