Tag: $Toyota

Toyota Motor on Monday announced that it is investing $3.6 billion to move production of the Tacoma midsize pickup truck from a plant in Mexico to its San Antonio, Texas, manufacturing campus.

Volkswagen (VOWG) reclaimed car sales dominance in China, the world’s largest auto market, in the first two months of 2026 when Toyota (7203) ​also regained ground, both overtaking local electric vehicle champion BYD (2594), ‌amid fading subsidies for greener cars.

Japan’s top automaker Toyota reported a 43% drop in quarterly profit Friday and announced Chief Financial Officer Kenta Kon will become its new chief executive and president.

Elliott Investment Management has lifted its stake in Toyota Industries (6201.T), to 5.01%, further increasing pressure on automotive giant Toyota Motor (7203.T), which plans to buy out the forklift manufacturer, a key group firm.

Toyota Motor on Wednesday raised the operating profit forecast for its financial year ending in March, while flagging a 1.45 trillion yen hit from U.S. tariffs.

Toyota Motor (7203.T), will take forklift-maker Toyota Industries (6201.T), private in a $33 billion deal, the companies said on Tuesday, a landmark unwinding of cross-shareholding that is likely to strengthen the influence of the group’s founding Toyoda family.

Toyota Motor forecast a 21% profit decline for the current financial year Thursday, as the strain from U.S. President Donald Trump’s tariffs and an appreciating yen take some of the shine off strong hybrid demand.

Toyota (7203.T), aims to have about 15 electric vehicle models developed on its own by 2027 and is targeting production of about 1 million cars a year by then, the Nikkei newspaper said on Sunday.

Toyota Motor raised its annual earnings guidance after posting higher third-quarter net profit and said it will establish an electric-vehicle unit in China, seeking to shore up its operations in the world’s largest auto market. The Japanese carmaker said Wednesday that net profit climbed from a year earlier for the three months ended December, beating analysts’ estimates, as revenue grew.

Toyota Motor unit Hino Motors has agreed to a $1.6 billion settlement with US agencies and will plead guilty over excess diesel engine emissions in more than 105,000 US vehicles, the company and US government said on Wednesday.

Japanese automaker Toyota Motor on Wednesday reported its first quarterly operating profit drop in about two years, as it strives to navigate the market shift toward electric vehicles.

Toyota Motor on Tuesday increased its share buyback plan through April 30 to up to 1.2 trillion yen ($8.31 billion) from 1 trillion yen in view of the latest share price.

Toyota Motor forecast a 20% profit decline in the current financial year on Wednesday, citing looming investment in both its suppliers and strategy after it delivered blockbuster fourth-quarter earnings.

Japan’s Toyota Motor raised its full-year operating profit forecast by nearly 9% on Tuesday, after its third-quarter earnings raced past analysts’ estimates thanks to a weaker yen and strong sales of high-margin cars and hybrid vehicles.

Global production for Toyota, the world’s biggest carmaker by sales, has reached an all-time annual high with one month left of 2023, in a vindication of a strategy often criticised for not putting enough emphasis on selling pure electric vehicles.

The sharp fall came after Toyota announced a recall of about a million vehicles on Thursday.

TOKYO, Nov 28 (Reuters) – Toyota Motor  and two affiliates plan to sell about 10% of components maker Denso by year-end, a stake likely worth about $4.7 billion, sources familiar with the matter said.

TOKYO, Nov 1 (Reuters) – Toyota Motor more than doubled its second-quarter profit and sharply raised its full-year outlook on Wednesday, as a weaker yen currency bolstered the impact of robust global sales.

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.

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