Toyota Motor said on Thursday its global production rose for a fifth consecutive month in October, lifted by strong U.S. demand for hybrid vehicles that offset weaker sales in Japan and China.
Toyota said on Tuesday it will invest $912 million in five U.S. factories to expand production of hybrid vehicles to meet increasing demand.
TM's rising hybrid sales and strong fiscal 2026 outlook bolster confidence even as expenses and debt loom.
Toyota Motor on Tuesday said it will invest $912 million in U.S. manufacturing plants in five southern states. The investment follows the Japanese automaker last week confirming plans announced by President Donald Trump to invest up to $10 billion in the U.S. by 2030.
NHTSA said the remedy for two specific models is under development.
TM's fiscal Q2 earnings miss estimates despite solid sales growth. The company expects a year-over-year rise in retail vehicle sales in fiscal 2026.
Toyota on Wednesday said it has started production at a new $13.9 billion battery plant in North Carolina. The Japanese automaker also confirmed plans to invest up to $10 billion more than previously expected over five years in the United States.
A new North Carolina plant is aimed at selling more hybrid cars and trucks to Americans.
Toyota Motor Corporation ( TM ) Q2 2026 Earnings Call November 5, 2025 12:30 AM EST Company Participants Kenta Kon - Operating Officer Takanori Azuma - Chief Risk Officer & Chief Officer of Accounting Group Conference Call Participants Mizuno Tetsuya Presentation Unknown Executive Ladies and gentlemen, thank you very much for joining us today, taking time out to presumably busy schedule. Now, we would like to begin TMC's FY '26 Q2 Financial Results Briefing.
Toyota Motor is recalling 1,024,407 vehicles in the U.S. due to a flaw that may cause a rearview camera to fail to display an image, increasing the risk of a crash, the U.S. National Highway Traffic Safety Administration said on Wednesday.
The carmaker now expects group vehicle sales to rise 2.6% to 11.30 million units.
Toyota profits fall for a second consecutive quarter, missing estimates, as U.S. tariffs hit exports