Toyota Motor Projects Drop in Fiscal-Year Profit, Announces Share Buyback

Toyota Motor projected a drop in fiscal-year profit and announced a share buyback after posting a rise in fourth-quarter net profit thanks partly to a weaker yen.

WSJMay 8 01:25 ET

Toyota Motor's Attributable Profit Surges 102% in Fiscal 2024

Toyota Motor's (TYO:7203) profit attributable to owners of the parent surged 102% to 4.945 trillion yen in the fiscal year ended March 31 from 2.451 trillion yen a year ago, mainly due to significantl

MT Newswires22:50 ET

Toyota CFO: “far behind” Chinese rivals in some fields, must endure several years of “difficulties” and increase investment in electric cars and AI

Toyota will invest 1.7 trillion yen in fields such as AI and electric vehicles, hoping to achieve “disruptive innovation,” and its profit for the 2025 fiscal year is expected to drop 20%.

wallstreetcn22:00 ET

Building on Greatness: Redesigned Toyota Camry Goes All-Hybrid at Kentucky Plant

Yahoo Finance16:30 ET

Toyota May Adopt BYD's DM-i Hybrid Tech in China, Report Says

One of the key reasons why Toyota is leaning towards adopting BYD's DM-i technology is that it is less expensive and relatively mature, according to local media. The post Toyota may adopt BYD's DM-i hybrid tech in China, report says appeared first on CnEVPost. For more articles, please visit CnEVPost.

CnEVPostMay 8 08:43 ET

The double squeeze of high cost and low demand is still a “long way” for global automakers to become electrified

Recently, both European and Asian automakers warned that this will be a challenging year due to rising costs and falling demand for electric vehicles.

Zhitong FinanceMay 8 07:27 ET