Toyota Financial Services (TFS) issued the auto industry’s first-ever Asset-Backed Green Bond in the amount of $1.75 billion. The offering was upsized from $1.25 billion to accommodate demand as institutional investors demonstrated ...
Tags: auto industry, Toyota
Troubled French automaker Peugot has announced that it plans to begin selling cars within a couple of years that use compressed air (nitrogen actually) as a means of partial power for some of its smaller 3-cylinder vehicles. Using ...
Tags: Consumer Electronics, Electronics
China adjusted its subsidy program for new-energy vehicles on Tuesday, with the scope and depth of the policy narrowing. The move is in line with earlier remarks made by a senior official indicating that the country would shift the ...
Tags: new-energy vehicles, subsidy
Japanese automaker Toyota Motor is planning to double its sales in China by 2015 to 1.8 million units. The company plans to sell about 1 million units in China in 2012, representing 12% of global sales. If the company sells planned 1.8 ...
Tags: Toyota Motor, sedan, compact hatchback, gas-electric hybrid
Japanese carmaker Toyota’s US subsidiary, Toyota Motor Sales (TMS), has launched the new Scion iQ electric vehicle (EV) test programme in the US. The new four-seater city commuter car is powered by an electric motor that ...