Browsing Tag
GAC Toyota
2 posts
Toyota’s China JV structure faces shake-up as GAC and FAW move closer
A proposed transaction between Guangzhou Automobile Group and FAW Group could accelerate consolidation around Toyota Motor Corporation’s two long-standing Chinese joint ventures as local electric-vehicle brands gain market share and industry profitability deteriorates.
Hesai Group doubles robotics growth outlook after lidar shipments surge 78% in Q2
Hesai lidar shipments surged 78% as robotics demand accelerated, but shares fell 5% as margins weakened. See what Q3 could bring.