toyota

Toyota’s $600m investment in Didi typifies industry tie-ups

Partnerships are growing between automakers and ride-hailing groups looking to solve the car industry's woes. Strategic investment could tide Didi over during a capital raising rut in private markets.

July 25, 2019

Grab's new investors hope to catch a ride on its regional growth

The latest infusion of cash values the ride-hailing app at around $11 billion. Its expanded war chest will be put to work mainly in Indonesia where rival Go-Jek is revving up investment.

August 02, 2018

Grab bulks up even as Singapore trustbusters circle

The ride-hailing unicorn is launching a super-app, seeking out partners along the transport value chain, and targeting $1 billion in revenues this year. It’s drive for scale refuses to slow.

July 10, 2018

The car in front is still a Toyota

Toyota’s troubles land it in front of a congressional hearing, but analysts remain upbeat on the carmaker’s long-term health.

March 24, 2010

Zhongsheng prices IPO near low end of range

The Chinese car retailer prices at HK$10 per share and raises $369 million – well below the $1 billion that it had targeted before the deal was reduced in size ahead of the bookbuild.

March 21, 2010

Zhongsheng resumes IPO, but halves the size

The Chinese car dealer decides to sell a smaller portion of its enlarged share capital at this time, believing that the stock will command a higher valuation in the long term, sources say.

March 09, 2010

Toyota sales agent puts $1 billion IPO on hold

Bankers blame the current market conditions for Zhongsheng's decision to postpone the deal, but analysts say lofty price expectations by the issuer also played a role.

March 03, 2010

Can the Toyota Way survive?

Toyota's legendary commitment to quality and its workforce are facing their biggest challenge in 50 years.

February 09, 2009