Toyota dealers are running out of cars while competitors sit on months of unsold inventory, and the reasons behind this gap reveal just how dramatically the auto industry's pecking order has shifted.
According to Cox Automotive, Toyota (NYSE: TM | TM Price Prediction) has only a 35-day supply of inventory, the lowest among all car brands… People can’t buy a RAV4 Hybrid today. “It is really unusual to see cars fly off the dealers’ lots like this,” Jessica Caldwell, head of product insight at Edmunds, told CNBC.
To get a sense of how hot Toyota cars are now, the average days of supply across the industry in the US is 82 days. Toyota’s luxury brand, Lexus, ranks second among scarce brands at 41 days. At the far end of the spectrum, Ram’s inventory supply is 152 days.
Toyota’s inventory levels vary by model. Among the models that have sold the most units through the first three quarters of the year, in the top 25 as measured by Car and Driver, the Toyota Corolla ranks 11th with 195,141 units sold. The Tacoma ranks 9th with 214,875. The RAV4 ranks 7th at 253,644. The Camry ranks 6th at 260,684. Most other best-selling vehicles are traditional full-size pickups, including the Chevy Silverado (413,383), Ford F-150 (556,738), and Ram (325,348).
Why does Toyota do so well? It has been at or near the top of the list for high-quality cars. In the Consumer Reports reliability rankings, it is often No. 1. In J.D. Power, it’s usually in the top tier.
And Toyotas are affordable. The average price of a new car in the US is nearly $50,000. The RAV4 starts at $32,000. The Corolla starts at $23,000. The Camry starts at $30,000. And the Tacoma starts at $33,000.
As embarrassing as it is for Ford (NYSE: F), the No. 2 US car company is no longer No. 2 in sales in the US. Toyota holds that distinction, just behind GM (NYSE: GM).
Contact [email protected] for any questions or corrections.
, /PRNewswire/ -- Toyota Motor North America's Hydrogen Headquarters (H2HQ) division is making steady progress in fueling improvements for heavy-duty fuel cell trucks as it works to bring these advancements to Toyota's commercial fleets in the U.S.
Toyota Achieves Heavy-Duty Hydrogen Truck Milestones
Toyota recently installed two mobile hydrogen fueling devices at North American Parts Center California (NAPCC), its largest parts distribution facility in the U.S. With the tanks and fuel ready, Toyota's commercial logistics fleets plan to use the mobile fuelers to support Toyota operations by fueling heavy-duty fuel cell trucks hauling freight from the Port of Los Angeles to Ontario, and throughout the region. A permanent station is planned to be built on location.
The station will initially fuel heavy-duty trucks commissioned through Hyroad Energy and will later integrate heavy-duty trucks with Toyota's own certified fuel cell powertrain.
Toyota and National Lab of the Rockies Complete Milestone Filling
In a public-private partnership, Toyota is collaborating with the U.S. Department of Energy's National Laboratory of the Rockies (NLR) in Golden, Colorado, to research several initiatives, including 70 MPa high-flow hydrogen fueling for heavy-duty trucks.
High-flow fueling allows trucks to accept hydrogen fuel at speeds up to 300g/s, or about five times faster than the rate of conventional light-duty fueling technology. It allows heavy-duty trucks to carry energy into the vehicle at an equivalent speed of a 20 MW fast charger. Refueling times are comparable to modern diesel-powered, heavy-duty trucks. Unlike a diesel powertrain, however, fuel cells emit only water.
Toyota and NLR engineers and researchers have performed multiple rounds of testing per SAE J2601-5 standards, successfully demonstrating that Toyota-powered heavy-duty trucks can be refueled in about eight minutes for a range of up to 450 miles.
Production Toyota-powered trucks are expected to hit the open road for commercial operations in 2027.
Building the Next Generation of Hydrogen Fueling
Over the next several months, Toyota aims to upgrade its private fueling infrastructure at its H2HQ to the same high-flow standard for testing heavy-duty vehicles. It also plans to install new equipment for light passenger fuel cell electric vehicles in order to evaluate station hardware and share insights intended to improve operations and reliability.
When the publicly available permanent station at NAPCC goes online, Toyota plans to provide conventional and high-flow hydrogen fueling for heavy-duty trucks, along with a separate area for fueling light-duty vehicles.
Toyota continues to develop and refine fuel cell technologies for heavy-duty vehicles, commercial applications, stationary power generation and light-duty passenger vehicles, including supporting past, current and future vehicle development.
About Toyota Hydrogen Headquarters (H2HQ)
Toyota Hydrogen Headquarters (H2HQ) is the lead office in North America for the development, engineering, commercialization and business operations of Toyota's hydrogen fuel cell technologies. Based in Gardena, California, H2HQ works collaboratively with Toyota's R&D offices in Michigan and Texas, as well as business units in Japan and internationally, to create zero-emissions fuel cell technologies that enable energy independence, innovation and the movement of people, goods, energy and information.
For more information about Toyota, visit Toyota Hydrogen Headquarters (H2HQ) – Toyota USA Newsroom.
About Toyota
Toyota (NYSE: TM) has been a part of the cultural fabric in North America for nearly 70 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our more than 1,800 dealerships.
Toyota directly employs nearly 64,000 people in North America who have contributed to the design, engineering, and assembly of over 50 million cars and trucks at our 14 manufacturing plants. In 2025, Toyota's plant in North Carolina began to assemble automotive batteries for electrified vehicles.
For more information about Toyota, visit www.ToyotaNewsroom.com.
Toyota Motor North America ve třetím čtvrtí prodala v USA 633 223 vozů, meziročně o 0,6 % více. Prodeje elektrifikovaných vozů vzrostly o 28,5 % na 363 367 kusů.
Key Takeaways TMNA sold 633,223 vehicles in Q3, up 0.6%, while electrified sales rose 28.5%.Toyota's September sales climbed 7.9%, while electrified vehicle sales jumped 37.8% year over year.Lexus posted 11.4% September sales growth, while Q3 sales increased 1.6% year over year. Toyota Motor Corporation (TM - Free Report) reported a slight year-over-year increase in its third-quarter U.S. sales. Its North American unit, Toyota Motor North America (“TMNA”), sold 633,223 vehicles, up 0.6% from the year-ago period on both a volume and DSR basis. Electrified vehicle sales increased 28.5% year over year to 363,367 units on both measures, representing 57.4% of total quarterly sales.
The unit reported strong U.S. sales growth in September 2026, selling 201,306 vehicles during the month. Sales increased 8.4% year over year on a volume basis and 4% on a daily selling rate (DSR) basis. Electrified vehicle sales reached 117,215 units, rising 37.8% year over year on a volume basis and 32.2% on a DSR basis. Electrified models accounted for 58.2% of total sales. Toyota and Lexus together currently offer 32 electrified models at U.S. dealerships.
The Toyota division recorded September sales of 171,469 vehicles, up 7.9% on a volume basis and 3.6% on a DSR basis year over year. For the third quarter, sales totaled 540,167 vehicles, up 0.5% year over year on both volume and DSR basis.
Meanwhile, the Lexus division sold 29,837 vehicles in September, marking an 11.4% increase year over year on a volume basis and a 6.9% rise on a DSR basis. For the third quarter, Lexus sales reached 93,056 vehicles, up 1.6% year over year on both a volume and DSR basis.
TM’s Zacks Rank & Key PicksToyota currently has a Zacks Rank #3 (Hold).
Some better-ranked stocks in the auto space are Mobileye Global Inc. (MBLY - Free Report) and Garrett Motion Inc. (GTX - Free Report) . While MBLY sports a Zacks Rank #1 (Strong Buy), GTX has a Zacks Rank #2 (Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for MBLY’s 2026 sales and earnings implies year-over-year growth of 5.6% and 36.1%, respectively. The EPS estimate for 2026 and 2027 has improved 3 cents each over the past 60 days.
The Zacks Consensus Estimate for GTX’s 2026 sales and earnings implies year-over-year growth of 7.2% and 25.7%, respectively. The EPS estimate for 2026 and 2027 has improved 5 cents and 4 cents, respectively, over the past 60 days.
Toyota is closing in on GM's U.S. sales crown, and the fuel Americans put in their cars may be the deciding factor. The race between Detroit and Tokyo is tighter than it has been in years, and one product launch…
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General Motors (NYSE:GM | GM Price Prediction) said it sold 670,974 U.S. vehicles in the third quarter, down 5.5%. Toyota Motor (NYSE:TM) posted 633,223 through Toyota Motor North America, up 0.6%.
That leaves a quarterly gap of 37,751 vehicles. GM’s year-to-date lead is about 136,000, but the trend now favors Toyota.
Hybrid buyers are deciding this race.
GM’s electric vehicle sales fell 62%. The Chevrolet Equinox EV dropped more than 92%, and Cadillac fell 30%, according to Quartz. Toyota Motor North America said its electrified sales rose 28.5% and made up 57.4% of its U.S. volume.
Hybrids cost less than most battery models and need no charger. GM’s finance chief blamed part of the company’s lost market share on a smaller EV market after consumer incentives were cut.
High Gas Prices Are Steering Shoppers to Toyota Gasoline averaged $4.43 a gallon in September, up from $3.20 a year earlier. Industry sales fell about 1% to about 4.1 million vehicles. Honda (NYSE:HMC) grew 9.3% on record hybrid volume.
Higher fuel costs explain why fuel-efficient vehicles are selling. Industry economist Charlie Chesbrough forecast Detroit Three market share would fall to “just over 36%”, the lowest on record.
GM pickups still carry the profit.
Duncan Aldred, GM’s North America president, said: “the launch of our next-generation full-size pickup trucks is on track.” The earnings numbers support his profit outlook.
GM North America earned $3.45 billion in second-quarter adjusted EBIT at an 8.6% margin, with U.S. full-size pickup share above 42%. Toyota’s operating income fell 8.8% last quarter as labor, depreciation, and R&D costs rose.
Timing still works against GM. Management expects the truck transition to cost about 35,000 units of fourth-quarter volume, which is roughly the size of the third-quarter gap.
Why GM Stock Outran Toyota Anyway GM shares rose 30.41% over the past year while Toyota’s fell 4.43%. Sales leadership measures volume, while share price reflects margins, capital returns, and currency.
GM raised 2026 adjusted EPS guidance to $12.00 to $14.00 and bought back $2.8 billion of stock in the first half. Toyota expects full-year operating income to drop 9.7%, even with a weaker yen helping.
Should You Buy or Sell GM Stock GM looks like the cheaper of the two stocks. At $79.33, it trades at about 6 times forward earnings versus about 11 for Toyota. A $6 billion buyback authorization should lift earnings per share.
Toyota has the better range for expensive fuel and should keep closing the gap. However, tariffs that cost it 1.38 trillion yen last fiscal year are reducing much of the profit from those hybrids.
I would rethink this view if the new Silverado and Sierra, due in showrooms in December, launch late or fail to stop GM’s market share decline.
Contact [email protected] for any questions or corrections.
Uvolnění pravidel pro spotřebu paliva má automobilkám do roku 2031 ušetřit asi 60,6 mld. USD na nákladech na dodržování předpisů. GM z toho má získat nejvíc, zhruba 20,4 mld. USD.
Key Takeaways GM could save $20.4B as revised fuel economy rules cut projected compliance technology costs.Automakers could save about $60.6B in compliance spending under the revised standards through 2031.NHTSA estimates 2031 vehicle costs could fall by $1,289 if automakers pass savings to buyers. The Trump administration has rolled back the fuel economy standards adopted under the Biden administration in 2024. The new rules cover passenger cars and light-duty trucks for model years through 2031 and are expected to take effect in December. The change will cut automakers' compliance-related technology spending by about $60.6 billion over the period, per the U.S. Department of Transportation as cited in Reuters.
A Lighter Fuel Economy Target for AutomakersThe 2024 Corporate Average Fuel Economy (CAFE) standards were designed to cut greenhouse gas emissions, reduce reliance on fossil fuels and push the market toward hybrids and electric vehicles. To meet them, automakers would have had to add more fuel-saving technology or sell more EVs.
The revised rules ease that pressure. The earlier standards projected a fleet-wide average of roughly 50.4 miles per gallon by model year 2031. Under the revised rules, the administration projects 34.9 mpg, a gap of more than 15 mpg.
GM Takes the Lead in Projected SavingsGeneral Motors (GM - Free Report) is set to gain the most from the rollback of federal fuel economy standards. Under the old rules, its technology costs through 2031 were estimated at $31.7 billion. The Transportation Department now expects the rollback to trim $20.4 billion from that figure, according to Reuters.
Other automakers also benefit, though by smaller amounts. Stellantis (STLA - Free Report) is expected to see its costs fall by $6.6 billion, followed by Ford (F - Free Report) at $5.8 billion. Toyota's (TM - Free Report) projected reduction is $4.5 billion, while Honda's (HMC - Free Report) is $4.1 billion.
These are projected cuts in compliance spending, not added profit. The uneven split suggests General Motors faced a steeper climb under the old standards than its Japanese rivals did.
The Affordability ArgumentU.S. Transportation Secretary Sean Duffy expects that lower compliance costs will help manufacturers expand U.S. production and make new vehicles more affordable. The National Highway Traffic Safety Administration (NHTSA) estimates that average per-vehicle costs for model year 2031 could fall by $1,289, but only if automakers pass the savings on to consumers.
Part of a Bigger ShiftThe rollback is the latest in a series of moves that have weakened the policy push toward cleaner vehicles under Trump. The July 2025 budget law ended the $7,500 federal EV tax credit, and that same month the administration dropped penalties for automakers who missed fuel economy targets. In February 2026, the EPA went further by repealing its vehicle greenhouse gas emissions standards. Environmental groups say the latest step reflects a broader retreat from climate and pollution priorities, noting that EVs produce fewer emissions than gasoline-powered cars.
What to Watch NextRelaxed rules do not necessarily mean buyers will stop caring about fuel costs. Drivers who want lower spending at the pump may keep favoring brands with strong fuel economy, particularly hybrid-heavy lineups. That could limit how far the rollback changes what people actually buy.
For investors and industry watchers, the key questions are whether automakers further slow their electrification plans, whether the savings show up in prices or in margins, and how the rules fare once they take effect in December.
Toyota otevřela v Saline v Michiganu nové Toyota Battery Center of North America, které má posílit testování a vývoj baterií pro hybridní, plug-in hybridní, vodíková i plně elektrická vozidla. Centrum má fungovat jako hub pro celý bateriový vývojový cyklus.
New Development Center Boosts Testing and Evaluation Capabilities on Road to Electrification
, /PRNewswire/ -- The next chapter of Toyota's electrification transformation begins today with the opening of the Toyota Battery Center of North America (TBC) in Saline, Michigan. The new facility gives Toyota's Michigan-based battery teams increased capabilities to evaluate and develop technology across the full battery-development cycle, from sourcing raw materials to customer applications to recycling.
Toyota Battery Center of North America Unveiled at Michigan R&D Campus "Toyota has long been at the forefront of battery development," said Keita Moritsu, Senior Vice President and Chief Technology Officer, Toyota Motor North America R&D. "This center is where that leadership expands to North America — and where we're building its next chapter."
The 30,000-square-foot facility serves as a central hub for development and evaluation, in partnership with Toyota's North American manufacturing network, supporting the evaluation of batteries for Toyota Battery Manufacturing, North Carolina, as well as Toyota's vehicle manufacturing plants across North America.
TBC also represents the latest milestone in Toyota's more than 50-year history with the state of Michigan.
"Today is a big win for Michigan's leadership in advanced automotive manufacturing," said Michigan Governor Gretchen Whitmer. "We are proud to welcome this investment by Toyota that positions Michigan as the best place to build the future. This state-of-the-art facility will develop, test, and improve the batteries powering the next generation of vehicles. It joins factories and projects opening across our state that are creating good-paying, high-skilled jobs in every community. Let's keep working together to build the future of cars, chips, batteries, and so much more right here in Michigan."
TBC's evaluation and development capabilities support Toyota's multi-pathway strategy by enabling a range of sustainable mobility solutions for customers. On site, teams of engineers and technicians assess battery performance and develop new technologies for use in hybrid, plug-in hybrid, hydrogen, and fully electric vehicles.
"For Toyota customers, this facility means Toyota engineers can detect and resolve field concerns faster and closer to the source," said Jordan Choby, Group Vice President of Powertrain. "It also means we can develop longer-lasting batteries designed to perform in the conditions American drivers face every day."
Toyota will open the facility and research access with the University of Michigan Electric Vehicle Center, allowing other research partners to benefit from its cutting-edge testing and evaluation capabilities. As a founding member of the Electric Vehicle Center, this program is part of Toyota's commitment to developing the next generation of battery engineers and technicians in Michigan.
About TMNA R&D
For more than 50 years, Toyota's Research & Development groups in North America have participated in engineering projects for several of the best-selling Toyota vehicles on U.S. roads. Teams are now creating both next-generation vehicles and new and advanced mobility concepts that can better move people, goods and information. Centered in Ann Arbor, Michigan, Toyota's North American R&D groups are pursuing Toyota's mission to "Produce Happiness for All" by making life safer, easier and more enjoyable.
Toyota Motor North America v září prodala v USA 201 306 vozů, meziročně o 8,4 % více. Prodeje elektrifikovaných aut vyskočily o 37,8 % na 117 215 a tvořily 58,2 % celkového objemu.
TMNA September electrified vehicle sales of 117,215, up 37.8 percent Toyota division achieved an all-time best-ever electrification mix of 61% 32 electrified vehicle options available between both Toyota and Lexus brands , /PRNewswire/ -- Toyota Motor North America (TMNA) today reported September 2026 U.S. sales of 201,306 vehicles, up 8.4 percent on a volume basis and up 4.0 percent on a daily selling rate (DSR) basis compared to September 2025. Sales of electrified vehicles for the month totaled 117,215, up 37.8 percent on a volume basis and up 32.2 percent on a DSR basis, representing 58.2 percent of total sales volume.
Toyota Motor North America Reports September, Third Quarter 2026 U.S. Sales Results For the third quarter, TMNA reported sales of 633,223 vehicles, up 0.6 percent on a volume basis and up 0.6 percent on a DSR basis versus the third quarter of 2025. Sales of electrified vehicles for the third quarter totaled 363,367, up 28.5 percent on a volume basis and up 28.5 percent on a DSR basis, representing 57.4 percent of total sales volume.
Toyota division posted September sales of 171,469 vehicles, up 7.9 percent on a volume basis and up 3.6 percent on a DSR basis. For the quarter, Toyota division reported sales of 540,167 vehicles, up 0.5 percent on a volume basis and up 0.5 percent on a DSR basis.
Lexus division posted September sales of 29,837 vehicles, up 11.4 percent on a volume basis and up 6.9 percent on a DSR basis. For the quarter, Lexus division reported sales of 93,056 vehicles, up 1.6 percent on a volume basis and up 1.6 percent on a DSR basis.
"Our third-quarter results reinforce a simple truth—customers want choices," said Andrew Gilleland, senior vice president, Automotive Operations Group, Toyota Motor North America. "From affordability to electrification, our multi-path strategy continues to meet customers where they are and give them options that fit their lifestyles. With solid momentum and disciplined inventory heading into Q4, we're well-positioned to finish the year strong."
Highlights (volume basis unless otherwise noted)
TMNA:
Third quarter sales up 0.6 percent Third quarter electrified vehicle sales of 363,367, up 28.5 percent September sales up 8.4 percent September electrified vehicle sales of 117,215, up 37.8 percent 32 total electrified vehicles currently available in dealerships between both the Toyota and Lexus brands Among the lowest incentives among full-line manufacturers Toyota Division:
Third quarter sales up 0.5 percent Third quarter electrified vehicle sales of 325,227, up 29.2 percent September sales up 7.9 percent September electrified vehicle sales of 104,105, up 36.6 percent Lexus Division:
Third quarter sales up 1.6 percent Third quarter electrified vehicle sales of 38,140, up 23.1 percent September sales up 11.4 percent September electrified vehicle sales of 13,110, up 47.4 percent About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in North America for nearly 70 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our more than 1,800 dealerships.
Toyota directly employs nearly 64,000 people in North America who have contributed to the design, engineering, and assembly of more than 50 million cars and trucks at our 14 manufacturing plants. In 2025, Toyota's plant in North Carolina began to assemble automotive batteries for electrified vehicles.
For more information about Toyota, visit www.ToyotaNewsroom.com.
Povodně v Thajsku dočasně zastavily tři továrny Toyota a jedno zařízení v jejím společném podniku Toyota Auto Works a přerušily nákladní provoz Thai Airways. Bangkok byl po silných deštích vyhlášen oblastí zasaženou katastrofou.
Floods in Thailand have caused the temporary shutdown of four Toyota (7203.T) plants and suspension of cargo operations of flag carrier Thai Airways (THAI.BK), the companies said on Wednesday.
The capital Bangkok was declared a disaster-affected zone after it was hit with heavy rainfall of 320 mm (12.6 inches) in just three days late last week, nearly as much as the city typically has in all of September.
Flooding has disrupted parts deliveries to Toyota's Thai unit, which has suspended operations at three plants and a facility at its joint venture Toyota Auto Works, a Toyota spokesperson said.
It said it was coordinating with suppliers to restore deliveries and restart operations as soon as possible.
Thai Airways said many of its employees were unable to travel to work and the airline has stopped accepting inbound and outbound cargo from Wednesday through to October 6, adding those services would resume as soon as possible.
At least 24 people have been killed in the flooding, with 44 of Thailand's 77 provinces affected, the interior ministry said. Flooding was still prevalent in 32 of those provinces on Wednesday.
Government Spokesperson Ekkapob Pianpises said the death toll was 40, citing health ministry figures. Ekkapob said authorities were draining floodwater in Bangkok into canals and to try to return the situation to normal for residents in two or three days.
Although Bangkok's main gateways were running, the floods caused chaos at the main Suvarnabhumi Airport on Tuesday, with half of its personnel unable to come to work, thousands of bags piling up and many flights cancelled.
Toyota Motor (7203.T) said on Tuesday its global vehicle sales and production fell for a second straight month in August, as declines in China, the US and the Middle East persisted after dragging down results in the prior month.
The world's biggest automaker saw global sales fall 6.4% from a year earlier to 790,743 vehicles and production drop 5.9% to 700,860 vehicles.
A 22.8% plunge in China dragged sales down for a seventh consecutive month, as higher petrol prices weighed on demand for hybrid and traditional combustion-engine vehicles.
Sales in the US, Toyota's top market, fell 4.4%, while those in the Middle East slumped 37.5%, offsetting a 9.1% rise in Japan.
Production was pulled down by an 11.3% drop in China and a 6.6% decline in the US. Output in Japan fell 1.7%, in part due to the impact of production suspensions following an earthquake on the southern island of Kyushu.
Mitsubishi Heavy Industries uzavřela s Preferred Networks kapitálovou a obchodní alianci a investuje do společnosti celkem 10 miliard jenů. Cílem je urychlit vývoj AI pro inteligentní a autonomní stroje v oblasti kritické infrastruktury a národní bezpečnosti.
-- Accelerating joint development of cutting-edge AI technologies for the intelligence and autonomy of machinery and systems in mission-critical applications --
TOKYO, Sept 18, 2026 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) and Preferred Networks, Inc. (PFN) today announced that they entered into a capital and business alliance agreement on August 31, 2026. In June 2026, the two companies announced an initial business alliance(1) to jointly develop cutting-edge AI technologies to enhance the intelligence and autonomy of machinery and systems across mission-critical domains, including social infrastructure and national security. This capital and business alliance agreement establishes a robust cooperative framework to advance MHI and PFN's joint development over the medium to long term. Under the agreement, MHI will underwrite shares issued by PFN through a third-party allotment and invest a total of 10 billion yen in PFN, accelerating the joint development, subject to the completion of all necessary procedures, including approvals at PFN's general meeting of shareholders.
Amid increasingly complex societal challenges, including shifting global dynamics, labor shortages, and aging social infrastructure, demand is growing to deploy advanced AI in mission-critical domains such as social infrastructure and national security. These domains require high reliability and rapid responsiveness to enhance resilience and ensure safety and security. Applying AI in mission-critical domains requires a deep understanding and control of AI mechanisms, securely integrated with field operations, equipment and control systems. Furthermore, to ensure that Japan can proactively and stably leverage AI technologies independently from the external environment, accumulating AI technologies, data, and operational expertise domestically is increasingly vital.
Deploying AI effectively under these conditions requires deep expertise in operational sites, equipment and control systems in mission-critical domains, alongside a technological foundation that supports everything from AI development to deployment and operation.
MHI has provided and operated resilient, safe, and secure machinery and systems for decades across sectors such as social infrastructure, aerospace, defense, and space. The company has brought technologies and expertise in design, manufacturing, control, simulation and maintenance, along with data linked to onsite situations and conditions, backed by operational field data and deep customer trust.
PFN internally develops a full stack of technologies for AI, ranging from AI chips, computing infrastructure, and generative AI foundation models to products and solutions. Centered on homegrown technologies, PFN has deployed safe and sustainable AI technologies across diverse industrial environments.
Through this capital and business alliance, the two companies will combine their technologies and expertise to accelerate joint R&D and real-world deployment of intelligent, autonomous machinery and systems for social infrastructure and national security, where high reliability and rapid responsiveness are required. As partners moving forward together, MHI and PFN share a mindset of being agile, fast, and constantly evolving without being bound by existing frameworks. Together, the two companies aim to create new value and contribute to the maintenance and development of a safe and secure society.
Comment from Eisaku Ito, President and CEO, Mitsubishi Heavy Industries, Ltd.:
"PFN's commitment to implementing cutting-edge, domestically developed AI technologies across hardware and software deeply resonates with the spirit of craftsmanship that flows through MHI. Deploying AI in mission-critical domains is one of the top-priority issues for strengthening societal resilience, and we have built these values as we move toward development and commercialization through our joint research and business alliance.
MHI advocates for 'ITO' (Innovative Total Optimization) and is working on total optimization and domain expansion with unprecedented speed. This capital and business alliance with PFN aligns with ITO, in that it advances total optimization and maximizes the strengths of both companies to expand into new domains. We view this alliance as an essential step toward building a truly safe and secure society, and we will dedicate our full efforts to the implementation of more innovative next-generation infrastructure than ever before."
Comment from Daisuke Okanohara, CEO, Preferred Networks, Inc.:
"Deploying AI in mission-critical domains is a complex challenge on a global scale. To make AI practical on the ground, we must go beyond model performance - we must address field-specific constraints, ensure reliability, real-time responsiveness and continuous operability, while optimizing hardware and software as a whole. Through our joint research, MHI and PFN have aligned on this perspective while advancing efforts toward practical implementation.
Under this capital and business alliance, we will deeply connect MHI's decades of expertise in field operations, equipment, control systems and safe operations with PFN's vertically integrated technologies - from AI chips to foundation models - we will deliver achievements that neither company could accomplish alone, bolstering social safety and industrial competitiveness."
(1) Please see the following press release regarding the business alliance:
https://www.mhi.com/news/260602.html
About Preferred Networks
Guided by its mission to "Make the real world computable and create the future together," Preferred Networks, Inc. (PFN) develops advanced software and hardware technologies through a vertically integrated approach spanning the entire AI value chain-from AI chips and computing infrastructure to generative AI foundation models and solutions across a wide range of industries. Founded in 2014 in Tokyo, PFN currently develops and delivers the MN-Core(TM) series of AI processors, the PFCP(TM) cloud platform for AI computing, and the Japan-developed generative AI foundation model PLaMo(TM). https://www.preferred.jp/en/
About MHI Group
Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.
Source: Mitsubishi Heavy Industries (MHI)
Copyright 2026 JCN Newswire . All rights reserved.
Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.
Toyota odhaduje, že modernizace továren s automatizací a robotikou může od roku 2028 stát 1 bilion jenů ročně. Plán se týká Toyoty, skupinových firem i hlavních dodavatelů.
Toyota Motor (7203.T) estimates it could cost 1 trillion yen ($6.4 billion) annually from 2028 to modernise its factories as the world's biggest carmaker accelerates automation and robotics deployment.
Across the industry, automakers are turning to robotics to cut costs and address ageing infrastructure and labour shortages, a strategy that analysts say could open a growth avenue beyond vehicle manufacturing.
The investment estimate covers Toyota, group companies and major suppliers. Without specifying whether it would definitely take place or for how many years it would continue, the company told investors around 400,000 robots would be needed to drive factory automation at those firms.
The figure includes replacements for existing machines and new installations and humanoid and non-humanoid robots.
The potential investment, discussed with investors earlier this month, is tied to factory automation spanning industrial robots, automated logistics and future human-robot collaboration on the factory floor.
Analysts at Bernstein in a note on Friday said Toyota's growing focus on robotics could increase investor appreciation of the potential for growth beyond automobiles.
"We expect robotics-related announcements to become more frequent going forward as Toyota accelerates its robotics efforts," they wrote.
Other global automakers are seeking to increase the use of humanoid robots. Hyundai (005380.KS), which owns humanoid robot maker Boston Dynamics, has said it plans to deploy humanoid robots at its US plant in Georgia from 2028.
Iridium, Deutsche Telekom IoT a Toyota úspěšně přenesly hlasovou zprávu přes satelitní síť Iridium NTN Direct. Dohoda o roamingu má rozšířit pokrytí IoT společnosti Deutsche Telekom IoT mimo běžné sítě.
, /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM), a leading provider of global voice, data, aircraft surveillance, and positioning, navigation, and timing (PNT) satellite services, and Deutsche Telekom IoT (DT IoT) today announced the successful transmission of a voice message over Iridium NTN Direct℠ in a demonstration with Toyota. The milestone message was sent from a Toyota vehicle equipped with a Nordic Semiconductor nRF9151 development board, a Deutsche Telekom IoT SIM and transmitted entirely via the Iridium satellite network during the Telekom Satellite Day 2026. The demonstration follows the successful completion of technical integration and a global roaming agreement between Iridium and Deutsche Telekom IoT.
Iridium NTN Direct "The voice message sent over our network from a Toyota vehicle illustrates how Iridium NTN Direct will enhance consumer and commercial applications for people and assets operating outside traditional coverage areas," said Matt Desch, CEO, Iridium. "This demonstration is a glimpse into the future of truly global, standards-based connectivity. Now is the time to begin integrating Iridium NTN Direct."
The first message sent, "testing, testing, one, two, freeway," successfully demonstrated standards-based NB-IoT voice messaging over Iridium's fully operational low-Earth orbit (LEO) satellite constellation, and was supported by Fraunhofer's AI-based NESC® Voice Codec. This capability will extend reliable connectivity beyond terrestrial coverage for automotive, logistics, remote utilities, smart agriculture, emergency response and other IoT applications that need to stay connected wherever they operate. Through Iridium NTN Direct, eligible DT IoT customers using compatible standards-based NB-IoT devices will be able to roam between terrestrial networks and Iridium satellites.
"The future of connectivity does not end where terrestrial networks reach their limits," said Christian Schwalbe, CEO, Deutsche Telekom IoT. "Together with strong partners such as Iridium and many others, we are connecting mobile communications and satellite to form a global IoT infrastructure that keeps vehicles, machines and people reliably accessible. The demonstration with Toyota shows how technological innovation can be turned into concrete added value for our customers."
Manfred Lutzky, Head of the Communications Audio Department at Fraunhofer IIS said, "We are very pleased to support this Automotive NTN Voice PoC by providing Fraunhofer's innovative AI-based NESC Voice Codec. NESC enables reliable, natural sounding and highly intelligible satellite voice services at scale by operating at bitrates of 1 kb/s or less." He continued, "This demonstration with Iridium, Deutsche Telekom, Toyota and the other partners is a great example of cross-industry collaboration that will help to grow the satellite voice ecosystem."
With the roaming agreement now completed, Deutsche Telekom IoT customers are poised to take advantage of the commercial availability of Iridium NTN Direct in Q4 2026. Selected European customers are already testing and developing applications on the Iridium network using Deutsche Telekom's Global SIM.
Unlike regional satellite solutions that rely on cellular spectrum or are limited by geographic availability, Iridium NTN Direct is designed to extend coverage using Iridium's existing global L-band LEO satellite constellation. The service leverages a network already operating worldwide, providing a path for mobile network operators, chipset manufacturers, and device makers to extend connectivity without building or maintaining additional terrestrial infrastructure.
For Deutsche Telekom IoT, the integration further strengthens its "network of networks" approach: combining terrestrial and non-terrestrial connectivity to provide customers with reliable IoT coverage wherever their assets operate.
For more information about Iridium NTN Direct, visit www.iridium.com/ntn-direct
About Iridium Communications Inc.
Iridium Communications Inc. (Nasdaq: IRDM) operates the world's only truly global mobile satellite network. It serves as a platform for innovation, enabling voice, data, and messaging, positioning, navigation, and timing (PNT), and aircraft surveillance services anywhere on Earth. Through its satellite constellation and integrated capabilities like Aireon, the world's only space-based air traffic surveillance system, Iridium delivers services that support safety-focused operations across aviation, maritime, government, industrial, and consumer markets. The company is a leader in satellite Internet of Things (IoT) connectivity and is advancing direct-to-device (D2D) communications based on open standards to expand access to satellite services.
Headquartered in McLean, Virginia, Iridium innovates through an ecosystem of more than 500 technology and distribution partners, serving millions of customers worldwide. For more information visit www.iridium.com.
Forward-Looking Statements Disclosure
Statements in this press release that are not purely historical facts may constitute forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. The company has based these statements on its current expectations and the information currently available to us. Forward-looking statements in this press release include statements regarding the capabilities, benefits and availability of the Iridium NTN Direct service. Forward-looking statements can be identified by the words "anticipates," "may," "can," "believes," "expects," "projects," "intends," "likely," "will," "to be" and other expressions that are predictions or indicate future events, trends or prospects. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Iridium to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, uncertainties regarding the timing of commercial availability of the Iridium NTN Direct service, the company's ability to maintain the health, capacity and content of its satellite constellation, general industry and economic conditions, and competitive, legal, governmental and technological factors. Other factors that could cause actual results to differ materially from those indicated by the forward-looking statements include those factors listed under the caption "Risk Factors" in the company's Form 10-K for the year ended December 31, 2025, filed with the Securities and Exchange Commission (the "SEC") on February 12, 2026, and the company's Form 10-Q for the quarter ended June 30, 2026, filed with the SEC on July 22, 2026, as well as other filings Iridium makes with the SEC from time to time. There is no assurance that Iridium's expectations will be realized. If one or more of these risks or uncertainties materialize, or if Iridium's underlying assumptions prove incorrect, actual results may vary materially from those expected, estimated or projected. Iridium's forward-looking statements speak only as of the date of this press release, and Iridium undertakes no obligation to update or revise any forward-looking statements.
Toyota Motor (7203.T) said on Friday its global vehicle sales and production fell in July, weighed by declines in China, the United States and the Middle East, which offset a stronger performance in Japan.
Global sales fell 4.8% from a year earlier to 856,125 vehicles, while production dropped 2.1%.
A 24.3% plunge in China dragged sales down, marking a sixth successive month of decline, as higher petrol prices weighed on demand for hybrid and traditional combustion engine vehicles, Toyota said.
Sales in the United States, Toyota's largest market, slipped 0.8%, while those in the Middle East dropped 44.5%, offsetting an 11.0% rise in Japan.
A sharp 32.7% drop in China and a 4.0% decrease in the United States pulled production down, despite a 12.4% rise in Japan.
Exports from Japan rose 10.2% from a year earlier to just over 196,000 vehicles, increasing for the third consecutive month and marking the highest level since October.
Electric vehicle makers Tesla (TSLA -1.71%) and China's BYD (BYDDY -0.43%) may be the industry's most talked about companies because they're the industry's two biggest names.
Yet, there's a third carmaker that both BYD and Tesla and their shareholders might want to start keeping a closer eye on since it's coming on strong within the electrified vehicle market.
That's automobile maker Toyota Motor (TM +1.29%). Yes, that Toyota.
Missing the boat (so to speak) Most investors probably know that Toyota has been tinkering with hybrids and even battery-only vehicles for a while now. What these investors might not fully appreciate is just how deep the world's biggest carmaker has waded into the electric vehicle market.
For the quarter ended in June, 1.41 million (or 51.9%) of the 2.71 million automobiles that Toyota manufactured during that three-month stretch were electric rather than combustion-powered.
Image source: Getty Images.
The vast majority of these cars were hybrids, which are distinctly different from all of the EVs made by Tesla, and roughly half the so-called new-energy vehicles manufactured by BYD. Teslas are only powered by a rechargeable battery, whereas hybrids combine battery power with a combustion engine, making them practical even when recharging them is impractical.
The thing is, Toyota's dedication to the continued development of its hybrid automobile business may be a brilliant one despite all the hype being generated by the proliferation of battery-only electric vehicles. For perspective, while sales of battery-electric vehicles (or BEVs) within the United States grew slightly to 1.26 million cars in 2025, according to data from the National Automobile Dealers Association (NADA), hybrid sales quietly but decisively topped that figure at 2.05 million, up 27.6% year over year.
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And the U.S. market hasn't been particularly receptive to either alternative to conventional combustion-powered automobiles. Of the roughly 90 million cars that were sold worldwide last year, industry research outfit Imarc reports nearly 16.3 million were hybrids, up 24.8% year over year, easily outpacing sales and sales growth of battery-only EVs. Electric vehicle market leaders Tesla and BYD only delivered 3.86 million BEVs between them last year, for reference.
Moreover, Imarc expects hybrid automobile sales to reach nearly 126 million units per year by 2034, once consumers recognize this option sidesteps most of the concerns that are crimping interest in battery-only EVs here and abroad. Already the leading name of the hybrid market with last fiscal year's sales of over 4.6 million hybrid cars, Toyota stands ready to capture at least its fair share of this growth.
A development that's too big to ignore Only time will tell whether hybrids will displace battery-only EVs, or if there's room for both options. What is clear is that the demand for hybrids is very real, and growing, posing at least an indirect threat to Tesla, which is already contending with a formidable BYD on the electric vehicle front. In the meantime, BYD is also becoming a respectable contender in the hybrid business that's proving a marketable alternative to BEVs.
Arguably more than anything, though, Toyota may be an investment prospect that too many investors are looking right past, assuming it's no longer relevant. It very much is.
Trump navrhuje 50% clo na dovoz kanadských automobilů do USA, což by nejvíce zasáhlo Toyotu a Hondu, které tam vyrábějí více než tři čtvrtiny všech vozů. Analytici čekají, že by musely omezit i některé výrobní linky v Kanadě.
U.S. President Donald Trump is targeting Ottawa with a proposed 50% tariff on Canadian car imports — but Japan's Toyota (7203.T) and Honda (7267.T) may end up footing the bill.
The two Japanese automakers account for more than three-quarters of all cars made in Canada. They could be forced to shutter some production lines if the tariffs go into effect on January 1 as proposed, analysts said.
While a deal could still be reached, the timing of the U.S. tariffs couldn't be worse, as Japanese automakers are being stung by competition from low-cost Chinese EVs in markets such as Southeast Asia, Europe and Latin America.
The United States remains Toyota and Honda's biggest market and, crucially, one where Chinese rivals like BYD (002594.SZ) aren't allowed in.
Canadian-built cars accounted for almost a quarter of Honda's U.S. sales and 17% of Toyota's last year, the most among major automakers, according to Barclays analysts. As a result, the two face the biggest potential hit from Trump's plan to double the levies from the current 25%.
"If you really wanted to destroy the Canadian auto industry, you could with these tariffs," said Julie Boote, autos analyst at Pelham Smithers Associates in London.
Both companies would likely have to close some of their Canadian assembly lines, she said.
Toyota and Honda declined to comment.
SCRAMBLING TO ADAPT
Canada's auto industry produces around 1.2 million cars a year and indirectly supports some 427,000 jobs. Toyota's exports from Canada to the United States include the RAV4, while Honda exports the CR-V. Both cars are among the best-selling SUVs in the United States.
The proposed tariffs are the latest example of Trump trade policies that have left the global auto industry scrambling to adapt. For years, U.S., European, Japanese and South Korean car companies and their suppliers built production chains across North America, taking advantage of cross-border trade deals and, especially in Mexico, lower labour costs.
But cost dynamics have now changed drastically. U.S. tariffs cost Toyota some 1.4 trillion yen ($8.8 billion) in the last financial year.
Toyota is now doubling down on U.S. production. The world's largest automaker last year said it aims to invest up to $10 billion over five years to expand its U.S. operations. That will include a new $3.6 billion auto plant in Texas, where it intends to move production of the Tacoma pick-up truck from its Baja California plant in Mexico.
For Honda, which is struggling to turn around its money-losing car business, tariffs have only added to the strain.
A senior executive recently told reporters that it might not build an eighth assembly plant in North America unless USMCA free trade talks among the United States, Canada and Mexico are extended. USMCA is the revised version of the 1994 NAFTA trade pact and has been in place for six years. Trump opted on July 1 not to renew it, subjecting it to annual reviews, although talks have continued.
Last year, South Korea's Hyundai (005380.KS) said uncertainty about USMCA was delaying its investment decisions.
'MAJOR SHIFT'
If the tariffs take effect, Toyota and Honda would likely try to redirect Canadian-built vehicles to other markets and then try to find ways to make up supply for the all-important U.S. market — hardly an easy task, analysts said. U.S.-bound vehicles are often tailored to the market's needs and regulations, while factories elsewhere may already be operating near capacity.
"It would represent a major shift from the past," said Seiji Sugiura, a senior analyst at Tokai Tokyo Intelligence Laboratory.
Two Japanese suppliers said they were unsure what would happen next and it remained, at least for now, impossible to plan given that it still remained uncertain whether the tariffs would go into effect.
"We're trying not to overreact," one of the supplier executives said.
Toyota svolává v USA 508 354 vozů kvůli závadě displeje přístrojového štítu, která může zvyšovat riziko nehody. Týká se to některých modelů Camry Hybrid z let 2025–2026.
A man walks past the Toyota logo during a launch event in Mumbai, India, January 20, 2026. REUTERS/Francis Mascarenhas/File Photo Purchase Licensing Rights, opens new tab
CompaniesAug 11 (Reuters) - Toyota (7203.T), opens new tab is recalling 508,354 vehicles in the U.S. as an instrument cluster that fails to display critical safety information increases the risk of a crash or injury, the National Highway Traffic Safety Administration said on Tuesday.
Here are some details:
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The recall includes certain 2025-2026 Camry Hybrid vehicles.
A failure in the instrument cluster display during vehicle startup may deactivate the hazard lights, turn signals, seat belt warning system, and smart key reminder, the auto safety regulator said.
Dealers will update the display software, free of charge, the NHTSA added.
Preetika Parashuraman in Bengaluru; Editing by Mrigank Dhaniwala
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Toyota svolává v USA 508 000 Camry modelových let 2025 a 2026 kvůli vadnému 7palcovému přístrojovému panelu, který může vypnout směrovky, výstražná světla i zvukové upozornění pásů. Oprava softwaru bude zdarma.
ToplineToyota on Thursday announced a recall covering 508,000 Camry vehicles in the U.S. over a dashboard defect that could inadvertently disable turn signals, hazard lights and seat belt warning chimes, potentially increasing the risk of a crash.
A faulty meter could go blank, potentially disrupting turn signals and safety alerts.
Getty Images
Key FactsToyota’s recall covers about 508,000 Camry vehicles from the 2025 and 2026 model years with a defective 7-inch combination meter—the dashboard screen behind the steering wheel that shows information like speed, fuel level and warning lights—that may go blank at startup, the automaker announced.
The malfunction may prevent affected vehicles from meeting federal safety standards, as turn signals, hazard lamps and warning chimes could be disabled, Toyota said, adding the risk of injury or a crash increases depending on the defect’s scale.
Toyota dealers can reprogram the combination meter software at no cost to drivers, who will be notified by the automaker by early October.
Drivers can check whether their Camry is included in the recall on Toyota’s website or the National Highway Traffic Safety Administration database by entering their Vehicle Identification Number or license plate.
big number18. That’s how many recalls Toyota has issued in the U.S. this year, tied with Hyundai for the fourth-most among all automakers and ranking behind General Motors (19), Chrysler (25) and Ford (63), according to NHTSA data. Ford issued 153 recalls in 2025, a record that covered 12.9 million vehicles, which surpassed the next four automakers combined, including Chrysler (53), Forest River (36), General Motors (28) and International Motors (26).
key backgroundThe Toyota Camry has ranked among the top-selling passenger cars in the U.S. for years, and the automaker said 2025 was its best-ever year for the model’s sales. Toyota does not issue as many large-scale recalls as other automakers, and its notices this year cover from as few as four vehicles to as many as 550,000. That latter recall covered defects affecting some of Toyota’s Highlander and Highlander Hybrid vehicles, which regulators said had second-row seat backs that may fail to lock in place and restrain a passenger during a crash.
further readingForbesFord’s Growing Recall List—Trapping Seats, Moving Seats And Engine Fires—Adds 80,000 SUVsBy Ty Roush
Toyota v 1. čtvrtletí fiskálního roku 2027 nesplnila odhady zisku na akcii kvůli vyšším mzdovým nákladům, odpisům a výdajům na R&D. Tržby byly meziročně téměř beze změny na 84,9 miliardy USD.
Key Takeaways Toyota Q1 earnings missed estimates as higher labor costs, depreciation and R&D expenses pressured profit.TM expects FY2027 retail sales of 11.18M vehicles, with operating income projected to decline 9.7%.TM forecasts FY2027 sales of 54 trillion yen, R&D spending of 1.6 trillion yen and capex of 2.3 trillion yen. Toyota Motor Corporation (TM - Free Report) reported first-quarter fiscal 2027 earnings of $7.57 per share, which missed the Zacks Consensus Estimate by 4.28% and increased from $4.47 reported in the year-ago quarter. Revenues remained nearly flat year over year at $84.9 billion.
Profitability was pressured by model mix, labor costs, depreciation and R&D expenses.
Toyota had consolidated cash and cash equivalents of ¥10.34 trillion ($64.34 billion) as of June 30, 2026. Long-term debt was ¥26.08 trillion ($162.3 billion), up from ¥25.62 trillion as of March 31, 2026.
TM’s Segmental ResultsThe Automotive segment’s net revenues for the fiscal first quarter increased 8.8% year over year to ¥12.01 trillion ($75.36 billion). Operating profit came in at ¥719.9 billion ($4.51 billion), which declined 21% from the year-ago period.
The Financial Services segment’s net revenues rose 23.2% from the prior-year quarter to ¥1.4 trillion ($8.78 billion). The segment registered an operating income of ¥275.7 billion ($1.72 billion), which rose 24% from the first quarter of fiscal 2026.
All Other businesses’ net revenues totaled ¥469.9 billion ($2.94 billion) in the reported quarter, which increased 37% year over year. The unit generated an operating profit of ¥16.3 billion ($512.5 million), which rose 118% year over year.
Toyota’s FY27 GuidanceFor fiscal 2027, Toyota projects total retail vehicle sales of 11.18 million units, indicating a decline from 11.28 million units sold in fiscal 2026. Fiscal 2027 sales are expected to total ¥54 trillion compared with ¥50.68 trillion recorded in fiscal 2026. Operating income is projected to be ¥3.4 trillion, indicating a contraction of 9.7% year over year.
Pretax profit is estimated to be ¥4.57 trillion, implying a decline from ¥5.12 trillion generated in fiscal 2026. R&D expenses are envisioned to be ¥1.6 trillion compared with ¥1.52 trillion spent in fiscal 2026. Capex is forecast at ¥2.3 trillion compared with ¥2.39 trillion spent in fiscal 2026.
TM currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Key Releases From Auto SpaceGeneral Motors Company (GM - Free Report) reported second-quarter 2026 adjusted earnings of $3.57 per share, up 41.3% year over year. The figure beat the Zacks Consensus Estimate of $3.13 by 14.06%. Revenues increased 1.9% to $48.03 billion and surpassed the consensus estimate of $46.56 billion by 3.15%. Strong pricing, lower costs and disciplined incentives supported results. General Motors raised its full-year adjusted EBIT guidance to $14-$16 billion from $13.5-$15.5 billion. Adjusted earnings are now projected at $12-$14 per share, up from the prior range of $11.50-$13.50.
Tesla, Inc. (TSLA - Free Report) reported second-quarter 2026 adjusted earnings of 33 cents per share, which declined 17.5% year over year. The figure missed the Zacks Consensus Estimate of 50 cents by 34%. Revenues advanced 25.5% to $28.24 billion and surpassed the consensus estimate of $25.81 billion by 9.41%. Tesla expects 2026 capital expenditures to exceed $25 billion and rise further over the next two to three years.
Genuine Parts Company (GPC - Free Report) reported second-quarter 2026 adjusted earnings of $2.15 per share, beating the Zacks Consensus Estimate of $2.10 by 2.38%. The bottom line increased 2.4% from $2.10 in the year-ago quarter. Revenues rose 6% year over year to $6.54 billion and surpassed the consensus estimate of $6.39 billion by 2.36%. Genuine Parts reaffirmed its 2026 adjusted earnings guidance of $7.50-$8 per share and total sales growth outlook of 3-5.5%. Genuine Parts ended June with $2.3 billion of liquidity, including $559 million in cash.
Toyota ve fiskálním 1. čtvrtletí zvýšila tržby o 10,4 % a vedení zvýšilo výhled na fiskální rok 2027 na provozní zisk 3,4 bilionu JPY. Zároveň oznámila zpětný odkup akcií za 1 bilion JPY a plán zrušit 200 milionů akcií.
SummaryToyota Motor Corporation is reiterated as a Buy, with attractive valuation despite lackluster technicals and recent underperformance versus the S&P 500.Q1 results were solid, with revenue up 10.4% and favorable FX effects, but macro headwinds and earnings estimate downgrades persist.Management raised FY 2027 guidance, expects operating income of 3.4 trillion yen, and announced a 1 trillion yen share repurchase with plans to retire 200 million shares.TM faces risks from global economic softness, USDJPY volatility, China EV competition, and supply chain pressures, but earnings growth is expected to return by FY 2029. rep0rter/iStock Editorial via Getty Images
Toyota Motor Corporation (TM) posted decent fiscal Q1 GAAP results on Tuesday, August 4. Shares were little changed before the opening bell on Wall Street, continuing a trend of somewhat lackluster price action so
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Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Toyota zvýšila celoroční výhled na provozní zisk o 13 % na 3,4 bilionu JPY, ale za první čtvrtletí jí provozní zisk klesl o 9 % na 1,06 bilionu JPY kvůli slabým prodejům v Číně.
Item 1 of 2 A man walks past the Toyota logo during a launch event in Mumbai, India, January 20, 2026. REUTERS/Francis Mascarenhas/File Photo
[1/2]A man walks past the Toyota logo during a launch event in Mumbai, India, January 20, 2026. REUTERS/Francis Mascarenhas/File Photo Purchase Licensing Rights, opens new tab
CompaniesTOKYO, Aug 4 (Reuters) - Toyota (7203.T), opens new tab on Tuesday raised its annual operating profit forecast by 13% to reflect a weaker yen — the upward revision coming despite reporting a fifth consecutive quarterly earnings decrease on slumping sales in China.
The world's largest automaker now expects 3.4 trillion yen ($21.6 billion) in operating profit for the current financial year to end-March, up from its previous forecast of 3 trillion yen.
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"In addition to revised foreign exchange assumptions, we steadily accumulated improvements in our marketing efforts, including increased sales supported by the establishment of alternative logistics routes to the Middle East," Toyota said in a statement.
Operating profit for the April-June first quarter declined 9% to 1.06 trillion yen ($6.7 billion), compared with a median forecast of 1.11 trillion yen in a poll of eight analysts surveyed by LSEG.
It also said it plans to buy back shares worth up to 1 trillion yen, equivalent to as much as 4.22% of outstanding stock. It also plans to cancel 200 million shares.
($1 = 157.4900 yen)
Reporting by Daniel Leussink; Editing by Edwina Gibbs
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Toyota čeká pátý po sobě jdoucí pokles provozního zisku; pro duben až červen se odhaduje 1,11 bilionu JPY, tedy o 5 % méně meziročně. Zemětřesení v jižním Japonsku navíc zastavilo výrobu ve čtyřech domácích závodech.
Toyota logo on display at the 47th Bangkok International Motor Show 2026, in Bangkok, Thailand, March 24, 2026. REUTERS/Athit Perawongmetha/File Photo Purchase Licensing Rights, opens new tab
SummaryCompaniesLSEG median estimate sees April-June operating profit at 1.11 trillion yen, down 5% year on yearToyota and Lexus global first-quarter sales fall 3% to just over 2.5 million unitsQuake prompts halt at three regional plants through Wednesday and another in central Japan through FridayTOKYO, Aug 3 (Reuters) - Toyota (7203.T), opens new tab is forecast to post a fifth straight quarterly operating profit decline this week, hit by weaker vehicle sales and rising costs, as investors gauge the impact of last week's earthquake in southern Japan.
The world's biggest automaker is expected to report 1.11 trillion yen ($7.04 billion) in profit for the April-June quarter on Tuesday, down 5% from a year earlier, according to the median estimate of eight analysts surveyed by LSEG.
Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here.
Analysts said weaker sales volumes in some overseas markets and rising costs across the supply chain linked to the conflict in the Middle East likely weighed on earnings during the period.
Global sales of Toyota and Lexus vehicles fell 3% to just over 2.5 million units in the first quarter, with sharp declines in China and the Middle East outweighing modest growth in the United States.
Investors will also be looking for clues on the fallout from a deadly earthquake that struck Japan's Kyushu island last week, disrupting production at suppliers and forcing Toyota to halt output at four domestic plants.
Toyota has suspended production at three plants in the region through Wednesday and halted output at another plant in central Japan through Friday. Two of the four plants are vehicle assembly sites.`
The uncertainty was highlighted on Friday when supplier Aisin (7259.T), opens new tab said it could not say when output at a damaged plant near the quake's epicentre would resume. About 200 people were working on recovery efforts at the site.
Global sales in the quarter were dragged down by a 28% decline in China and a one-third drop in the Middle East.
"The first quarter could be a bit tougher than expected," said Christopher Richter, autos analyst at CLSA, adding that sales volumes appeared weaker than expected during the quarter.
Richter said Toyota had also posted weak sales in Oceania and Latin America, where BYD (002594.SZ), opens new tab and other Chinese brands are expanding aggressively.
Toyota's sales in Oceania fell 16%, while those in Central and South America were down 5%.
The conflict in the Middle East, which began in late February, has pushed up prices for materials including aluminium and naphtha and disrupted vehicle shipments to the region, analysts have said.
Toyota has also faced pressure on U.S. sales from the transition of its outgoing RAV4 sport utility vehicle to a redesigned version of one of its best-selling models globally.
Richter said investors would be keen to hear details about when the company expects the model's sales to accelerate.
Analysts will also be looking for any change to Toyota's 3 trillion yen operating profit forecast for the current financial year, particularly as higher material costs and earthquake-related disruptions cloud the outlook.
($1 = 157.5700 yen)
Reporting by Daniel Leussink; Editing by Saad Sayeed
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Daniel Leussink is a correspondent in Japan. Most recently, he has been covering Japan’s automotive industry, chronicling how some of the world's biggest automakers navigate a transition to electric vehicles and unprecedented supply chain disruptions. Since joining Reuters in 2018, Leussink has also covered Japan’s economy, the Tokyo 2020 Olympics, COVID-19 and the Bank of Japan’s ultra-easy monetary policy experiment.
Toyota a GAC opraví software u 39 552 elektromobilů bZ7 EV vyrobených v Číně kvůli bezpečnostním rizikům. Zásah může řešit chybné řazení i horší odmlžování a odmrazování.
Visitors surround Toyota's new bZ7 electric vehicle (EV) during a media day for the Auto Shanghai show in Shanghai, China April 23, 2025. REUTERS/Go Nakamura Purchase Licensing Rights, opens new tab
CompaniesBEIJING, July 31 (Reuters) - Toyota's (7203.T), opens new tab joint venture with GAC (601238.SS), opens new tab will fix software for 39,552 bZ7 electric sedans from August 1 over safety hazards, China's market regulator said on Friday.
The action, classified as a product recall under Chinese regulations, affects 15,266 bZ7 EVs with faulty smart Bluetooth module software that may cause unintended gear shifts while driving, disrupting power delivery.
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It also covers 24,286 vehicles with defects in the thermal management controller software that could, in extreme cases, reduce defrosting and defogging performance, affecting driver visibility, the regulator said in a statement.
Reporting by Beijing newsroom; Editing by Joe Bavier
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Toyota Motor poprvé za dva roky vykázala pokles globální výroby i prodeje za první pololetí kvůli slabší poptávce v Číně a změně modelu RAV4. Globální prodeje klesly o 2,9 % na něco přes 5 milionů vozů. Globální výroba se snížila o 1,2 % na méně než 4,9 milionu vozů.
Toyota bZ7 electric sedan is displayed at the Beijing International Automotive Exhibition (Auto China), in Beijing, China, April 24, 2026. REUTERS/Tingshu Wang Purchase Licensing Rights, opens new tab
CompaniesTOKYO, July 30 (Reuters) - Toyota Motor (7203.T), opens new tab said on Thursday its global first-half production and sales fell for the first time in two years, as weaker demand in China and a model changeover for its popular RAV4 sport utility vehicle weighed on results.
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Global sales for January-June dropped 2.9% year-on-year to just over 5 million vehicles, as a 17.1% decline in China offset stronger demand in North America and Japan.
Global vehicle production shrank 1.2% year-on-year to under 4.9 million vehicles over the first six months of the year.
For June, global sales edged 0.1% higher to 868,454 vehicles and production was up 2.9% at 879,321 cars.
Toyota's figures include sales and production at its luxury brand Lexus.
Reporting by Daniel Leussink; Editing by Sherry Jacob-Phillips
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Toyota Motor Corporation se dohodla, že vstoupí do cellcentric jako rovnocenný akcionář po boku Volvo Group a Daimler Truck; každý bude držet třetinu. Dokončení transakce se očekává kolem konce roku 2026 nebo na začátku roku 2027 a čeká na regulační schválení.
, /PRNewswire/ -- The Volvo Group, Daimler Truck AG, cellcentric and Toyota Motor Corporation have signed a binding agreement for Toyota to join as an equal partner and shareholder in cellcentric, with each owner to hold a third each. The agreement follows the previous non-binding agreement signed at the end of March this year. Completion of the transaction is conditional upon obtaining regulatory approvals. Through the collaboration, the parties intend to strengthen cellcentric's position as a leading developer and manufacturer of fuel cell systems for heavy-duty commercial applications.
Upon completion of the transaction, Toyota Motor Corporation will become an equal partner in cellcentric together with the Volvo Group and Daimler Truck. The parties plan to collaborate on equal terms, with the aim of strengthening cellcentric's technological lead, industrial scale and competitiveness in heavy-duty fuel cell technology. Through collaboration with industry associations and partners across the entire hydrogen value chain, the partners aim to actively support the development of hydrogen supply and infrastructure and unlock the hydrogen ecosystem.
cellcentric will continue to operate as an independent and autonomous company and serve a broad range of customers in heavy-duty on-road and off-road transport, as well as other heavy-duty applications such as coaches, stationary power generation, rail and heavy off-highway equipment. The Volvo Group, Daimler Truck and Toyota Motor Corporation will continue to compete independently in all other areas of their respective businesses.
Completion of the transaction is expected around year end 2026 or start of 2027 and is subject to obtaining regulatory approvals.
The transaction is not expected to have any material impact on the Volvo Group's earnings or financial position.
July 27, 2026
Journalists wanting further information, please contact:
Claes Eliasson, Head of Media Relations
+46 76 553 7229
[email protected]
About cellcentric
cellcentric develops, produces, and commercializes fuel cell systems for use in heavy-duty commercial vehicles and other applications with comparable requirements. cellcentric is a joint venture of Daimler Truck AG and the Volvo Group founded in 2021. The company leverages the know-how and extensive experience gained from decades of developing fuel cell systems by its predecessor companies. cellcentric's goal is to become a leading global manufacturer and tier 1 supplier of fuel cell systems and thus make a contribution to climate-neutral and sustainable transportation. More than 560 highly qualified employees are continuously advancing cellcentric's state-of-the-art fuel cell technology. They work in interdisciplinary teams at sites in Kirchheim/Teck, Esslingen, Stuttgart (Germany) and Burnaby (Canada). Roughly 700 individual patents underline cellcentric's leading role in fuel cell technology development.
For more information, please visit volvogroup.com
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The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers' uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs almost 100,000 people and serves customers in almost 180 markets. In 2025, net sales amounted to SEK 479 billion (EUR 43 billion). Volvo shares are listed on Nasdaq Stockholm.
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Toyota investuje 3,6 miliardy USD do rozšíření výroby v Texasu, aby posílila svou severoamerickou stopu a lokalizovala produkci. Akcie přesto zůstávají vnímány jako hodnotové, s poměrem ceny k zisku 9,7×.
The move strengthens Toyota’s North American manufacturing footprint at a time when supply-chain resilience and domestic production have become increasingly important for global automakers.
Yet despite that aggressive investment, Toyota continues to be viewed as a value stock.
The automaker currently ranks among Benzinga Edge’s Top Value Stocks, reflecting its inexpensive valuation metrics and strong profitability. That creates an interesting disconnect: Toyota is spending like a company preparing for its next phase of growth, while Wall Street continues to value it like a mature automaker.
Toyota Still Trades Like A Value StockToyota’s valuation helps explain why it continues to earn a place among the market’s top value names.
According to Benzinga Pro data, the stock trades at just 9.7 times trailing earnings and 10.8 times forward earnings. It also carries an earnings yield of 10.3% and an EV-to-EBITDA multiple of 8.0—metrics typically associated with value stocks rather than companies making multibillion-dollar expansion bets.
Rather than conserving cash, Toyota is investing heavily to localize production, strengthen its U.S. manufacturing footprint and reinforce its position in the profitable North American truck market. The company has also continued leaning on its hybrid strategy, which has helped it outperform many rivals as EV demand has moderated.
For investors, the question is whether Wall Street is fully recognizing what Toyota is becoming—or still valuing what it has historically been.
TM Stock Chart Suggests Sentiment May Be ImprovingToyota’s technical picture suggests investors may already be warming to that idea.
Although the shares remain down 18.7% year to date, they’ve gained 5.5% over the past five trading sessions and are up nearly 4% over the past year, indicating buying interest has started to return after months of weakness.
Chart created using Benzinga Pro
The stock has also reclaimed its short-term moving averages, while the MACD (moving average convergence/divergence) indicator is recovering from the negative territory, signaling that bullish momentum is building. Meanwhile, the Relative Strength Index (RSI) sits near the neutral 50 level, suggesting the shares are neither overbought nor oversold and could have room to build on their recent rebound.
The next technical level investors may be watching is the 50-day moving average, which could act as the next test for a sustained breakout.
It’s a strategic investment in manufacturing flexibility, localized production and one of the world’s most profitable pickup markets. Yet even as the company commits billions to future growth, the stock continues to trade at the kind of valuation typically reserved for mature value companies—a view reinforced by its place among Benzinga Edge’s Top Value Stocks.
If Toyota’s manufacturing investment begins translating into stronger earnings growth and improving investor sentiment, Wall Street may eventually have to decide whether the company still belongs in the bargain bin—or whether its valuation deserves a second look.
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Toyota Motor North America investuje 3,6 miliardy USD do rozšíření závodu v San Antoniu, kde přidá druhou montážní linku pro Tacoma. Vznikne 2 000 nových pracovních míst, přibude 2,5 milionu čtverečních stop a areál se do roku 2030 zdvojnásobí.
Investment will enable Tacoma assembly alongside Tundra, Sequoia and rear axles
, /PRNewswire/ -- Toyota Motor North America (TMNA) announced it will invest $3.6 billion to expand its San Antonio manufacturing campus with a second vehicle assembly line to support the Tacoma truck. The expansion will create 2,000 new, high-quality jobs and add 2.5 million square feet to Toyota Texas, doubling its size by 2030.
TMNA will transition Tacoma production from Toyota Motor Manufacturing Baja California (TMMBC) to the expanded Toyota Texas plant over an approximate four-year period.
Toyota Announces $3.6B Expansion, 2,000 New Jobs at its San Antonio Plant - Investment will enable Tacoma assembly alongside Tundra, Sequoia and rear axles. "Toyota's continued investment in North America is a testament to our confidence in the region's workforce, innovation and long-term growth potential," said President and CEO Ted Ogawa, TMNA. "By expanding our San Antonio plant, we are deepening our commitment to American manufacturing, creating meaningful and sustainable jobs, while advancing our mission to deliver high-quality vehicles that meet the changing needs of customers today and into the future."
After a highly competitive process, this expansion highlights Toyota's commitment to Texas as a vital hub for automotive innovation and manufacturing excellence.
"Texas is where the world builds bigger, and Toyota shows it once more with a $3.6 billion expansion in San Antonio that doubles their factory footprint and creates 2,000 new jobs," said Texas Governor Abbott. "This Texas-sized investment reflects the strength of our workforce and the unmatched business advantages found only in our state. Supported by the Texas Enterprise Fund and JETI program, this expansion will deliver economic opportunities to generations of San Antonio families and further cement Texas as the premier destination for world-class advanced manufacturing."
This latest investment will add another assembly line to the campus at Toyota Texas, which already includes a vehicle assembly line and new rear axle plant that is nearing startup.
"We are so proud of Team Texas and what they have accomplished over the past two decades," said Frank Voss, group vice president of truck manufacturing, TMNA and president of Toyota Texas. "The 2,000 acres of South Texas ranchland our plant stands on today was purposefully selected for its ability to scale with vehicle demand, and today marks the first step toward realizing that potential. We're excited to add the beloved Tacoma to our existing award-winning lineup, and we thank the State of Texas, Bexar County and City of San Antonio for their longstanding support."
This expansion brings Toyota's total investment in San Antonio to $8.3 billion since breaking ground in 2003. The new facility will enable increased flexibility for the plant through advanced manufacturing technologies and will align with Toyota's broader North American operations. Toyota remains committed to its operations throughout the U.S., Canada, and Mexico, and encourages a quick resolution to USMCA to make the North American region globally competitive.
"Toyota has been a loyal and dedicated partner in this community for two decades," said Bexar County Judge Peter Sakai. "This is the plant's second milestone investment in two years. Toyota continues to honor its commitments here, and this exciting initiative shows the confidence one of the world's leading companies has in Bexar County today and in the future."
Toyota's local workforce will climb to approximately 6,000 team members, supported by 23 on-site suppliers and their employees.
"San Antonio proudly hosts Toyota, and we're excited to be selected for additional expansion," said San Antonio Mayor Gina Ortiz Jones. "This is a significant recognition of the talent our city offers, as well as the investments our community is willing to make to support Toyota's growth. We look forward to expanding the Toyota family in San Antonio."
For nearly 20 years, Toyota Texas has rolled out top-quality trucks and SUVs, assembling more than 197,000 vehicles last year alone. The San Antonio plant is the exclusive home of the Tundra and Sequoia, both assembled on the same production line, and will begin production at its new rear axle facility this fall.
ADDITIONAL QUOTES
U.S. Senator John Cornyn: "Today's approval of a new Toyota assembly line in San Antonio is great news for Bexar County and Texas as a whole," said Sen. Cornyn. "This $3.6-billion investment will create 2,000 new, well-paying jobs and bring expanded economic opportunities to South Central Texas, and I applaud Toyota for growing their already significant presence in the Lone Star State even further."
U.S. Senator Ted Cruz: "Texas leads the nation because we believe in free enterprise, low taxes, and fewer government barriers to job creators. Congratulations to Toyota on their $3.6 billion new investment in San Antonio. It is another powerful vote of confidence in our state's workers and pro-growth policies. This expansion will create thousands of high-paying jobs, strengthen American manufacturing, and reinforce Texas as the best place in the country to build, invest, and innovate. I look forward to seeing the opportunities Toyota continues to create for San Antonio and communities across our great state."
Lieutenant Governor, State of Texas, Dan Patrick: "Texas' proven formula of free markets, a stable regulatory environment, and fiscal responsibility is why the Lone Star State remains the best state to do business in America," said Lt. Gov. Dan Patrick. "Toyota's new $3.6 billion investment in Bexar County is yet another important data point supporting that fact. This transformational investment for a new Toyota manufacturing line will result in billions in economic activity for the local San Antonio economy and will provide over 2,000 high-paying jobs for families in San Antonio and the surrounding communities."
Texas Speaker of the House, Dustin Burrows: "The State of Texas is proud to strengthen its partnership with Toyota Motor Manufacturing Texas through the announcement of this new San Antonio facility," said Speaker Dustin Burrows. "This investment reflects the confidence that world-class employers like Toyota continue to have in Texas' pro-business climate and skilled workforce. We are grateful for the good-paying jobs and economic opportunities this facility will bring to the region, and we look forward to building on Texas' partnership with Toyota."
Texas State Representative, John Lujan: "As a lifelong resident of San Antonio, I have seen firsthand the impact Toyota has made over the past two decades. Toyota has become an essential part of our city's identity, and this new investment will continue Toyota's legacy of uplifting our Southside residents, breaking cycles of poverty, and providing lasting skills and good-paying jobs. It is truly an honor to work alongside Toyota's leadership, Governor Abbott, Bexar County, and the City of San Antonio to bring this success to our community. I congratulate Toyota on this milestone, which will continue to create opportunity and strengthen South San Antonio for generations to come."
Texas State Senator, Roland Gutierrez: "Toyota Motor Manufacturing Texas' decision to expand in San Antonio is tremendous news for our community and for the State of Texas. The creation of 2,000 new jobs and an economic impact of more than $3.6 billion reflects the strength of our workforce, our business-friendly environment, and the opportunities that continue to grow in our region. This investment adds to the vibrancy of our city and will enhance our area for generations to come. Toyota believes in San Antonio and is proud to invest in the people who make our community such a remarkable place to live and work. We look forward to strengthening our partnership and celebrating continued success together."
Southwest ISD Superintendent, Dr. Jeanette Ball: "Many of our Southwest ISD families have a real, personal connection to Toyota's investment in our community. We're proud to play a role in supporting their expansion and the opportunity it brings to our families."
President and CEO, greater:SATX Regional Economic Partnership, Sarah Carabias Rush: "This marks a transformational expansion for Toyota in San Antonio. With a second vehicle assembly line, Toyota will continue to grow quality jobs with tremendous career progression opportunities for our San Antonio region," said Sarah Carabias Rush, president and CEO of greater:SATX Regional Economic Partnership. "This win reflects the competitive strength of our skilled workforce, our leadership in automotive manufacturing innovation and the seamless collaboration among the State of Texas, Bexar County, the City of San Antonio and our utility and infrastructure partners to secure this opportunity."
About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for nearly 70 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships.
Toyota directly employs approximately 48,000 people in the U.S. who have contributed to the design, engineering, and assembly of more than 36 million cars and trucks at our 11 manufacturing plants. In 2025, Toyota's plant in North Carolina began to assemble automotive batteries for electrified vehicles.
To help inspire the next generation for careers in advanced manufacturing, Toyota launched its in-person tour booking platform and virtual tour experience at www.TourToyota.com allowing guests to schedule a live tour to see several of our U.S. manufacturing facilities in action or visit all plants virtually from anywhere around the globe.
For more information about Toyota, visit www.ToyotaNewsroom.com.
Media Contact:
Melinda Louden
210-748-6103
[email protected]
Toyota Motor North America v červnu v USA prodala 212 793 vozů, což je meziročně o 10,1 % více. Prodeje elektrifikovaných vozů vyskočily o 35 % na 122 063 a tvořily 57,4 % celkového objemu.
RAV4 Hybrid achieved an all-time best-ever Best-ever June sales for Lexus division 33 electrified vehicle options available between both Toyota and Lexus brands TMNA June electrified vehicle sales of 122,063, up 35.0 percent , /PRNewswire/ -- Toyota Motor North America (TMNA) today reported June 2026 U.S. sales of 212,793 vehicles, up 10.1 percent on a volume basis and up 5.7 percent on a daily selling rate (DSR) basis compared to June 2025. Sales of electrified vehicles for the month totaled 122,063, up 35.0 percent on a volume basis and up 29.6 percent on a DSR basis, representing 57.4 percent of total sales volume.
Toyota Motor North America Reports June, Second Quarter 2026 U.S. Sales Results For the second quarter, TMNA reported sales of 673,971 vehicles, up 1.1 percent on a volume basis and up 1.1 percent on a DSR basis versus the second quarter of 2025. Sales of electrified vehicles for the second quarter totaled 383,091, up 19.5 percent on a volume basis and up 19.5 percent on a DSR basis, representing 56.8 percent of total sales volume.
Toyota division posted June sales of 183,627 vehicles, up 11.2 percent on a volume basis and up 6.8 percent on a DSR basis. For the quarter, Toyota division reported sales of 585,211 vehicles, up 2.6 percent on a volume basis and up 2.6 percent on a DSR basis.
Lexus division posted June sales of 29,166 vehicles, up 3.9 percent on a volume basis and down 0.3 percent on a DSR basis. For the quarter, Lexus division reported sales of 88,760 vehicles, down 7.5 percent on a volume basis and down 7.5 percent on a DSR basis.
"Our second-quarter results reflect continued momentum across the Toyota and Lexus lineups," said Andrew Gilleland, senior vice president, Automotive Operations Group, Toyota Motor North America. "Strong demand and disciplined inventory management have fueled consistent gains versus a year ago, and accelerating interest in our electrified vehicles—with month-over-month growth throughout the quarter—reinforces that our multi-pathway approach is resonating. Combined with our commitment to affordability and a broad range of vehicles starting under $35,000, we're well-positioned to expand access to electrification while delivering value across every powertrain."
Highlights (volume basis unless otherwise noted)
TMNA:
Second quarter sales up 1.1 percent Second quarter electrified vehicle sales of 383,091, up 19.5 percent June sales up 10.1 percent June electrified vehicle sales of 122,063, up 35.0 percent 33 total electrified vehicles currently available in dealerships between both the Toyota and Lexus brands Among the lowest incentives among full-line manufacturers Toyota Division:
RAV4 Hybrid achieved an all-time best-ever All-time best-ever electrification mix at 61.4% Second quarter sales up 2.6 percent Second quarter electrified vehicle sales of 345,791, up 21.1 percent June sales up 11.2 percent June electrified vehicle sales of 110,627, up 38.0 percent Lexus Division:
Achieved an all-time best-ever June Second quarter sales down 7.5 percent Second quarter electrified vehicle sales of 37,300, up 6.5 percent June sales up 3.9 percent June electrified vehicle sales of 11,436, up 11.7 percent About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in North America for nearly 70 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our more than 1,800 dealerships.
Toyota directly employs nearly 64,000 people in North America who have contributed to the design, engineering, and assembly of more than 50 million cars and trucks at our 14 manufacturing plants. In 2025, Toyota's plant in North Carolina began to assemble automotive batteries for electrified vehicles.
For more information about Toyota, visit www.ToyotaNewsroom.com.
Joby Aviation Inc (NYSE:JOBY) is up 5.2% to trade at $9.08 before the bell, after a regulatory filing revealed the company and Toyota Motor (TM) have formed a new manufacturing venture to produce Joby's S4 Series electric vertical takeoff and landing (eVTOL) aircraft. The new Delaware entity, Joby Toyota Aero Manufacturing Preparation Company (JTAMPC), formalizes a structure in which Toyota owns a 51% stake and appoints three of five board members, while Joby retains the remaining 49%.
The stock has had a difficult year so far, carrying a 34.6% year-to-date deficit coming into today. However, this morning's news has JOBY looking to snap a six-day losing streak, and as the quarter winds down, the equity is also on track for its first quarterly win in three.
Wall Street remains cautious. Of the 11 analysts covering the stock, six carry a "hold" rating, while two sport a "buy" or better. This leaves room for upgrades, should the Toyota partnership translate into stronger execution.
Notably, short interest represents 15.2% of JOBY's available float. At the stock's average daily trading pace, it would take more than three days for bearish bets to be covered.
Meanwhile, JOBY sports a Schaeffer's Volatility Scorecard (SVS) of 80 out of 100, indicating the shares have consistently delivered larger moves than options traders have priced in over the past year.
Toyota Motor's all-new RAV4 SUVs are displayed during its world premiere event in Tokyo, Japan May 21, 2025. REUTERS/Manami Yamada Purchase Licensing Rights, opens new tab
CompaniesTOKYO, June 29 (Reuters) - Toyota Motor (7203.T), opens new tab said on Monday that global vehicle sales slipped for a fourth consecutive month in May, as decreases in China and the Middle East weighed on overall results.
Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here.
Global sales dropped 7.2% year-on-year to 834,279 vehicles, Toyota said in a release. Overseas sales fell 9.6%, while those in Japan rose 11.1%, helped by strong demand for models such as RAV4 and bZ4X.
By region, sales in China plunged 31.7% amid tough market conditions, partly due to rising petrol prices, while those in the Middle East slumped 38.6%. In the U.S., Toyota's top market, they edged down 0.6%.
Global production declined 5.5% from a year earlier, as a 3.8% drop in the U.S. and a 13.3% decrease in Asia offset a rise in Japan.
Toyota's figures include its luxury brand, Lexus.
Reporting by Daniel Leussink; Editing by Rashmi Aich
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