Toyota is reportedly halting production of the Corolla Axio and Fielder ‘E160’ generation in Japan by October 2025, according to various automobile publications.
Toyota Motor Corporation reported a 6.2% decline in global production for November, marking the 10th consecutive monthly drop, despite achieving a second straight month of increased global sales driven by strong demand in the United States and China, according to a recent report by Reuters.
Joby Aviation, Inc., a company specialising in electric air taxis, has successfully completed its first international exhibition flight in Japan. The flight recently took place at Toyota’s Higashi-Fuji Technical Center in Shizuoka.
Toyota Motor Corp. and the Japanese telecom company Nippon Telegraph and Telephone Corp. (NTT) are investing 500 billion yen ($3.26 billion) in artificial intelligence research and development to create advanced software aimed at making autonomous driving safer.
Toyota has made a $500 million investment in Joby Aviation, a California-based startup focused on developing electric air taxis, according to a recent blog post by Toyota.
BMW announced on Thursday that it intends to use fuel cell technology developed in partnership with Toyota Motor Corp. to launch its first hydrogen-powered vehicle on the market in 2028.
Toyota has recently unveiled a new line of compact 'adaptable' engines that are designed to work with both hybrid cars and those that run on biofuels. According to the company, these new engines are intended to reduce carbon emissions while catering to diverse customer needs.
Toyota reported record annual net profit of more than $30 billion on Wednesday but the world's largest automaker by sales warned that the current year would be less spectacular
While strong in hybrids, Toyota remains a laggard when it comes to EVs, behind rivals such as Tesla
Toyota's US sales for February surged 16% and in Europe gained 14%, Japan sales tumbled by a third
In a collaborative effort between Toyota and Pokémon, a special prototype motorcycle based on Miraidon, a legendary Pokémon, has been unveiled in Japan. Announced as the 'Toyota Miraidon Project', the bike is currently being displayed at Midtown Hibiya, Tokyo, from March 15 to 17.
Toyota agreed monthly pay increases of as much as 28,440 yen ($193) and record bonus payments
Output for January increased to 740,332 vehicles, while worldwide sales rose about 11 percent
Japan's transport ministry is preparing action against a Toyota Motor Corp affiliate for cheating engine emissions tests
Toyota, the reputed automotive manufacturer, has recently announced that it is launching a new anime series. Called 'GRIP', the five-episode series will feature several popular Toyota cars such as the GR Corolla, the Renaissance Red 2.0 GR Supra, and the GR86 in a futuristic city setting.
Toyota raised its annual net profit forecast to a record high on Tuesday and reported strong sales in all regions
Toyota's hybrids accounted for around one third of its more than 10 million vehicles sold last year
Toyota Motor has recently released a public statement in which it urged owners of 50,000 older US vehicles to stop driving and get immediate recall repairs. As per the statement, this is due to an issue with the airbag inflator, which Toyota says could explode and potentially kill the driver.
Toyota, for the fourth consecutive year, has become the highest-selling automaker in the world. According to a recent press release by the company, Toyota Motor has sold a record of 11.2 million vehicles in 2023.
