Toyota

Japan’s Toyota said Thursday its net profit for the third quarter fell eight percent, but it left its full-year forecasts unchanged as the cheaper yen offsets the impact of soaring materials prices. The world’s top-selling carmaker,...

Toyota on Thursday named Koji Sato as its new president, CEO, and operating officer, replacing third-generation chief executive Akio Toyoda — who will become board chairman. The Japanese car giant said the changes to its executive...

General Motors Co on Wednesday posted a 2.5% rise in U.S. new vehicle sales in 2022, outselling Japan’s Toyota Motor Corp, aided by an easing of inventory shortages and strong demand for its cars and trucks....

Toyota Motor Corp reported on Monday a 1.5% rise in November global vehicle output, reaching a new record of 833,104. Domestic production slid 3.3% to 266,174 vehicles, while overseas output rose 3.8% to an all-time high...

Japan’s Toyota Motor Corp said on Friday that it had decided to end vehicle production in Russia due to the interruption in supplies of key materials and parts. Toyota had suspended production in St Petersburg in...

Toyota Motor Corp said on Thursday it plans to produce about 800,000 vehicles worldwide in October, about 100,000 short of its average monthly production plan, due to semiconductor shortages. The reduction could be seen as a...

Japan’s Toyota Motor Corp’s truck and bus unit Hino Motors will halt production of some medium and heavy-duty trucks for at least another year after a widespread data falsification scandal, Nikkei Asia reported on Sunday. The...

Toyota Motor Corp will boost its planned investment in a new U.S. battery plant from $1.29 billion to $3.8 billion, partly in response to rising consumer demand for electric vehicles, the company said on Wednesday. Battery...

China’s efforts to curb its largest COVID-19 outbreak in two years has forced Apple suppliers such as Foxconn to automakers Toyota and Volkswagen to suspend some operations, raising concerns over supply chain disruptions. Multiple Chinese provinces...

Japanese automaker Toyota Motor Corp is planning to launch its own operating system, which would be capable of handling advanced operations such as autonomous driving, for its vehicles by 2025, Nikkei reported on Monday. Software is...