Latest news with #Daihatsu
3 days ago
- Automotive
Japan's Daihatsu Launches New Move for Turnaround
News from Japan Economy Jun 5, 2025 19:54 (JST) Tokyo, June 5 (Jiji Press)--Japan's Daihatsu Motor Co. released on Thursday the fully revamped Move minivehicle, the company's first new model since July 2022, hoping to make a turnaround in the market. Daihatsu had suspended new vehicle releases since its testing scandal came to light in April 2023. At the launch event in Tokyo, President Masahiro Inoue apologized again for the scandal. "We've established a foundation to tackle problems with the Toyota group as a team," Inoue said, adding that the release of the new Move is "the first step in our restart." The seventh-generation Move, which has gone through the first full model change for the popular brand in 11 years, targets senior drivers. It is the first Move model equipped with sliding doors, making it easier to get in and out. [Copyright The Jiji Press, Ltd.] Jiji Press
Yahoo
31-05-2025
- Automotive
- Yahoo
Toyota global sales rise 12% in April
Toyota Motor Corporation reported a 12% year-on-year rise in global group sales to 936,718 vehicles in April 2025, including its Daihatsu and Hino subsidiaries, driven by a 29% rebound in Japan to 164,669 units from depressed year-earlier levels, while overseas sales rose by 10% to 772,049 units. Sales in Japan last year were hit by extensive production stoppages at the group's small car unit Daihatsu, due to its safety test rigging scandal. In the first four months of 2025, the group's global sales increased by 9% to 3,652,102 units, with sales in Japan surging by over 35% to 722,022 units, while overseas sales increased by less than 4% to 2,930,080 units. Global sales of Toyota- and Lexus-branded vehicles increased by 6% to 3,392,655 units year-to-date, with sales in Japan rising by 17% to 534,832 units, while overseas sales rose by 4% to 2,857,823 units. Sales in North America increased by 2.3% to 929,950 units, while sales in Latin America (excluding Mexico) rose by 9.1% to 158,439 units, and in Asia (excluding Japan) sales rose by 5.9% to 993,635 units, reflecting strong sales growth in China, Vietnam and the Philippines. In Europe sales increased by just 1.5% to 406,882 units. Toyota and Lexus reported a 22% rise in global sales of electrified vehicles to 1,657,896 units in the first four months of the year, accounting for 49% of total sales. Sales of battery electric vehicles (BEVs) rose by 11% to 51,291 units, which were almost entirely delivered to overseas clients, while sales of hybrid electric vehicles (HEVs) rose by 20% to 1,490,791 units. Daihatsu's global sales rebounded by 79% to 221,025 units year-to-date following last year's production stoppages, with sales in Japan surging by 182% to 174,086 units, while overseas sales plunged by 24% to 46,939 units. The group's commercial vehicle unit, Hino Motors, reported a 1.2% drop in global sales to 38,422 units in this period, with sales in Japan falling by 1.3% to 13,104 units, while overseas sales were down by 1.1% to 25,318 units. "Toyota global sales rise 12% in April" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Japan Times
29-05-2025
- Automotive
- Japan Times
Toyota sales hit second monthly record on U.S. demand amid tariff rush
Toyota's sales hit a record for the second month in a row as a strong showing in the U.S. and Japan was boosted by customers making last-minute purchases before U.S. President Donald Trump's tariffs took effect. The automaker's global sales, including from subsidiaries Daihatsu and Hino Motors, reached 936,718 units in April, a 12% increase from a year earlier year and a record for the month, the company said Thursday. Production came in at 902,425 units worldwide. Toyota and Lexus brand sales jumped 10% in the U.S. last month thanks to steady demand and an influx in orders as duties on imported cars and parts kicked in. The scuffle caused by Trump's oscillating trade war has forced the world's biggest carmaker and its peers to weigh semipermanent countermeasures to stem short-term turmoil. A 25% tariff was applied in April to all cars imported to the U.S., but on Thursday, Trump's global tariffs were deemed illegal and blocked by the U.S. trade court. The Trump administration said it was going to appeal the ruling. Japanese carmakers are heavily reliant on the U.S. auto market and could suffer as much as a $19 billion impact from the tariffs. Toyota, which has forecast a ¥180 billion ($1.2 billion) hit in April and May alone, has mostly stayed its course, emphasizing that it will respond flexibility but refrain from big changes until the future is less opaque. CEO Koji Sato earlier this month said the company will consider building out local product development and manufacturing in the U.S. in the medium to long term. In March, Toyota's U.S. sales rose 8% from a year earlier while Honda recorded a 13% jump, and Nissan's rose 10%. Mazda said it will pause U.S. production of one model variation that it exports to Canada. Honda plans to shift manufacturing of the hybrid version of its Civic from Japan to the U.S., while Nissan is halting U.S. orders for SUVs built in Mexico.
Bloomberg
29-05-2025
- Automotive
- Bloomberg
Toyota Sales Hit Second Monthly Record on US Demand, Tariff Rush
Toyota Motor Corp. 's sales hit a record for the second month in a row as a strong showing in the US and Japan was boosted by customers making last-minute purchases before President Donald Trump's tariffs took effect. The automaker's global sales, including from subsidiaries Daihatsu Motor Co. and Hino Motors Ltd., reached 936,718 units in April, a 12% increase from a year earlier year and a record for the month, the company said Thursday. Production came in at 902,425 units worldwide.
Motor 1
09-05-2025
- Automotive
- Motor 1
Toyota Reveals How Many of Its Cars Are on the Road
10,159,336 – that's how many cars Toyota sold last year, including those carrying the Lexus badge. Add in the vehicles shipped by its Daihatsu and Hino subsidiaries, and the total rises to 10,821,480. Even though deliveries dropped by 3.7 percent compared to the previous year, Toyota still came out on top . It beat the Volkswagen Group for the fifth year in a row, solidifying its dominance in the automotive sector. But have you ever wondered how many Toyotas are on the road today? We now have an estimate straight from the Japanese automaker: approximately 150 million vehicles in operation. There's a financial motive behind the company's decision to share this number all of a sudden. Basically, Toyota wants to generate more revenue from its existing fleet by boosting customer support for parts and accessories. Photo by: Toyota The company also aims to grow revenue through increased used vehicle sales and encourage owners to subscribe to 'connected services.' That's just a polished way of saying subscriptions. To give you a few examples from the United States, Drive Connect costs $15 a month and gives users access to "up-to-date navigation, live-agent navigation assistance, and a seamless virtual assistant." Integrated Streaming, also $15 monthly, enables music playback via Apple Music and Amazon Music. Wi-Fi Connect, through AT&T, costs $25 per month. Toyota also focuses more on insurance and financing services to strengthen its balance sheet. CFO Yoichi Miyazaki even claims that the company can achieve higher operating income from these sources than from selling new cars, which still perform well despite broader industry turbulence. The estimation is for the 2026 fiscal year in Japan, which started on April 1 and runs through March 31, 2026. Circling back to that staggering number of Toyotas on the road: how does it compare to the global total? Automotive research firm Hedges & Company estimates that around 1.64 billion vehicles are used worldwide. Assuming that number is reasonably accurate, though it's hard to pinpoint precisely, about 9.15 percent of all vehicles currently on the road are Toyotas. Toyota Is Saving Fun Cars: Toyota Chairman Says a Sports Car Must Have a Gas Engine Toyota Muscles Up the GR Yaris With Beefy Body Kit According to the latest figures published by Toyota, total global production reached 300 million vehicles as of September 2023, some 88 years after the company built its first car. Technically, it was a Model G1 truck, produced by the (deep breath) Automotive Production Division of Toyoda Automatic Loom Works in August 1935. That year, the company made just 20 units. 1968 was the first year when the company built more than 1 million vehicles, and in 2012, it became the first automaker to assemble over 10 million cars in a year. As of September 2023, 180.52 million cars had been built in Japan, while 119.6 million were assembled abroad. Unsurprisingly, the Corolla remains Toyota's highest-volume product, with cumulative global production reaching 53.4 million units by the end of September 2023. Get the best news, reviews, columns, and more delivered straight to your inbox, daily. back Sign up For more information, read our Privacy Policy and Terms of Use . Source: Toyota Share this Story Facebook X LinkedIn Flipboard Reddit WhatsApp E-Mail Got a tip for us? Email: tips@ Join the conversation ( )
