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.
British police said on Monday they had planned for "just about every eventuality" ahead of U.S. President Donald Trump's state visit this week, with t...
Simon Leviev, made infamous by Netflix’s The Tinder Swindler, has been arrested at a Georgian airport, officials confirmed....
The founding family of Italiana Petroli is close to finalising the sale of the oil refiner to the State Oil Company of Azerbaijan (SOCAR), in a deal t...
U.S. Secretary of State Marco Rubio on Monday called on Qatar to continue to play a constructive role in resolving the Gaza conflict, speaking in Jeru...
On 15 September, President of the Republic of Azerbaijan Ilham Aliyev received Salim bin Mohammed AlMalik, Director-General of ICESCO, in Shusha....
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.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
Music mega-star Taylor Swift and National Football League player Travis Kelce announced their engagement. “Your English teacher and your gym teacher are getting married," the couple wrote in a joint Instagram post, alongside photos of Kelce proposing to Swift in a garden of pink and white flowers.
British police said on Monday they had planned for "just about every eventuality" ahead of U.S. President Donald Trump's state visit this week, with the bulk of the trip being held out of public view.
Simon Leviev, made infamous by Netflix’s The Tinder Swindler, has been arrested at a Georgian airport, officials confirmed.
The founding family of Italiana Petroli is close to finalising the sale of the oil refiner to the State Oil Company of Azerbaijan (SOCAR), in a deal that would give the Azerbaijani group control of one of Italy’s largest petrol station networks, three sources have said.
U.S. Secretary of State Marco Rubio on Monday called on Qatar to continue to play a constructive role in resolving the Gaza conflict, speaking in Jerusalem on the same day that Arab leaders were meeting in Doha to respond to an Israeli strike.
President Donald Trump has suggested that a deal has been struck over TikTok’s U.S. ownership, days before scheduled talks with Chinese President Xi Jinping.
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