Tag Archives: carmakers

Toyota Motor Corp’s shares reached a record high on Wednesday, earning a rare message of thanks from the company’s president at its annual general meeting (AGM). The share price of Japan’s no.1 carmaker exceeded 10,000 yen ($90.84) on Tuesday for the first time, as investors welcomed Toyota’s strong sales, electric …

BMW and Jaguar Land Rover on Wednesday said they will jointly develop electric motors, transmissions and power electronics, unveiling yet another industry alliance designed to lower the costs of developing electric cars. Both carmakers are under pressure to roll out zero-emission vehicles to meet stringent anti-pollution rules but have struggled …