Toyota’s financial services operating income grew 18% in the year ending March, totalling £1.9bn (JPY 283.9bn).…
VW in talks to manage, supply fleet for China’s Didi
The Volkswagen group is in talks to manage and supply part of Chinese ride-hailing company Didi Chuxing’s fleet, it has been reported.…
Volvo’s leasing revenues down by 30% in first quarter
Geely-owned Volvo reported a slowdown in revenue from subscription, leasing and rental business, which decreased 30% year-on-year during the first quarter.…
Renault-Nissan joins Didi alliance in China
The Renault-Nissan-Mitsubishi Alliance has entered a collaboration with Chinese ride-hailer Didi Chuxing to develop mobility and financial services in the country.…
Volkswagen Bank raises €800m through bonds and ABS
Volkswagen Bank has securitised €500m (£571m) in receivables from its Italian branch, as well as placing bonds worth a total of €300m.…