Bloomberg Toyota News

Toyota Motor Corp. kept its annual profit outlook intact despite reporting quarterly results that were dragged down in Japan and China, as the carmaker showed signs of recovery from domestic. Toyota Industries Corp.

held what could be its last annual meeting as a public company, after the Toyota group unveiled plans to privatize the maker of forklifts, textile looms and auto parts. Shares of Toyota Industries Corp. surged as much as 9%, the most since April 28, after a report that the firm is set to accept a buyout offer from Akio Toyoda, chair of Toyota Motor Corp.

Toyota Motor Corp. Chairman Akio Toyoda has proposed a buyout of Toyota Industries Corp., people familiar with the matter said, seeking to consolidate his grip on Japan's biggest business empire as a wave of merger and acquisition activity roils the country. The automaker has emerged from a safety.

Toyota Motor Chairman Akio Toyoda has proposed acquiring supplier Toyota Industries in a possible 6 trillion yen ($42 billion) deal, Bloomberg News reported on Friday, in what would mark a pivotal. He covers the latest automotive business news from Ford Motor, General Motors, Stellantis, and internationally. He writes about Japanese car companies, including Toyota and Honda, and German.

Toyota Motor Corp. slid in the US market on Tuesday after the carmaker's stock tumbled in the final minute of trading amid a downturn in the broader Japanese stock market earlier. Toyota expects a $9.5bn hit from United States President Donald Trump's tariffs on cars imported to the US, the largest of any company to date, underscoring growing margin pressures.

The world. The world's No. 1 automaker has kept its focus on hybrids and gas-guzzlers, for better and worse.