Toyota expects to sell 3.5 million electric cars annually by 2030. That’s per a data presentation by tradingplatforms.com. This is a bold move for the company that has historically focused on hybrid and fuel-cell technology rather than all-electric vehicles (EVs).
Toyota said it would extend a production suspension at all of its factories in Europe, with the exception of Russia, until further notice. The plants are not expected to resume output until April 20 at the earliest, Toyota said.
Toyota is investing 400 million zlotys ($113 million) in its Polish engine plant to build a 1.5-liter gasoline unit for hybrid cars.Toyota will start production of the new-generation engine in 2020 in its factory in the southwestern city of Jelcz-Laskowice. The engine will be used in hybrid vehicles alongside an electric motor.
AUTOBOND GROUP, one of Toyota’s largest dealers in the Czech Republic, opened a new Toyota store in Ostrava in October – Svinov. The multi-million investment in the Opava, built according to the brand’s retail concept, was realized over six months.
Toyota Central Europe – Czech published the results of a nationwide event “Toyota Weekend”, which took place during last Saturday and Sunday (25 and 26 March 2017). During this weekend, over 1,700 visitors came to authorized partners.
Toyota Motor lost its title as the world’s best-selling automaker to Volkswagen Group, ending the Japanese company’s four-year reign, as demand for its flagship Camry sedan waned in the U.S. and sales in China expanded at a slower pace than the overall market.
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