Tag - toyota

 
 

TOYOTA

Hyundai's Thierry Neuville and co-driver Martijn Wydaeghe compete during an event in Finland last year.
MORE SPORTS
Nov 21, 2024
'Sport will have the last word' as World Rally title goes down to the wire in Japan
The only certainty about this year's World Rally Championship is that a Hyundai driver will take the title.
A Toyota Motor Lexus LF-ZC electric concept vehicle at the Beijing Auto Show in April
BUSINESS
Nov 11, 2024
Toyota aims to ramp up China production in a strategy pivot
The plan represents a strategic pivot by the world's top selling automaker in the world's largest car market.
Toyota North America COO Jack Hollis said sales of all-electric vehicle should grow organically, without rules penalizing gas-powered car sales.
BUSINESS / Companies
Nov 11, 2024
Toyota executive lashes out at U.S. regulations promoting EV sales
The carmaker's North America COO, Jack Hollis, described them as "de facto mandates” out of sync with consumer demand.
A Toyota Motor car dealership in Mexico City in 2017
BUSINESS / Companies
Nov 10, 2024
Toyota to invest $1.45 billion in Mexico
The automaker will spend the money on production of next-generation models, including a hybrid version of the Tacoma pickup truck.
Toyota posted its first quarterly profit drop in two years, as slowing sales and production volume stalled the world's top-selling automaker's recent record run.
BUSINESS / Companies
Nov 6, 2024
Toyota keeps profit outlook despite weakness in Japan and China
The carmaker showed signs of recovery from domestic scandals in Japan and major recalls in the United States.
Toyota is expected to report a 14% year-on-year operating profit decline in July-September, to ¥1.2 trillion ($7.9 billion), according to an average estimate by analysts.
BUSINESS / Companies
Nov 5, 2024
Toyota to post first profit drop in 2 years as demand cools after big run
Toyota is expected to report a 14% year-on-year operating profit decline in July-September, to ¥1.2 trillion ($7.9 billion), according to an average estimate by analysts.
Republican Presidential Nominee Donald Trump
BUSINESS / Markets
Oct 31, 2024
Trump factor bringing uncertainty to Asian firms' U.S. investment outlook
The former president has criticized the Inflation Reduction Act as a "scam” and the CHIPS and Science Act as a bad deal.
Maruti Suzuki, which is majority-owned by Suzuki Motor, will begin production of a new EV from spring 2025 at its plant in the western Indian state of Gujarat.
BUSINESS / Companies
Oct 30, 2024
Toyota to get Suzuki's first-ever EV as partnership expands
Maruti Suzuki, which is majority-owned by Suzuki, will begin production of the EV from spring 2025 in Gujarat, India.
Toyota's worldwide production fell for an eighth straight month in September, as both sales and output declined in its two biggest markets, the United States and China.
BUSINESS / Companies
Oct 30, 2024
Toyota sales fall in Japan and China, as hybrid demand grows in U.S.
Toyota’s sales in Japan shrank nearly 17% this year between January and September.
Toyota Motor and Nippon Telegraph and Telephone will spend ¥500 billion together on a project to develop the traffic accident prevention technology, and aim to commercialize it in 2028.
BUSINESS / Companies
Oct 29, 2024
Toyota and NTT to jointly develop driver assistance technology that uses AI
The ¥500 billion project will use artificial inteligence and optical communication infrastructure, aiming to commercialize by 2028.
A battery charge technology display at the Engie pavilion at the Paris Motor Show on Tuesday. Japan's EV market share remains significantly lower than in other countries, with only 2.2% of cars sold being battery EVs, compared to 18% in France and 25% in China.
COMMENTARY / Japan
Oct 18, 2024
Japan hopes electric cars are just a bad dream
Automakers face many setbacks in electrification, but Japan uniquely argues that the shift is not only logistically challenging but fundamentally misconceived.
Toyota Research Institute and Boston Dynamics are set to conduct research on use cases for AI-trained robots in areas such as human-robot interaction.
BUSINESS / Companies
Oct 17, 2024
Toyota joins with Hyundai's Boston Dynamics on AI-powered robots
Toyota has said it has made a breakthrough with artificial intelligence in teaching robots to learn.
Scotland's Richie Gray during a Rugby World Cup 2023 clash against South Africa in Marseille, France, in September 2023.
MORE SPORTS / Rugby
Oct 15, 2024
Scotland lock Gray signs for Toyota Verblitz
The 35-year-old lock has been capped 79 times for his country and featured on the British and Irish Lions tour of Australia in 2013.
A Haas F1 car branded with Toyota Gazoo Racing on Friday at Fuji Speedway in Shizuoka Prefecture
MORE SPORTS / Auto Racing
Oct 12, 2024
Toyota returns to F1 with Haas technical partnership
Toyota Gazoo Racing will become Haas' official technical partner with both parties sharing expertise, knowledge and resources.
Toyota is delaying the start of production for its first U.S.-made electric vehicle until 2026.
BUSINESS / Companies
Oct 3, 2024
Toyota pushes production of first U.S.-made electric vehicle into 2026
The Japanese carmaker initially targeted late next year to begin output, but a company spokesperson said that has slipped by a few months into 2026.
Shareholder support for Toyota Chairman Akio Toyoda slid after government probes uncovered fraudulent vehicle certifications at Toyota and its group companies.
BUSINESS / Companies
Sep 30, 2024
Opposition to Toyota’s chairman spreads among big shareholders
Akio Toyoda, the grandson of the company’s founder, saw shareholder support drop to 85% last year, a record low at the time, and then a further decline to 72% in June.
Toyota is recalling over 42,000 U.S. vehicles over loss of power brake assist that can extend the distance required to stop.
BUSINESS / Companies
Sep 27, 2024
Toyota to recall over 42,000 U.S. vehicles over loss of power brake assist
The recall affects certain 2023-2024 Corolla Cross Hybrid vehicles.
Toyota Chairman Akio Toyoda
BUSINESS / Companies
Sep 27, 2024
Toyota ends sponsorship with 'political' Olympics
The withdrawal means Olympics logos currently carried by Toyota products will be phased out, and its vehicles will no longer be provided to assist with the event.
A Toyota Rav-4 Prime charges at an electric vehicle charging station in New York on Sept. 3. Toyota's sales fell again in August after declines in Japan and China put an end to a short-lived recovery.
BUSINESS / Companies
Sep 27, 2024
Toyota production falls on vehicle safety scandals and U.S. recalls
Global output, including that of subsidiaries Daihatsu Motor and Hino Motors, dropped in August by 12.6% from a year earlier
Toyota added ¥200 billion to a ¥1 trillion stock repurchase plan announced in May, according to an exchange filing Tuesday.
BUSINESS / Companies
Sep 24, 2024
Toyota raises buyback to ¥1.2 trillion, citing share levels
The carmaker’s operating profit for the three months ended June 30 was ¥1.31 trillion, 17% higher than a year earlier.

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