Toyota

Japanese auto giant Toyota and smaller rival Mazda said on Aug. 4 that they agreed a capital tie-up to focus on joint development of electric vehicles, while building a $1.6 billion factory in the United States which will create up to 4,000 jobs.

The move comes as the automotive industry is faced with a major shift towards greener transport and greater use of information technology.

The Gülenist civil executive cadre, who played a key role in conducting the July 15 coup during the night at the Akıncı Base, was apprehended in the morning near the base. Their recount of "not being informed of the coup" poses a serious problem of credibility.

Turkish automotive production rose 20 percent year on year to 869,158 vehicles in the first half, with output up 8 percent to 141,161 vehicles in June, Turkey's automotive producers' body said.

Japan's crisis-hit car parts maker Takata filed for bankruptcy protection on June 26 and said its chief executive would quit after a deadly airbag crisis that triggered the auto industry's biggest ever safety recall.

Japan wants to hold informal free trade talks with Britain as it also works to sign a deal with the European Union, a report said on June 25.

Tokyo's moves aim to minimize Brexit's impact on Japanese companies as Britain negotiates its exit from the EU, the business daily Nikkei reported.

The number of vehicles registered in Turkey decreased by 7.2 percent year-on-year in April to 99,260 units, according to the country's statistics authority on June 13.        

Turkey is set to break a new record in terms of exports, the head of the country's exporters assembly has said, noting that the export industry has now begun displaying a positive trend following the upheaval after the July 2016 coup attempt.

Car manufacturers have dominated Turkey's largest 500 industrial companies list with a total of five automotive firms taking place in the top 10 list by the Istanbul Chamber of Industry (İSO), making more than 60 billion Turkish Liras ($17 billion) in sales revenue last year. 

One of the most brutally disappointing aspects of growing up is realizing the Tonka trucks you played with as a child aren’t street-legal. Members of Toyota’s Australian division must feel the same way, because they’ve worked day and night to transform the HiLux pickup truck into a real-life, full-size Tonka that starts and drives.

Turkey has launched a year-long image-building campaign to inform foreigners through chief executive officers of international companies in Turkey about the "country's reality," inviting them and their friends to visit and see it with their own eyes.