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The automaker will begin selling two U.S.-built cars — the Acura Integra Type S and the Honda Passport TrailSport Elite — in Japan in the second half of this year, it said March 5.

Kenta Kon, 57, on Feb. 6 was unexpectedly announced as the next CEO of Toyota, to replace Koji Sato, who will become vice chairman in April after three years in the role. 

This could be Toyota Industries' last fiscal year as a publicly listed company as it is the subject of a take-private proposal from the Toyota group.

Toyota kept its title as the world’s biggest carmaker for a sixth year, widening its lead over Volkswagen by posting record sales despite trade turmoil and growing competition.

Toyota’s estimate dwarfs recent forecasts from global heavyweights as the auto industry contends with fast-changing policies that are seeing costs balloon.

Nissan plans to shutter vehicle output at its main domestic plant and transfer operations to a factory in Kyushu as it seeks to reduce costs and production capacity.

Toyota and Daimler Truck have agreed to finalize a merger of their truck manufacturing subsidiaries, Hino Motors  and Mitsubishi Fuso Truck & Bus, under a new holding company by April 2026.

The Toyota group’s proposal to privatize Toyota Industries is drawing criticism from investors and analysts, who argue the $33 billion deal significantly undervalues the company.

Japan’s biggest carmakers are looking at a hit of more than $19 billion from President Donald Trump’s tariffs that have left the global auto industry reeling.

Toyota said U.S. tariffs will result in a $1.3 billion hit to operating income in just two months, with the carmaker joining a growing list of companies grappling with the trade turmoil.