Indonesia car sales rise 228 percent in May World

Indonesia car sales rise 228 percent in May

Indonesia’s car sales jumped by 228 percent year on year in May 2021, while that of motorcycles increased 277 percent on an annual basis, according to Coordinating Minister for Economic Affairs Airlangga Hartarto.
Toyota, Honda suspend production in Malaysia World

Toyota, Honda suspend production in Malaysia

Toyota Motor Corp and Honda Motor Co. have ceased operation of their factories in Malaysia after this Southeast Asian country initiated a national lockdown to curb the spread of COVID-19 on June 1.
MoU inked for enhanced capacity of support industry firms Business

MoU inked for enhanced capacity of support industry firms

Toyota Motor Vietnam Co., Ltd. and the Ministry of Industry and Trade’s Industry Agency on May 17 signed a memorandum of understanding (MoU) on their cooperation project to improve the capacity of domestic enterprises operating in supporting industries and strengthen their linkages with automobile assemblers.