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...and Toyota Group as a whole”....
...Toyota is exploring two investments in the UK, including a new model at its Derbyshire car plant and the mass manufacturing of hydrogen fuel cells, after the government pushed back a ban on the sale of new...
...Renesas Electronics has agreed to pay A$8.8bn ($5.8bn) in cash to acquire Australian software design tools provider Altium, as the Japanese chipmaker steps up an acquisition spree to diversify its business...
...When asked whether Toyota was now able to produce solid-state batteries at the same rate as current lithium-ion batteries, a Toyota engineer said: “In terms of the stacking speed, we are almost there....
...A takeover bid from Germany’s Merck prompted JSR, a Japanese chip materials maker, to seek a buyout from a state-backed fund, in a deal that has sparked investor scrutiny on rising government intervention...
...Three US senators have voiced concern about Nippon Steel’s business ties in China, opening a new front in a political effort to stop the Japanese group from completing its proposed $14.9bn acquisition of...
...Japanese carmaker Toyota has trumpeted its progress, pledging to deliver solid-state batteries as early as 2027....
...Japan’s Topix fell 0.8 per cent in early trading ahead of earnings releases from Toyota Motor and Mitsubishi Corporation, which were both down 0.8 per cent. South Korea’s Kospi shed 0.6 per cent....
...This followed an internal investigation which revealed that supplier Toyota Industries Corp had been manipulating test results to gain certification for its cars....
...Carl Vine, a portfolio manager at M&G and a Toyota shareholder, thinks the company has “gotten an unfair rap in recent years”....
...He also said he wanted group companies to select their leaders based on their abilities as “master drivers” — a Toyota designation that is based on technical skill and ability to judge the progress of a...
...For now, Japanese automakers still have a stranglehold on the local market, with a combined share of more than 90 per cent....
...The Japanese company increased its operating profit forecast for the year to March to ¥4.9tn ($34bn) from ¥4.5tn and said that profit in its fiscal third quarter hit ¥1.7tn, an increase from ¥957bn a year...
...Toyota promised “a fundamental reform” to revive its subsidiary....
...A scandal over safety testing at Japanese carmaker Daihatsu is shaping up as a pressure point for change at its parent Toyota....
...Related stories Toyota to invest in TSMC arm for 2nd Kumamoto chip plant in Japan China overtakes Japan in auto exports with boost from EVs Toyota unit funds Japanese start-up for ‘flying minitruck’ drone...
...In an example of the present rhyming with the past, airbags also featured in another big Japanese product scandal....
...The latest findings have affected a total of 64 models, including 22 models sold by Toyota....
...The Japanese group said it would also carry out a share buyback worth ¥100bn....
...In July, Toyota raised nearly ¥250bn ($1.7bn) by selling some of its shares in Japanese telecoms group KDDI....
...Toyota, too, is working on the same technique as it aims for a massive ramp-up of EV production....
...Japanese government-backed fund....
...Production would be increased in a phased approach, Toyota said, with line launches planned through to 2030 to reach a total production of more than 30GWh a year....
...Their sensitivity was increased by Japan’s aspiration to compete against them via Rapidus, a company created in 2022 and backed by the government and the country’s biggest corporations....
...It comprises Screen Holdings, Advantest, Disco Corp, Tokyo Electron, the trading house Mitsubishi and automakers Toyota and Subaru....
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