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TOYOTA $TM IS BRINGING BACK THE SCION BRAND WITH A TINY TRUCK MADE IN THE US
The KEI-01 is a mini utility truck with a top speed of 25 mph, and Toyota will build it at its plant in Indiana, per Bloomberg. Sales start late next year.
At first, it will only be sold to business buyers ordering 10 or more vehicles. The price hasn't been announced.
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Toyota hikes annual outlook and unveils $89 billion shareholder return plan
Toyota hikes annual outlook and unveils $89 billion shareholder return plan
Toyota posts profit surge and lifts annual outlook as hybrid sales shine
Toyota raised its full-year profit forecasts on Thursday on the back of strong demand for hybrid vehicles and the weak yen, despite fierce competition from Chinese rivals.
Toyota Q2 27 Earnings:
• Net Income: ¥759.4B (est ¥769.79B)
• Oper Income: ¥1.13T (est ¥964.86B)
• Sees FY Oper Income: ¥3.90T, Saw ¥3.40T
• Sees FY Net Income: ¥3.57T, Saw ¥3.25T (est ¥3.74T)
• Expands Share Buyback Programme To ¥1.3T
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Toyota second-quarter profit seen climbing 18%, first increase in six quarters
Toyota Gives 5 of Its Family Haulers the Almost-Rugged Woodland Concept Treatment for SEMA
Toyota is showing off its quintet of Snowhunter concepts at SEMA, swapping its lineup of off-road SUVs and trucks from tires to tracks. The concepts all wear white paint with a camouflage graphic, black accents, and plenty of auxiliary lighting. The SUVS and trucks are also covered in roof racks, recovery equipment, and other goodies needed for exploring the snow. More here ➡️
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TOYOTA US NEW CAR SALES RISE 6.5% IN OCTOBER TO 221,507; VEHICLES ELECTRIFIED VEHICLE SHARE OF SALES HITS 56.9%