Japan's Top Automaker Toyota Reports Lower Profits

Hit by scandal, Japan's top automaker Toyota reports lower profits
Vehicle production will recover in the second half of the fiscal year, according to Toyota. Japan production declined in the fiscal first half because of “the need to address the certification issues and taking time to reexamine our manufacturing environ ...
Toyota reports shocking quarterly profit drop due to U.S., Japan production challenges
Toyota reports its first quarterly profit drop in two years due to production challenges and declining sales in North America and Japan
Toyota Keeps Profit Outlook Despite Weakness in Japan, China
Toyota Motor Corp. kept its annual profit outlook intact despite reporting quarterly results that were dragged down in Japan and China, as the carmaker showed signs of recovery from domestic scandals and major recalls in the US.
Toyota posts first quarterly profit drop in two years, hit by production woes
Toyota Motor posted on Wednesday its first quarterly profit drop in two years as its weaker sales and production issues in two crucial markets - Japan and the U.S. - stalled the Japanese automaker's recent record run.
Honda, Toyota report drop in profits amid Chinese competition
STORY: Japanese automakers Toyota and Honda both reported slipping quarterly profits Wednesday.Both companies cited falling sales and competition from China.Toyota's profits from July to September this year were 20% lower than the same time last year,
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Toyota’s first air taxi soars in Japan, all-electric 5-seater with 200 mph speed
Toyota Motor Corporation has collaborated with Joby Aviation, a U.S. company focused on creating electric air taxis for ...
Toyota to post first profit drop in 2 years as demand cools after big run
Shares of Toyota are up 3% so far this year. In U.S. dollar terms, they are up 2%, compared to a 2% drop in EV rival Tesla ...
Toyota and Joby Complete First Air Taxi Flight in Japan
Toyota Motor Corporation (Toyota; NYSE: TM) and Joby Aviation, Inc. (Joby; NYSE:JOBY), a company developing electric air ...
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Joby Aviation completes first international air taxi flight in Japan alongside Toyota [Video]
Fresh off a $500 million investment from Toyota, eVTOL air taxi developer Joby Aviation has taken its aviation technology ...
Toyota, NTT to make $3.3 bln R&D investment for AI self-driving, Nikkei reports
Toyota Motor and Japan's Nippon Telegraph and Telephone (NTT) will invest 500 billion yen ($3.26 billion) in research and ...
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Joby, Toyota Fly Electric Air Taxi in Japan
Manufacturer flies its flagship model, designed for a pilot to fly up to four passengers at 200 mph, outside the U.S. for the ...
New Toyota Century Brand Sits Above Lexus But Sold Through Lexus Dealers
Some 40 ultra-luxurious Century SUVs have been sold in China but from Lexus dealerships begging the question—why not just ...
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Suzuki unveils its first EV, a global electric SUV that will be re-badged as a Toyota
Japan’s Suzuki has finally unveiled its first all-electric vehicle. On Monday, Suzuki introduced the e Vitara in Europe, a ...
Toyota and BMW are the latest casualties in China's evolving EV market
Toyota and BMW reported sinking profits on Wednesday, with sales in China slumping as both face growing competition from ...
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Japan: Former Nagoya Mayor Takashi Kawamura of the Conservative Party of Japan is showered with water in Nagoya
Nagoya, Aichi, Japan - October 27, 2024 Former Nagoya Mayor Takashi Kawamura of the Conservative Party of Japan is showered with water in Nagoya, central Japan, on Oct. 27, 2024, after winning a House ...