Tag Archives: TOYOTA

Recession: Toyota imports drop by 90 percent in first quarter

Toyota (Nigeria) Limited said on Thursday that importation of new cars dropped by about 90 per cent between the first quarter of 2016 and 2017 first quarter. While 3,500 units were imported in 2016 first quarter, only 350 units were imported in the first quarter of 2017 amidst biting recession worsened by the devaluation of naira and scarcity of foreign …

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Toyota recalls 5.8m cars

Toyota recalls 5.8m cars Toyota Motor Corp has recalled about 5.8 million cars at home and abroad over potentially faulty air bag inflators made by Takata Corp. According to agency report, the company said in a statement in Tokyo, that the recalled cars included those used as replacement parts following a 2010 recall. It said the recalled covered airbags installed …

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