Saturday, October 31, 2020

Toyota to invest $500 million in KDDI to deepen ties for "connected car"

Toyota Motor Corp and KDDI Corp said on Friday that Japan's biggest automaker would invest 52.2 billion yen ($500 million) in the mobile carrier to deepen their partnership in the age of the "connected car".

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Mercedes plans bigger India play with greater localisation of parts

Mercedes-Benz plans to increase its local manufacturing efforts while expanding its supplier base in India. The luxury carmaker expects to a...