Business
VW, Toyota, and Hyundai bet on Chinese tech partners as domestic brands control 70% of the market
TL;DR Foreign automakers briefly reclaimed market share in China in early 2026 after EV subsidies expired and domestic sales dipped, but…
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Toyota
Business
Toyota CEO Sato to step down, to be replaced by CFO Kon
Toyota Motor chief executive Koji Sato will step down, the world’s largest automaker said on Friday, and will be replaced by the…
Business
Elliott raises Toyota Industries stake in push to block buyout
Elliott Investment Management has increased its stake in Toyota Industries again as the activist investor ramps up efforts to block the…
Business
Toyota retains top auto crown in 2025 with record sales
Toyota Motor sold a record 11.3 million vehicles globally in 2025, the company said on Thursday, retaining its crown as the world’s…
Business
Toyota raises offer for Toyota Industries by 15%
Toyota Motor said on Wednesday (Jan 14) the tender price for group firm Toyota Industries was raised to 18,800 yen (S$152.29) per share as…
Business
Toyota posts sales drop in November, dragged down by China
Global automakers are facing greater uncertainty as they navigate an environment of trade tensions, regulatory changes and uncertain…
News
Toyota to import US-made cars after Trump gripe
JAPANESE car giant Toyota said on Friday it will begin importing three of its US-manufactured models into its home market next year, in an…
Business
Elliott woos other Toyota Industries investors in buyout fight
Elliott Investment Management has been approaching asset managers and other institutional investors in Japan to build support for its…
Business
Toyota lays out US$912 million plan to boost US hybrid production
Factories in West Virginia, Kentucky, Mississippi, Tennessee and Missouri will see 252 new jobs as a result of the initiative Toyota Motor…
Culture
Toyota raises profit outlook, bets it can ride out tariffs
The world’s top-selling carmaker now expects operating profit of 3.4 trillion yen (S$28.9 billion) for the financial year to end-March…
Business
Toyota steps up India expansion with new SUVs, rural push as profit surges
Toyota plans to launch 15 new and refreshed models in India by the end of the decade while deepening its rural network, sources said, as…
Business
Trump says Toyota plans $10 billion U.S. investment—Toyota says, not exactly
Toyota was quick to pump the brakes on a claim President Donald Trump made this week regarding an alleged promise by the Japanese…
News
Toyota Says Trump Is Bragging About a Deal It Didn’t Make
One such area the president has homed in on is Portland, Oregon, a city better known for Voodoo Doughnuts and cold brew than hellish…
Business
Toyota says it did not explicitly promise Trump new US$10 billion investment in US
Japan’s Toyota Motor did not explicitly promise a new US$10 billion investment in the United States, a senior executive from the Japanese…
Business
BYD, the top-selling car brand in Singapore, widens lead over Toyota
BYD, the top-selling car brand in Singapore, registered 7,473 cars here in the first nine months of 2025, extending its lead over Toyota.…
Business
Toyota Industries 4.7 trillion yen buyout plan faces antitrust delays
Toyota Motor chairman Akio Toyoda’s proposal to buy out Toyota Industries for 4.7 trillion yen (S$40.5 billion) has been delayed because…
Business
Toyota to manufacture EV SUVs at US Kentucky plant
The next-generation version of the ES sedan will be manufactured in Japan, as the company announced in 2021 Toyota Motor will start making…
Business
Toyota announces $792 million EV investment in Czech Republic
Japanese carmaker Toyota said on Wednesday it will invest 680 million euros ($792 million) on a new production line in the Czech Republic…
News
Toyota braces for 1.4 trillion yen hit from US tariff turmoil
Toyota Motor lowered its annual guidance as it warned of a 1.4 trillion yen (S$12 billion) hit to its bottomline from US tariffs that have…
News
Toyota sees record global sales despite Trump’s tariff turmoil
Toyota Motor saw record global sales during the first half of 2025 as strong demand for hybrid vehicles in core markets helped offset…
Business
Japan’s Nidec builds made-in-China EV motor to help Toyota catch rivals
Japan’s Nidec is building an almost totally “made-in-China” electric vehicle (EV) motor to help Toyota Motor compete in the world’s…
Business
Toyota delays EV plans to boost petrol-fuelled SUV output
Toyota Motor is tapping the brakes on plans to build electric vehicles (EVs) in the US to free up manufacturing capacity for a popular…
Business
Toyota crashes Indonesia’s used-car party with $120m bet
It’s an alliance everyone saw coming. After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for…
Business
Toyota crashes Indonesia’s used-car party with US$120 million bet
It’s an alliance everyone saw coming. After decades of dominating Indonesia’s automotive industry, Toyota and Astra are joining forces for…