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The global semiconductor chip shortage is not likely to significantly affect the financial profiles of Japan’s Toyota Motor Corp or Honda Motor Co, ratings agency Fitch said in a statement on Wednesday. The automakers have enough financial flexibility to…
Toyota Motor announced an operations management system to support the providing of services that will enable practical use of the e-Palette, a battery-electric vehicle for autonomous mobility. In collaboration with a range of partners, it is also planning to…
Toyota has revealed that it will debut a new full-electric SUV in 2021. The details about the new EV are scant but it will be built on the company’s new e-TNGA platform. In terms of size, it will be similar to the current RAV4. Toyota aims to focus on the…
Toyota Motor and Mazda Motor Corp said on Thursday they will invest $2.3 billion (1.76 billion pounds) in a new joint venture factory in Alabama, $830 million more than announced in their original plan in 2018. Production is expected to start next year…
Toyota Vietnam is recalling over 2,700 Vios and Corolla sedans for airbag faults that can cause severe damage to users in the event of a crash. The recall covers 2,568 Toyota Vios cars assembled in Vietnam between September 2007 and December 2008, and 145…
Toyota Vietnam has called back 721 vehicles to fix a bolt issue that could stall operation. The recall, starting Monday, involves 183 Innovas and 538 Fortuners, manufactured between January 21 and May 11. The affected vehicles were equipped with automatic…
Toyota Motor will make 2% fewer vehicles globally in August than originally planned, the Japanese automaker said on Tuesday, as output recovers gradually from a steep drop because of the coronavirus pandemic. The company said it aimed to make 15,000 fewer…
Toyota Kirloskar Motor (TKM) has announced that it will resume vehicle production at its Bidadi plant, in Karnataka, from July 20. Following a directive issued by the Government of Karnataka, earlier this month, the company had announced that it will stop…
Honda, Toyota, BMW, Mitsubishi, and Suzuki are the five most googled car brands in Vietnam, market research firm iPrice said. The Malaysia-based meta-search website, which operates in Vietnam and six other countries across Southeast Asia, said it considered…
Toyota Motor holds a $293 million stake in Uber Technologies, as it partners with the ride-hailing company to further expand into new mobility services, Toyota’s latest corporate governance report released on Wednesday showed. The Japanese automaker has also…
Toyota Motor Corp said on Monday it would make 10% fewer vehicles next month than originally planned, as it gradually resumes output following factory closures earlier this year due to the coronavirus pandemic. The Japanese automaker said it planned to make…
Toyota Kirloskar Motor today announced that it has partially resumed retail and service operations in India. It was towards the end of March 2020 that the company announced suspending production and retail activities, in accordance with the nationwide…
Toyota Motor on Monday said it plans to restart limited production at vehicle plants in France and Poland from April 22 after closing them due to the Automakers make a push to reopen plants. Global automakers reeling from the COVID-19 pandemic are…
Toyota Motor said Wednesday it plans to reopen its North American auto plants on May 4, extending its current shutdown by two additional weeks. The Japanese automaker cited the ongoing COVID-19 pandemic and decline in vehicle demand to extend the halt of…
Toyota said the recall now covers 1.8 million U.S. Toyota and Lexus vehicles in total in the United States, including older vehicles from as far back as the 2013 model year — and more than 1 million vehicles than it announced in January. Toyota Motor said…
Japanese automaker Toyota said on Wednesday its car sales in China, the world’s biggest auto market, fell 70.2% in February due to the coronavirus epidemic which has killed more than 2,900 people. Toyota, which is the first major global automaker to report…
