Tokyo - Japan's largest carmaker Toyota Motor Corporation said Tuesday it will recall more than 176 000 passenger cars sold domestically due to defective brake parts and reported 470,000 cars shipped overseas have a similar problem.

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Sales of cars and other vehicles including motorcycles touched 44,747 mark in August registering an increase of 41.60 percent compared to same month last year on the back of rising demand and production.

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The Central Board of Revenue (CBR) last month enhanced the depreciation on used cars up to 50 to 80 percent from 800cc to 1800cc cars under the transfer of residence and gift scheme.

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  ABN AMRO BANK

ABN AMRO is a prominent international bank, its history going back to 1824. ABN AMRO ranks 11th in Europe and 23rd in the world based on tier 1 capital, with over 3,000 branches in more than 60 countries, a staff of about 110,000 full-time equivalents and total assets of EUR 639.9 billion (as at 31 March 2004).

The goal of ABN AMRO is to create value for its clients. Key in our relationship approach is a constant focus on the financial services needs of our client segments. It is through the professionalism and motivation of our global staff that we realize this value, resulting in maximum economic value for our shareholders.

We are active in three principal customer segments: Consumer & Commercial Clients, Wholesale Clients and Private Clients & Asset Management. The objective is to maximize the value of each of these businesses as well as the synergies between them. Excellence of service to our clients and leadership in our chosen markets are of paramount importance to our long-term success.

The ABN AMRO Corporate Values and Business Principles provide the framework within which we carry out our operations.

 

 

 
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