Tag: $Toyota

Toyota shares hit 16-month high as shareholders endorse board, new EV strategy

Toyota shares soared to a 16-month high Wednesday after shareholders of the world’s largest car manufacturer voted to retain Akio Toyoda as its chairman in a broad endorsement of the company’s governance and new electric vehicle strategy.

Toyota shares surge 5% after announcing plans for next-gen battery EVs

Shares of Japanese automaker Toyota spiked 5% Tuesday after the company announced it will introduce a full lineup of battery electric vehicles with “next generation” batteries from 2026

Toyota’s global sales rise thanks to stronger demand in Japan, China

Toyota Motor Corp’s global sales rose by nearly 5% in April from a year earlier, boosted by stronger demand for hybrids and gasoline-powered cars in Japan and China.

Toyota targets 10% profit jump, robust EV sales as chip woes recede

Toyota Motor Corp on Wednesday said it expects operating profit to climb 10% this business year, with a five-fold jump in pure electric vehicle (EV) sales amid an easing in global supply chain disruption from a shortage of chips.