Trump order brings lower Japanese car tariffs into effect US President Donald Trump has signed an order to implement lower tariffs on Japanese automobile imports and other products that were announced in July, providing some relief to Japan's export-heavy economy. Business • 17 hrs
Trump order brings lower Japanese car tariffs into effect US President Donald Trump has signed an order to implement lower tariffs on Japanese automobile imports and other products that were announced in July, providing some relief to Japan's export-heavy economy. Business • 17 hrs
Toyota cuts profit estimate, expects $9.5bn tariff hit Toyota Motor cut its full-year operating profit forecast by 16% today, expecting a nearly $10 billion hit from US tariffs on imported cars and grappling with higher material prices and a stronger yen. Business • 07 Aug
Toyota cuts profit estimate, expects $9.5bn tariff hit Toyota Motor cut its full-year operating profit forecast by 16% today, expecting a nearly $10 billion hit from US tariffs on imported cars and grappling with higher material prices and a stronger yen. Business • 07 Aug
Toyota to move some GR Corolla production to UK - sources Toyota is moving some production of its GR Corolla sports car to Britain and will spend around $56m on a dedicated line there to build exports for North America, according to two people with knowledge of the matter. Business • 27 May
Toyota to move some GR Corolla production to UK - sources Toyota is moving some production of its GR Corolla sports car to Britain and will spend around $56m on a dedicated line there to build exports for North America, according to two people with knowledge of the matter. Business • 27 May
Nvidia's new robot training tech, gaming chips, car deal Nvidia has taken the wraps off new products such as artificial intelligence to better train robots and cars, souped-up gaming chips and its first desktop computer, as it expounded upon its potential to expand its business. Business • 07 Jan
Nvidia's new robot training tech, gaming chips, car deal Nvidia has taken the wraps off new products such as artificial intelligence to better train robots and cars, souped-up gaming chips and its first desktop computer, as it expounded upon its potential to expand its business. Business • 07 Jan
Toyota posts first quarterly profit drop in two years Toyota Motor has today posted its first quarterly profit drop in two years, as slowing sales and production volume stalled the world's top-selling automaker's recent record run. Business • 06 Nov 24
Toyota posts first quarterly profit drop in two years Toyota Motor has today posted its first quarterly profit drop in two years, as slowing sales and production volume stalled the world's top-selling automaker's recent record run. Business • 06 Nov 24
New electric cars licensed so far this year down 25% New figures from the Central Statistics Office reveal a 25% slow down in the number of electric cars licensed for the first time in the first eight months of 2024 when compared with the same time last year. Business • 10 Sep 24
New electric cars licensed so far this year down 25% New figures from the Central Statistics Office reveal a 25% slow down in the number of electric cars licensed for the first time in the first eight months of 2024 when compared with the same time last year. Business • 10 Sep 24
Toyota bets big on hybrid-only models as EV demand slows Toyota may be one of the slowest legacy automakers to develop electric vehicles but it could be the first to jettison cars powered only by gasoline. Business • 15 Aug 24
Toyota bets big on hybrid-only models as EV demand slows Toyota may be one of the slowest legacy automakers to develop electric vehicles but it could be the first to jettison cars powered only by gasoline. Business • 15 Aug 24
Toyota posts 17% increase in Q1 profit but shares tumble Toyota Motor has today posted a 17% increase in first-quarter profit, as cost-cutting and a weaker yen helped offset lower sales and a decline in production at home. Business • 01 Aug 24
Toyota posts 17% increase in Q1 profit but shares tumble Toyota Motor has today posted a 17% increase in first-quarter profit, as cost-cutting and a weaker yen helped offset lower sales and a decline in production at home. Business • 01 Aug 24
Japan car safety scandal widens, Toyota halts shipments A safety test scandal at Japanese automakers has widened, with Toyota and Mazda both halting shipments of some vehicles after Japan's transport ministry found irregularities in applications to certify certain models. Business • 04 Jun 24
Japan car safety scandal widens, Toyota halts shipments A safety test scandal at Japanese automakers has widened, with Toyota and Mazda both halting shipments of some vehicles after Japan's transport ministry found irregularities in applications to certify certain models. Business • 04 Jun 24
Toyota ups annual profit forecast after Q3 beats forecast Japan's Toyota Motor has today raised its full-year operating profit forecast by nearly 9%, after its third-quarter earnings raced past analysts' estimates thanks to a weaker yen and strong sales of high-margin cars and hybrid vehicles. Business • 06 Feb 24
Toyota ups annual profit forecast after Q3 beats forecast Japan's Toyota Motor has today raised its full-year operating profit forecast by nearly 9%, after its third-quarter earnings raced past analysts' estimates thanks to a weaker yen and strong sales of high-margin cars and hybrid vehicles. Business • 06 Feb 24
Toyota's global output surges to record in November Toyota Motor's global production jumped 11% in November to a record level, bouncing back from last year's supply chain disruptions and benefiting from robust demand both in Japan and overseas. Business • 27 Dec 23
Toyota's global output surges to record in November Toyota Motor's global production jumped 11% in November to a record level, bouncing back from last year's supply chain disruptions and benefiting from robust demand both in Japan and overseas. Business • 27 Dec 23
Toyota to restart Japan production tomorrow Toyota said it will restart operations at its assembly plants in Japan tomorrow, after a production system malfunction brought domestic output to a halt at the world's biggest-selling automaker. Business • 29 Aug 23
Toyota to restart Japan production tomorrow Toyota said it will restart operations at its assembly plants in Japan tomorrow, after a production system malfunction brought domestic output to a halt at the world's biggest-selling automaker. Business • 29 Aug 23
New car registrations up 23.9% in July - SIMI There were 27,148 new cars registered last month, according to the Society of the Irish Motor Industry, that marked an increase of 23.9% year-on-year. Business • 02 Aug 23
New car registrations up 23.9% in July - SIMI There were 27,148 new cars registered last month, according to the Society of the Irish Motor Industry, that marked an increase of 23.9% year-on-year. Business • 02 Aug 23
Toyota nearly doubles its first quarter profits Toyota nearly doubled its operating profit in the first quarter, the Japanese car maker said today, helped by increased sales and productivity as well as the tailwind from the weaker yen. Business • 01 Aug 23
Toyota nearly doubles its first quarter profits Toyota nearly doubled its operating profit in the first quarter, the Japanese car maker said today, helped by increased sales and productivity as well as the tailwind from the weaker yen. Business • 01 Aug 23
Toyota unveils plan for new battery tech, EV innovation Toyota has said it will introduce high-performance, solid-state batteries and other technologies to improve the range and performance and to cut costs of its electric vehicles. Business • 13 Jun 23
Toyota unveils plan for new battery tech, EV innovation Toyota has said it will introduce high-performance, solid-state batteries and other technologies to improve the range and performance and to cut costs of its electric vehicles. Business • 13 Jun 23
Toyota sees 10% rise in annual profit after bumper Q4 Toyota Motor is forecasting a 10% rise in annual operating income after its latest quarterly profit surged 35%, as the world's largest automaker expects higher sales in major markets amid an easing of global chip supply woes. Business • 10 May 23
Toyota sees 10% rise in annual profit after bumper Q4 Toyota Motor is forecasting a 10% rise in annual operating income after its latest quarterly profit surged 35%, as the world's largest automaker expects higher sales in major markets amid an easing of global chip supply woes. Business • 10 May 23
Toyota's Q3 profit jumps 22%, buoyed by weak yen Japan's Toyota Motor posted a surprise 22% rise in third-quarter operating profit, as a weaker yen and higher sales volumes helped the world's top automaker overcome a jolt from the soaring costs of raw materials. Business • 09 Feb 23
Toyota's Q3 profit jumps 22%, buoyed by weak yen Japan's Toyota Motor posted a surprise 22% rise in third-quarter operating profit, as a weaker yen and higher sales volumes helped the world's top automaker overcome a jolt from the soaring costs of raw materials. Business • 09 Feb 23
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
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's global vehicle production jumps 23% in October Toyota has reported a 23% rise in October global vehicle output, beating its own target for a third month in a row, as the industry strives to get past persistent chip shortages that have hobbled production. Business • 29 Nov 22
Toyota's global vehicle production jumps 23% in October Toyota has reported a 23% rise in October global vehicle output, beating its own target for a third month in a row, as the industry strives to get past persistent chip shortages that have hobbled production. Business • 29 Nov 22
Toyota posts worse-than-expected drop in profits Toyota Motors has posted a worse-than-expected 25% drop in quarterly profit and cut its annual output target, as the Japanese firm battles surging material costs and a persistent semiconductor shortage. Business • 01 Nov 22
Toyota posts worse-than-expected drop in profits Toyota Motors has posted a worse-than-expected 25% drop in quarterly profit and cut its annual output target, as the Japanese firm battles surging material costs and a persistent semiconductor shortage. Business • 01 Nov 22
Toyota goes back to basics with car keys Toyota has discovered that even keys can be too "smart" for their own good. Business • 27 Oct 22
Toyota goes back to basics with car keys Toyota has discovered that even keys can be too "smart" for their own good. Business • 27 Oct 22
Toyota restarts output of first EV after fixing issues Toyota said it would restart production of its first electric vehicle, the bZ4X, today after fixing potential safety problems that had halted sales of the new battery-powered model for more than three months. Business • 06 Oct 22
Toyota restarts output of first EV after fixing issues Toyota said it would restart production of its first electric vehicle, the bZ4X, today after fixing potential safety problems that had halted sales of the new battery-powered model for more than three months. Business • 06 Oct 22
Toyota global vehicle production up 44.3% in August Toyota has said its global vehicle production grew at a record pace for the month of August, as the sector recovered from the Covid-19 pandemic and production capacity increased. Business • 29 Sep 22
Toyota global vehicle production up 44.3% in August Toyota has said its global vehicle production grew at a record pace for the month of August, as the sector recovered from the Covid-19 pandemic and production capacity increased. Business • 29 Sep 22
Toyota Q1 profit falls as supply constraints, costs hit Toyota Motor's profit slumped a worse-than-expected 42% in its first quarter as the Japanese automaker was squeezed between supply constraints and rising costs. Business • 04 Aug 22
Toyota Q1 profit falls as supply constraints, costs hit Toyota Motor's profit slumped a worse-than-expected 42% in its first quarter as the Japanese automaker was squeezed between supply constraints and rising costs. Business • 04 Aug 22
Toyota dethrones GM as US sales leader Japanese automaker Toyota outsold General Motors in the US in 2021, marking the first time the Detroit automaker has not led US car sales for a full year since 1931. Business • 05 Jan 22
Toyota dethrones GM as US sales leader Japanese automaker Toyota outsold General Motors in the US in 2021, marking the first time the Detroit automaker has not led US car sales for a full year since 1931. Business • 05 Jan 22