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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 under a new partnership with the Shanghai government.
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.
Toyota Boosts Earnings Guidance, to Set Up China EV Unit
Toyota Motor sold 10.8 million vehicles globally in 2024, retaining its position as the world’s biggest carmaker.
Toyota raises profit forecast
Toyota raises full-year profit outlook by 9% to nearly $31 bln
Toyota Motor raised its full-year operating profit forecast by 9% on Wednesday, in a sign of confidence in its ability to ride out any potential U.S. tariffs.
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.
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.
12h
on 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 ...
20h
on MSN
Toyota Motor posts nearly 28% drop in third-quarter operating profit, missing estimates
Toyota Motor on Wednesday reported a second consecutive fall in profit, as it navigates competition in China and a market ...
2d
The 2025 Toyota 4Runner is shockingly ready for whoops
Equipped with tuned shock absorbers from Bilstein, Fox, and Old Man Emu, the new 4Runner is adaptable for on- and off-road ...
2h
Someone Turned a $100 Toyota Into This Koenigsegg Jesko Clone
This imitation hypercar has flip-up doors like the real thing, and the same engine as a '90s Corolla behind the driver.
2d
Honda, Toyota, Acura among over 325,000 vehicles recalled: Check car recalls here
The National Highway Traffic Safety Administration issued multiple recalls last week, including notices for nearly 300,000 ...
4d
Test-Driving The Texas-Styled 2025 Toyota Sequoia 1794
Toyota created a Texas-inspired luxury grade and called it 1794 after the founding year of the land where it's built. Learn ...
2h
on MSN
Toyota is the world’s best-selling automaker - again
Toyota has managed to hold onto its place as the world's best-selling automaker for another year, but German and Korean ...
1d
'She will always remain in our hearts and minds': Richland County police officer dies in crash
MORROW COUNTY, Ohio — A Richland County police officer died following a crash on U.S. 42 in Morrow County on Monday.
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