• Wed
  • Sep 3, 2014
  • Updated: 2:26pm


Toyota Motor is the largest carmaker in the world. Founded in 1937, it makes some of the world’s most popular vehicles, including the Corolla and Camry. It also has a luxury brand, Lexus, and majority stakes in truckmaker Hino, compact carmaker Daihatsu, and 16.66 per cent of Fuji Heavy Industries, which makes the popular all-wheel drive Subarus.

Pay rises at Japan’s top firms will be blunted by rise in sales tax

Big Japanese companies such as Toyota Motor will offer the most generous pay raises in years on Wednesday, but workers will still struggle to offset a sales tax increase next month, highlighting the difficulties the government is facing in overcoming entrenched deflation.

Wednesday, 12 March, 2014, 3:28pm

Toyota to recall 1.9m Prius cars for software defect in hybrid system

Toyota Motor yesterday issued a recall covering all 1.9 million of its third-generation Prius cars sold worldwide, due to a software glitch in their hybrid system.

About half of the recalls are in Japan and 713,000 in North America, a Toyota spokeswoman said. No accidents have been reported related to the defect.

13 Feb 2014 - 1:24am

Australia loses last carmaker as Toyota plans exit by 2018

Toyota Motor will stop making cars in Australia in less than four years, it said yesterday, banging the final nail in the coffin of the country's vehicle industry, despite appeals to stay by Australian Prime Minister Tony Abbott.

11 Feb 2014 - 1:47am

Toyota says profit may double to record 1.9tr yen in fiscal year

Toyota Motor, the world's largest carmaker, has raised its full-year profit forecast for the third time in as many quarters as the weaker yen boosts earnings from Prius and Lexus vehicles exported from Japan.

5 Feb 2014 - 6:22am

Toyota chief silences the doubters

He'd heard it so often he began to believe it himself. Too young. Not up to the task. Didn't deserve it. Only there because of his name.

22 Nov 2013 - 3:02am

Toyota's sparkling earnings show snags in Abenomics

Toyota Motor's sparkling earnings show how Abenomics may be good for Japanese firms now, but perhaps a bust for investing in the country over the long term.

8 Nov 2013 - 1:46am

The Toyota you'll be able to leave on autopilot

Toyota yesterday unveiled the next generation of cars featuring an autopilot system that will swerve to avoid collisions and also keep to the middle of the road, all without drivers touching the wheel.

12 Oct 2013 - 4:01am

Toyota defeats stuck-throttle California lawsuit

A jury in California has found Toyota not liable in one of the first wrongful-death legal actions to go to trial in the US over alleged defects that caused some vehicles to unexpectedly accelerate.

12 Oct 2013 - 3:20am 1 comment

Hybrids a long bridge to future, says Toyota chairman

Toyota chairman Takeshi Uchiyamada challenged carmakers on Monday to step up sales of hybrids in the United States, calling them “a long bridge” to future vehicles.

“Today I wish to call on the industry to sell five million hybrids in the US by the end of 2016,” Uchiyamada, who pioneered the Prius, said in remarks before the Economic Club of Washington.

1 Oct 2013 - 2:33pm

Toyota expects strong growth in US market

Toyota’s US turnaround is picking up momentum and the Japanese automaker expects strong growth in what promises to be a stable and prosperous market, a top company executive said.

“We’re back on a very good growth curve,” Toyota Motor Sales executive vice president Bob Carter told Detroit’s Automotive Press Association. “We’re very positive about our future.”

6 Sep 2013 - 10:06am