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...its own Toyota shares it would reacquire as a result of the acquisition”....
...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...
...Toyota has pledged to invest R$11bn ($2.2bn) in Brazil by the end of the decade, boosting president Luiz Inácio Lula da Silva’s goal to revive manufacturing in the South American nation....
...The Qin hybrid is priced 40 per cent lower than Toyota’s Corolla, about a tenth lower than VW’s Lavida and about half that of other pure hybrid models such as Toyota’s Prius in the Chinese market....
...Toyota sold 104,018 pure-electric vehicles in 2023 and is targeting 123,000 in its fiscal year to the end of March, lower than a previous target of 202,000....
...While demand for BEVs has risen over the past three years, according to data compiled by Jato Dynamics, their share of the new car market shrank in the UK and sales growth slowed in the US and Europe....
...The group would also examine the pace of new projects and development in light of the scandals, some of which were brought about by too much pressure on the affiliates....
...Moreover, Toyota Tsusho, the trading arm of the Toyota Group, is one of the start-up’s investors. “Toyota affiliates have a strong presence in the community, and their actions can have an impact....
...Share prices reflect the differing positions of the carmakers. Shares of Toyota have doubled in the past year and trade at 11 times forward earnings, about double that of Nissan....
...Carmaker Toyota said on Wednesday that its subsidiary Daihatsu will halt worldwide shipments of all its vehicles after it found 174 new irregularities in a widening scandal involving rigged safety tests....
...“At Toyota, we feel a very heavy responsibility as the parent company,” Hiroki Nakajima, chief technology officer, said at a joint news conference....
...They had suffered falls last week in the wake of news of a widening scandal at Daihatsu, which has been forced to halt worldwide shipments due to widespread irregularities in crash safety testing dating...
...A Toyota advert showing a large number of pick-up trucks driving across a river has been banned by the UK’s advertising regulator on environmental grounds because it shows the vehicles driving off-road....
...The fresh injection of cash will bring Toyota’s investment in the battery plant — its largest outside of Japan — to approximately $13.9bn....
...At a news conference last week, Toyota president Koji Sato also admitted that production volumes of solid-state batteries were likely to be small when the company rolls them out in electric vehicles as early...
...The stake is one of a web of interconnected equity holdings that Toyota holds across more than 35 suppliers and affiliate automakers....
...Toyota’s battle to catch up with Tesla in a new era of electric vehicles is playing out in one of the oldest parts of the carmaking business: the assembly line....
...Susan Orlean is an author and a staff writer for The New Yorker ‘At The Beach’ by Tod Papageorge is published by Stanley/Barker Follow @FTMag on Twitter to find out about our latest stories first...
...After boosting earnings by ¥260bn in its first half, Toyota expects the benefits to hit ¥1.18tn by the end of the fiscal year....
...[MUSIC PLAYING] Marc FilippinoA new season of F1 kicks off this weekend....
...The cost of Rishi Sunak’s plan to send asylum seekers to Rwanda could exceed £580mn by the end of the decade, and Toyota’s bet on hybrid vehicles has paid off, so far....
...For Baring, he was a correspondent, advising on opportunities in New Orleans....
...Toyota’s announcement reflects the larger trend of car companies turning towards southern US states for their electrification plans....
...That would amount to halting activities at all of the company’s plants in the country. Toyota’s shares dipped 0.4 per cent on the news....
...Previous price cuts prompted a fresh surge of new sales. New-energy vehicles, which include pure battery EVs and plug-in hybrids, accounted for more than a third of all new car sales in February....
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