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 ...
Why Toyota Motor Rallied Today
Shares of Toyota Motor (NYSE: TM) rallied 4.8% on Wednesday as of 2:23 p.m. ET. Toyota is the largest automaker in the world, ...
Toyota sells 10.8M vehicles in 2024, keeps global sales crown for fifth year
Toyota retained its top spot in 2024, selling 10.8M vehicles despite a 3.7% drop, with hybrid sales surging amid challenges ...
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 ...
Toyota Motor posts nearly 28% drop in third-quarter operating profit, missing estimates
Toyota Motor on Wednesday reported a second consecutive fall in profit, as it navigates competition in China and a market ...
Toyota Is World’s No. 1 Carmaker for Fifth Year in a Row, Beating Out VW
Hybrids represented nearly half of Toyota's global sales in 2024, so not going all-in on EVs has seemingly paid off.