Toyota has already ended production of the old model. The company supplies more than 90 per cent of Hong Kong taxis. Around 10 hybrids were launched recently, after four ­began trials last year.

Red Toyota Crown Comforts taxis are a common sight on the streets of Hong Kong and many residents would not spare them a second glance. But for Joe Wu, who was born in Hong Kong but moved to ...

Hong Kong's newest bubble: red taxis. Home prices in the former British colony have more than doubled since the start of 2009 because of near-record low mortgage rates and an influx of Chinese buyers.

But Hong Kong taxi companies’ adoption of electric vehicles, as well as hybrids, soon to be in a trial stage, could be a first step in creating awareness about these types of cars, analysts say ...

Local media and Nissan report that early 2015 will see the NV200 wearing the Hong Kong taxi red and ... Though it won’t kill the Nissan Cedric and Toyota Crown taxis currently used in Hong ...

HONG KONG — Allan Shek, the owner of a Hong Kong shop selling gold and jade jewelry, says he’s made millions on the side by riding wild swings in the stock market and by buying into the city ...

Gold Coast resident Sampson Wong imported a rare model from Japan, transforming it to remind him of Hong Kong. (Supplied). Toyota Crowns are legends in the Asian taxi scene, and for good reason.

The Hong Kong version of the Transit Connect will run on liquefied petroleum gas fuel system, ... In Crown Vic's absence, lots of taxi fleets have started buying Toyota Prius hybrids instead.

These five operators, which were issued licenses last July, comprise of 300 to 1,000 taxis each, providing a total of over 3,500 vehicles and making up approximately 20 percent of cabs in Hong Kong.