Trends - Toyota Motor - Business Recorder

Business & Finance

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

Markets

Indus Motor temporarily halts production citing inventory shortage

Company to close its plant from March 6 to March 11

Updated 06 Mar, 2024 03:07pm

Markets

Japan rubber futures retreat from 7-year high

SINGAPORE: Japanese rubber futures fell from a seven-year high on Monday, hurt by a growth in inventories and lower...

Published 27 Feb, 2024 03:06am

Business & Finance

Toyota holds off response on wage talks after first round

TOKYO: Toyota Motor, the world’s biggest automaker, held off on Wednesday from offering responses to its union’s...

Published 21 Feb, 2024 10:49am

Markets

Nikkei races to fresh 34-year high, all-time peak in sight

TOKYO: Japan’s benchmark Nikkei got off to a roaring start on Friday, hitting 34-year highs and was on the cusp of...

Published 16 Feb, 2024 10:48am

Business & Finance

Toyota shares hit record high after earnings upgrade, domestic rivals in focus

TOKYO: Toyota Motor shares hit a record high on Wednesday after its earnings upgrade the prior day, with rivals...

Published 07 Feb, 2024 10:28am

Business & Finance

Toyota hikes annual profit forecast after Q3 beats expectations

TOKYO: Toyota Motor raised its full-year operating profit forecast by nearly 9% on Tuesday, after higher sales...

Published 06 Feb, 2024 10:20am

Business & Finance

Toyota keeps crown as world’s top-selling automaker in 2023

TOKYO: Toyota Motor sold a record 11.2 million vehicles in 2023, it said on Tuesday, taking the crown as the world’s...

Published 30 Jan, 2024 10:05am

Business & Finance

Toyota to roll out solid-state battery EVs in a couple of years, India executive says

GANDHINAGAR: Japan’s Toyota Motor is set to launch within a couple of years vehicles with solid-state batteries that...

Published 11 Jan, 2024 12:47pm

Business & Finance

Toyota’s Daihatsu to compensate lower-tier suppliers for suspended production

TOKYO: Toyota Motor’s small-car unit Daihatsu Motor said on Thursday it would compensate lower-tier contractors in...

Published 28 Dec, 2023 10:36am

Business & Finance

Toyota’s global output surges to record in November on strong demand

TOKYO: Toyota Motor’s global production jumped 11% in November to a record level, bouncing back from last year’s...

Published 27 Dec, 2023 10:48am

Business & Finance

Toyota shares slide on safety scandal at Daihatsu, recall of vehicles

TOKYO: Toyota Motor shares slumped on Thursday as Japan’s transport ministry inspected a subsidiary over safety...

Published 21 Dec, 2023 10:28am

Technology

Toyota’s Daihatsu to halt all vehicle shipments, in widening safety scandal

TOKYO: Toyota Motor’s Daihatsu unit will halt shipments of all of its vehicles, Japan’s biggest automaker said on...

Published 20 Dec, 2023 01:59pm

Markets

Japan’s Nikkei sinks to 3-week low as stronger yen hurts autos

TOKYO: Japan’s Nikkei share average sank to a nearly three-week low on Monday as a stronger yen dented the earnings...

Updated 04 Dec, 2023 04:16pm

Business & Finance

Toyota plans to expand battery EV line-up in Europe to 6 models by 2026

TOKYO: Toyota Motor said on Monday it would increase its line-up of battery electric vehicles in Europe to six...

Published 04 Dec, 2023 09:45am