Toyota

Toyota plans 400,000 factory robots, $6.4B annual spend from 2028

Toyota has outlined plans to deploy around 400,000 robots across its global manufacturing network, with an estimated annual investment of roughly 1 trillion yen ($6.4 billion) starting in 2028, in what would be one of the auto industry's largest automation…

Toyota plans 400,000 robots, $6.4B annual factory spend

Toyota Motor estimates it could spend 1 trillion yen ($6.4 billion) annually starting from 2028 to modernize its factories, as the world's largest automaker pushes ahead with one of the most ambitious robotics deployments in industrial history.

Toyota partners weigh tie-up as China JV model unravels

A potential tie-up between Toyota's two main Chinese partners is the latest sign that the foreign joint-venture model that shaped China's auto industry for decades is entering a new phase, as a shrinking market and fierce competition force automakers to…

Toyota to build next-gen Lexus EV in China first

Toyota Motor plans to begin production of a next-generation Lexus electric SUV at a new wholly owned plant in Shanghai in the fall of 2027, marking a rare departure from its long-standing practice of developing and manufacturing advanced models in…

Toyota, Honda shares rally on U.S.-Canada auto tariff deal reports

Shares of Toyota Motor and Honda Motor rose in Tokyo trading on Thursday after reports that the Trump administration is moving to cut tariffs on vehicles imported from Canada to 15% from the current 25%, easing pressure on automakers with…

Toyota raises annual profit forecast 13%, unveils $6.4B buyback

Toyota on Tuesday lifted its full-year operating profit forecast by 13% and unveiled a share repurchase program worth up to 1 trillion yen ($6.4 billion), even as the world's largest automaker reported a fifth consecutive quarter of declining earnings weighed…

Toyota expected to post fifth straight profit drop amid quake disruption

Toyota is forecast to report a fifth consecutive quarterly operating profit decline when it releases April-June results on Tuesday, as weaker vehicle sales, rising supply chain costs, and disruption from a recent earthquake in southern Japan weigh on the world's…

Toyota, Honda halt Kyushu plants through Friday after earthquake

Toyota said on Wednesday it would halt operations at three plants in southern Japan through Friday, July 31, after a 7.1-magnitude earthquake struck Kumamoto Prefecture, disrupting suppliers and logistics across the region.

Europe’s EV sales top 1 million in first half of 2026

Battery electric vehicle registrations in Europe surpassed 1 million units in the first half of 2026, marking a milestone as subsidies, policy support, and elevated petrol prices continued to accelerate the continent's shift away from combustion engines, according to data…

Nvidia, Toyota expand AI partnership to factories and smart cities

Nvidia and Toyota announced Thursday a broad expansion of their decade-long AI partnership, extending collaboration from autonomous driving into factory automation, smart city infrastructure, and urban traffic intelligence systems.

BYD says it can overtake Toyota without the US market

BYD can unseat Toyota as the world's largest carmaker by sales without access to the American market, according to the executive spearheading the Chinese automaker's global expansion, the Financial Times reported on Tuesday.

Toyota, Honda, Nissan post steep China sales drops in H1

Toyota, Honda, and Nissan all posted steep year-on-year sales drops in China during the first half of 2026, underscoring how rapidly Japanese automakers are losing ground in the world's largest car market to domestic electric vehicle makers.

Toyota expands overseas production cuts to 100,000 vehicles amid Hormuz crisis

Toyota is scaling back overseas vehicle production by approximately 100,000 units through February 2027, according to reporting by Nikkei, as the automaker grapples with weakening demand and logistical disruptions tied to the de facto closure of the Strait of Hormuz.

Toyota, Nissan warn Japanese buyers of US-built car defects

Toyota and Nissan are warning Japanese customers that vehicles built in American factories and exported to Japan may not meet the cosmetic standards typically expected in the domestic market. The disclaimers, published on the automakers' Japanese retail pages, flag potential…

Toyota wins 2026 Le Mans 24 Hours, ending Ferrari’s streak

The No. 7 Toyota TR010 Hybrid of Kamui Kobayashi, Mike Conway, and Nyck de Vries crossed the finish line on Sunday at the Circuit de la Sarthe to claim victory in the 94th running of the 24 Hours of Le…

BMW claims first WEC Hypercar win with 1-2 at Spa

BMW Bayerische Motoren Werke AG M Team WRT delivered a landmark 1-2 finish at the 6 Hours of Spa-Francorchamps on Saturday, claiming its first-ever FIA World Endurance Championship Hypercar victory and its first overall win in an ACO rules race…