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Toyota Industries shares set to surge on potential deal

Shares of Toyota Industries were set for their biggest daily jump on record today after Japanese car maker Toyota said it was considering a potential buyout of the key parts supplier, which has a market value of 4 trillion yen ($28 billion).
Business • 28 Apr

Toyota remains world's top-selling carmaker

Toyota Motor retained its crown as the world's top-selling automaker for the fourth consecutive year after posting record annual sales of 11.2 million in 2023, though its chairman apologised today for scandals at three group companies.
Business • 30 Jan 24

Lexus chief to take over Toyota as Toyoda steps down

Toyota's chief executive will step down as head of the company his grandfather founded, the car maker said today, handing over to the leader of its Lexus luxury brand as the Japanese giant struggles to meet the shift to electric vehicles.
Business • 26 Jan 23

Toyota expects profit to drop 80% this year

Toyota said today it expects its profits to drop 80% to its lowest in nine years, as Japan's biggest automaker grapples with the impact of the coronavirus which has sapped global demand for vehicles.
Business • 12 May 20

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