Toyota faces challenges in Japan and China, but its emphasis on hybrids over full EVs keeps being vindicated.
The Japanese auto giant cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.
The world's largest automaker by sales volume saw a 20% year-on-year drop in operating profit. The company maintained a full-year operating profit of 4.3 trillion yen.

Toyota posts 20% drop in Q2 operating profit

12:05am, Wednesday, 06'th Nov 2024
Toyota Motor posted a 20% decline in second-quarter profit on Wednesday, as slowing sales and production volume hurt results.
The Zacks Consensus Estimate for TM's fiscal second-quarter earnings and revenues is pegged at $4.39 per share and $79.78 billion, respectively.

Toyota Brings Action and Adventure to SEMA 2024

07:00am, Tuesday, 05'th Nov 2024
Celebrating Active Lifestyles of All Forms, Toyota Sparks The Imagination of What's Possible at SEMA 2024. LAS VEGAS , Nov. 5, 2024 /PRNewswire/ -- Toyota returns to the Specialty Equipment Market Ass
Joby Aviation is making significant strides in FAA certification and has promising partnerships, making it a leader in the eVTOL industry. The company's ridesharing plans face challenges, particularly
Toyota Motor is expected to post its first profit drop in two years when it reports second-quarter earnings on Wednesday, signalling cooling demand after a run of robust earnings helped by a consumer
As leaders in their respective industries, here are three large-cap stocks to buy as their quarterly results approach on Wednesday, November 6.
Toyota and Honda hold their value better than just about any other brand. CNBC looks at how they got this way and explores what could knock them off the podium.
Grand Highlander has ample space for people and cargo, including an adult-sized 3rd row and 97.5-cu.ft. of storage with second and third row seats folded down New Hybrid Nightshade Edition adds a styl
Joby Aviation (NYSE: JOBY) and Toyota Motor (NYSE: TM) have completed Joby's first international exhibition flight, which took place at Toyota's Technical Center in Japan. This event highlighted the l
SUSONO, Japan & SANTA CRUZ, Calif.--(BUSINESS WIRE)--Toyota Motor Corporation (Toyota; NYSE: TM) and Joby Aviation, Inc. (Joby; NYSE:JOBY), a company developing electric air taxis for commercial passe
PLANO, Texas , Nov. 1, 2024 /PRNewswire/ -- Toyota announced today a donation of $80,000 to schools in Arizona and Georgia, providing them with the funds to support the schools' existing music educati
MIAMI--(BUSINESS WIRE)--Ryder System, Inc. (NYSE: R) is Toyota North America's “Cross Dock Supplier of the Year.” During Toyota's 2024 Annual Supplier Conference in Plano, Texas, Toyota honored Ry
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