After releasing Q3 earnings on Wednesday, the company announced that the Toyota Battery Manufacturing North Carolina (TBMNC) plant had finished preparations. Toyota said the facility “is ready to ...
Toyota Motor Corp. raises its net profit forecast for the year ending March to 4.52 trillion yen ($29 billion) from its earlier estimate of 3.57 trillion yen, benefiting from the weaker-than-expected ...
Although Denso is no longer in a net cash position, in fiscal 2023 net debt/EBITDA remained low at 0.2. Since 2012, the company has been able to self-fund its investments through its cash flow from ...
Toyota Motor (TM) is ramping up its electric vehicle (EV) and battery production efforts with new initiatives in both China ...
The Japanese automaker announced on Wednesday that it would build a new EV and battery factory in Shanghai, after Tesla did the same in 2019.
Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Wednesday, under a new partnership with the Shanghai government.
Toyota hiked its full-year operating income outlook by 400 billion yen ($2.62 billion) to 4,700 billion yen for the financial year ending March 2025.
Toyota Motor Corporation announced it has completed construction of a new EV battery manufacturing plant in Liberty, in the ...
Toyota's push also comes as worries grow around Asia about a potential trade war brewing after President Donald Trump imposed ...
Toyota raised its full-year profit forecast on cost-cutting efforts, despite recording a second consecutive quarterly drop in profit, as sales growth driven by a hybrid boom cooled off.
Toyota remained the world's leading car manufacturer in 2024 with more than 10 million sales, including its Lexus luxury ...