Japanese carmaker Toyota has planned to invest 1.8 billion dollars in Indonesia in the next five years to make the country a regional manufacturing...

Japanese multinational automotive manufacturer, Toyota on Wednesday said its recalling about 3.4 million vehicles worldwide over the suspected defective airbags.

Japan’s top automaker Toyota has said that its net profit edged 1% higher in July-September as vehicle sales grew around the world. Toyota Motor Corp.  on Thursday reported a profit of 592 billion yen ($5.4 billion) for the second fiscal quarter, up from 585 billion yen recorded last year.

Toyota Motor Corp’s local unit on Thursday, August 1, 2019, was slammed a class action lawsuit by Australian lawyers who claimed some models of the carmaker’s top-selling vehicles Hilux, Prado and Fortuner were fitted with defective parts.

Toyota Motor Corp and auto-parts maker Denso Corp on Wednesday said they have agreed to set up a joint venture to develop next-generation automotive semiconductors as the industry moves toward connected and autonomous vehicles.