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Toyota Motor Corporation flags $4.3 bn war hit on supply shocks

Toyota Motor Corporation flags $4.3 bn war hit on supply shocks

by AIP Online Bureau | May 10, 2026 | Eco/Invest/Demography, International News, Risk Management

Toyota Motor Corporation reported a nearly 50% drop in quarterly earnings and expects full-year profit to fall about 20% as war-driven costs and supply disruptions bite.Hybrid sales are set to exceed 5 million units for the first time, reflecting strong demand for...

Toyota’s Japanese insurer sues South Africa over $361 million flood claim

by AIP Online Bureau | Jun 23, 2025 | Eco/Invest/Demography, International News, Non-Life, Reinsurance, Risk Management

The claim alleges that the floods, which closed the Prospecton plant for four months, cost the company about 4.5 billion rand in plant repairs and rehabilitation and more than 2 billion rand in business interruption, the newspaper reported. A 6.5 billion rand ($361...

Japan auto safety scandal widens, Toyota halts some shipments

by AIP Online Bureau | Jun 3, 2024 | Eco/Invest/Demography, International News, Non-Life, Policy, Regulation, Risk Management, Technology

The ministry ordered Toyota, Mazda and Yamaha to suspend shipments of some vehicles. It said it will conduct an on-site inspection at Toyota’s central Aichi prefecture headquarters on Tuesday Tokyo: A safety test scandal at Japanese automakers widened on Monday, with...
Toyota holds lead as world’s No. 1 carmaker for 4th yr

Toyota holds lead as world’s No. 1 carmaker for 4th yr

by AIP Online Bureau | Jan 30, 2024 | Data, Technology

While 2023’s full-year figures cement Toyota’s dominance, it was China’s BYD Co. that arguably generated the most buzz last year when it surpassed Elon Musk’s Tesla Inc. as the world’s top maker of electric cars. Shenzhen-based BYD, which only sells EVs and plug-in...
Toyota warns 50,000 vehicle owners to stop driving, get immediate repairs

Toyota warns 50,000 vehicle owners to stop driving, get immediate repairs

by AIP Online Bureau | Jan 30, 2024 | International News, Non-Life, Risk Management, Technology

More than 30 deaths worldwide, including 26 U.S. deaths, and hundreds of injuries in various automakers’ vehicles since 2009 are linked to Takata air bag inflators that can explode, unleashing metal shrapnel inside cars and trucks Washington: Toyota Motor said...
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