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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, 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,

DPA International on MSN · 1d

Profit up for Japanese carmaker Toyota in its third quarter

Profit increased for Japanese vehicle manufacturer Toyota in its third quarter compared to the same period of the previous year. Toyota reported that its net income attributable to the company for the third quarter increased to 2.

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.

Toyota raises profit forecast

Reuters · 1d

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.

Toyota likely to post second straight profit drop as sales growth cools

Japan's Toyota Motor is expected to post its second consecutive quarterly profit drop when it reports third-quarter earnings ...

8hon MSN

The most exciting Japanese cars on sale today

Japanese cars offer reliability, quality, lots of equipment and unique styling, but which ones are the most exciting?

Toyota operating profit drops on lower Japan sales

Toyota Motor has posted its first decline in group operating profit for the April-to-December period in two years. The ...

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 ...

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.

1don 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 ...

1don MSN

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.

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 ...

TopSpeed on MSN1d

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, ...

Hosted on MSN6h

Toyota's Early 2000s Hot Hatch Was A Power-Dense Superstar

With the hot-hatch market continuing to be lucrative in the early 2000s, Toyota entered the fray with a powerful version of ...

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Toyota to set up wholly owned EV, battery unit

Toyota raises profit forecast

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