Latest news with #LandCruiser250
Japan Today
27-06-2025
- Automotive
- Japan Today
Toyota global sales in May up 6.9%; record for month
Toyota Motor Corp said Friday its global sales for May rose 6.9 percent from a year earlier to 898,721 units, a record high for the month, due to last-minute demand in the United States amid concerns over possible price hikes due to high tariffs imposed by U.S. President Donald Trump. Meanwhile, global production dipped 0.7 percent to 806,677 units, falling below the same period the previous year for the first time in five months. The United States raised the tariff rate on imported passenger vehicles by 25 percentage points to 27.5 percent in early April, with Tokyo and Washington holding multiple rounds of talks to negotiate an agreement. By region, sales in the United States grew 10.9 percent to 240,176 units. Those in China were up 6.8 percent to 149,887 units, with hybrid vehicles especially sought after due to government subsidies. Domestic sales climbed 4.4 percent to 106,586 units on a rebound from the previous year when Toyota was hit by a verification scandal. The launch of new models including the Land Cruiser 250 series also helped lift sales in the country. The automaker said production in the United States dropped 1.8 percent to 120,539 units due to one fewer working day. Domestic output fell 5.4 percent to 241,570 units. Honda Motor Co, the country's second-biggest automaker, also benefited from greater demand in the United States in May, with sales up 6.5 percent from the previous year to 135,432 units. But globally, sales slumped by 4.1 percent to 298,167 units, with those in China logging its 16th consecutive monthly decline on fierce price competition. Meanwhile, Nissan Motor Co, which is struggling to turn around its business and undergoing restructuring, saw global output decline 16.5 percent to 229,645 units and global sales slip 6.0 percent to 256,159 units. The company earlier this week said it forecasts a net loss of 200 billion yen for the April-June period, weighed down by effects of the U.S. tariffs. © KYODO
The Mainichi
27-06-2025
- Automotive
- The Mainichi
Toyota global sales in May up 6.9%, record for month
NAGOYA (Kyodo) -- Toyota Motor Corp. said Friday its global sales for May rose 6.9 percent from a year earlier to 898,721 units, a record high for the month, due to last-minute demand in the United States amid concerns over possible price hikes due to high tariffs imposed by U.S. President Donald Trump. Meanwhile, global production dipped 0.7 percent to 806,677 units, falling below the same period the previous year for the first time in five months. The United States raised the tariff rate on imported passenger vehicles by 25 percentage points to 27.5 percent in early April, with Tokyo and Washington holding multiple rounds of talks to negotiate an agreement. By region, sales in the United States grew 10.9 percent to 240,176 units. Those in China were up 6.8 percent to 149,887 units, with hybrid vehicles especially sought after due to government subsidies. Domestic sales climbed 4.4 percent to 106,586 units on a rebound from the previous year when Toyota was hit by a verification scandal. The launch of new models including the Land Cruiser 250 series also helped lift sales in the country. The automaker said production in the United States dropped 1.8 percent to 120,539 units due to one fewer working day. Domestic output fell 5.4 percent to 241,570 units. Honda Motor Co., the country's second-biggest automaker, also benefited from greater demand in the United States in May, with sales up 6.5 percent from the previous year to 135,432 units. But globally, sales slumped by 4.1 percent to 298,167 units, with those in China logging its 16th consecutive monthly decline on fierce price competition. Meanwhile, Nissan Motor Co., which is struggling to turn around its business and undergoing restructuring, saw global output decline 16.5 percent to 229,645 units and global sales slip 6.0 percent to 256,159 units. The company earlier this week said it forecasts a net loss of 200 billion yen ($1.38 billion) for the April-June period, weighed down by effects of the U.S. tariffs.
Yahoo
10-06-2025
- Automotive
- Yahoo
Toyota and Daimler Just Shocked the Trucking World with a $6.4B Power Play
Toyota (NYSE:TM) and Daimler Truck just sealed a $6.4 billion merger between their Japanese truck divisionsHino Motors and Mitsubishi Fusosetting the stage for a heavyweight in commercial vehicles that could finally give China's EV truck momentum a run for its money. The two companies have been circling this deal since May 2023, but an engine data scandal at Hino and a record $1.2 billion U.S. settlement delayed the closing. Now it's official. The new entity, which will sell over 200,000 units a year, is expected to go live by April 2026, with a planned listing in Japan. Toyota and Daimler Truck will each hold 25% of the holding company, but Toyota's voting rights will be capped at 19.9%. Warning! GuruFocus has detected 3 Warning Sign with TM. This merger could be a defensive playand possibly a hydrogen-powered counterattack. With battery-electric vehicles already dominating cars, Toyota sees trucking as the best shot to scale its hydrogen fuel cell bets. That's key, especially as CATL's Robin Zeng recently projected that half of all new trucks sold in China could be electric by 2028. The combined group, led by Mitsubishi Fuso CEO Karl Deppen, gives Japan a consolidated commercial vehicle force to compete on tech and scale, while leaving Isuzu to lead the other half of the domestic market. Jefferies puts the combined group's equity value at 5.6 billion, pegging it at 11x EBIT. There's more. As part of the deal, Toyota is buying Hino's Hamura plant for 150 billion ($1 billion)a site where it already builds the Hilux and Land Cruiser 250. This adds to the company's broader restructuring, including a planned $33 billion take-private of Toyota Industries. But the road ahead won't be smooth. Both Toyota and Daimler Truck have lost ground in market share, and U.S. tariffs haven't made life easier. Still, in a market shifting fast toward electrification and autonomy, the merger could help them stay in the fightespecially if hydrogen ends up playing a bigger role than expected. This article first appeared on GuruFocus.
Yahoo
10-06-2025
- Automotive
- Yahoo
Toyota and Daimler Just Shocked the Trucking World with a $6.4B Power Play
Toyota (NYSE:TM) and Daimler Truck just sealed a $6.4 billion merger between their Japanese truck divisionsHino Motors and Mitsubishi Fusosetting the stage for a heavyweight in commercial vehicles that could finally give China's EV truck momentum a run for its money. The two companies have been circling this deal since May 2023, but an engine data scandal at Hino and a record $1.2 billion U.S. settlement delayed the closing. Now it's official. The new entity, which will sell over 200,000 units a year, is expected to go live by April 2026, with a planned listing in Japan. Toyota and Daimler Truck will each hold 25% of the holding company, but Toyota's voting rights will be capped at 19.9%. Warning! GuruFocus has detected 3 Warning Sign with TM. This merger could be a defensive playand possibly a hydrogen-powered counterattack. With battery-electric vehicles already dominating cars, Toyota sees trucking as the best shot to scale its hydrogen fuel cell bets. That's key, especially as CATL's Robin Zeng recently projected that half of all new trucks sold in China could be electric by 2028. The combined group, led by Mitsubishi Fuso CEO Karl Deppen, gives Japan a consolidated commercial vehicle force to compete on tech and scale, while leaving Isuzu to lead the other half of the domestic market. Jefferies puts the combined group's equity value at 5.6 billion, pegging it at 11x EBIT. There's more. As part of the deal, Toyota is buying Hino's Hamura plant for 150 billion ($1 billion)a site where it already builds the Hilux and Land Cruiser 250. This adds to the company's broader restructuring, including a planned $33 billion take-private of Toyota Industries. But the road ahead won't be smooth. Both Toyota and Daimler Truck have lost ground in market share, and U.S. tariffs haven't made life easier. Still, in a market shifting fast toward electrification and autonomy, the merger could help them stay in the fightespecially if hydrogen ends up playing a bigger role than expected. This article first appeared on GuruFocus.
India Today
21-04-2025
- Automotive
- India Today
Toyota showcases its rugged, open-top SUV, the Land Cruiser ROX concept
Toyota showcased the Land Cruiser ROX concept at the 2025 New York International Auto Show. The Land Cruiser ROX Concept is a rugged, open-air SUV that pays homage to the brand's storied off-road heritage while teasing a future of adventure-ready innovation. The Land Cruiser Rox is a reimagined version of the 2024 Land Cruiser 250 advertisementThe concept signals Toyota's ambition to compete with rivals like the Jeep Wrangler and Ford Land Cruiser Rox, which stands for 'Recreation Open eXperience,' is a reimagined version of the 2024 Land Cruiser 250, crafted by Toyota's Calty Design Research studio in Ann Arbor, Michigan. Over 50 per cent of the vehicle's body was redesigned to create a fully functional, open-top prototype that blends vintage aesthetics with cutting-edge engineering. The concept features a sliding soft-top roof, custom 'skeleton' doors with open sections, and a functional mid-gate that provides seamless access to a rear cargo bed, evoking the spirit of classic FJ40 Land Cruisers from the 1960s and 1970s. Finished in a nostalgic 'Spring Green' shade, reminiscent of classic Land Cruiser models. advertisement Painted in a nostalgic 'Spring Green' hue—a nod to vintage Land Cruiser models—the Rox boasts a widened track by eight inches and a four-inch lift, courtesy of a Toyota Racing Development (TRD)-tuned independent suspension with forged aluminum control arms. Its 18-inch machined billet wheels, wrapped in oversized off-road tires, are housed within bold trapezoidal fender flares, enhancing its aggressive stance. Additional utility features include a triple-bar roof rack with molle panels, seven roof-mounted auxiliary lights, and custom steel bumpers with red tow hooks, brush guards, and a winch. Added utility features include a triple-bar roof rack with molle panels, seven roof lights, and custom steel bumpers with red tow hooks, brush guards, and a winch. Inside, the ROX combines rugged functionality with premium touches. The cabin features orange leather upholstery, custom SLS Nylon 3D-printed components like door sills, and door panels with integrated safety kits and webbing for storing adventure gear. The open-air design blurs the line between the interior and the outdoors, offering an immersive experience for off-road enthusiasts. Inside, the cabin features orange leather upholstery. As Toyota continues to evolve its off-road portfolio, the Land Cruiser ROX Concept serves as a bold statement of intent. Whether it remains a one-off showpiece or sparks a new production model, its presence at the 2025 New York Auto Show has solidified Toyota's commitment to redefining adventure for a new generation of more details about the New York Auto Show, stay tuned to Auto to Auto Today MagazineMust Watch
