venue for 2024, reaching EUR 47.5 billion despite slightly lower unit sales. The Group’s adjusted operating profit grew by 8.7% to EUR 4.4 billion, with a 9.2% adjusted operating return on sales, surpassing the forecasted range of 8.0% to 9.0%. As key highlights of the 2024 results, CEO Christian Levin emphasized Traton’s progress toward sustainable transportation, with incoming orders for battery-electric vehicles rising nearly 60% to 4,000 ...

News  Updated at: 2025/03/11

ent positions to them in conjunction with the labor dispatching company. The laid-off employees worked at the GAC Toyota Guangzhou Plant, which has an annual vehicle capacity of about 1 million units and a workforce of about 19,000 employees, and produces such models as the Camry midsize sedan, the Levin compact sedan, and the bZ4X midsize crossover battery electric SUV. From multiple press releases...

News  Updated at: 2023/07/27

GAC Toyota officially launches new generation of Levin On March 23, GAC Toyota announced the official launch of the new generation of the Levin, which is positioned as a compact sedan and is available in a total of 9 models with an intelligent plug-in hybrid dual-engine version, a TNGA 1.5L gasoline version, and a 185T gasoline version, with prices ranging from CNY 113,800 to CNY 148,800. The intelligent plug-in hybrid dual-engine version is equi...

News  Updated at: 2023/03/28

e users has so far exceeded 9.5 million, and is expected to reach 10 million in 2023. GAC Toyota is expected to launch and upgrade 12 dual-engine products to realize the electric hybridization of all TNGA models. The first batch of two models, which are the Frontlander compact crossover SUV and the Levin GT compact sedan, will feature the new 5th-generation intelligent electric hybrid dual-engine technology. For battery electric vehicles, the bZ ...

News  Updated at: 2023/02/24

ergy, transport and technology industries: Björn Rosengren (ABB), Thierry Vanlancker (AkzoNobel), Francesco Starace (ENEL), Leonhard Birnbaum (E.ON), Börje Ekholm (Ericsson), Henrik Henriksson (H2GreenSteel), Ignacio Galán (Iberdrola), Frans van Houten (Philips), Christian Klein (SAP), Christian Levin (Scania), Jean-Pascale Tricoire (Schneider Electric) and Herbert Diess (Volkswagen). McKinsey & Company is serving as a knowledge contributor fo...

News  Updated at: 2021/07/08

GAC Toyota launches all-new Levin GT compact sedan On June 6, GAC Toyota Motor Co., Ltd. (GAC Toyota) launched the all-new Levin GT compact sedan. The vehicle is available in two versions priced at CNY 148,800 and CNY 158,800 respectively.The vehicle features an elegant front, smooth waistlines, LED lens headlights and LED combination taillights, as well as 17-inch aluminum alloy hubs.It is 4,695mm long, 1,780mm wide and 1,435mm high, with a whee...

News  Updated at: 2021/06/08

AC Aion, GAC Honda, GAC Acura, GAC Toyota, GAC FCA, GAC Mitsubishi and Hycan, exhibited their models at the Auto Shanghai 2021. To be specific, GAC Honda unveiled the Breeze SPORT HYBRID e+ SUV. GAC Toyota exhibited the fourth-generation Highlander SUV, a TNGA-based (Toyota New Global Architecture) Levin GT sedan, a face-lifted Camry sedan, a high-performance version of the Wildlander SUV and a face-lifted C-HR SUV. GAC FCA exhibited a complete J...

News  Updated at: 2021/04/20

ound the globe. In China, Toyota has introduced more than 20 HEV models since 2001. It achieved the sale of 1 million HEVs in the Chinese market in mid-September 2020. Toyota exhibited six HEVs at the Auto China 2020, including the Avalon Hybrid, Camry Hybrid, Corolla Hybrid, a sport version of the Levin Hybrid, RAV4 Hybrid and Wildlander Hybrid.  With regard to battery electric vehicles, Toyota exhibited the C-HR/Izoa EV that made its world pr...

News  Updated at: 2020/09/28

mous, shared and electric) trend, and the “MIRAI” Concept, an all-new fuel cell electric vehicle (FCEV). Measures to support the convening of the Beijing 2022 Olympic and Paralympic Winter Games will be released by Toyota in the meantime. In addition, Toyota will exhibit Corolla Plug-in Hybrid, Levin Plug-in Hybrid, C-HR EV, IZOA EV and Lexus UX300e. From a Toyota China press release...

News  Updated at: 2020/09/23

operation of dealers, and ensuring the health and safety of its employees. It is working to ensure a stable supply of production and after-sales service parts after production restart.GAC Toyota restarted operations in stages from February 17. Customer demand for products such as Camry, Highlander, Levin, Yaris L ZhixuanX, between February 17-22 will be met by adjusting the work schedules and holidays of production lines A and B.GAC Trumpchi bran...

News  Updated at: 2020/02/25

olding compounds (BMCs, thermosetting molding material) for power generation motor sealants used in Toyota Motor Corporation’s hybrid vehicles (HVs) sold in China. This is according to Toyota’s policy to develop and produce powertrains in China for model changes of the Toyota Corolla Hybrid and Levin Hybrid. BMCs have high thermal conductivity, high insulation, heat resistance, high flowability, dimensional stability, and chemical resistance....

News  Updated at: 2019/08/06

held in Guangzhou.Before deploying it in the Guangdong-Hong Kong-Macao Greater Bay Area and then expanding it to the rest of China, the platform On Time will have a trial operation period in Guangzhou. GAC Group plans to introduce models including EV Trumpchi GE3 530 and Aion S from GAC New Energy, Levin HEV from GAC Toyota to the platform.On Time is a smart transportation service platform funded by GAC Group, Tencent, Guangzhou Public Transport,...

News  Updated at: 2019/06/28

GAC Toyota launches all-new Levin in China On May 20, GAC Toyota announced that it launched an all-new Levin compact sedan. The lineup includes two different powertrains (185T and hybrid (HV)), with each available in 5 different versions. Retail prices range from CNY 115.8 to 152.8 thousand.The new sedan is 4,640mm long, 1,780mm wide, 1,455mm high and has a wheelbase of 2,700mm.The 185T version is equipped with a D-4T direct injection turbo engin...

News  Updated at: 2019/05/23

ving technologies. It will be launched at the end of September 2019.For joint venture brands, GAC Honda showcased the new CR-V; GAC Acura showcased the concept version of the RDX A-SPEC, a special facelifted version of the CDX, and a special facelifted version of the TLX-L; GAC Toyota showcased the Levin E+ PHEV, next-generaiton Levin, and the 2019 Camry; GAC FCA showcased models such as the new Jeep Compass and the Jeep Commander PHEV; and GAC M...

News  Updated at: 2019/05/07

Toyoda Gosei develops new plastic battery case On April 3 Toyoda Gosei Co., Ltd. announced that it developed a battery case made of plastic, which has been adopted for the Corolla and Levin plug-in hybrid vehicles (PHVs) released by Toyota Motor Corporation in China, in March. The battery case maintains a gap between the batteries stored inside to allow for cooling by outside air via holes in the sides. The case is also insulated with internal co...

News  Updated at: 2019/04/04

GAC Toyota launches Levin E+ PHEV On March 11, GAC Toyota launched the Levin E+ PHEV mid-level dual-engine PHEV (plug-in hybrid electric vehicle). Four versions are available, with a suggested retail price ranging from CNY 185,800 to CNY 200,800.The vehicle features a powertrain system combining a 1.8L Atkinson cycle engine, a permanent magnet synchronous motor, and Panasonic’s ternary lithium battery that has an output of 100 kW (or 136 Ps) ma...

News  Updated at: 2019/03/15

GAC Toyota opens preorders for Levin E+ PHEV According to major media reports on February 18, GAC Toyota opened preorders for the Levin E+ dual-engine mid-level PHEV (plug-in hybrid electric vehicle), which will be launched in March 2019.The vehicle features Toyota’s plug-in hybrid dual-engine power technology that integrates a 1.8L Atkinson cycle engine and a permanent magnet synchronous motor, mated to an E-CVT (electronic-continuously variab...

News  Updated at: 2019/02/25

de disputes between the U.S. and China, and the depreciation of currencies in emerging markets. Unit sales in China showed a sharp difference among the automakers. Toyota's sales volume in the country recorded an all-time high of 1.48 million units owing to strong sales of the new Camry and Corolla/Levin, as well as a decrease in tariffs on imported cars, which contributed to improved sales of the Lexus exported from Japan. Meanwhile, the market ...

News  Updated at: 2019/02/12

Toyota to showcase twenty-one models at Guangzhou Auto Show On November 9, Toyota announced that it will showcase twenty-one models at the 2018 Guangzhou International Auto Show. The world premiere of the all-new Corolla and the all-new Levin underpinned on the TNGA platform will take place at the exhibition. Toyota will also debut the all-new Avalon flagship and unveil the Chinese name of the model before the auto show starts.Toyota will showcas...

News  Updated at: 2018/11/14

n reveal of the all-new, 12th-generation 2020 Toyota Corolla will be on Thursday, November 15, at 7:00 p.m. PST live from Carmel, California, two weeks ahead of the 2018 Los Angeles Auto Show, where it will be prominently displayed.Toyota will simultaneously unveil the corresponding new Corolla and Levin sedan models in China on November 16 at the Guangzhou International Automobile Exhibition. (Toyota press release on November 12, 2018) (Toyota ...

News  Updated at: 2018/11/13