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Toyota said it is sticking to an annual global production target announced in September of 9 million vehicles for the year to March

Toyota extends production stoppages in Japan

Toyota said it would extend stoppages at some factories in Japan as it runs short of components from plants in Southeast Asia where production has been disrupted by Covid-19 lockdowns.

Business • 14 Dec 21

Nissan said it will introduce 23 electrified vehicles by 2030

Nissan to spend $17.6 billion in electrification push

Nissan has said it will spend 2 trillion yen ($17.59 billion) over the next five years to accelerate vehicle electrification, aiming to catch up with rivals in one of the fastest growth areas for the automobile industry.

Business • 29 Nov 21

Toyota said that in many areas of the world, such as Asia and Africa, an environment suitable for promoting full zero emission transport has not yet been established

Toyota says world not yet ready for zero-emission cars

Large parts of the world are not ready for zero-emission vehicles, which is why Toyota did not sign a pledge this week to phase out fossil-fuel cars by 2040, the world's largest car maker has said.

Business • 12 Nov 21

Toyota has been forced to cut output due to the chip shortage and lockdown measures that have slowed production at factories in Malaysia and Vietnam

Toyota boosts profit outlook, warns of production risks

Japan's Toyota has today raised its profit outlook helped by favourable currency rates but warned that the global semiconductor shortage still posed risks to its full-year production plans.

Business • 04 Nov 21

The Japanese car maker said it now expects to build 9 million vehicles in the year to the end of March

Toyota cuts car production target on shortage of chips

Toyota Motor has cut its annual production target by 300,000 vehicles as a slowdown in output at Covid-19 hit parts factories in Vietnam and Malaysia added to the pain of a global shortage of auto chips.

Business • 10 Sep 21

The Delta variant outbreak across Southeast Asia has hit Toyota's procurement of auto parts

Toyota to cut September production by 40% - report

Toyota will reduce global production for September by 40% from its previous plan due to the worldwide shortage of semiconductors, the Nikkei business daily reported today.

Business • 19 Aug 21

Toyota has so far been largely unscathed by the global chip shortage due to its stockpiling policy

Toyota expects profit rebound, shrugs off pandemic slum

Toyota said today that it expects operating profit to grow by 14% to 2.50 trillion yen ($23 billion) this year as it shrugs off a coronavirus sales slump and a chip shortage that has hindered other car makers.

Business • 12 May 21

Investors will be tuned into any assessment of the future impact of a global chip shortage that has forced a shake-up in car production

Chip shortage in focus for Japanese car makers

While Japan's biggest automakers report what analysts expect to be depressed earnings this week, investors looking for trading cues will be tuned into any assessment of the future impact of a global chip shortage that has forced a shake-up in production.

Business • 10 May 21

Toyota is the world's biggest car maker by vehicle sales

Toyota increases its profit forecast by 54%

Toyota said it has an up to four-month stockpile of chips and was not immediately expecting a global chip shortage to hit production, as it jacked up its full-year earnings forecast by a bigger-than-expected 54%.

Business • 10 Feb 21

Toyota said its group-wide global sales fell 11.3% to 9.5 million vehicles in 2020.

Toyota overtakes VW to become top selling car brand

Japan's Toyota overtook Germany's Volkswagen in vehicle sales last year, regaining pole position as the world's top selling automaker for the first time in five years.

Business • 28 Jan 21

The $38 billion merger of Fiat Chrysler and French peer PSA will create the world's fourth biggest carmaker

EU competition regulators clear Fiat-PSA merger

EU competition regulators have today approved - with conditions - the $38 billion merger of Fiat Chrysler and French peer PSA to create the world's fourth biggest carmaker.

Business • 21 Dec 20

Toyota, which makes the Prius hybrid, said it now expects to sell 9.42 million cars this year

Toyota more than doubles full year profit outlook

Toyota has more than doubled its full-year operating profit forecast, as vehicle sales rebound in China from a coronavirus pandemic squeeze earlier this year that contributed to a 24% slide in second-quarter earnings.

Business • 06 Nov 20

Toyota, Japan's biggest car maker, grapples with the impact of the coronavirus which has sapped global demand for cars

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

Toytoa is closely watching the impact of the new coronavirus in China, where the firm has suspended operations at more than 10 plants

Toyota posts nine-month profit gain, upgrades forecast

Japanese car giant Toyota has reported a surge in net profit on record sales for the nine months to December, and upgraded its full-year profit forecasts.

Business • 06 Feb 20

Toyota President and CEO Akio Toyoda and Bjarke Ingels Group founder Bjarke Ingels at CES in Las Vegas

Toyota to build prototype city of the future in Japan

Toyota said it plans to build a prototype "city of the future" at the base of Japan's Mount Fuji, powered by hydrogen fuel cells and functioning as a laboratory for autonomous cars, "smarthomes," artificial intelligence and other technologies.

Business • 07 Jan 20

Toyota executives have said there would be no way to avoid a negative impact in the event of a no-deal Brexit

Toyota's annual net profit drops by a quarter

Japanese car giant Toyota said today that its annual net profit fell by a quarter, despite record sales, blaming investment losses - but it forecast an upturn in the year ahead.

Business • 08 May 19

BMW builds just over 15% of Britain's 1.5 million cars

BMW, Peugeot go ahead with UK plant shutdowns

BMW's Mini plant in Britain closed for four weeks from yesterday and Peugeot's Vauxhall car factory shuts for two weeks in moves planned months ago to help the firms deal with any disruption resulting from Brexit, which has since been delayed.

Business • 02 Apr 19

Toyota has said there was no way to avoid a negative impact in the event of a no-deal Brexit

Toyota cuts annual profit forecast, warns over Brexit

Japanese car giant Toyota has today cut its full-year net profit forecast after saying its nine-month figure had tumbled nearly 30% as it was hit by investment losses.

Business • 06 Feb 19

Volkswagen Group is neck-and-neck with Renault-Nissan-Mitsubishi in the race to be the world's biggest carmaker

Volkswagen delivered 10.8 million cars in 2018

Volkswagen Group said today its passenger car deliveries rose 0.9% last year to a record 10.83 million.

Business • 11 Jan 19

Toyota has recalled more than 2.4 million hybrid cars around the world

Toyota recalls 2.4 million hybrid cars over stall fault

Toyota is recalling a total of 2.43 million hybrid vehicles around the world over a hybrid system issue which can lead to stalling.

Business • 05 Oct 18

A spokesman for Toyota Ireland said the recall will affect about 3,900 vehicles here

Toyota recalling 1.3 million vehicles for safety checks

Toyota is recalling 1.3 million of its vehicles built between June 2015 and May of this year for safety checks.

Business • 07 Sep 18

Toyota confirmed that it will make its new Auris hatchback at Burnaston in Derbyshire

Toyota to build new Auris car at UK plant

Toyota said today it will build the next generation of its Auris car in England in a welcome boost to Prime Minister Theresa May as Britain leaves the European Union.

Business • 28 Feb 18

Toyota posted 673.6 billion yen in operating profit for the three months from October to December, a 54% jump

Toyota posts 54% jump in Q3 profit, lifts forecasts

Toyota lifted its full-year profit forecast by 10% today after posting its best quarterly operating profit in two years, boosted by a weaker yen and strong sales at home.

Business • 06 Feb 18

France's Renault posted a 17.6% increase in group registrations powered by strong demand for its Dacia lineup

Renault and Toyota lead 5.9% European car sales gain

European car sales rose 5.9% in October, according to industry data published today, with Renault and Toyota leading the gains among the big car makers.

Business • 16 Nov 17

Toyota builds the current generation of Auris hatchbacks at its Burnaston plant in England

Toyota to build new Auris in UK if Brexit deal secured

Toyota intends to build the next version of its Auris car at its UK car plant on the assumption that the government secures a transitional Brexit deal, two sources familiar with the matter told Reuters.

Business • 06 Oct 17