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Japan

Air taxi completes first trial flight in Japan

Artificial intelligence

Toyota, NTT to spend US$3.27 billion on mobility AI system for self-driving cars

US-China relations

Mexico warns US ban on Chinese car tech could hurt its automotive industry

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Great Wall Motors

China’s Great Wall Motors to open factory in Brazil in May: report

GWM will focus on producing the Haval H6, a hybrid sports SUV that has been approved to benefit from a Brazilian tax incentive programme.

Great Wall Motors is China’s largest manufacturer of SUVs and pickup trucks. Photo: via Weibo
Japan

Sayonara, Olympics: why did top Japanese firms end pricey sponsorships?

Controversy over lack of athlete support, corruption likely among factors for Toyota, Bridgestone and Panasonic’s withdrawal, analysts say.

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IOC

Toyota ends sponsorship ties with IOC over ‘increasingly political’ Olympics

Chairman questions whether the event is still ‘putting athletes first’ as he ends the auto giant’s involvement after end of 10-year deal.

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Tourism

New luxury Chinese, Japanese and US cars a contrast to Cuba’s classics

Easing of import restrictions sees a sudden influx of luxury cars from Japan, South Korea, China and the US in Cuba, especially in Havana.

A Chery Tiggo 8 passes old American cars in Havana, Cuba. Photo: AFP
Japan

Typhoon Shanshan barrels towards Japan, forcing Toyota to shut down production

Typhoon Shanshan, prompting evacuations and halting Toyota production. The storm brings violent winds, heavy rain, and landslides.

Japan

Japan orders Toyota to make ‘drastic reforms’ after new certification violations

Japan’s transport ministry said on-site inspections had uncovered widespread, intentional misconduct and irregularities in seven additional models that had not been previously disclosed.

Japan

Honda joins scandal-hit Toyota, Yamaha, Suzuki as Japan faces own ‘dieselgate’

The widening scandal has been compared to the ‘dieselgate’ emissions debacle that sideswiped German car giant Volkswagen in 2015.

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Newly manufactured Honda cars await export at a port in Yokohama. Photo: Reuters
Honda

Japanese carmakers under fire for falsifying safety data

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Japan

Japan’s car safety scandal deepens, as Toyota halts sale of 3 car models

Toyota was among five carmakers, including Honda and Mazda, found to have falsified or manipulated safety data while applying for certification.

China economy

Opinion | How progress, not just profit, drives China’s approach to industry

Rather than being out to undermine economies around the world, China’s economic policy is based on foresight, efficiency and commitment to scale. Decoupling would not only disrupt supply chains but increase the cost of the global energy transition amid our ongoing climate struggle.

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Tencent

Tencent pushes wider adoption of AI-powered smart mobility system in auto sector

The Chinese tech giant already counts more than 100 carmakers and various automotive industry players as partners.

Tencent Holdings expects its smart mobility solution, based on its own Hunyuan AI model, to assist industry partners in vehicle research and development, manufacturing and even customer services. Photo: Shutterstock
Electric & new energy vehicles

Chinese EV maker Aion plans second Southeast Asia plant in Indonesia

Guangzhou-based Aion will partner with Jakarta-based carmaker Indomobil Group. Aion’s first Southeast Asia plant, in Thailand, is expected to start production this summer.

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Models present Chinese automaker GAC’s Aion Hyper HT at the 45th Bangkok International Motor Show 2024 in Nonthaburi province on the outskirts of Bangkok, on March 28, 2024. Photo: EPA-EFE
Electric & new energy vehicles

China EV war: BYD takes on laggards Toyota, VW with steep price cuts

BYD, the world’s top-selling electric-vehicle maker, is currently discounting almost every model it sells, as part of a marketing campaign declaring ‘electricity is cheaper than oil’.

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Electric & new energy vehicles

Nio working with CATL to develop batteries with longer lifespans

The two companies aim to churn out EV batteries that can last for as long as 15 years, nearly double the current average lifespan, which could help EV users save tens of thousands of yuan, they say.

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Electric & new energy vehicles

Style Edit: What to expect at the tech-driven Inchcape EV Hub in Hong Kong

Inchcape’s tech-driven Hub aims to speed up the EV revolution in Hong Kong, providing a variety of services alongside its fleet of electric vehicles on offer

The launch of the Inchcape EV Hub at the new Airside mall in Kai Tak. Photos: Handout
Electric & new energy vehicles

China’s EV price war to hot up as carmakers price models below 100,000 yuan

Analysts says lower battery costs are enabling EV makers to discount prices amid tougher competition and efforts to take more share from petrol car manufacturers.

Electric & new energy vehicles

BYD launches low-price plug-in hybrid, sparking price war in China

The car starts at just over US$11,000, lower than bestselling petrol-powered cars like Volkswagen’s Lavida and Toyota’s Corolla.

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TSMC

Semiconductor giant TSMC to build second plant in Japan with new investor Toyota

TSMC’s second chip fabrication plant in Japan marks a major victory for Prime Minister Fumio Shikida, as his government seeks to boost domestic production of integrated circuits.

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Taiwan Semiconductor Manufacturing Co’s second chip fabrication plant in Japan is scheduled to begin operation by the end of 2027. Image: Shutterstock
Tesla

Toyota cements dominance as world’s No 1 carmaker for fourth year

The Japanese carmaker’s global sales, including those of subsidiaries Daihatsu and Hino, rose 7.2 per cent year on year to a record 11.2 million cars in 2023

Toyota emerged as the world’s top carmaker for a fourth year in 2023. Photo: AFP
Electric & new energy vehicles

China’s car industry on a roll as production, sales hit all-time high in 2023

China’s car sector broke production and sales records last year, buoyed by surging deliveries of electric vehicles and rising exports to markets such as Russia.

Electric & new energy vehicles

Toyota poised to keep title as bestselling carmaker, as China sales climb 17%

Global sales rose 12 per cent from a year earlier to 986,262 units, the most ever for the month of November. That included a 17 per cent increase in China to, while production there rose 14 per cent.

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Electric & new energy vehicles

Toyota plans to trial new EV pickup in Thailand to counter Chinese rivals

Chinese electric vehicle makers are rapidly gaining market share in Thailand and have pledged US$1.5 billion in investment for manufacturing.

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Pickup trucks, often converted to serve as “songthaew” minibuses such as this one in Chiang Mai, account for half of new vehicles sales in Thailand. Photo: Shutterstock
Electric & new energy vehicles

Japan’s carmakers to showcase electric cars to prove credentials

Japanese carmakers will display EV concepts to send the message they are willing and able to make battery-powered car sightings more common on the country’s roads in the years to come.

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Toyota’s Kayoibako EV concept is seen at a media event ahead of the Japan Mobility Show in Hachioji, Tokyo. The show will run from October 26 to November 5. Photo: Bloomberg
Japan

Japan slams brakes on sending used cars to Russia, axing lucrative trade

While wiping out Russia’s biggest source of used cars, the sanctions have driven down prices in Japan and left brokers scrambling to send vehicles to Southeast Asia, New Zealand and elsewhere.

Electric & new energy vehicles

Chinese EV maker Zeekr sweeps into Europe amid subsidy spat

The company started European sales of two models just weeks ago and plans to add another seven by 2025, but its aspirations could run into a roadblock should the European Union impose extra import tariffs on Chinese EVs.

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Toyota
Toyota
Toyota Motor is the largest carmaker in the world. Founded in 1937, it makes some of the world’s most popular vehicles, including the Corolla and Camry. It also has a luxury brand, Lexus, and majority stakes in truckmaker Hino, compact carmaker Daihatsu, and 16.66 per cent of Fuji Heavy Industries, which makes the popular all-wheel drive Subarus.
Chairman / President
Akio Toyoda
CEO / Managing Director
Koji Sato
CFO / Finance Director
Yoichi Miyazaki
Industry
Automotive
Website
toyota-global.com
Headquarters address
1 Toyota-Cho, Toyota City, Aichi Prefecture 471-8571, Japan
Stock Code
TYO:7203
LSE:TYT
NYSE:TM
Year founded
1937
last updated:
30 September, 2024
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