Tag - toyota

 
 

TOYOTA

Toyota workers at the Motomachi plant in the city of Toyota, Aichi Prefecture, on Aug. 30 as it restarted production
BUSINESS
Sep 6, 2023
Toyota says production halt caused by server malfunctions
The glitch temporarily shut down all 14 of the group's assembly plants across Japan in late August.
A Toyota factory in Toyota, Aichi Prefecture, in 2015. A computer system processing orders for vehicle parts for the company broke down Tuesday, forcing the closure of 14 assembly plants in Japan.
BUSINESS / EXPLAINER
Aug 30, 2023
What happened to shut down Toyota's production in Japan?
Disruption shut down a system at the core of Toyota's lean manufacturing process.
Toyota's sales in China fell in July amid intense competition with local brands.
BUSINESS / Companies
Aug 30, 2023
Toyota output hits monthly record for July on robust demand
Worldwide sales, including for subsidiaries Daihatsu and Hino, rose 5.2% to 918,345 units.
An efficient, just-in-time strategy for manufacturing made Toyota’s production system famous.
COMMENTARY / Japan
Aug 30, 2023
Toyota shuts factories, investors shrug. That’s resilience.
An efficient, just-in-time strategy for manufacturing made Toyota’s production system famous.
Toyota workers walk to the Motomachi plant in the city of Toyota, Aichi Prefecture, on Wednesday morning.
BUSINESS / Companies
Aug 30, 2023
Toyota resumes vehicle production in Japan after system glitch
Toyota resumed the operations of 25 vehicle production lines at 12 of its 14 plants in Japan on Wednesday morning, after halting operations a day earlier.
Toyota Motor has suspended operations at a dozen factories in Japan due to a system failure.
BUSINESS / Companies
Aug 29, 2023
Toyota set to resume operations after glitch halts production
Tuesday's halt raised concerns that the stoppage could be due to a cyberattack, though the company said that was unlikely.
A 2023 Toyota Prius. Hybrids have accounted for less than 10% of total U.S. sales, with Toyota’s long-running Prius among the most popular models.
BUSINESS
Aug 28, 2023
Gas-electric hybrids get boost in the U.S. from Ford and others
Ford is the latest of several top automakers planning to build and sell hundreds of thousands of hybrid vehicles in the U.S. over the next five years.
A worker cleans a Toyota Electric Vehicle bZ4X on display during the Gaikindo Indonesia International Auto Show in Tangerang, near Jakarta, Indonesia, last week.
BUSINESS / Companies
Aug 17, 2023
Japan automakers race to catch up with global EV competitors
There is a sense of crisis over a possible decline of Japan's auto industry if U.S., European and Chinese automakers continue to dominate the EV market.
Honda's electric vehicle e:NP2 is displayed at the Auto Shanghai show, in Shanghai in April. The recent weakening of the yen couldn't come at a better time for Japanese automakers, which are struggling in the Chinese market.
BUSINESS / Economy
Aug 14, 2023
Weak yen gives Japan automakers temporary relief from China pain
A weak yen has traditionally lifted profits for Japan's big exporters
In a recent Kyodo News survey of 114 companies, including Toyota Motor and the Uniqlo clothing chain operator Fast Retailing, 82% said they project economic expansion, up from 55% the previous summer.
BUSINESS / Economy
Aug 13, 2023
Over 80% of Japan firms forecast economic growth as COVID-19 curbs removed
The survey results show optimism over Japan's economy even as firms grapple with rising material costs, with 94% of those forecasting an expansion.
Simon Humphries, head of design at Toyota, speaks during the world premier of the new Land Cruiser in Tokyo on Wednesday.
BUSINESS
Aug 2, 2023
Toyota’s iconic Land Cruiser returns to North America
The world’s biggest carmaker has unveiled three variations of one of its most enduring models, starting at around $50,000.
Toyota Motor Corp.’s quarterly profit exceeded estimates as improvements in the supply of semiconductors and a cheap yen helped the carmaker capitalize on a global rebound in demand for new vehicles.
BUSINESS / Companies
Aug 1, 2023
Toyota profit tops estimates, sticks to full-year forecasts
A post-pandemic surge allowed the automaker to boost production and sell a record number of vehicles in June.
The Toyota group ranked top in global vehicle sales in the first half of 2023, retaining the top spot for the fourth straight year on a first-half basis.
BUSINESS
Jul 28, 2023
Toyota to be top auto seller in January-June period for fourth year
Toyota said it sold 5.42 million vehicles globally in the six months that ended in June, including those sold by the group's minivehicle maker Daihatsu and truck manufacturer Hino.
An artist's conception of a manned lunar rover using regenerative fuel cell technology
BUSINESS / Companies
Jul 22, 2023
Toyota eyes lunar rover powered by regenerative fuel-cell tech
Toyota has teamed up with JAXA since 2019 to develop the manned lunar rover — which it dubbed the Lunar Cruiser — that they hope can be put on the moon in 2029.
Japan Times
BUSINESS
Jul 14, 2023
Japanese automakers beef up all-solid-state battery development
With all-solid-state batteries considered to vastly improve the performance of electric vehicles, the government has begun providing financial assistance in the field.
Japan Times
JAPAN / FOCUS
Jul 13, 2023
No longer a 'catastrophe,' Japan's cybersecurity could still improve
Many firms use outdated technology and systems that are not as secure but are hesitant to replace them.
Japan Times
BUSINESS / Tech
Jul 12, 2023
Slow-selling EVs are the U.S. auto industry's new headache
More than 90 new EV models are expected to hit the U.S. market through 2026, according to AutoForecast Solutions. Many will struggle to reach profitable sales volumes, analysts said.
Japan Times
BUSINESS
Jul 7, 2023
Toyota taps U.S. ESG bond market to fund electric-car push
Operating margins may rise just as peers face pressure from the launch of new EVs, additional competition from Chinese manufacturers and pricing tactics from Tesla.
Japan Times
JAPAN
Jul 6, 2023
Port of Nagoya resumes operations later than planned after Russian hack
The port, which handles some of Toyota’s exports and imports, has been at a standstill since Tuesday afternoon, when Nagoya United Terminal System was infected with ransomware.
Japan Times
JAPAN
Jul 5, 2023
Pro-Russian hackers target Port of Nagoya, disrupting loading of Toyota parts
The group, LockBit 3.0, has made a ransom demand in exchange for the system's recovery, Nagoya Harbor Transportation Association said.

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