toyota

Toyota to invest $2.2 bn in Brazil hybrid production

March 06, 2024 | 16:45

Japanese auto giant Toyota said Wednesday that it plans to invest 11 billion reais ($2.2 billion) in beefing up production of hybrid vehicles in Brazil through 2030.

Toyota suspends shipments of 10 models on testing irregularities

January 29, 2024 | 16:18

Toyota said Monday it was suspending shipments of 10 models that use engines linked with testing irregularities at an affiliate company.

Toyota's Daihatsu suspends all domestic production

December 27, 2023 | 16:52

Japanese car maker Daihatsu has suspended all its domestic production as the Toyota-owned company faces a massive safety testing scandal.

Japanese automakers to invest 4.3 bln USD in Thailand

December 27, 2023 | 15:44

The Thai Government announced on December 25 that four major Japanese automakers will invest 150 billion THB (4.34 billion USD) in Thailand over the next five years.

Toyota recalls one million US vehicles on airbag concerns

December 26, 2023 | 10:27

Japanese carmaker Toyota announced Wednesday that it was recalling around a million Toyota and Lexus vehicles in the United States, citing concerns about their airbag systems.

Toyota shares sink after Daihatsu suspension, US recall

December 22, 2023 | 11:47

Shares in Japanese auto titan Toyota dived Thursday as a rigged safety test scandal builds at subsidiary Daihatsu, and after it recalled a million vehicles in the United States over airbag safety concerns.

Toyota subsidiary to halt all shipments over rigged safety tests

December 20, 2023 | 17:11

Toyota subsidiary Daihatsu said Wednesday it will suspend shipments of all car models in Japan and abroad, following news it had rigged safety tests.

Toyota ups North Carolina EV plant investment by $8 bn

November 01, 2023 | 14:00

Toyota will significantly expand an electric battery plant in North Carolina, ramping up a bet on zero-emission vehicles in the United States, the automaker announced Tuesday.

Toyota harnesses renewables towards carbon-cutting efforts

August 21, 2023 | 15:08

In line with Toyota’s ambitious Environmental Challenge 2050, the company is steering towards a carbon-neutral future, particularly involving solar tech.

Toyota upgrades forecast even as Q1 net profit slumps

August 04, 2022 | 17:19

Toyota upgraded its annual net profit forecast on Thursday, predicting an earnings boost from the weaker yen even after first-quarter net profit took a hit from pandemic-related supply chain issues.

Vietnam scrambles to meet global car-making standards

April 20, 2022 | 17:00

Many carmakers are hunting for suppliers to meet the demand that has been rising since last year, as well as counter the increasing prices of palladium, nickel, and aluminium for their components.

Toyota pauses most Japan production after quake

March 23, 2022 | 12:17

The world's top-selling automaker Toyota said Friday it will halt operations on the majority of its Japanese production lines for three days as parts supply is hit by a recent powerful earthquake.

Continent’s automobile production stutters yet again

August 12, 2021 | 09:00

Automakers are being forced to suspend production and suffer from sales dips again due to pandemic disruptions across Asia.

Carmakers ride on despite sales dip

July 31, 2021 | 11:00

Famous automakers are pushing on with plans to launch new models and promotions in Vietnam despite the pandemic roadblocks, thanks in part to positive results made over the first half of the year.