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 White House says deploying United States ground troops in Iran is not currently part of the military strategy in ...
Israel has warned residents to leave a significant area in southern Lebanon, instructing them to move north of the Li...
A U.S. submarine strike sank an Iranian warship off the coast of Sri Lanka, leaving at least 80 dead, the country&...
The election of Iran’s next supreme leader could provide an opportunity to end the ongoing regional war involving Israel, the U.S. and ...
U.S. Defense Secretary Pete Hegseth says the United States is making gains in its conflict with Iran after a key I...
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.
U.S. President Donald Trump said the U.S. military has enough stockpiled weapons to fight wars "forever"; in a social media post late on Monday. The remarks came hours before conflict in Iran and the Middle East entered its fourth day.
U.S. first lady, Melania Trump chaired a UN Security Council meeting on children and education in conflict on Monday (2 March), a move criticised by Iran as hypocritical following U.S. and Israeli strikes that triggered a UN warning about risks to children.
A torpedo from a U.S. submarine sunk an Iranian warship off the coast of Sri Lanka, U.S. Secretary of Defense, Pete Hegseth told reporters as the Iranian conflcit entered its fifth day on Wednesday.
The U.S. embassy in Riyadh was hit by two drones resulting in a limited fire and some material damage, the kingdom's defence ministry said in a post on X on Tuesday, citing an initial assessment.
Shahid Motahari Sub-Speciality Hospital in northern Tehran and parts of the Golestan Palace were bombed on day two of the U.S.‑Israel strikes. AnewZ Touraj Shiralilou is in Iran's capital city and said that the facility was flattened in an airstrike.
The White House says deploying United States ground troops in Iran is not currently part of the military strategy in the ongoing conflict with Tehran.
Israel has warned residents to leave a significant area in southern Lebanon, instructing them to move north of the Litani River as hostilities with the Iran-backed Lebanese group Hezbollah intensified on Wednesday.
U.S. Defense Secretary Pete Hegseth says the United States is making gains in its conflict with Iran after a key Iranian naval target was destroyed, confirming that the strike was carried out by a U.S. submarine off the coast of Sri Lanka. Rescue efforts are now under way for the ship’s crew.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 4th of February, covering the latest developments you need to know.
Strikes across the Middle East are intensifying, fuelling travel disruption, driving up global energy prices and forcing diplomatic missions to shut their doors.
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