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Toyota Motor Corp. is counting on a new Land Cruiser, the smallest in its lineup, to defend its foothold in Asia as China’s automakers rapidly expand across the region.
Toyota Motor Corp.’s car sales fell again last month due to a prolonged slump in China. In China, legacy brands are grappling with mounting competition from fast-moving local electric-vehicle makers.
Toyota Motor Corp. and other Japanese carmakers risk taking a hit to their bottom lines after the yen strengthened to its highest level in more than six months.
Toyota Motor Corp. is considering using hydrogen to power trucks that ship auto parts as alternative fuels gain favor after the Iran war pushed up gasoline prices and strained supplies.
Toyota Motor Corp.’s car sales fell for a sixth straight month as rising gasoline prices weighed on demand for non-electric vehicles in China.
Hyundai Motor Co. Chief Executive Officer José Muñoz has unveiled the biggest product push in the automaker’s history, announcing more than 100 model launches and refreshes to challenge Toyota Motor Corp. in the hot US hybrid market and defend against low-cost Chinese rivals in the rest of the world.
Tokio Marine Holdings Inc., the Japanese insurer in which Berkshire Hathaway Inc. recently took a stake, is close to finalizing an acquisition target after reviewing Australian and Canadian firms, the Financial Times reported.
Hiroshi Okuda, who served as president and then chairman of Toyota Motor Corp. in the late 1990s and early 2000s, has died, according to Japan’s Kyodo News wire. He was 93.
Toyota has raised its full-year net profit forecast following a remarkable 75.6% increase in net income for the first quarter. The company's performance has been bolstered by favorable currency conditions, particularly a weak yen.
Toyota's quarterly profit nearly doubled to $2.2 billion, aided by a weak yen, even as vehicle sales dipped. The company has raised its full-year net profit forecast, although it still anticipates a decline in overall profit for the year.
Toyota, the world’s biggest carmaker, plans to initiate a $6.3 billion share buyback. The company expects to sell more than 5 million hybrid electric vehicles this year.
The yen’s slide to a 40-year low may be causing headaches for Japanese policymakers, but exporters such as Toyota Motor Corp. are set to reap an earnings boon, offering a much-needed respite from US tariffs, surging oil prices and strained supply chains.
Toyota car plants, Thai Airways cargo hit by Thailand floods
Toyota August sales, production fall for second straight month
Toyota estimates factory automation could cost $6.4 billion per year from 2028
Toyota revamp hints of wider industry shake-up in China
Uber says it can replace car ownership. My used Toyota Yaris proved its point.
Buying a used Toyota may not be the bargain you think it is anymore
Toyota's hybrid RAV4 is in demand as dealers wait for more supply
Toyota and Honda may get stuck with the bill for Trump's Canada tariffs
Toyota sales, production fall on sharp declines in China, Middle East
GM Ruled U.S. Auto Sales for 100 Years. Now Toyota Is Closing In.
Toyota recalls 655K Camrys worldwide over safety defect
Toyota recalls 655K Camrys globally over display defect that can knock out safety indicators
Toyota to recall over 508,000 US vehicles over instrument cluster display issues
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