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March 31, 2025
 

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TOYOTA

Toshihiro Mibe, president and chief executive officer of Honda at the Japan Mobility Show, in Tokyo in October
BUSINESS / Companies
Nov 12, 2023
Booming profits bolster Japan automakers’ cautious EV shift
The Japanese auto sector is on track this year to exceed its peak operating profit of around ¥5.4 trillion in fiscal 2015.
While Toyota has avoided the kind of hit other Japanese automakers have taken in China from a shift to electric vehicles and the rise of domestic brands, it still faces pressure in the world's biggest auto market.
BUSINESS / Companies
Nov 7, 2023
Toyota extends output cut at Chinese JV to ease dealer pressure
The automaker has told dealers that it will extend a plan to reduce output at one of its joint ventures in China, where it faces rising competition.
NTT plans to test driverless vehicle technology with Toyota and invest in a U.S. startup.
BUSINESS / Companies
Nov 7, 2023
NTT to test driverless tech with Toyota and invest in U.S. startup
NTT aims to start tests with autonomous buses and taxis as early as 2025 and invest about ¥10 billion ($66.91 million) in U.S. startup May Mobility.
Nippon Steel has dropped lawsuits against Toyota and Mitsui & Co. over electrical steel sheet patents.
BUSINESS / Companies
Nov 3, 2023
Nippon Steel drops patent lawsuits against Toyota and Mitsui
Having two of Japan's manufacturing giants locked in a rare court battle signified the high stakes involved in materials production.
Toyota President Koji Sato speaks next to an FT-3e electric vehicle at the Japan Mobility Show in Tokyo on Oct. 25.
BUSINESS / Companies
Nov 1, 2023
Toyota raises profit forecast 50% on weak yen, record sales
With an unprecedented 5.6 million vehicles sold in April-September, Toyota is on track for its 11.4 million-unit goal.
The interior of a Toyota Global HiAce electric vehicle concept on display during the Japan Mobility Show in Tokyo on Oct. 26
BUSINESS / Companies
Nov 1, 2023
Toyota to invest $8 billion more in U.S. battery plant for EVs
The auto giant has quietly laid the groundwork for a more robust EV strategy in the U.S. even as sales of its hybrid gas-electric models are surging.
Toyota’s gigacast rear component. The company plans to employ the gigacasting technology in making electric vehicles.
BUSINESS / Companies
Oct 30, 2023
Tesla’s latest disruption in carmaking draws followers in Japan
Carmakers in Japan are starting to embrace gigacasting as they seek to make up for lost ground in the shift to EVs.
Many of Japan’s largest businesses are exporters that benefit from a weaker yen.
BUSINESS / Companies
Oct 30, 2023
Japan’s biggest firms set for $9.3 billion bonanza from weak yen
Many of Japan’s largest businesses are exporters that benefit from a weaker yen.
Toyota has suspended operations at six domestic plants following a blast at a factory run by one of its component suppliers.
BUSINESS / Companies
Oct 17, 2023
Toyota halts six auto plants after explosion at parts supplier
The explosion occurred Monday at Chuo Spring’s factory in Aichi Prefecture, where vehicle suspension coils are made.
Toyota Motor and Idemitsu Kosan are teaming up to develop and mass-produce all-solid-state batteries for electric vehicles, the companies said on Thursday.
BUSINESS / Companies
Oct 12, 2023
Toyota and Idemitsu to mass-produce all-solid-state batteries
Idemitsu and Toyota said in a statement they would aim to commercialize the next-generation batteries in 2027-28, followed by full-scale mass production.
Secondhand Toyota cars on sale in Moscow in July 2016
BUSINESS / Companies
Oct 3, 2023
Japan puts the brakes on lucrative used-car trade with Russia
While wiping out Russia's biggest source of used cars, sanctions have driven down prices for secondhand cars in Japan.
Toyota's global sales and production for August hit record highs.
BUSINESS / Companies
Sep 29, 2023
Toyota's global sales and output hit record high in August
Global production rose 4% to a record 924,509 vehicles, including subsidiaries Daihatsu Motor and Hino Motors, the Japanese carmaker said Thursday.
Self-propelled electric vehicles move through the factory floor during a demonstration of its new assembly line technology at Toyota's Motomachi plant in the city of Toyota, Aichi Prefecture, on Sept. 13.
BUSINESS / Companies
Sep 20, 2023
Toyota keeps up the push to prove it can embrace new technology
The carmaker was eager to show that it wasn’t about to sit idle as the global auto industry shifts toward electrification and automation.
Rachel Culin, a disenchanted Toyota owner, standing between her Toyota Prius and new Chevy Bolt at her home in Mesa, Arizona. The world’s largest carmaker dominates the sales of hybrid cars but has been slow to sell all-electric vehicles, alienating some customers and hurting sales.
BUSINESS / Companies
Sep 8, 2023
Toyota, a hybrid pioneer, struggles to master electric vehicles
The world’s largest carmaker dominates the sales of hybrid cars but has been slow to sell EVs, alienating some customers and hurting sales.
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.
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.
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 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.
Japan's biggest beef bowl chain Sukiya to shut nearly 2,000 stores after rat and bug contamination
Zensho Holdings, operator of fast-food chain Sukiya, said it will close all of its stores in Japan, except for a small number in shopping centers, between Monday and Friday following recent contamination incidents.
School-age 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.
Japan considers all possible options as Trump threatens new auto tariffs
Subaru cars awaiting export at a port in Yokohama on Thursday.
In Tokyo, Pentagon chief provides assurances that Japan-U.S. alliance remains robust
Defense Minister Gen Nakatani (left) and U.S. Secretary of Defense Pete Hegseth review an honor guard during a welcome ceremony at the Defense Ministry in Tokyo ahead of their talks Sunday.
Japan, South Korea and China vow to strengthen trade ties amid looming U.S. tariffs
Economy, Trade and Industry Minister Yoji Muto (left), South Korean Trade Industry and Energy Minister Ahn Duk-geun (center) and Chinese Commerce Minister Wang Wentao during a trilateral meeting in Seoul on Sunday
A Canadian made a weekend trip to Costco a Japanese pastime
Under the watchful eye of Ken Theriault, Costco representative director and Japan country manager, the American membership-model wholesaler has flourished in Japan.
Tokyo tech failures lean into misfortune, mistakes and missteps
Tsuyoshi Domoto in Tokyo's Shinjuku Ward on March 28. As an entrepreneur, Domoto experienced plenty of setbacks but maintains a positive attitude and continues to pursue his dreams.
Who among the opposition would join the ruling coalition?
Prime Minister Shigeru Ishiba enters his office in Tokyo on Friday.
Traveling the Three-Star Road, the tourist route made from thin air
Scenes like this snow-covered bridge leading to the village of Shirakawa-go are what make the Three-Star Road worth traveling — its name notwithstanding.
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.

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By Johan Brooks

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