Toyota second-quarter quarterly profit climbs despite production cut

Toyota second-quarter quarterly profit climbs despite production cut

Toyota Motor Corp reported a second-quarter operating profit of 750 billion yen on Thursday compared with a profit of 506 billion yen a year earlier as it benefited from a rebound in vehicle demand even as a global chip shortage forced it to cut output. The result for the three months to Sept. 30 was … Read more

US auto safety regulator asks 12 automakers for assistance in Tesla probe

US auto safety regulator asks 12 automakers for assistance in Tesla probe

The U.S. auto safety regulator said Tuesday it has asked 12 major automakers for assistance as part of its probe into crashes involving Tesla vehicles striking emergency vehicles while using advanced driver assistance systems like Autopilot. The National Highway Traffic Safety Administration (NHTSA) sent letters to General Motors Co, Toyota Motor Corp , Ford Motor … Read more

Toyota says it will introduce 15 BEVs, expand electric lineup by 2025

Toyota says it will introduce 15 BEVs, expand electric lineup by 2025

Toyota Motor Corp said on Monday it will introduce 15 battery electric vehicle (BEV) models globally by 2025, expanding the automaker’s electric vehicle lineup to achieve carbon neutrality before 2050. The company will increase its number of electric models to around 70 from currently offered 55, it said in a statement. The new BEV model … Read more