Tag: Toyota

@Toyota: TMC Announces Financial Results for the First Quarter Ended June 30, 2021

TOYOTA CITY, Japan (August 4, 2021)—Toyota Motor Corporation (TMC) today announced its financial results for the first quarter which ended June 30, 2021. Consolidated vehicle sales totaled approximately 2,148,000 units, an increase of approximately 990,000 units compared to the same period last fiscal year. On a consolidated basis, net revenues for the period totaled 7.935… Continue reading @Toyota: TMC Announces Financial Results for the First Quarter Ended June 30, 2021

Autos & Transportation · 3:03 PM UTCGM shares drop 7.8% despite record pre-tax profit, improved outlookGeneral Motors Co’s (GM.N) pickup trucks are ha…

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021. REUTERS/Rebecca Cook DETROIT, Aug 4 (Reuters) – General Motors Co’s (GM.N) pickup trucks are hauling in cash through the global semiconductor shortage and a resurgent pandemic, but investors on… Continue reading Autos & Transportation · 3:03 PM UTCGM shares drop 7.8% despite record pre-tax profit, improved outlookGeneral Motors Co’s (GM.N) pickup trucks are ha…

Autos & Transportation · 6:30 AM UTCToyota posts record profit but cautious on outlook as chip crunch weighsToyota Motor Corp (7203.T) posted a record…

Maintains full-year guidance on operating profit, vehicle sales Less affected by global chip shortage than many rivals Shares extend loss after results, down 2% TOKYO, August 4 (Reuters) – Toyota Motor Corp (7203.T) posted a record quarterly operating profit on Wednesday as pandemic-hit sales rebounded, but refrained from raising its full-year estimate, citing rising COVID-19… Continue reading Autos & Transportation · 6:30 AM UTCToyota posts record profit but cautious on outlook as chip crunch weighsToyota Motor Corp (7203.T) posted a record…

@Toyota: A Journey with Joby Aviation: From Investment to Strategic Manufacturing Collaboration

At Toyota Ventures, we are on a mission to discover what’s next for Toyota by helping early-stage startups bring disruptive technologies and business models to market quickly. When we make an investment, it’s the first step in a much longer journey that we’re taking with our portfolio companies. We believe their success is our success.… Continue reading @Toyota: A Journey with Joby Aviation: From Investment to Strategic Manufacturing Collaboration

@Toyota: SPARX Group to Establish “Mirai Creation Fund III”

SPARX Group Co., Ltd. (“SPARX”) has established the Mirai Creation Fund III (“Fund III”). The two seed LPs for the Mirai Creation Fund II (“Fund II”), Toyota Motor Corporation (“Toyota”) and Sumitomo Mitsui Banking Corporation (“SMBC”), are to participate again as initial investors in Fund III. In addition to the five (5) categories of Intelligent… Continue reading @Toyota: SPARX Group to Establish “Mirai Creation Fund III”

Hino and Isuzu race for electric trucks as Chinese rivals encroach

TOKYO — Isuzu Motors and Hino Motors are making forays into no-emission light trucks next year as Japan trails other major automobile markets in embracing electrified fleets. The Japanese commercial vehicle producers are eyeing business with shipping and logistics companies while fighting the growing presence of Chinese rivals, which offer competitive prices. Hino intends to roll… Continue reading Hino and Isuzu race for electric trucks as Chinese rivals encroach

Under the skin: Why the Lotus Emira’s four is more exciting than its V6

The familiar supercharged 3.5-litre Toyota V6 engine might be the obvious choice for many buyers of the new Lotus Emira, but the smart money could well be on the alternative: the turbocharged 2.0-litre Mercedes-AMG unit. The M139 is the latest four-cylinder engine from Affalterbach, and it is claimed to be the most powerful turbocharged four-cylinder… Continue reading Under the skin: Why the Lotus Emira’s four is more exciting than its V6

@Toyota: 1st Quarter of Fiscal year ending March 31,2022

Toyota Tsusho announced financial results for 1st Quarter of Fiscal year ending March 31, 2022. Below are the main items of Consolidated Results based on IFRS. (Unit: Billion yen) FY2020 1Q FY2021 1Q Change Gross profit 115.4 184.0 +68.6 Operating profit 19.1 75.9 +56.8 Profit before income taxes 25.9 88.0 +62.1 Profit attributable to owners… Continue reading @Toyota: 1st Quarter of Fiscal year ending March 31,2022