Toyota has been forced to revise its production schedule yet again due to ongoing parts shortages and supply chain constraints, mainly brought on by the COVID pandemic. The company says it is aiming to produce around 700,000 vehicles in August, with 200,000 of those for the Japanese market. This week […]
Toyota reviews
Toyota Australia posts $249 million profit in FY21-22, down from $332m
The turn of a new financial year has seen Toyota post a healthy $249 million profit, however, that’s down $83 million from the previous financial year. All up, Toyota has maintained its healthy command of the Australian market (including through 2021), with its 22.3 per cent market share accounting for […]
Australian vehicle sales for June 2022: VFACTS
We’ve reached the halfway point of the year, which means we can now see what cars have been the most popular for the first half. Australian new vehicle registration figures have just been released in the form of June VFACTS, 2022. According to the Federal Chamber of Automotive Industries (FCAI), […]
Toyota global sales and production drop 9% in May
Toyota’s global sales numbers fell over nine per cent during May, as production setbacks and supply chain constraints brought on by semiconductor shortages and COVID continue to impact the industry. Toyota says that both sales and production numbers have fallen below last year’s levels due to the shortages, logistical nightmares […]
Toyota posts record profits for 2022 fiscal year, despite challenges
Toyota has made it clear it won’t let nightmarish supply chain constraints or production halts get in the way of its profits, after the company posted record-setting revenue, net income and operating profit figures for the 2021-2022 fiscal year. In its latest earnings call, Toyota reported an operating profit jump […]
2022 Toyota LandCruiser GR Sport review (video)
Welcome to the 2022 Toyota LandCruiser GR Sport. This is the first GR Sport variant ever offered for the LandCruiser nameplate, and it’s the most off-road-ready model in the new 300 Series lineup. The 300 Series has been on sale now for about six months, and sales have shown some […]
Toyota launches home battery system, up to 8.7kWh
Toyota says that it has used the knowledge gained in the development of its hybrid and battery-electric vehicles to produce a new home battery storage system for residential use. It’s called the Toyota O-Uchi Kyuden system, which Toyota describes as a “safe, long service life, high-quality, good value for price […]
Australian vehicle sales for May 2022: VFACTS
It’s that time of the month again. Australian new vehicle registration figures in the form of VFACTS compiled by the FCAI have been released, covering May 2022 consumer stats for the new car market. According to the Federal Chamber of Automotive Industries (FCAI), there were 94,383 new vehicles registered in […]