Toyota
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.
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.
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
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
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
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
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
Toyota's global output rises by 7% in January
Output for January increased to 740,332 vehicles, while worldwide sales rose about 11 percent
Toyota Industries faces crackdown for engine emissions cheating
Japan's transport ministry is preparing action against a Toyota Motor Corp affiliate for cheating engine emissions tests
Toyota announces anime series 'GRIP'
Toyota, the reputed automotive manufacturer, has recently announced that it is launching a new anime series. Called 'GRIP', the five-episode series will feature several popular Toyota cars such as the GR Corolla, the Renaissance Red 2.0 GR Supra, and the GR86 in a futuristic city setting.
Toyota raises annual net profit forecast as chip shortage eases
Toyota raised its annual net profit forecast to a record high on Tuesday and reported strong sales in all regions
Toyota to outshine rivals as more consumers opt for hybrids amid EV slowdown
Toyota's hybrids accounted for around one third of its more than 10 million vehicles sold last year
Toyota recalls 50k US vehicles over potential airbag explosion
Toyota Motor has recently released a public statement in which it urged owners of 50,000 older US vehicles to stop driving and get immediate recall repairs. As per the statement, this is due to an issue with the airbag inflator, which Toyota says could explode and potentially kill the driver.
Toyota becomes highest-selling automaker 4 years in a row
Toyota, for the fourth consecutive year, has become the highest-selling automaker in the world. According to a recent press release by the company, Toyota Motor has sold a record of 11.2 million vehicles in 2023.
Toyota suspends shipments of 10 models on testing irregularities
Suspension will affect about 36,500 Toyota vehicles produced every month
Toyota aims to produce about 10.3 mln vehicles globally in 2024 - Nikkei
Toyota is set to renew its record annual production for the second consecutive year