Armed carjackers steal Toyota Rav4 in predawn heist on Taylor Street
WASHINGTON, D.C. — Two armed suspects stole a vehicle at gunpoint early Sunday morning in Northeast D.C., prompting a police investigation and a citywide lookout. Just after 4 a.m. on April 20,…
Daimler CEO: Toyota truck deal will make us less dependent on Chinese market
HAMBURG (Reuters) – A deal between Daimler Truck and Toyota Motor Corp to combine their truck units in Japan will give the German group a more “balanced” market position in Asia and…
Toyota, partners to start selling electric micro-vans by March 2024
TOKYO (Reuters) – Toyota Motor Corp and two allied automakers unveiled a micro-sized electric van targeted at Japan’s delivery industry on the sidelines of the Group of Seven (G7) summit in Hiroshima…
Toyota edges past 9.1 million vehicle output goal, warns chip shortage lingering
TOKYO (Reuters) – Japan’s Toyota Motor Corp set a global annual output record in the business year ended in March, just edging past its target of 9.1 million vehicles as factory disruption…
Toyota quarterly auto sales fall 8.8%
(Reuters) – Toyota Motor Corp reported a drop in quarterly U.S. auto sales on Monday, as it struggled to get enough cars and trucks to dealers due to inflationary pressures and chip…
South Korea’s LGES in talks with Toyota to supply EV batteries -CEO
SEOUL (Reuters) – South Korean battery giant LG Energy Solution Ltd is in talks with Toyota Motors Corp to supply electric vehicle (EV) batteries, LGES Chief Executive Officer said on Friday. When…
Toyota to launch two luxury vehicles in Japan -Nikkei
TOKYO (Reuters) – Toyota Motor Corp will launch two higher-end luxury vehicles in Japan during the next financial year as it seeks to capture a larger share of the luxury car market,…
Toyota defends title as world’s top-selling automaker in 2022
TOKYO (Reuters) – Toyota Motor Corp sold 10.5 million vehicles in 2022, it said on Monday, defending its title as the world’s top-selling automaker for a third straight year. Global sales for…
Toyota CEO Akio Toyoda to step down after 14 years at the helm
(Reuters) – Akio Toyoda, president and chief executive of Japan’s Toyota Motor Corp for nearly 14 years, will resign from the top job in April to become chairman, handing over the reins…
Italy’s Enel X partners with Toyota on electric mobility
ROME (Reuters) – Enel X Way, the e-mobility division of Italy’s biggest utility Enel, will make available its domestic and street charging services to Toyota and Lexus drivers, Enel and Toyota said…
Toyota plans to produce 750,000 vehicles globally in February
TOKYO (Reuters) – Toyota Motor Corp on Wednesday said it plans to produce about 750,000 vehicles globally in February. The Japanese automaker said it aims to make about 300,000 vehicles domestically and…
Toyota chief tests positive for COVID, cancels business event attendance
TOKYO (Reuters) – Toyota Motor Corp President Akio Toyoda has tested positive for COVID-19 and will be absent from a series of New Year events to be held by Japanese business lobbies…
U.S. auto sales to fall in 2022, GM set to reclaim top spot from Toyota
(Reuters) – U.S. new vehicle sales are expected to decline for major automakers in 2022 due to inventory shortages, which weighed on Asian brands more than the Detroit giants such as General…
Toyota revamps Prius in bid to give hybrids back their halo
By Satoshi Sugiyama TOKYO (Reuters) – Toyota Motor Corp rolled out a 2-litre plug-in version of its Prius on Wednesday, in an attempt to reboot the 25-year-old hybrid that was once at…
Toyota lowers 2022 output target to 9.5 million units, it tells suppliers -sources
By Maki Shiraki TOKYO (Reuters) – Toyota Motor Corp has told several of its suppliers it has lowered its global production target for the year to 9.5 million units, two people familiar…
Down on chips, Toyota goes back to basics with car keys
TOKYO (Reuters) – Toyota Motor Corp has discovered that even keys can be too “smart” for their own good. The world’s top-selling carmaker said on Thursday it would replace one of the…
Toyota considers sharp boost in output of first EV, but not before 2025, sources say
By Maki Shiraki TOKYO (Reuters) -Toyota is considering a sharp increase in production of its first mass-market battery-electric vehicle from 2025, according to three people with knowledge of the developing plans, ramping…
Toyota slashes leasing fee for troubled EV to rekindle orders
TOKYO (Reuters) – Toyota Motor Corp resumed taking leasing orders for its first mass-produced electric vehicle (EV) in Japan on Wednesday, halving a one-time fee to attract interest in a car that…
Toyota to start selling small electric sedan in China by year-end – sources
By Norihiko Shirouzu BEIJING (Reuters) – Toyota Motor Corp plans to start production and sales of a small electric sedan powered by BYD Co Ltd batteries by year-end as part of an…
Toyota likely to post lower Q1 profit as production woes cast shadow
By Satoshi Sugiyama TOKYO – Toyota Motor Corp is expected to report a double-digit drop in first-quarter profit this week, as a chip shortage and supply-chain woes forced the world’s top automaker…
Toyota deepens production cut for July to 5,200 vehicles on heavy rains
TOKYO – Heavy rains in western Japan will cost Toyota Motor Corp an additional 1,000 or so vehicles in lost production in July, the automaker said on Friday, bringing its total estimated…
Toyota to cut domestic production by 4,000 vehicles in July after rain snarls supplies
TOKYO – Toyota Motor Corp will cut domestic production by around 4,000 vehicles in July, it said on Wednesday, after heavy rain disrupted parts supplies, raising the possibility it could fall short…
Toyota suspends some Japan factory output over COVID outbreak
TOKYO – Toyota Motor Corp has suspended night shift operations at one production line of its Takaoka factory in central Japan because of a COVID-19 outbreak, the company said on Wednesday. The…
Toyota and partners to develop small electric vans and fuel cell electric trucks
TOKYO – Toyota Motor Corp said on Tuesday it would work with allied automakers to develop small electric commercial vans and light-duty fuel cell electric trucks. The models will be developed for…
Toyota revamps Crown range, with new models including SUV to be sold outside Japan
MAKUHARI, Japan – Toyota Motor Corp unveiled four new models of its Crown range on Friday, including a sport-utility vehicle (SUV) for the first time, seeking to reboot the 67-year-old brand as…
Toyota extends suspension of Motomachi plant as certain models recalled
(Reuters) – Japanese automaker Toyota Motor Corp said on Monday it is extending the suspension of line 1 at its Motomachi plant, as it continue to investigate the cause of the recall…
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