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Toyota Motor Corp.

Toyota Numbers Show Record Production, Sales

Automaker produced 798,771 vehicles and sold 853,285 globally in August.

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Auto Loan Payments, Rates Hit Record Highs

The average payment climbed to $717 in the fourth quarter of 2022, which is 50% higher than in 2010, according to Edmunds.

Automaker Favors Varied Auto Lineup to All EVs

Toyota Motor Corp. President Akio Toyoda says there is a silent majority who question whether automakers should pursue electric vehicles exclusively.

Toyota to Adjust EV Strategy

The automaker plans to adjust its electric vehicle strategy and provide it to key suppliers early next year, report people close to the project.

Toyota Sets Sights on Carbon Neutrality in Europe by 2040

Toyota maintains operations in Europe will be carbon neutral by 2040, at Toyota Motor Europe’s annual Kenshiki presentation in Brussels.

New Prius Debuts

Toyota unveils fifth generation despite slow sales of current model.

Small Profit Gains Expected for Toyota Motor Corp.

Soaring material and parts costs offset benefits gained from a plunging Japanese yen and production rebound.

Toyota Output to Fall Short in October

Toyota Motor Corp. announced plans to produce 800,000 vehicles worldwide in October, 100,000 vehicles short of its average monthly production plan.

Toyota Announces Plans to Cut Global Production Amid Chip Shortage

Toyota Motor Corp will cut global production by about 100,000 to roughly 850,000 vehicles in June due to the semiconductor shortage.

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China’s Zero COVID Policy Threatens Global Auto Production

China’s Covid-Zero policy could cause global vehicle production to lose 2% of growth in 2022, equivalent to about 1.5 million units.

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