Toyota Vehicles in Japan

Toyota to set up wholly owned EV, battery unit

Japan's Toyota announces EV and battery push in China and U.S., as its quarterly profit surges

Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Wednesday, under a new partnership with the Shanghai government. Toyota Motor Corp. also announced it will start producing batteries for EVs,

Reuters on MSN · 1d

Toyota to set up wholly owned EV, battery unit in China

Toyota Motor will establish a wholly owned company in Shanghai to develop and produce electric vehicles and batteries for the Lexus brand, with production set to start in 2027, the world's top-selling automaker said on Wednesday.

Fortune on MSN · 23h

Toyota unveils a plan to become ‘more loved’ in China by taking a page out of Tesla’s playbook: A wholly-owned Shanghai EV plant

The Shanghai factory is expected to start production in 2027 and will develop a new BEV under Toyota's premium Lexus brand.

Toyota raises profit forecast

Reuters · 21h

Toyota raises profit view 9%, cites overall business strengthening

Japan's Toyota Motor raised its full-year operating profit forecast by 9% on Wednesday, in a sign of confidence in its ability to ride out the impact of any potential U.S. tariffs.

The Financial Times · 1d

Toyota raises profit forecast and aims to double down in China

Toyota raised its full-year profit forecast on cost-cutting efforts, despite recording a second consecutive quarterly drop in profit, as sales growth driven by a hybrid boom cooled off. The world’s largest automaker said on Wednesday that operating profit came in at ¥1.

The Wall Street Journal on MSN · 1d

Toyota Raises Earnings Guidance After Profit Jumps

Toyota Motor sold 10.8 million vehicles globally in 2024, retaining its position as the world’s biggest carmaker.

17h

Toyota: Potential Trade-War Winner As Japan Sits On Sidelines

Toyota's recent earnings report showed a 4.8% revenue increase but a 13.2% decline in operating income. Learn more about TM ...

20hon MSN

Toyota is following Elon Musk's lead as it tries to turn things around in China

The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did ...

Paul Tan2d

Toyota GR Corolla facelift in Japan – 6MT and 8AT, exclusive Circuit Mode with anti-lag, from RM163k

Toyota may be Japanese, but it’s taken a surprisingly long time to bring the facelifted GR Corolla to its home country. The ...

TopSpeed on MSN17h

The Toyota Hybrid Crossover That Outsold The Prius Twins In January 2025

You may be surprised, but the Prius Hybrid, along with the Prius Plug-In Hybrid, started the year out slow. In January, ...

Toyota sells 10.8 million vehicles in 2024 to remain world's top-selling automaker

Toyota Motor 7203.T sold 10.8 million vehicles in 2024, it said on Thursday, remaining the world's top-selling automaker for ...

Electrek6d

Toyota EV sales continued lagging in 2024 at only 1%

Toyota maintained its title as the world’s top-selling automaker, with nearly 11 million vehicles sold in 2024. However, EV ...

7don MSN

Toyota sells 10.8M vehicles in 2024, keeps global sales crown for fifth year

Toyota retained its top spot in 2024, selling 10.8M vehicles despite a 3.7% drop, with hybrid sales surging amid challenges ...

GlobalData on MSN5d

Toyota global vehicle sales fall 4% in 2024

Japan’s Toyota Motor Corporation reported a 4% fall in global group sales to 10,821,480 vehicles in 2024, reflecting mostly ...

Carscoops6d

Toyota Keeps Top Spot In Global Sales Despite 20% Drop In Japan

The drop is largely attributed to the Japanese market which recorded a 19.7% decline. Toyota sold 23.7% more electrified vehicles in 2024, with the vast majority being hybrids. For the fifth ...

15hon MSN

Toyota to build new Lexus EV plant in Shanghai

Toyota said Wednesday it will build an EV plant in Shanghai, China. The plant will produce a new Lexus brand EV vehicle.

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