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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,
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 stock climbs on guidance boost, new China EV unit
Toyota shares are climbing higher on the back of upbeat guidance, and the Japanese giant’s plans to set up a wholly-owned EV unit in China.
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.
2h
on MSN
Toyota Earnings Top Tesla’s. It Has Nothing To Do With Cars.
Toyota’s U.S.-listed American depositary receipts (ADRs) closed up 4.2% at $195.35, while the S&P 500 and Dow Jones ...
2d
on MSN
2025 Toyota 4Runner vs. Land Cruiser: We Drove Both, Here’s How They Compare
For example, both the Land Cruiser and 4Runner have the same 112.2-inch wheelbase, the same eight-speed automatic ...
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 ...
1h
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 ...
1d
Toyota, Honda & more recalling over 325K cars: Bring your car to the dealer ASAP, if you have one of these vehicles
The National Highway Traffic Safety Administration announced over 325,000 recalled cars from Honda, Toyota, Acura, Subaru and ...
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 ...
11h
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 ...
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