TOKYO (AP) — Toyota is investing 730 billion yen ($5.6 billion) in Japan and the U.S. to boost production of batteries for electric vehicles, the Japanese automaker said Wednesday.
TOKYO (AP) — Toyota’s profit fell nearly 18% in the April-June quarter from the year before, as a semiconductor shortage that has slammed the auto industry dented production at Japan’s top automaker.
TOKYO (AP) — Nintendo’s profit in the April-June quarter rose 28% from a year earlier on healthy demand for its games, although its console sales were dented by a shortage of semiconductors.
The Japanese video game maker behind the Super Mario and Pokemon franchises said Wednesday its profit in the last quarter totaled 118.9 billion yen ($895 million), up from 92.7 billion yen in the same period in 2021.
TOKYO (AP) — Toyota’s flagship model in Japan, the Crown, is going on sale around the world for the first time, including in the U.S.
“I’m so excited to announce today that this new Crown family of vehicles will be offered not just in Japan but globally for the very first time,” its Chief Executive Akio Toyoda told reporters Friday.
TOKYO (AP) — Toyota is recalling 2,700 bZ4X crossover vehicles globally for wheel bolts that could become loose, in a major setback for the Japanese automaker’s ambitions to roll out electric cars.
TOKYO (AP) — Shares were mostly lower in Asia on Thursday as investors watched for fresh signs of inflation and crude oil prices hovered above $120 a barrel, adding to price pressures.
Benchmarks declined across the region, except in Tokyo, where a weakening yen sent issues of some Japanese exporters higher.
TOKYO (AP) — Toyota's profit declined 31% in the January-March quarter from the year before, but the Japanese automaker still wrapped up a year of record earnings.
Toyota Motor Corp. reported Wednesday a profit of 533.8 billion yen ($4.1 billion) in the last quarter, down from 777.1 billion yen the previous fiscal year.
TOKYO (AP) — Zipline, an American company that specializes in using autonomously flying drones to deliver medical supplies, has taken off in Japan.
They’re flying, starting Thursday, across the tiny Goto Islands, off the western coast of Kyushu, in southwestern Japan, delivering to pharmacies and hospitals.
PRINCETON, Ind. (AP) — Toyota Motor Corp. will pause production at its southwestern Indiana assembly pant for five days in April because of supply chain disruptions.
TOKYO (AP) — Japan’s top automaker Toyota will scale back domestic production over the next three months because of a supply crunch in chips and other parts that have slammed the global auto industry.
BUFFALO, W.Va. (AP) — Toyota Motor Corp. announced Friday that it will further expand production of electric vehicle parts at plants in West Virginia and Tennessee in a $90 million investment.
The announcement comes three months after the Japanese automaker said it would invest $240 million to add a production line dedicated to hybrid powertrains at its facility in Buffalo, West Virginia.
TOKYO (AP) — Toyota’s profit slipped nearly 6% last quarter, the Japanese automaker said Wednesday, highlighting the headwinds automakers are facing in a computer chips crunch caused by the coronavirus pandemic.
TOKYO (AP) — Toyota has settled a lawsuit that blamed overwork and harassment for the suicide of one of its employees.
Toyota Motor Corp. President Akio Toyoda has apologized to the family, the Japanese automaker said Tuesday.
TOKYO (AP) — Toyota is working with Japan's space agency on a vehicle to explore the lunar surface, with ambitions to help people live on the moon by 2040 and then go live on Mars, company officials said Friday.
BANGKOK (AP) — Shares were lower in Asia on Friday after a late afternoon sell-off wiped out gains for stocks on Wall Street.
Tokyo fell 1.4% after Toyota Motor Corp.
TOKYO (AP) — The shortage of parts caused by the coronavirus pandemic is further denting production at Toyota, Japan’s top automaker.
Production at 11 plants in Japan will be halted Friday, Saturday and next Monday, Toyota Motor Corp.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday:
Eli Lilly and Co., up $25.90 to $275.28.
The pharmaceutical company gave investors an encouraging update on its financial forecasts and drug development.
TOKYO (AP) — Japanese automaker Toyota is beefing up its electric vehicle lineup, offering 30 new fully electric models by 2030, its president, Akio Toyoda, said Tuesday.
Toyota Motor Corp. plans to sell 3.5 million electric vehicles globally in 2030, he said, up from its earlier plan to sell 2 million zero emission hydrogen and battery electric vehicles a year worldwide by 2030.
BUFFALO, W.Va. (AP) — Toyota Motor Corp. announced Thursday it will add a production line dedicated to hybrid powertrains at its West Virginia facility in a $240 million investment.
The announcement comes nine months after the Japanese automaker said it would invest $210 million at the plant in Buffalo, West Virginia, and add 100 new jobs to expand capacity of its four- and six-cylinder engine lines.
TOKYO (AP) — Japanese electronics maker Sony and TSMC of Taiwan said Tuesday they plan to jointly build a computer chip plant in Japan with an initial investment of $7 billion.
The plant in the southwestern city of Kumamoto will be the first foundry in Japan for TSMC, one of the world’s leading chipmakers.
TOKYO (AP) — Japan’s top automaker Toyota reported Thursday a 33% jump in second fiscal quarter profit, as it raised its full year forecast despite supply chain woes related to the coronavirus pandemic.
TOKYO (AP) — Toyota said Monday it is testing hydrogen combustion engines in race cars as it works toward using the technology in commercial products.
Such engines burn hydrogen as fuel instead of gasoline, much like rockets.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Monday:
Sinclair Broadcast Group Inc., down 80 cents to $26.39.
The television broadcasting company suffered a data breach and is working to determine what information the data contained.
TOKYO (AP) — Nippon Steel Corp. is suing Toyota Motor Corp. over a patent for a technology used in electric motors in a rare case of legal wrangling between Japan’s top steelmaker and top automaker over intellectual property.
HUNTSVILLE, Alabama (AP) — Production has begun at a new auto plant in north Alabama and the companies running the facility continue to hire workers at a brisk pace.
Work on the first 2022 Corolla Cross vehicles began with the press of a button at the Mazda Toyota Manufacturing, a joint venture between Mazda Motor Corp.
TOKYO (AP) — Japanese automaker Toyota is revving up acquisitions in mobility technology, adding Renovo Motors Inc., a Silicon Valley software developer, to its Woven Planet team, which is working on automated driving.
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday:
Toyota Motor Corp., down $7.18 to $168.55.
The carmaker will cut production in September because of a parts shortage.
TOKYO (AP) — Toyota reported Wednesday a record 897.8 billion yen ($8.2 billion) profit for the fiscal first quarter, underlining the Japanese automaker’s resilience even amid the coronavirus pandemic.
DETROIT (AP) — Ford Motor Co. and a self-driving vehicle company it partly owns will join with the Lyft ride-hailing service to offer autonomous rides on the Lyft network.
The service using Ford vehicles and a driving system developed by Pittsburgh-based Argo AI will begin in Miami later this year and start in Austin, Texas, in 2022.
TOKYO (AP) — Japan’s top automaker Toyota is adding two companies specializing in tiny “kei” cars, Daihatsu and Suzuki, to a partnership in commercial vehicles it set up with Hino and Isuzu earlier this year.
TOKYO (AP) — Toyota plans to hire more people and invest heavily in its subsidiary Woven Planet to work on mobility technology so the Japanese automaker stays competitive amid the global shift to using artificial intelligence and robotics in everyday driving.
TOKYO (AP) — Japanese technology conglomerate SoftBank Group Corp. returned to profitability for the fiscal year that ended in March, it said Wednesday, boosted by the strong performance of its sprawling investments as stock prices surged...
TOKYO (AP) — Toyota reported Wednesday its profit more than doubled in January-March from a year earlier to 777 billion yen ($7 billion), as the Japanese automaker’s sales recovered from the pandemic...
TOKYO (AP) — Japan's top automaker Toyota, auto parts maker Denso and internet company SoftBank's investment fund are investing $1 billion in car-sharing Uber's technology unit...
TOKYO (AP) — It can't dribble, let alone slam dunk, but Toyota's basketball robot hardly ever misses a free throw or a 3-pointer...
TOKYO (AP) — Tokyo's Olympics may become known as the "Robot Games."
Organizers on Friday showed off robots that will be used at the new National Stadium to provide assistance for fans using wheelchairs...
BMW AG's sales were flat last month, a good enough performance to tighten the race with rival Mercedes-Benz, which suffered the biggest drop among the top four luxury auto brands.
TOKYO (AP) — Toyota Motor Corp. and Panasonic Corp. are setting up a joint venture to research, manufacture and sell batteries for ecological autos, an increasingly lucrative sector amid concerns about global warming...
Mazda Motor Corp. will continue to develop diesel technologies and won't rush to embrace electric vehicles, even as tougher emission rules globally spur rivals including Nissan Motor Co. to step up their plans for environmentally friendly cars.
Tax cuts signed by an America First president are turning out to be a major boon to some of the world's biggest automakers — except those based in the U.S.
General Motors Co. took a $7.3 billion charge in the fourth quarter because the assets it racked up from having reported years of losses in the past are no longer as valuable with the lower U.S.
TOKYO (AP) — Japan, home of the "kawaii" cult of cute, has always had a soft spot for companion robots, in contrast to the more industrial or mechanical types used for assembly lines, surgeries and military missions...
YOKOHAMA, Japan (AP) — Aiming to get an edge on its rivals in an intensely competitive industry, Japanese automaker Nissan says it's attempting to foster a corporate culture that will produce manufacturing innovations in leaps and bounds instead of steady incremental improvement...
TOYOTA, Japan (AP) — Toyota Motor Corp. is working on a "flying car."
A startup backed by the Japanese automaker has developed a test model that engineers hope will eventually develop into a tiny car with a driver who'll be able to light the Olympic torch in the 2020 Tokyo games...
TOKYO (AP) — Toyota is introducing a wearable robotic leg brace designed to help partially paralyzed people walk...
TOKYO (AP) — Toyota held onto its status as the world's top-selling automaker in the first quarter of this year, although the three-way race with General Motors and Volkswagen is proving tight, as its sales fall in China and Japan.