Toyota Motor Corp (7203.T)
SINGAPORE Toyota Motor Corp has agreed to buy a $1 billion stake in Southeast Asia's Grab in the biggest investment by a carmaker into a ride-hailing firm, at a time when traditional automakers are racing to team up with disruptive tech companies.
* Will offer data-based services to Grab drivers (Recasts, adds Grab comment)
SINGAPORE, June 13 Toyota Motor Corp has agreed to invest $1 billion in Southeast Asian ride-hailing firm Grab as a lead investor in the company's ongoing financing round. The investment by Toyota is the largest-ever by an automotive manufacturer in the global ride-hailing sector, Grab said in a statement on Wednesday. (Reporting by Aradhana Aravindan; Editing by Himani Sarkar)
TOKYO Japan's Nikkei share average snapped a four-day winning streak on Friday as investors stayed on the sidelines ahead of major economic events, while large-cap stocks such as SoftBank and Fanuc weighed on the index.
WASHINGTON, June 7 The U.S. International Trade Commission said on Thursday it would investigate Toyota Motor Corp, Panasonic Corp and other companies for alleged patent infringement in certain infotainment systems, components and automobiles containing such systems.
BEIJING, June 5 Toyota Motor Corp's vehicle sales in China rose 8.6 percent in May from a year earlier to 122,400 vehicles, the company said on Tuesday.
SYDNEY, June 5 Australian new vehicle sales dipped in May for the second straight month in a sign consumers are holding back on spending as they struggle with high mortgage debt and weak wage growth.
TOKYO Toyota Motor Corp on Friday said it was planning to transfer some its parts manufacturing operations to its main supplier Denso Corp to free up resources to compete more effectively on new vehicle technologies.
* Denso to make all core electronic parts for Toyota from 2022
TOKYO, June 1 Toyota Motor Corp said on Friday it had reached an agreement with Denso Corp, its main supplier, to consolidate all core electronics component operations of both companies within Denso.