Toyota showcases its electric car at the second China International Import Expo in November. [Photo by Li Fusheng/China Daily] Toyota Motor forecast a 20 percent profit decline in the current financial year on Wednesday, citing looming investment in both its suppliers and strategy after it delivered blockbuster fourth-quarter earnings. Despite the leaner forecast, the results … Continue reading Investments forecast to hit profits at Toyota
Tag: strategy
‘Invigorating’ China a key focus after record year of sales for Rolls-Royce
Rolls-Royce CEO Chris Brownridge shares the company’s global strategy and his insights into China’s luxury market at the 2024 Auto China in Beijing. [Photo/China Daily] Rolls-Royce finds China “invigorating” and will continue its investment in the country, its second-largest market in the world, said the CEO of the British luxury brand. “It’s a very exciting … Continue reading ‘Invigorating’ China a key focus after record year of sales for Rolls-Royce
Nissan teams up with Baidu on generative AI
Nissan President and CEO Makoto Uchida explains the carmaker’s strategy in China at the Beijing auto show on April 25, 2024. [Photo provided to chinadaily.com.cn] Japanese carmaker Nissan is to empower its vehicles with Chinese technology company Baidu’s expertise in generative artificial intelligence, according to a memorandum they two signed on Thursday. Nissan and Baidu … Continue reading Nissan teams up with Baidu on generative AI