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.

Toyota's controversial new share class approved despite concerns of foreign funds

Toyota has cited the need for long-term product planning as a reason for attracting more retail investors under the share plan. Photo: Reuters

Toyota Motor shareholders approved a controversial new class of stock on Tuesday  that will bring in more long-term investors, but which faced opposition from foreign funds as the shares are only readily available in Japan.

Tuesday, 16 June, 2015, 8:40pm

Toyota sees bright future for its fuel-cell sedan

Toyota promised to develop and supply fuelling stations in northeastern states in the United States.

Toyota Motor Corp has chosen the name Mirai, which means "future" in Japanese, for a fuel-cell powered sedan that can travel 483km using a hydrogen tank that can be refilled in less than five minutes.

18 Nov 2014 - 5:18am 1 comment

Toyota to recall 1.75m vehicles globally over brake problems, fire risk

Toyota has pointed to three problems in several models, including its luxury Lexus. Photo: Reuters

Toyota is recalling 1.75 million vehicles globally over brake problems and other glitches that posed a fire risk, marking the latest in a string of call backs by the world's biggest carmaker.

16 Oct 2014 - 3:39am

China regulator takes aim at Lexus parts pricing policies

China appears to be trying to build a case against Lexus for engaging in price fixing. Photo: Reuters

China's regulator has summoned executives from Toyota Motor Corp over pricing policies and practices for spare and replacement parts at its luxury Lexus division, sources with direct knowledge of the matter said.

17 Sep 2014 - 5:39am

Carmakers step up push into automated driving

A Toyota car being tested for its automated driving system.

Competition is heating up among Japanese and US manufacturers to invent and refine autonomous car technologies that reduce the human driver's role in controlling the vehicle with the steering wheel and the brake.

10 Sep 2014 - 4:05am

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

Big firms may raise base pay for their workers but then put pressure on suppliers to cut costs, forcing them to keep their workers' wages in check. Photo: AFP

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.

12 Mar 2014 - 3:28pm

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

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 will close its Altona plant in Melbourne in 2017. Photo: EPA

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.

8 May 2015 - 4:37pm

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

Toyota outsold all other carmakers for a second straight year last 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

Toyota is the biggest name at the Tokyo Motor Show, where the top carmaker is showing off its FCV concept vehicle. Photo: Bloomberg

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 reported a 70 per cent jump in profits last quarter as it got a boost from the yen weakening against the US dollar. Photo: AP

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

Japanese cars losing reliability edge in consumers' bible's recommendations

Lexus, Toyota's luxury marque, still tops the magazine's reliability rankings. Photo: Reuters

Japan’s lock on Consumer Reports’ vehicle reliability rankings is starting to ease.

Three Japanese brands – Lexus, Toyota and Acura – took the top spots in this year’s survey, and seven of the top 10 brands are Japanese.

But three non-Japanese brands – Audi, Volvo and GMC – cracked the top 10.

8 May 2015 - 4:41pm

Jury awards US$3 million to victims of crash in which Toyota Camry accelerated suddenly

Toyota has faced hundreds of lawsuits relating to sudden-acceleration problems. Photo: AP

Toyota Motor is liable for a 2007 crash that left one woman dead and another seriously injured after a Camry suddenly accelerated, a jury in Oklahoma decided on Thursday.

The jury awarded US$1.5 million in monetary damages to Jean Bookout, the driver of the car who was injured in the crash, and US$1.5 million to the family of Barbara Schwarz, 70, who died.

8 May 2015 - 4:41pm

The Toyota you'll be able to leave on autopilot

The prototype self-drive technology, designed to enable cars to communicate and to avoid collision, on display in Tokyo. Photo: Bloomberg

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

Jeffrey and Peter Uno hold a photo of Noriko Uno. Photo: AP

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