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March 29, 2025
 

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TOYOTA

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.
Catherine O’Connell has achieved a number of notable firsts in Japan.
BUSINESS / Companies
Sep 24, 2024
Pioneering foreign female attorney stresses pragmatism within Japan Inc.
Catherine O’Connell was the first foreign woman to establish a law practice in Tokyo and to sit on the audit and supervisory boards at Toyota Motor and Fujitsu.
Toyota Gazoo Racing fans cheer on the team at the start of the 6 Hours of Fuji race on Sunday at Fuji Speedway in Oyama, Shizuoka Prefecture.
MORE SPORTS / Auto Racing
Sep 20, 2024
For Toyota and its rivals, WEC becomes important arena amid major industry shift
Carmakers' involvement in endurance racing has taken on a new level of importance as the auto industry faces a once-a-generation sea change.
As team principal, Kamui Kobayashi's role with Toyota Gazoo Racing goes far beyond his performance behind the wheel.
MORE SPORTS / Auto Racing
Sep 15, 2024
Kamui Kobayashi still driven by passion after long career in driver’s seat
Despite turning 38 on Friday, Kobayashi is not ready to pump the brakes on his auto racing career. 
Panasonic has supported the Olympic Games with its technologies, product and services, such as the Technics turn-tables at the breaking event in Paris last month.
BUSINESS / Companies
Sep 10, 2024
Panasonic ends 37-year contract as top Olympics sponsor
The Osaka-based company first became an official partner of the Olympic Games in 1987 and expanded its partnership to the Paralympics from 2014.
Japan considers all possible options as Trump threatens new auto tariffs
Subaru cars awaiting export at a port in Yokohama on Thursday.
Massive quake kills at least 150 in Myanmar and Thailand
Medical workers treat a earthquake survivor on a bed in the compound of a hospital in Naypyitaw on Friday, after an earthquake in central Myanmar.
Student suicides in Japan hit all-time high
A volunteer handles an incoming call at the Tokyo Befrienders call center, a suicide hotline center in Japan's capital.
Tourist submarine sinks in Red Sea of Egypt, leaving 6 people dead
The interior of a Sindbad submarine vessel at sea off Hurghada, Egypt, in August 2024, in this still image obtained from video.
Yellow sand blankets cities across Japan
The Meteorological Agency forecast the yellow sand to move away from eastern Honshu by 6 p.m. on Wednesday. But it will continue to cover parts of western Honshu and Shikoku until Thursday morning, it said.
Recent spate of wildfires in Japan and South Korea linked to climate change
Smoke and flames rise from a wildfire in Andong, South Korea, on Tuesday.
Hanami season to have record ¥1.39 trillion economic impact on Japan
Cherry blossoms along a road in Tokyo on Tuesday. The 2025 cherry blossom season is expected to have an economic impact of around ¥1.39 trillion on Japan.
Tokyo Series proves to be big business for MLB — and Japanese companies
An advertisement featuring Shohei Ohtani in Tokyo.
New SDF command will be key for contingency planning, Australian commander says
A Maritime Self-Defense Force SH-60K "Super Auk" from JS Shiranui prepares to land on HMAS Brisbane during Exercise Malabar 2023 while off the coast of New South Wales, Australia.
Japanese wages likely to rise more than 5% again this year
Wages are set for another big increase this year as annual negotiations secure generous agreements.

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