Toyota Files $361 Million South Africa Flood Damage Lawsuit: BD

Toyota Motors Corp. has brought a lawsuit for 6.5 billion rand ($361 million) in a South African court for 2022 flood damages that shuttered its plant near Durban, Business Day reported.
The claim against Transnet SOC Ltd., the KwaZulu-Natal Department of Transport and eThekwini Municipality has been brought in the high court in Durban by Toyota South Africa Motors' insurer, Tokio Marine & Nichido Fire Insurance.

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News24

16 minutes ago

• News24

Durban company owner arrested along with allegedly undocumented foreign truck driver staff

About 20 undocumented foreign nationals were arrested at a KwaZulu-Natal mining and logistics company after a surprise raid led by Premier Thamsanqa Ntuli. The operation was sparked by a tip-off that more than 80 undocumented truck drivers were employed there, undercutting local workers. Ntuli warned that employers hiring undocumented workers would be arrested as raids continue. At least 20 undocumented foreign nationals, believed to be truck drivers, were taken into custody on Friday morning as part of an unannounced operation at a Durban mining and logistics company. The company's owner has also been arrested, according to KwaZulu-Natal Premier Thamsanqa Ntuli, but he has not appeared in court yet and therefore cannot be identified. The premier led the operation, which took place after an anonymous tip-off that the company was employing more than 80 undocumented foreign nationals as truck drivers. 'We are here because there has been a cry from the local truck drivers that their opportunities are given to undocumented foreign nationals because they accept low salaries. Our informers told us that there are almost 85 undocumented foreign nationals who are driving trucks for this company alone. We were able to find some of them this morning,' Ntuli said. READ | Two more arrested as Hawks crack down on KZN passport syndicate He added that employers who hire undocumented foreigners must be held liable and face criminal charges because they know the law and should not employ people who do not have proper papers. 'They must be legal and within a certain category (scarce skills) before employment. No South African can go to another country without papers and be employed there. Unfortunately, our business leaders in the province employ these people. This seriously affects our economy and unemployment rate,' Ntuli said. On Thursday, Ntuli unveiled the Sibaya Coastal Precinct in Durban, a R6 billion investment that he says will create more than 70 000 jobs in five years. Ntuli assured investors they would ensure the fight against crime was heightened to attract more investors to the province. During the operation on Friday, Ntuli said: 'We need to protect our economy, and we need to protect our people. With this, we are sending a strong message to companies that are still not abiding by the law. I just decided to meet with factory owners and other businesses in the province to communicate a strong message. They must know that they will be arrested when they continue with this.' Ntuli said the operation was ongoing and that more unannounced visits could be expected to factories and companies around the province. On Wednesday, he said, the police had an operation in Hammarsdale, where more than 100 undocumented foreign nationals were arrested. On Thursday, during an operation in Chatsworth, more than 20 undocumented foreign nationals were also arrested, according to the premier. 'Those are huge numbers in the space of two days. You will find that some of them have criminal cases. Apart from going through the deportation process, they will have to face those criminal charges first,' he said. Ntuli added that the South African Bargaining Council would check whether locals working in the companies were being paid the minimum wage. In May, police raided a factory in KwaDukuza, just outside Durban, after a tip-off that a company was employing more than 300 undocumented foreign nationals as factory workers. The raid, which Ntuli also led, was also joined by provincial police commissioner Lieutenant General Nhlanhla Mkhwanazi and officials from the Departments of Labour and Home Affairs. During that raid, 179 foreign nationals were arrested, and 158 of them were found to be undocumented. Ntuli said officials were working with the Department of Home Affairs and the police to speed up the deportation process.

Yahoo

an hour ago

• Yahoo

New Hydrogen Models Launched by Major Automakers Fuel Market Growth

The Fuel Cell Vehicle Market is on a rapid growth trajectory, projected to expand from USD 4.1 billion in 2025 to USD 77.7 billion by 2034, driven by a CAGR of 38.6%. Key factors propelling this growth include advancements in hydrogen infrastructure, government incentives for clean energy vehicles, and a rising demand for long-range, zero-emission transport solutions. Major players like Toyota and Hyundai are boosting production, while technological innovations enhance FCV efficiency and reduce costs. The market faces challenges like hydrogen infrastructure investment, but emerging markets present lucrative opportunities. Fuel Cell Vehicle Market Dublin, June 20, 2025 (GLOBE NEWSWIRE) -- The "Freight Transport Management Market Outlook 2025-2034" has been added to offering. The Fuel Cell Vehicle (FCV) market is poised for substantial growth, with an estimated value of USD 4.1 billion in 2025 and a projected trajectory reaching USD 77.7 billion by 2034, driven by a CAGR of 38.6%. The FCV sector is integral to the global shift toward sustainable transportation, emphasizing the reduction of greenhouse gas emissions through the innovative use of hydrogen fuel technology. Fuel cell vehicles offer superior efficiency with extensive driving ranges and zero emissions, positioning them as essential in combating climate change and urban air pollution. As nations enforce stringent emissions regulations and incentivize eco-friendly transportation, the FCV market's expansion is gaining momentum. Key advancements, such as higher energy density, quick refueling, and improved durability, are bolstering industry and consumer interest in fuel cells. 2024 marks significant progress in FCV production and infrastructure, with leading automakers like Toyota, Hyundai, and Honda broadening their hydrogen-powered offerings. Meanwhile, strategic collaborations between hydrogen producers and infrastructure entities have led to increased hydrogen fueling stations, particularly in regions advancing green transportation, such as Japan, Europe, and California. Despite these gains, challenges remain, notably the scalability of hydrogen production and distribution infrastructure. Continued investment and industry collaboration are essential for overcoming these hurdles. Technological breakthroughs in hydrogen production, such as renewable energy-powered electrolysis, aim to make hydrogen more cost-effective and accessible. Key Insights Fuel Cell Vehicle Market: Technological advancements are enhancing fuel cell efficiency, making them attractive for mass deployment. Ongoing expansion of hydrogen refueling infrastructure improves accessibility for FCVs. Government incentives and emissions regulations are crucial drivers for adopting fuel cell vehicles. Increasing focus on hydrogen-powered commercial vehicles, aiding heavy-duty transport sector decarbonization. Development of green hydrogen is vital for ensuring environmental benefits and sustainability. High infrastructure costs remain a barrier; addressing these is essential for broader adoption. Key Attributes: Report Attribute Details No. of Pages 150 Forecast Period 2025 - 2034 Estimated Market Value (USD) in 2025 $4.1 Billion Forecasted Market Value (USD) by 2034 $77.7 Billion Compound Annual Growth Rate 38.6% Regions Covered Global Companies Featured DHL International GmbH Amazon Web Services Inc. CEVA Logistics Accenture PLC IBM Corporation Oracle Corporation DSV A/S SAP SE Union Pacific Corp. Cleveland-Cliffs Inc. Geodis SA DB Schenker Landstar System Inc. Korber AG Fusion Transport Universal Logistics Holdings Inc. Transportation Insight LLC SEKO Logistics Ltd. Covenant Manhattan Associates inc. Descartes Systems Group Inc. IBS Software JDA Software Group Inc. CTSI-Global HighJump Software LLC For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Fuel Cell Vehicle Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900

Yahoo

an hour ago

• Yahoo

This Japanese Hybrid Sedan Feels Like a Lexus – But Costs Half as Much

There are budget-friendly alternatives to expensive luxury cars. Hybrid engines improve efficiency without sacrificing power. Japanese hybrid sedans from Toyota and Lexus are very reliable and packed with technology. The idea of driving a luxury car is appealing. Whether it's the prestigious badges, robust build quality, or high-end materials that attract you to them, there's a lot to be desired. But going premium is costly, especially for hybrid cars. However, Toyota makes a reliable hybrid sedan that rivals the Lexus ES at a fraction of the price. While the Lexus ES hybrid is worth every penny, the Toyota Camry XSE has similar styling, a deluxe interior that could be transplanted into a more expensive vehicle without question, and it shares the same engine with a bit more power. It's a reliable hybrid sedan with premium perks that make going green a power move rather than a pricey compromise. For those on a tighter budget, the Toyota Corolla hybrid is a smart buy. It costs less than $25,000 new, is even more efficient, and retains its value well. There is a compromise in interior quality and equipment levels, but the Corolla is still a popular hybrid car with a seamless eCVT transmission. In order to give you the most up-to-date and accurate information possible, the data used to compile this article was sourced from Toyota and Lexus. For 2025, Toyota has improved the overall quality of the Camry. There are four grades to choose from, each with front- or all-wheel-drive configurations, starting from as low as $28,700 for the LE. Regardless of trim level, every Toyota Camry uses a 2.5-liter hybrid engine, whereas Lexus only begins to offer an electrified powertrain on the 300h and above. Selecting the hybrid brings the starting price of the Lexus ES up to $44,735. In this post, we'll be comparing the range-topping Toyota Camry XSE to the equivalent Lexus ES 300h Ultra Luxury. Both get an impressive number of features as standard, but the Camry edges ahead as the best value Japanese hybrid sedan. As mentioned earlier, Toyota discontinued combustion-only models of the Camry in favor of electrified powertrains. Now, this frugal sedan returns up to 44 MPG combined, which should reduce your gas bill. Despite using the same engine, the equally efficient Lexus drops 10 hp, which isn't a lot, but you might feel it when trying to overtake. That said, neither of these cars were built for performance. They're best enjoyed at a leisurely pace. If you swapped the Toyota badges on the Camry XSE for any premium logo, it would fit right in. A pointed nose, sleek LED lights and a mesh front grille with sculpted air vents give it a chiseled jawline. Strong shoulder lines and 19-inch Smoke Gray alloys add muscle to the side profile, and this continues to the rear through a sports diffuser, black spoiler, racing-inspired air curtains, and dual chrome exhaust tips. Toyota is adding a nightshade edition for 2026, which will make the Camry even more aggressive. Between all-over paint jobs and contrast roof designs, there's a palette of eleven colors available to choose from. Other features you'd normally find on more expensive cars include keyless entry, acoustic noise-reducing glass in the front windshield and front side windows, and heated wing mirrors. Inside, the Camry XSE looks and feels expensive. A leather-trimmed shift knob matches the heated seats and steering wheel, which is complete with sporty paddle shifters. Though there's slightly less legroom compared to the Lexus ES, the Toyota has more headroom, and a white LED ambient light gently illuminates the otherwise dark cabin. Most of these are specific to the XSE trim, with the others getting a fabric interior. It also gets a 12.3-inch digital instrument cluster over the LCD in the ES, and a 12.3-inch touchscreen with wireless Apple CarPlay and Android Auto integration for infotainment. Using wireless smartphone connections can drain the phone's battery, so there's a wireless charging pad for topping up. Smart Key System Push Button Start Electric Parking Brake with Auto-hold 12.3-inch digital gauge cluster Dual-zone Automatic Climate Controls Both the Camry and ES spare no expense in terms of safety and reliability. They get a comprehensive suite of advanced driver assistance systems through Toyota Safety Sense 3.0 or similar Lexus Safety System+ 3.0. These standard packages feature useful convenience functions, such as dynamic radar cruise control, as well as critical preventative measures like lane departure alert with steering assist, pre-collision assist with pedestrian detection, and proactive driving assist. The Toyota Camry is still one of the most reliable cars you can buy today. On top of that, these Japanese sedans score highly on J.D. Power for quality and reliability. This time, the Lexus takes the lead at 88/100, but the Toyota isn't far behind at 86. In spite of that, the Toyota Camry is still one of the most reliable cars you can buy today, keeping total ownership costs low. Toyota covers the Camry with a comprehensive warranty of up to three years or 36,000 miles and a powertrain warranty of up to five years or 60,000 miles. Both of these are one year shy of Lexus' cover, and the cover for hybrid-related components is for up to 8 years or 100,000 miles compared to 10 years or 150,000 miles. However, both manufacturers provide a 10-year or 150,000-mile warranty for the hybrid battery itself, with Toyota being more generous by gifting new car buyers complimentary servicing of up to two years or 25,000 miles over just one year from Lexus. Plus, you get 24/7 roadside assistance for complete peace of mind.