Toyota doubles profits as EV push ramps up Toyota Toyota Motor Corp nearly doubled its profits in its first quarter results, on the back of strong sales and an improved supply of semi-conductors. The Japanese automaker saw operating profits for the period between April and June rise 94 per cent to 1.2trn yen (£6.12bn), up from 578.66bn yen (£3.15bn) year-on-year. Sales revenues jumped 24.2 [...]
Toyota reveals hydrogen-powered Hilux as UK built project ..IN SPITE OF bREXIT.. Toyota has revealed a UK-built hydrogen-powered version of its popular Hilux pick-up as the firm looks to ‘explore all available technologies’ to drive down its carbon footprint. While European versions of the Hilux are usually made in Durban, South Africa, Toyota’s Burnaston factory in Derbyshire has been tasked with developing a hydrogen fuel cell-powered version [...]
Toyota subsidiary Daihatsu suspends vehicle shipments over safety cheating Cars Toyota's subsidiary Daihatsu will suspend shipments of all its vehicles in and outside Japan amid a safety scandal.
Toyota considers investment in Derbyshire as automakers back post Brexit Britain December 4, 2023 Toyota is mooting two new investments in the UK, involving new models at its Derbyshire plant and the mass manufacture of hydrogen fuel cells.
Toyota shares soar following unveiling of new EV tech June 13, 2023 Toyota saw its shares bump up on Tuesday following the unveiling of a host of new EV-related technologies from 2026, which it said will help cut costs and regain competitiveness in the global transition towards electric vehicles. Following the announcement on Tuesday morning, company shares surged five per cent. Toyota said that the new “next [...]
Toyota hikes profit forecast as strong hybrid demand bucks industry trend February 6, 2024 Toyota Motor Corp hiked its full-year profit forecast on Tuesdays, as sales of its hybrid models defied a wider downturn in the sector.
Toyota reports July production record after assembly plant shutdown August 30, 2023 Toyota Motor Corp reported a record month of production in July amid an easing of pandemic induced supply chain snarl-ups.
Toyota suspends all operations in Japanese assembly plants after technical glitch August 29, 2023 Toyota Motor Corp on Tuesday said it has suspended operations at all 14 of its assembly plants in Japan due to a production system malfunction, bringing domestic output to a standstill at the world's biggest-selling automaker.
Toyota GR86 review: Slide ruler November 18, 2022 The Toyota GR86 is a brilliant, back-to-basics sports car offering raw driving fun. It's also very affordable – if you can actually buy one…
Toyota share price jumps as profits rise 155 per cent on record car sales November 1, 2023 Toyota’s shares rose over five per cent on the Tokyo stock exchange this morning after profits at the world’s biggest carmaker more than doubled. Quarterly operating profits came in at ¥1.4trn (£7.61bn), rising over 155 per cent on the prior year on improved global supply chains. The Japanese automaker lifted its annual profit forecast to [...]