Toyota Industries sinks after parent’s takeover bid misses expectations TOKYO: Shares of Japanese forklift operator Toyota Industries fell more than 12% on Wednesday, after a $33 billion... Published 04 Jun, 2025 08:03am
Business & Finance Toyota to take private key unit in $26 billion deal TOKYO: Toyota Motor will take private a key supplier of its group, it said on Tuesday, in a $26 billion deal,... Published 03 Jun, 2025 12:21pm
Business & Finance Trump to reduce impact of auto tariffs, Commerce secretary says WASHINGTON: President Donald Trump’s administration will move to reduce the impact of his automotive tariffs on... Published 29 Apr, 2025 07:31am
Business & Finance Toyota to recall over 100,000 US vehicles over brake fluid leak, NHTSA says Toyota Motor Corp is recalling 106,061 U.S. vehicles over a brake fluid leak that can reduce braking ability and... Published 11 Feb, 2025 03:59pm
Business & Finance Toyota to set up wholly owned EV, battery unit in China TOKYO: Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and... Published 05 Feb, 2025 11:06am
Business & Finance Toyota raises profit view 9%, cites overall business strengthening TOKYO: Japan’s Toyota Motor raised its full-year operating profit forecast by 9% on Wednesday, in a sign of... Published 05 Feb, 2025 11:00am
Business & Finance Toyota sells 10.8 million vehicles in 2024 to remain world’s top-selling automaker TOKYO: Toyota Motor sold 10.8 million vehicles in 2024, it said on Thursday, remaining the world’s top-selling... Published 30 Jan, 2025 10:55am
Business & Finance Toyota backs Japanese space startup Interstellar to mass-produce rockets A Toyota, research unit will invest in Japanese startup Interstellar Technologies (IST) to support mass production... Published 07 Jan, 2025 08:32am
Business & Finance Toyota global production down for 10th month despite rising sales TOKYO: Toyota Motor’s global production decreased for a 10th straight month in November, the Japanese carmaker said... Published 25 Dec, 2024 11:38am
Business & Finance Toyota’s global output declines for ninth straight month in October TOKYO: Toyota Motor’s global output dropped for a ninth consecutive month in October, dragged lower by big falls in... Published 28 Nov, 2024 01:28pm
Markets Japan’s Nikkei rises, defence stocks shine as Ishiba set to become next PM TOKYO: Japan’s Nikkei share average rose more than 1% on Tuesday, led by defence stocks as former defence minister... Published 01 Oct, 2024 10:17am
Business & Finance Toyota cuts 2026 global EV output plans by a third, Nikkei reports TOKYO: Japan’s Toyota Motor has slashed its electric vehicle production plans for 2026 by a third, the Nikkei... Published 06 Sep, 2024 03:01pm
Business & Finance Toyota to suspend operations of all Japan plants due to Typhoon Shanshan, Nikkei reports TOKYO: Toyota Motor will suspend operations of all 14 plants in Japan due to the approaching Typhoon Shanshan, from... Published 28 Aug, 2024 11:18am
Technology Toyota and BMW to upgrade fuel cell alliance, Nikkei Asia says TOKYO: Toyota Motor Corp and BMW will upgrade their partnership in fuel cell vehicles, Nikkei Asia reported on... Published 27 Aug, 2024 12:14pm
Markets Indus Motor again temporarily shuts production citing low inventory Indus Motor Company Limited (IMC), the assembler/manufacturer of Toyota-brand vehicles in Pakistan, again said it... Published 05 Aug, 2024 03:32pm
Business & Finance Toyota posts 17% rise in Q1 operating profit TOKYO: Toyota Motor posted a 17% rise in first-quarter operating profit at 1.3 trillion yen ($8.70 billion) on... Published 01 Aug, 2024 11:22am
Business & Finance Toyota, affiliates to offload some $1bn in Aisin shares TOKYO: Toyota Motor and two affiliates will sell 33.9 million shares in group supplier Aisin, the companies said on... Published 28 Jun, 2024 05:41am
Markets Japan’s Nikkei dips below key 38,000 mark; Toyota drops TOKYO: Japan’s Nikkei share average dropped below the psychologically key 38,000 level for the first time this month... Published 17 Jun, 2024 01:52pm
Business & Finance Japan’s Honda to start selling micro-sized electric vans in October TOKYO: Honda Motor will start selling a micro-sized electric van targeted at Japan’s delivery industry in October,... Published 13 Jun, 2024 11:04am
Business & Finance Toyota, other Japan automakers under fire for vehicle certification issues TOKYO: Toyota Motor said on Monday its chairman would speak about an investigation it has conducted into its vehicle... Published 03 Jun, 2024 12:04pm
Business & Finance Toyota’s global volumes fall in April, led by drops in China and Japan TOKYO: Toyota Motor’s April global sales and production fell from a year earlier, hurt by an intense price war in... Published 30 May, 2024 11:37am
Business & Finance Toyota, Subaru and Mazda commit to developing new engines TOKYO: Toyota Motor and smaller Japanese automakers Subaru and Mazda Motor have each committed to developing new... Published 28 May, 2024 10:42am
Business & Finance Thailand car production drops 11% y/y in April, domestic sales fall BANGKOK: Car production in Thailand fell 11.02% in April from a year earlier to 104,667 units, the Federation of... Published 23 May, 2024 10:57am
Markets Japan’s Nikkei skids on Wall Street weakness and BOJ policy uncertainty TOKYO: Japan’s Nikkei share average retreated on Friday, tracking Wall Street’s weak finish overnight, with... Published 17 May, 2024 10:13am
Markets Japan’s Nikkei loses stream as market awaits fresh catalyst TOKYO: Japan’s Nikkei share average fell more than 1% on Wednesday, slipping from multi-week highs hit in the... Published 08 May, 2024 10:37am
Markets Japan’s Nikkei squeezes out modest gains as yen, Wall Street weigh TOKYO: Japan’s Nikkei share average eked out meagre gains on Thursday, with the yen’s sudden appreciation and a... Published 02 May, 2024 10:00am
Business & Finance Toyota’s global sales slide 7% in February, led by slumps in China and Japan TOKYO: Toyota Motor’s global sales dropped 7% in February from a year earlier, hurt by a heavy decline in China due... Published 28 Mar, 2024 10:38am
Business & Finance Indus Motor reduces Toyota Yaris prices in Pakistan by up to Rs133,000 Indus Motor Company, the maker of Toyota cars in Pakistan, announced on Thursday a price reduction for its Yaris... Updated 14 Mar, 2024 09:23pm
Business & Finance Toyota agrees to biggest wage hike in 25 years TOKYO: Toyota Motor agreed to give factory workers their biggest pay increase in 25 years on Wednesday, heightening... Published 14 Mar, 2024 03:00am
Business & Finance Toyota agrees to biggest wage hike in 25 years in sign of Japan Inc’s big pay bump TOKYO: Toyota Motor agreed to give factory workers their biggest pay increase in 25 years on Wednesday, heightening... Published 13 Mar, 2024 10:48am