Toyota Motor Corp. reported consolidated full-year results for fiscal 2025 on Thursday, with net income reaching ¥4.77 trillion ($33.1 billion). Sales revenues rose to ¥48.04 trillion as its operating income came in at ¥4.80 trillion, with an operating margin of 10.0%. The company also declared a...
Toyota Motor Co.'s Hino Motors Ltd. and Daimler Truck AG's subsidiary Mitsubishi Fuso Truck and Bus are nearing the closure of a merger agreement, Nikkei reported on Monday.According to the media outlet, the two businesses plan to make a holding company for the truck units, with the aim of...
Toyota Motor Corporation told its suppliers it will cover the added costs stemming from new United States tariffs, according to sources cited by the Financial Times on Wednesday. The move comes after US President Donald Trump unveiled a sweeping 25% tariff on all imported cars, raising...
Toyota Motor North America (TMNA) said on Tuesday that its total sales in the United States observed a modest yearly increase of 0.9% in the first quarter of 2025, reaching 507,269 vehicles. Meanwhile, electric vehicle (EV) deliveries soared by 39.6% in the reported quarter to hit 288,796 units. In...
Toyota Motor CEO Koji Sato traveled to the planned battery plant location in Japan’s Fukuoka Prefecture after the company announced the decision to postpone its development amid falling global demand for electric vehicles, Nikkei Asia reported on Tuesday.Sato visited the location earlier in the day...
Honda Motor Co. Ltd. will be procuring batteries for its hybrid vehicles from Toyota Motor Co.'s factory in the United States, Nikkei reported on Monday.According to the media outlet, batteries for 400,000 cars will be secured, which is enough for all the hybrid vehicles it sells in the country. The...
Toyota Motor Engineering & Manufacturing North America, Inc. is set to initiate a recall for 167,802 vehicles in the United States due to concerns about seatback bolts not being properly tightened, as announced by the US National Highway Traffic Safety Administration (NHTSA) on Tuesday.The NHTSA...
Toyota Motor Co. will be rolling out its new hydrogen fuel cell (FC) truck at the end of 2026, Nikkei reported on Wednesday.The FC system, which will be produced domestically, is likely to be installed on smaller trucks from Commercial Japan Partnership Technologies Corporation, a company Toyota...
Toyota Motor Engineering & Manufacturing North America, Inc. will recall a total of 106,061 vehicles in the United States over issues with the braking system, the US National Highway Traffic Safety Administration (NHTSA) said on Tuesday.According to the NHTSA documents, the recall of the units of...
Japanese Prime Minister Shigeru Ishiba said as he met United States President Donald Trump in Washington DC on Friday that Toyota is looking to make more investments in the US.Meanwhile, speaking ahead of their meeting, Trump stated that Washington wants to address its trade deficit with Japan,...
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