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Hiroshi Okuda, former chairman of Keidanren, passed away at 93. He led Japan's biggest business lobby in the early 2000s and previously served as Toyota Motor Corporation's president.
Toyota Motor Corp. will begin reverse-importing the US-built Camry sedan to Japan from autumn 2025, a move aimed at easing trade tensions and reducing America's trade deficit with Japan. The company plans to import about 2,000 units annually from its Kentucky plant.
SoftBank Group Corp. has overtaken Toyota Motor Corp. to become Japan's most valuable listed company for the first time in over 22 years, as tech stocks surge. The shift underscores investor preference for technology and AI over traditional industries.
Toyota Motor Corp. has stopped developing a new Lexus electric vehicle, sources said Friday. The decision reflects a broader reassessment of Toyota's EV strategy amid changing market demand and competition. No official reason or restart timeline has been given.
Toyota's car exports from Japan to the Middle East fell 91.7% year-on-year in April to just 2,418 units, as regional conflicts disrupted trade flows. The decline highlights the severe impact of geopolitical tensions on Japanese automakers.
Toyota's vehicle exports from Japan to the Middle East fell 91.7% in April 2026 year-on-year, a record drop for the key market. The plunge is blamed on geopolitical instability and supply chain disruptions, with analysts warning the trend may continue.
Toyota Motor Corp. reported a 3.1% year-on-year decline in global sales for April 2026, the third consecutive monthly decrease. Sales dropped by 93,000 vehicles, driven by weakness in Japan and parts of Asia, even as North America and Europe posted gains.
Toyota Motor Corp. reported record annual revenue of 50.68 trillion yen for fiscal 2025, becoming the first Japanese company to exceed 50 trillion yen. The milestone was driven by strong demand for hybrid vehicles and price adjustments.
Toyota Motor Corporation reported fiscal 2025 revenue exceeding 50 trillion yen (about $333 billion), a first for any Japanese company. The milestone was driven by strong global sales of hybrid and electric vehicles, with over 10 million units sold. Despite competition from Chinese EV makers and energy market uncertainty, Toyota's diversified product strategy keeps it on a growth track.
