Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Moreover, the economy of scale is another problem, in terms of production and sales. Due to the lack of demand of such automobiles in the market, the automakers cannot produce the equipment on larger scale. Low sales also result in higher costs of such cars, let alone SUVs and crossovers. The payback period of these […]
The most economic cars that have shortest payback period are Honda Insight and Ford Fusion Hybrid. The Insight registers one of the steepest declines compared with a comparably equipped gas-powered Honda Fit by dropping the payback period to just three years at $5 per gallon, down from six years at $3 per gallon. Likewise, of […]
The two automotive giants, Honda and Toyota are experiencing the worst time in their corporate history. The year 2011 was one of the worst for both carmakers. However, both Toyota and Honda are eyeing the 2012 North American International Auto Show, staged in Detroit, to make a comeback in the American market. For the last […]
Honda, on the other hand, had been struck immensely by natural catastrophes last year. Its local production in Japan was severely affected by the March earthquake and Tsunami. That turmoil was followed by Thailand floods in September that stalled the supply of various plastic, electronic and rubber components used in its vehicles. However, the company […]
As a result of Toyota’s decision of working with suppliers who had no experience nor understanding of Toyota’s culture and values. The firm had the face the biggest concern in its history, recalling about 8 million vehicle amount as much as its annual production. Problem it is facing today has nothing to do with Toyota’s […]
Special measures were ensured all across the globe as Managing Director, Toyota Great Britain talks about the safety and security of customers as top priority. He briefed that, “the authorities are being informed about the issue who has given them with names and addresses of the owners till time and customers will soon be receiving […]
Toyota has a history of 70 years and has earned a good reputation amongst the automobile industry over the past few decades. In early 1950’s Toyota was about to be bankrupted and also faced labour dispute but somehow managed to get out of the problems to continue the journey it had in mind. It was […]
Japanese automakers showed increase in sales this the year, according to a report published by Santa Monica-based automotive industry analysis organization, TrueCar.com. The Japan automotive companies had a warm reception this year in the US. Toyota Motors and Nissan Motors had increased sales since April 2011. However, sadly for Honda, the dice roll did not […]
