Business, Safety

Daihatsu Sees Long Wait to Resume Business Amid Safety Snafu

TOKYO — Daihatsu Motor Co., a Japanese unit of Toyota Motor Corp. that allegedly cheated on safety tests for decades, said Jan. 22 it doesn’t expect to resume shipping cars any time soon.

Yuri Kageyama | Associated Press
January 22, 2024
Business, Technology, Equipment

Toyota Sells Part of Denso Stake to Raise Cash for EVs

Toyota is selling a part of its stake in components maker Denso to raise cash for its drive toward electric vehicles and other innovations, Japan’s top automaker said Nov. 29.

Yuri Kageyama | Associated Press
November 29, 2023
Business, Technology, Equipment

Toyota’s Profits Zoom on Cheap Yen, Strong Global Sales

TOKYO — Toyota’s July-September profit jumped nearly threefold from a year ago as vehicle sales grew around the world and a cheap yen boosted the Japanese automaker’s overseas earnings.

Yuri Kageyama | Associated Press
November 1, 2023
Business, Equipment

Nissan Reports Better Profit as Chip Crunch Eases

TOKYO — Nissan reported a 55% jump in its October-December profit on Feb. 9, as the Japanese automaker gears up for a less-bumpy journey with its French alliance partner Renault.

Yuri Kageyama | Associated Press
February 9, 2023
Business, Technology, Fuel

Sony, Honda Kick Off EV Company

TOKYO — A new electric car company that brings together two big names in Japanese business, Honda and Sony, officially kicked off Oct. 13.

Yuri Kageyama | Associated Press
October 13, 2022
Business, Technology, Fuel

Toyota Invests in EV Battery Production in US, Japan

TOKYO — Toyota is investing $5.6 billion in Japan and the U.S. to boost production of batteries for electric vehicles, the Japanese automaker said Aug. 31.

Yuri Kageyama | Associated Press
August 31, 2022
Business, Technology, Fuel

LG-Honda Joint Venture to Make EV Batteries

TOKYO — Major South Korean battery maker LG and Japanese automaker Honda are investing $4.4 billion in a joint venture in the United States to produce batteries for Honda electric vehicles in the North American market, the two companies said Aug. 29.

Yuri Kageyama | Associated Press
August 29, 2022
Business, Technology, Equipment

Toyota’s Crown Car to Debut in US

TOKYO — Toyota’s flagship model in Japan, the Crown, is going on sale around the world for the first time, including in the U.S.

Yuri Kageyama | Associated Press
July 15, 2022
Government, Business, Technology, Safety

Toyota Recalls Electric Car for Wheel That May Detach

TOKYO — Toyota is recalling 2,700 bZ4X crossover vehicles globally for wheel bolts that could become loose, in a major setback for the Japanese automaker’s ambitions to roll out electric cars.

Yuri Kageyama | Associated Press
June 24, 2022
Business, Equipment

Toyota’s Quarterly Profit Down on COVID Parts Crunch

TOKYO — Toyota’s profit declined 31% in the January-March quarter from the year before, but the Japanese automaker still wrapped up a year of record earnings.

Yuri Kageyama | Associated Press
May 11, 2022