Toyota CEO Sato to step down, to be replaced by CFO Kon
Toyota Motor chief executive Koji Sato will step down, the world’s largest automaker said on Friday, and will be replaced by the automaker’s chief financial officer, Kenta Kon.…
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Toyota
Toyota retains top auto crown in 2025 with record sales
Toyota Motor sold a record 11.3 million vehicles globally in 2025, the company said on Thursday, retaining its crown as the world’s top-selling automaker for a sixth consecutive…
Toyota raises offer for Toyota Industries by 15%
Toyota Motor said on Wednesday (Jan 14) the tender price for group firm Toyota Industries was raised to 18,800 yen (S$152.29) per share as part of the plan to take the forklift maker…
Toyota posts sales drop in November, dragged down by China
Global automakers are facing greater uncertainty as they navigate an environment of trade tensions, regulatory changes and uncertain economic outlooks Toyota Motor’s sales and production…
Toyota to import US-made cars after Trump gripe
JAPANESE car giant Toyota said on Friday it will begin importing three of its US-manufactured models into its home market next year, in an apparent move to placate Donald Trump. The US…
Elliott woos other Toyota Industries investors in buyout fight
Elliott Investment Management has been approaching asset managers and other institutional investors in Japan to build support for its campaign and push Toyota group to sweeten its 4.7…
Toyota lays out US$912 million plan to boost US hybrid production
Factories in West Virginia, Kentucky, Mississippi, Tennessee and Missouri will see 252 new jobs as a result of the initiative Toyota Motor detailed plans to invest US$912 million to…
Toyota raises profit outlook, bets it can ride out tariffs
The world’s top-selling carmaker now expects operating profit of 3.4 trillion yen (S$28.9 billion) for the financial year to end-March Toyota raised its full-year profit forecast on…
Toyota steps up India expansion with new SUVs, rural push as profit surges
Toyota plans to launch 15 new and refreshed models in India by the end of the decade while deepening its rural network, sources said, as record profits in the country make the market…
Trump says Toyota plans $10 billion U.S. investment—Toyota says, not exactly
Toyota was quick to pump the brakes on a claim President Donald Trump made this week regarding an alleged promise by the Japanese automaker to invest $10 billion in the U.S. “We didn’t…
Toyota Says Trump Is Bragging About a Deal It Didn’t Make
One such area the president has homed in on is Portland, Oregon, a city better known for Voodoo Doughnuts and cold brew than hellish riots. Late last month, the president ordered the…
Toyota says it did not explicitly promise Trump new US$10 billion investment in US
Japan’s Toyota Motor did not explicitly promise a new US$10 billion investment in the United States, a senior executive from the Japanese automaker said on Wednesday, a day after President…
Toyota recalls nearly 400,000 Tundra and Sequoia hybrids over rearview camera issue
Toyota is recalling nearly 400,000 vehicles because the rearview camera may not display when backing up, increasing the risk of a crash, federal traffic safety regulators said. Included in…
Toyota Industries 4.7 trillion yen buyout plan faces antitrust delays
Toyota Motor chairman Akio Toyoda’s proposal to buy out Toyota Industries for 4.7 trillion yen (S$40.5 billion) has been delayed because the approval process under antitrust laws in…
Toyota to manufacture EV SUVs at US Kentucky plant
The next-generation version of the ES sedan will be manufactured in Japan, as the company announced in 2021 Toyota Motor will start making two battery-powered sport utility vehicles (SUVs…
Toyota announces $792 million EV investment in Czech Republic
Japanese carmaker Toyota said on Wednesday it will invest 680 million euros ($792 million) on a new production line in the Czech Republic to make a battery electric car. The line will be…
Toyota braces for 1.4 trillion yen hit from US tariff turmoil
Toyota Motor lowered its annual guidance as it warned of a 1.4 trillion yen (S$12 billion) hit to its bottomline from US tariffs that have rattled the global automotive industry. The…
Toyota sees record global sales despite Trump’s tariff turmoil
Toyota Motor saw record global sales during the first half of 2025 as strong demand for hybrid vehicles in core markets helped offset headwinds from US President Donald Trump’s…
Japan’s Nidec builds made-in-China EV motor to help Toyota catch rivals
Japan’s Nidec is building an almost totally “made-in-China” electric vehicle (EV) motor to help Toyota Motor compete in the world’s largest auto market, according to chief executive…
Toyota delays EV plans to boost petrol-fuelled SUV output
Toyota Motor is tapping the brakes on plans to build electric vehicles (EVs) in the US to free up manufacturing capacity for a popular petrol-powered SUV. The Japanese automaker plans to…
Toyota crashes Indonesia’s used-car party with $120m bet
It’s an alliance everyone saw coming. After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for the country’s used-car market. The Japanese…
Toyota crashes Indonesia’s used-car party with US$120 million bet
It’s an alliance everyone saw coming. After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for the country’s used-car market. The Japanese…
Toyota chairman to face scrutiny over US$33 billion deal at shareholder meeting
Toyota Motor Chairman Akio Toyoda is likely to face scrutiny over a US$33 billion take-private deal of a key supplier when shareholders assemble for the Japanese automaker’s annual general…
Toyota chairman re-elected against backdrop of US$33 billion buyout bid
Toyota Motor shareholders re-elected Akio Toyoda as chairman on Thursday (Jun 12), highlighting support among mom-and-pop investors even as the Japanese automaker’s US$33 billion buyout of…