Toyota Motor reported a worse-than-expected hit (42%) to quarterly operating profit as the Japanese automaker came under pressure from supply constraints and rising costs. Operating profit for the quarter ended June 30 sank to 578.66 billion yen ($4.3 billion) from 997.4 billion yen a year ago. It has repeatedly cut monthly production targets because of […]
Tag: Toyota
Crossover Toyota RAV4 became the best-selling Japanese car in Russia
According to a source, the Toyota RAV4 crossover has become the most popular Japanese car in Russia in the first quarter of this year. During the reporting period, 7594 RAV4s were sold. Compared to the same period last year (10,334 units) – a quarter less, but other Japanese cars were sold even less. So, for […]
Russian sales of Toyota collapsed, but Camry still leads in the segment of business sedans
According to the Avstostat agency, Russian Toyota dealers sold 3,231 cars in March, while sales fell by 69% compared to March last year. If we evaluate sales in Russia for the first three months, then the decrease was 27%, and dealers were able to sell 16,925 cars. Toyota ranks fifth in terms of sales among […]
The legendary Toyota with a 67-year history will become a crossover in hybrid and electric versions
Toyota plans to launch a new version of the famous Crown model in Japan, China and North America. From a sedan, the car will turn into a crossover. The Crown model dates back to 1955. The crossover will be available road builder in various versions. Sources say the Crown regular hybrid will go on sale […]
Toyota’s first electric crossover is available for pre-order in Europe: price and specifications
A year ago, Toyota Motor introduced the bZ4X electric crossover, which has now reached the stage of mass production and is ready to appear on the European market. Buyers are offered a single-engine version with front-wheel drive and a twin-engine version, which is equipped with an all-wheel drive system. The first version with an engine […]
Toyota GR Corolla 305-horsepower all-wheel drive introduced
Toyota introduced the new Toyota GR Corolla, the fourth model in the GR lineup. The production of new items will be established at the Motomachi plant, which already produces the GR Yaris and Lexus LC. The source writes that the car received a 5-door body, which is additionally reinforced, but the hood and front doors […]
Toyota is reviewing car production in the United Kingdom
Toyota, the world’s largest carmaker, has warned UK Transport Secretary Grand Saps that it could cut car production in Britain after 30 years unless the government weakens its “green” policies that require a speedy transition. in purely electric vehicles, reports “The Times”. The threat to the future of the 3,000 jobs at the Bernaston plant […]
Chip shortage forces Toyota to continue cutting production
Toyota Motor Company said this week that it will resort to additional production cuts in March due to a shortage of semiconductor products. The announcement comes just days after the Japanese automaker slashed its second-quarter production target by as much as 20%. The company intends to suspend production on one of the lines for eight […]
Toyota and Mercedes-Benz to suspend car production in Russia
Two more car companies announced the suspension of car production in Russia – Toyota and Mercedes-Benz. The decision of the Japanese company is reported by the Interfax agency with reference to the Nikkei Asia publication. We will remind, earlier Nikkei Asia wrote that Honda stops exporting cars, motorcycles and spare parts to Russia, and Mazda […]
Yamaha develops V8 hydrogen engine for Toyota
Yamaha is reportedly developing a 5-litre hydrogen-powered V8 engine for Toyota. The new engine is based on the conventional naturally aspirated gasoline engine used in the Lexus RC F sports coupe, with modifications to injectors, heads, intake manifold and other components. The power of the hydrogen version will be 450 hp. at 6800 rpm, and […]