Toyota South Africa Motors (TSAM) saw its new-vehicle sales slip by 9.8% in 2024 compared with 2023 – this in an overall market that was down 3%. The local arm of the Japanese manufacturer, however, ...
The deal with Michelin is part of CFAO’s strategic expansion into new markets, leveraging synergies and footprint advantages, and enhancing the distribution network to reap the economies of scale.
Toyota announced this week that it, alongside Hino Motors, its commercial truck subsidiary, settled with the U.S. Justice ...