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Toyota Vietnam announces sales of 5,831 cars in May 2025 (including Lexus)
Toyota Vietnam announces sales of 5,831 cars in May 2025 (including Lexus) Announced on June 1, 2025, Toyota Vietnam Automobile Company (TMV) posted sales of 5,831 vehicles in May 2025, including Lexus models. Of this total, Toyota-branded vehicles accounted for 5,665 units, comprising 2,080 domestically assembled units and 3,585 imported units. Cumulatively, TMV delivered 23,061 vehicles during the first 5 months of 2025, marking a strong 34% in...
News Updated at: 2025/06/05
U.S. auto sales up 1.4% in May, rush buying before tariff hikes slows
nalysis: BEA) New vehicle inventory have declined due to both the rush in demand and production adjustments. Total inventory at the beginning of May was 2.49 million units (down from 2.57 million in mid-April). As of the end of April, inventory days by brand showed that among Japanese automakers, Toyota 23 days, Lexus 20 days, Honda 39 days, and Subaru 31 days — all relatively low. In contrast, Acura had 58 days, Nissan 56 days, Mazda 42 days...
News Updated at: 2025/06/04
Toyota on track for its new U.S.-made EVs, battery production
Toyota on track for its new U.S.-made EVs, battery production Toyota is staying on track with plans for EV production in the U.S. amid Trump trade tariffs and loss of EV incentives. Production of two U.S.-made all-electric large crossover models is slated to begin in 2026, in Georgetown, Kentucky and Princeton, Indiana, though the names and other details have not been released. Company executives say they expect slow but steady growth in U.S. E...
News Updated at: 2025/05/30
Toyota to revamp hybrid systems and adopt SiC power semiconductors for all-new Lexus ES Hybrid
Toyota to revamp hybrid systems and adopt SiC power semiconductors for all-new Lexus ES Hybrid Toyota Motor Corporation (Toyota) will adopt a next-generation hybrid system for the all-new Lexus ES Hybrid, which is scheduled to be launched in Japan in the spring of 2026. The power control unit (PCU) designed to control electric current and voltage will have silicon carbide (SiC) power semiconductors to dramatically improving energy efficiency. The...
News Updated at: 2025/05/28
Toyota to adopt Denso’s SiC power semiconductors for all-new RAV4 PHV
Toyota to adopt Denso’s SiC power semiconductors for all-new RAV4 PHV Toyota Motor Corporation (Toyota) will adopt Denso Corporation (Denso)’s silicon carbide (SiC) power semiconductors for the all-new RAV4 plug-in hybrid vehicle (PHV). This is the first time Toyota has used SiC power semiconductors in a PHV. Toyota will also use SiC power semiconductors in hybrid vehicle (HV) variants of the all-new Lexus ES and other models. The benefit of ...
News Updated at: 2025/05/28
Lexus 2026 RZ debuts in North America with more electric performance
Lexus 2026 RZ debuts in North America with more electric performance On May 19, Lexus announced that the enhanced 2026 RZ made its North American debut. The battery electric luxury SUV features comprehensive revisions for more power and greater range. The 2026 RZ is assembled at Toyota’s Motomachi plant in Aichi, Japan and is expected to go on sale later in 2025. The 2026 RZ features a redesigned battery electric system, delivering increased mo...
News Updated at: 2025/05/21
Xiaomi EV’s largest flagship center in Shanghai to open in October 2025
hai and first delivery center in Pudong, it is scheduled for opening in October 2025. Settled in the Waigaoqiao Automotive Theme Park are display and service centers of many well-known automotive brands, including Audi’s largest global flagship center, BMW’s largest Chinese flagship center, and Lexus, Volvo Cars, VW, and Toyota’s service centers. From information on the SHFTZ website...
News Updated at: 2025/05/19
Auto sales in Vietnam up 21.5% in April
ufacturers) sales in April were up 10.2% y/y to 23,186 units. VAMA members passenger car sales were up 3.6%, commercial vehicles were up 23.5% and special purpose vehicles were down 50.4% and hybrid vehicles were up 88.2% to 973 units. By brand sales in April based on MarkLines Data Center figures, Toyota (excluding Lexus) was up 24.2% y/y to 5,566 units with a 18.8% market share. Ford was up 30.9% to 3,997 units with a 13.5% market share. Thaco ...
News Updated at: 2025/05/13
Toyota reports 10.4% decline in FY2024 operating income; Expects 21% decrease in FY2025
Toyota reports 10.4% decline in FY2024 operating income; Expects 21% decrease in FY2025 On May 8, 2025, Toyota announced its consolidated sales revenues for the fiscal year ended March 31, 2025 (April 1, 2024 through March 31, 2025) increased by 6.5% year-on-year to JPY 48,036.7 billion. Operating income decreased by 10.4% year-on-year (YoY) to JPY 4,795.6 billion, while net income attributable to Toyota Motor Corporation decreased 3.6% to 4,765....
News Updated at: 2025/05/08
Toyota Vietnam announces sales of 5,683 cars in April 2025 (including Lexus)
Toyota Vietnam announces sales of 5,683 cars in April 2025 (including Lexus) Announced on May 1, 2025, Toyota Vietnam’s sales in April 2025 reached 5,683 units, including Lexus models. Sales of Toyota-branded vehicles totaled 5,566 units, marking an increase of around 24% YoY. This figure includes 1,682 domestically assembled units and 3,884 imported units. Sales of HEV models reached 600 units in April. The total number of Toyota vehicles so...
News Updated at: 2025/05/07
U.S. auto sales up 9.9% in April on rush demand, inventory decline and price hikes concerns going forward
9 million in early March and 2.66 million in mid-March). Inventory days by brand at the end of March were apparently much lower for major brands due to the rush demand in March. Lincoln, Infiniti, and Ram had larger inventories at 85, 82, and 78 days, respectively. Meanwhile, among Japanese brands, Toyota had 23 days, Lexus 22 days, Honda 37 days, Acura 61 days, Nissan 38 days, Subaru 25 days, Mazda 42 days, and Mitsubishi 33 days. Korean brands,...
News Updated at: 2025/05/02
Toyota invests USD 88 million in new hybrid transaxle line in West Virginia powertrain plant
Toyota invests USD 88 million in new hybrid transaxle line in West Virginia powertrain plant On April 23, Toyota announced that Toyota West Virginia will invest USD 88 million to assemble the next generation of hybrid transaxles, bringing total plant investment to more than USD 2.8 billion and reinforcing job security to its more than 2,000 team members. Scheduled to start production in late 2026, the hybrid transaxle will help power future Toyot...
News Updated at: 2025/04/24
Auto Shanghai 2025: Toyota premieres all-new bZ7 and Lexus ES
Auto Shanghai 2025: Toyota premieres all-new bZ7 and Lexus ES On April 23, Toyota Motor announced at Auto Shanghai 2025 that it will be expanding its battery electric vehicle (BEV) lineup in China as part of its multi-pathway approach toward achieving a carbon-neutral society. Toyota unveiled the all-new bZ7 BEV, developed locally by Guangzhou Automobile Group Co., Ltd. (GAC), Guangzhou Toyota Motor Co., Ltd. (GTMC), and Intelligent ElectroMobili...
News Updated at: 2025/04/23
Auto Shanghai: Lexus unveils all-new ES
Auto Shanghai: Lexus unveils all-new ES On April 23, Lexus unveils the all-new ES sedan at its world premiere at the Shanghai Motor Show. A phased rollout across various regions is scheduled to begin in the middle of 2026. The all-new 8th-generation ES stands as a forerunner in Lexus's next-generation electrification lineup. It aspires to deliver a refined driving experience across every scene - further enhancing quietness and ride comfort with s...
News Updated at: 2025/04/23
Auto sales in Vietnam up 16.3% in March
embers (20 manufacturers) sales in March were up 8.1% y/y to 26,079 units. VAMA members passenger car sales were up 5.5%, commercial vehicles were up 12.3% and special purpose vehicles were down 16.1% and hybrid vehicles were up 39.8%. By brand sales in March based on MarkLines Data Center figures, Toyota (excluding Lexus) was up 38.9% y/y to 5,370 units with a 16.9% market share. Mitsubishi was up 28.3% to 4,412 units with a 13.9% market share. ...
News Updated at: 2025/04/14
Toyota unveils new engine for both horizontal and vertical placement
Toyota unveils new engine for both horizontal and vertical placement Toyota Motor Corporation (Toyota) has unveiled an evaluation vehicle equipped with its vertically placed “G20E”, a 2-liter in-line 4-cylinder turbo engine that is currently under development. Vice President Hiroki Nakajima commented, "Toyota has been developing the G20E that can be placed horizontally and vertically for a wide variety of uses." At the Tokyo Auto Salon held i...
News Updated at: 2025/04/08
Toyota Vietnam announces sales of 5,455 cars in March 2025 (including Lexus)
Toyota Vietnam announces sales of 5,455 cars in March 2025 (including Lexus) Announced on April 2, 2025, Toyota Vietnam’s sales in March 2025 reached 5,455 units, including Lexus models. Sales of Toyota-branded vehicles totaled 5,370 units, marking an increase of around 39% YoY. This figure includes 1,972 domestically assembled units and 3,398 imported units. Sales of HEV models reached 488 units in March. The Toyota Yaris Cross led the brand's...
News Updated at: 2025/04/04
U.S. auto sales up 9.1% in March as pre-tariff rush boosts new car sales
tal inventory at the beginning of March was 2.99 million units (2.95 million units at the start of February) but fell to 2.66 million mid-month. Among major brands, Lincoln had a higher inventory at 118 days and Dodge 94 days at the end of February 2025. Meanwhile, among Japanese-affiliated brands, Toyota, Lexus, Honda, Acura, Nissan, and Infiniti were 30, 29, 49, 63, 45, and 83 days in stock, respectively. Other Japanese brands include Subaru 43...
News Updated at: 2025/04/02
Toyota offers 2025 Mirai FCEV in single trim level in U.S.
Toyota offers 2025 Mirai FCEV in single trim level in U.S. On March 28, Toyota announced that its Mirai enters the 2025 model year in a sole model level trim, the XLE grade that includes an enhanced list of standard features like a Panoramic View Monitor, Front and Rear Parking Assist with Automatic Braking, front-seat foot illumination, Digital Key capability and dual-tone heated outside mirrors. Toyota Safety Sense 3.0 will continue to come sta...
News Updated at: 2025/03/29
Toyota to cancel plan of EV-exclusive Lexus brand
Toyota to cancel plan of EV-exclusive Lexus brand It has been reported that Toyota Motor Corporation (Toyota) is considering the withdrawal of its plan to change its Lexus high-end brand into an electric vehicle (EV) brand in 2035. Toyota, whose mid-term plan aims to achieve sales of 100% EVs in Europe, North America, and China in 2030, has determined that it will be difficult to achieve the goal based on actual demand and local policies. In Chin...
News Updated at: 2025/03/25