Toyota

Toyota set for second straight quarterly profit drop as US tariffs weigh

Sales in China and India posted gains of 5 percent and 12 percent, respectively

Toyota opens new distributor in Bangladesh

Toyota, a Japanese multinational automotive manufacturer, has entered a new era in Bangladesh with the launch of Toyota Bangladesh Limited, ushering in a landmark chapter for the brand and its customers..The new entity will serve as the sole official distributor of Toyota vehicles, genuine

Toyota and Alphabet's Waymo are teaming up

Toyota Motor and Waymo, the autonomous driving tech company owned by Google-parent Alphabet, have announced a preliminary agreement to explore a partnership in autonomous vehicle development. According to an official blog post by Waymo, the collaboration aims to create a new self-driving vehicle platform while also improving next-generation personally owned vehicles (POVs).

Toyota reportedly discontinuing Corolla Axio and Fielder

Toyota is reportedly halting production of the Corolla Axio and Fielder ‘E160’ generation in Japan by October 2025, according to various automobile publications. 

Toyota production drops 6.2% in November amid rising sales: Report

Toyota Motor Corporation reported a 6.2% decline in global production for November, marking the 10th consecutive monthly drop, despite achieving a second straight month of increased global sales driven by strong demand in the United States and China, according to a recent report by Reuters.

Electric air taxi test flight successfully conducted in Japan

Joby Aviation, Inc., a company specialising in electric air taxis, has successfully completed its first international exhibition flight in Japan. The flight recently took place at Toyota’s Higashi-Fuji Technical Center in Shizuoka.

Toyota and NTT to invest $3.26 bln in autonomous driving research

Toyota Motor Corp. and the Japanese telecom company Nippon Telegraph and Telephone Corp. (NTT) are investing 500 billion yen ($3.26 billion) in artificial intelligence research and development to create advanced software aimed at making autonomous driving safer.

Toyota invests $500 mln in electric air taxi startup

Toyota has made a $500 million investment in Joby Aviation, a California-based startup focused on developing electric air taxis, according to a recent blog post by Toyota.

BMW to launch first hydrogen vehicle by 2028

BMW announced on Thursday that it intends to use fuel cell technology developed in partnership with Toyota Motor Corp. to launch its first hydrogen-powered vehicle on the market in 2028.

October 29, 2024
October 29, 2024

Toyota and NTT to invest $3.26 bln in autonomous driving research

Toyota Motor Corp. and the Japanese telecom company Nippon Telegraph and Telephone Corp. (NTT) are investing 500 billion yen ($3.26 billion) in artificial intelligence research and development to create advanced software aimed at making autonomous driving safer.

October 2, 2024
October 2, 2024

Toyota invests $500 mln in electric air taxi startup

Toyota has made a $500 million investment in Joby Aviation, a California-based startup focused on developing electric air taxis, according to a recent blog post by Toyota.

September 5, 2024
September 5, 2024

BMW to launch first hydrogen vehicle by 2028

BMW announced on Thursday that it intends to use fuel cell technology developed in partnership with Toyota Motor Corp. to launch its first hydrogen-powered vehicle on the market in 2028.

May 29, 2024
May 29, 2024

Toyota unveils new 'adaptable' engines for both hybrid and biofuel cars

Toyota has recently unveiled a new line of compact 'adaptable' engines that are designed to work with both hybrid cars and those that run on biofuels. According to the company, these new engines are intended to reduce carbon emissions while catering to diverse customer needs.

May 8, 2024
May 8, 2024

Japanese auto giant Toyota posts record net profit

Toyota reported record annual net profit of more than $30 billion on Wednesday but the world's largest automaker by sales warned that the current year would be less spectacular

May 7, 2024
May 7, 2024

Toyota to get an earnings lift from hybrids as EV hype cools

While strong in hybrids, Toyota remains a laggard when it comes to EVs, behind rivals such as Tesla

April 3, 2024
April 3, 2024

Tesla reports drop in auto sales, while Toyota sees US surge

Elon Musk's auto giant reported 386,810 global deliveries over the period, down 8.5 percent, reflecting in part a weak sales market in China, where it faces heavy competition from local electric vehicle (EV) makers

March 28, 2024
March 28, 2024

Toyota's global sales slide 7% in February, led by slumps in China and Japan

Toyota's US sales for February surged 16% and in Europe gained 14%, Japan sales tumbled by a third

March 16, 2024
March 16, 2024

Toyota unveils real-life Pokémon Miraidon bike

In a collaborative effort between Toyota and Pokémon, a special prototype motorcycle based on Miraidon, a legendary Pokémon, has been unveiled in Japan. Announced as the 'Toyota Miraidon Project', the bike is currently being displayed at Midtown Hibiya, Tokyo, from March 15 to 17.

March 13, 2024
March 13, 2024

Toyota agrees to biggest wage hike in 25 years in sign of Japan Inc's hefty pay bump

Toyota agreed monthly pay increases of as much as 28,440 yen ($193) and record bonus payments