Reported on August 17, 2026, Thailand’s Deputy Prime Minister and Finance Minister Ekniti has instructed officials to complete a new automotive excise tax structure by September, with implementation targeted before the end of 2026. The proposal would offer lower rates to companies investing in production facilities i
Reported on August 15, 2026, Toyota Motor Thailand and Honda Automobile Thailand have urged the Thai government to revise vehicle tax policies, citing what they described as an imbalance between locally manufactured and imported vehicles.
Toyota said imported Chinese EVs benefit from lower tax burdens and government
Recently, Japanese OEMs Toyota Motor Corporation (Toyota) and Honda Motor Co., Ltd (Honda) released their July 2026 new car sales results in China.
Toyota reported sales of 114,700 units in China in July, down 24.3% year-over-year (y/y), marking its sixth consecutive month of y/y decline. Year-to-date (YTD) sales fel
On August 10, Lexus announced the return of the eighth-generation Lexus ES sedan’s first-ever battery-electric (BEV) models carrying over for 2027 alongside the 2027 ES 350h hybrid models. 2027 ES models are expected to arrive in U.S. dealerships in September.
Every 2027 Lexus ES shares the new styling introduced las
On August 10, Toyota Motor Engineering & Manufacturing announced the company is recalling 508,354 2025-2026 Camry Hybrid vehicles in the U.S. over blank display screen issues and other errors.
The subject vehicles are equipped with a 7-inch display combination meter, which controls certain vehicle functions and displ
Announced on August 7, 2026, the National Science and Technology Development Agency (NSTDA), through its National Metal and Materials Technology Center (MTEC) and National Energy Technology Center (ENTEC), showcased research and innovations in renewable energy, energy efficiency, materials technologies, and environme
Reported on August 8, 2026, Indonesia is seeking to persuade Toyota Motor Corporation to shift its main production base from Thailand, with the Indonesian Finance Minister saying Jakarta is prepared to offer investment incentives and regulatory concessions.
Speaking at the Gaikindo Indonesia International Automotive
Announced on August 3, 2026, Toyota Motor Vietnam (TMV) reported July 2026 sales of 7,084 vehicles (including Lexus).
Sales of Toyota models totaled 6,871 vehicles, comprising 1,907 domestically assembled (CKD) units and 4,964 imported units. Hybrid Electric Vehicle (HEV) sales reached 1,233 units in July.
TMV’s cumu
Announced on August 5, 2026, Toyota Motor Vietnam will showcase the recently introduced Toyota Land Cruiser FJ at its Hilux 2026 “Breakthrough Mile” test drive events, allowing visitors to experience the Land Cruiser FJ, drive the 2026 Hilux, and explore Toyota Safety Sense technology through a virtual reality experi
Announced on July 31, 2026, Toyota Motor Thailand reported first-half 2026 sales of 117,333 units, up 3.0% year-on-year, with a 33.8% market share. Sales were led by the Pure Pick Up segment (Hilux Travo, Revo, and Champ) at 37,244 units, up 6.0% YoY, and the Eco Segment (Yaris and Yaris ATIV) at 35,567 units, up 23.
On August 6, Toyota UK introduced a new two-seat version of the all-new Hilux, adding a factory conversion option designed to increase load-carrying capacity for business users.
Based on the Double Cab body style, the conversion replaces the rear bench seat with a flat cargo area measuring 1,290 mm wide and 640 mm de
On August 4, Toyota announced its consolidated financial results for the first quarter (Q1) of the fiscal year ending March 31, 2027.
Sales revenue in Q1 increased by 10.4% year-on-year (YoY) to JPY 13,525.4 billion. Operating income decreased by 8.8% YoY to JPY 1,063.5 billion. Net income attributable to Toyota Moto
Reported on August 5, 2026, Toyota Motor Philippines (TMP) announced during its 38th anniversary event that it aims to reach three million cumulative sales in 2026.
TMP reached its one million cumulative sales after 27 years of operation and the second million after seven years. The company expects to reach the third
Toyota's FY2026 first quarter financial results were announced.
Revenue increased 10.4% YoY to JPY 13,525.4 billion. This was a JPY 1,272.1 billion increase over the previous year's JPY 12,253.3 billion.
Operating income fell 8.8% YoY to JPY 1,063.5 billion. This was a decrease of JPY 102.7 billion from the JPY 1,1
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