The decline was in part due to a weak sales market in China.

The automaker will beef up production of hybrid vehicles.

It has been testing self-driving mobility services since 2017.

It will make the Probox van and Mazda-branded Familia van.

Its third-quarter net profit jumped to US$7 billion.

It is the world's top automaker for the fourth year in a row.

Tokyo, Japan - Toyota said Monday it was suspending shipments of 10 models that use engines linked with testing irregularities at an affiliate company. The affiliate, Toyota Industries, did not conduct proper horsepower output testing for the certification of three diesel engine models, the parent group said. The automaker said the...

The company said it had been manipulating safety tests since at least 1989, affecting 64 models, including some sold under the Toyota brand which also are being suspended. In April it said it had been falsifying crash test results for four of its models, involving a total of 88,000 vehicles...

The company plans a $13.9bn investment in a battery plant.

The news of system glitch sent Toyota's stocks into the red, trading 0.64 percent lower at 2,421.0 yen. But the shock selling seemed to have slowed before the midday break in Tokyo markets.

The automaker's profit surged 78 percent to US$9.1 billion.

SEOUL, SOUTH KOREA - Hyundai Motor said on Tuesday it aims to sell two million electric vehicles a year by 2030, raising its target from the 1.87 million it set last year as the market for clean-energy vehicles continues to soar. It also announced plans to invest a total of 109.4 trillion...

It retained lead over the rival Volkswagen for the third year.

Tokyo, Japan— Toyota kept its annual net profit forecast unchanged on Tuesday, as the weaker yen offsets supply-chain disruptions that have forced the Japanese car giant to slash production targets. The world's top-selling automaker said it now expects to sell half a million fewer vehicles in the current financial year because...

The court dismisses appeal over $270m import tax bill.

Part of the cash is included in a huge two-trillion budget for the development and production of auto batteries that was announced by the Japanese giant in December, a spokesman told AFP. Automakers are speeding up the transition to electric as pressure grows from governments to move away from cars...

The growth was helped by strong sales and a cheaper yen.

The company was the world's top-selling carmaker in 2021.

The company overcomes chip shortage, supply chain woes.

The world's top-selling automaker has recovered quicker than its competitors from some of the impact from Covid.

Japanese firm Toyota is the world’s biggest carmaker.

Auto exports to the region are likely to suffer for the next more than a year due to an estimated net production loss of 3.9 million vehicles globally. Besides the automobile sector, e-gadgets, the smartphone and video gaming industries were impacted by the shortage.

Egypt and Toyota of Japan are looking to explore investment opportunities in blue ammonia, and in this regard the Egyptian Ministry of Petroleum signed a memorandum of understanding with Japan's Toyota Tsusho.

The world's largest automaker had planned to build just under 900,000 vehicles next month