Toyota Motor sold 10.8 million vehicles in 2024, maintaining its position as the world’s top-selling automaker for the fifth consecutive year despite a 3.7% decline in global sales, the company announced Thursday.
The drop was largely due to a sharp sales decline in Japan, where Toyota faced governance issues related to certification test procedures, particularly at its Daihatsu subsidiary. Sales of Toyota’s parent-only vehicles, including Lexus, fell 1.4% to 10.2 million, while unit sales in China dropped 6.9% amid intensifying price competition.
Despite these challenges, Toyota benefited from strong demand for hybrid vehicles, especially in the United States. Gasoline-electric hybrids accounted for 40.8% of its parent-brand sales, a record high, while battery electric vehicles made up 1.4%.
Toyota’s closest competitor, Volkswagen Group, reported sales of just over 9 million vehicles in 2024, marking a 2.3% decline, as it navigates cost-cutting measures and a competitive market in China.
The younger son of Hollywood filmmaker and political activist Rob Reiner was formally charged on Tuesday (16 December) with first-degree murder in the...
Police in Australia said on Wednesday (17 December) they had charged a man who allegedly opened fire on a Jewish event on Sydney's Bondi Beach with 59...
U.S. President Donald Trump has ordered a "blockade" of all sanctioned oil tankers entering and leaving Venezuela on Tuesday (16 December), in Washing...
Austria’s public broadcaster ORF, which is hosting the Eurovision Song Contest next year, has said it will not block Palestinian flags in the audien...
Citizens from an additional seven countries, including Syria, are being banned from travelling to the U.S. from the 1st of January next year. Presiden...
Japanese automaker Toyota announced on Wednesday that it will manufacture its new battery electric vehicle (BEV) at its plant in Kolín, Czechia — the company’s first all-electric model to be produced in Europe.
Toyota has signed a $2 billion deal to build a wholly-owned electric vehicle plant in Shanghai, as the Japanese automaker strengthens its position in China’s growing EV market during heightened US-China trade tensions.
An explosion at Chuo Spring Co.'s plant in Toyota, Japan, has resulted in one death and two injuries, officials reported on Thursday.
Toyota sold 10.8 million vehicles in 2024, remaining the world’s top-selling automaker for the fifth consecutive year. However, sales in China dropped by 6.9%, and global sales fell by 3.7%, mainly due to challenges in Japan.
At least 37 people have been killed in flash floods triggered by torrential rain in Morocco's Atlantic coastal province of Safi, Moroccan authorities said on Monday (15 December).
Fighting along the Thailand–Cambodia border has entered a fifth consecutive day, despite U.S. President Donald Trump claiming he had brokered a ceasefire between the two sides.
Authorities discovered the lifeless bodies of renowned filmmaker Rob Reiner, aged 78, and his wife, Michele Reiner, 68, in their upscale Brentwood home in Los Angeles on Sunday. The police investigation has labeled the incident an apparent homicide.
Schools across Cambodia and Thailand were forced to close on Monday (15 December) as border clashes between the two countries escalated, with the death toll reaching at least 40 and hundreds of thousands of people displaced, according to officials and local media.
Cambodia must be the first to declare a ceasefire in the ongoing border conflict, Thailand said on Tuesday (16 December), as fighting continued despite earlier claims that hostilities would stop and at least 52 people have been killed on both sides.
The younger son of Hollywood filmmaker and political activist Rob Reiner was formally charged on Tuesday (16 December) with first-degree murder in the stabbing deaths of his parents, who were found slain in their Los Angeles home over the weekend.
Police in Australia said on Wednesday (17 December) they had charged a man who allegedly opened fire on a Jewish event on Sydney's Bondi Beach with 59 offences, including a terror charge. It was Australia’s deadliest mass shooting in more than 30 years.
U.S. President Donald Trump has ordered a "blockade" of all sanctioned oil tankers entering and leaving Venezuela on Tuesday (16 December), in Washington's latest move to increase pressure on Nicolas Maduro's government, targeting its main source of income.
Austria’s public broadcaster ORF, which is hosting the Eurovision Song Contest next year, has said it will not block Palestinian flags in the audience or suppress crowd reactions during Israel’s performance.
Citizens from an additional seven countries, including Syria, are being banned from travelling to the U.S. from the 1st of January next year. President Donald Trump made the annoucement on Tuesday (16 December) now has a total of 39 countries banned from entering the States.
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