Toyota stands defiant in face of production woes
Toyota says that ongoing production issues aren’t going to have an impact on its projected annual output of vehicles, confirming that its planned fiscal year output goal remains unchanged.
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toyota
Toyota confirms significant profit losses in latest quarter
Strong local sales haven’t quelled Toyota’s big picture, with the Japanese marque confirming significant losses in the first quarter of its current financial year. Reuters reports that the marque’s profit in Q1 was down 42% year-on-year, slumping from 997.40 billion yen to 578.66 billion yen.
Hilux remains leader of supply-constrained new car market
In spite of supply constraints the Toyota Hilux Ute remains Australia’s best-selling selling new car with 5178 units registered in May 2022, followed by the Toyota RAV4 with 3925, the Ford Ranger with 3751, the Toyota Corolla with 3310 and the Toyota Landcruiser with 2667.
Toyota and Stellantis to develop new electric van
Toyota and Stellantis are set to build a rival to Ford's upcoming Transit E-Custom, with the two companies announcing they are working together to develop a large commercial van with an electric powertrain. The van will be developed in partnership with Toyota Motor Europe (TME).
Toyota rebounds with record March production, strong fiscal year figures
Having battled supply shortages more than most, Toyota claimed a couple of important wins earlier this week. The world’s largest car brand confirmed that it produced more new cars in March than any month ever before.
BMW, Toyota, Honda and more suspend exports to Russia
As Russia’s invasion of Ukraine continues, the nation is now experiencing blowback from the motoring world. A steadily increasing list of car manufacturers have confirmed that they will suspend exports to Russia, with some also announcing plans to cease operations in Russia, too.
Toyota pauses all production in Japan following cyberattack
The world’s largest car manufacturer has suspended all its production in Japan after one of its suppliers, Kojima Industries Corporation, was hobbled by a suspected cyberattack.
Toyota recalls more than 18,000 vehicles with sensor issue
Toyota Australia has confirmed it will recall a total of 18,490 vehicles nationwide due to a radar sensor issue. The recall impacts the Yaris, Yaris Cross, GR Yaris hot hatch, and the C-HR.
Toyota Australia celebrates record 25 years of sales leadership
Toyota Motor Corporation is celebrating 25 years as the best-selling automotive brand in Australia following a record delivery of more than 223,642 new vehicles in 2021.
Toyota president unveils EV double-cab ute
Toyota Motor Corporation (TMC) says it is planning to have 30 new battery electric vehicles (BEV) in production by 2030 including passenger cars, SUVs, and commercial vehicles.
