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Related Special Reports
...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...
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...Its smaller hybrid sales volume cannot compete with Toyota’s. The pair need all the help they can get....
...Total hybrid sales of about 1.2mn cars matched EV sales figures. For Toyota, hybrid sales increased 47 per cent year on year in the December quarter, far outpacing total group sales growth of a tenth....
...They pushed global group sales, including subsidiaries Daihatsu Motor and Hino Motors, up 7 per cent to a record 11.2mn cars last year, the company said on Tuesday. Output grew 9 per cent to 11.5mn....
...The buoyant sales of hybrid electric vehicles counter concerns from some analysts that Toyota is not moving fast enough towards pure battery-electric vehicles (BEVs)....
...Toyota is aiming for as early as 2027, Nissan the year after and Honda by the end of the decade....
...In a US hybrid market mainly dominated by Toyota, Honda and the South Korean duo of Kia and Hyundai, domestic manufacturers are racing to catch up.Last month General Motors, which had largely phased out...
...Toyota chair Akio Toyoda has said he takes full responsibility for a spate of scandals at some of the group’s closest affiliates and will “take action” as the world’s largest carmaker by sales tries to regain...
...The company produced more than 1.7mn cars in fiscal 2022, accounting for about 4 per cent of Toyota group’s sales....
...Start-ups developing future forms of transport such as space planes, drones and flying cars are emerging in central Japan’s Aichi prefecture, home to Toyota Motor and its suppliers, driven by a sense of...
...After Daihatsu revealed last year widespread problems with crash safety testing dating back more than three decades, the world’s biggest carmaker by sales has been scrambling to deal with the fallout....
...Global sales for the broader Japanese group, which includes van and truck maker Hino Motors and compact brand Daihatsu Motor, also increased 7 per cent to 10.2mn vehicles, putting it on track to become the...
...Like its most successful cars, Tata Motors now comes at a price: the shares trade at 12 times forward earnings, a premium to global peers including Toyota and Volkswagen....
...to Toyota plan to sell more hybrid vehicles in the coming years....
...The transaction is also the latest in a series of takeovers in the UK motor retail sector where consolidation has meant only Vertu and Caffyns remain....
...In contrast, Toyota’s stock price has rallied more than 44 per cent in the same period....
...Toyota has been considering portfolio sales since 2016 but Denso will be the biggest unwinding so far....
...The Toyota group, which includes Hino and Daihatsu, still targets 11.4mn vehicle sales for the full year, with an increasing share coming from North America....
...Nearly four years later, Japan’s second- and third-largest carmakers (behind Toyota) are planning to combine forces to develop electric cars in a bid to survive the coming wave of high-tech, low-cost models...
...Toyota, the world’s biggest carmaker by annual unit sales, has laid out plans to sell 3.5mn battery powered vehicles every year from 2030....
...Hyundai, which makes cars in China as part of a joint venture with state-backed BAIC Motor, declined to comment on its China business....
...Multinational carmakers have given a firm vote of confidence in Brazil in 2024, with significant funding also confirmed in recent weeks by Volkswagen, Toyota, Hyundai and General Motors, together totalling...
...Sales of Toyota and Lexus vehicles there rose 8.6 per cent but operating profits dropped 26 per cent due to a price war....
...And Toyota has had lots of reasons for why they wanted to focus on hybrids. And over the last year globally, we’ve seen a slowdown in the growth rate of electric vehicle sales....
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