TOYOTA

Toyota Motor Corp. is negotiating a deal to license its expertise in hybrid vehicles and to supply car parts to its Chinese partner, FAW Group Corp by 2012.

Toyota is all set to launch their most ambitious car Etios in India and is likely to be priced at an aggressive entry price of 525,000 rupees (Ex-Showroom, New Delhi).

Despite the hugely successful initial public offering General Motors (NYSE: GM) underwent last week, the company still has numerous questions surrounding it, particularly its huge pension liabilities. As such, David Silver, an equity research analyst at Wall Street Strategies in New York, believes that Ford Motor Co. (NYSE: F) is the better auto company and more attractive stock right now.

Toyota motors will upgrade engine assembly lines worldwide to cut output cost and make even the smaller assembling units profitable, the Nikkei daily report said.