News On Japan

Toyota's Overseas Sales Hit Record High in April on Tariff Rush

NAGOYA, May 30 (News On Japan) - Toyota Motor announced that its overseas vehicle sales in April reached a record 756,190 units, up 9.7% from the same month last year. The surge was driven in part by last-minute demand in the United States ahead of additional tariffs on imported vehicles proposed by the Trump administration.

Sales in the U.S. rose by 10% year-on-year to 233,045 units, reflecting a rush by consumers and dealers to purchase vehicles before potential price hikes. This contributed significantly to Toyota's overall performance overseas.

Production also hit a record high for the month of April, with total domestic and overseas output rising 7.8% from a year earlier to 814,787 units. In addition to robust demand in North America and other regions, production in Japan also increased compared to last year, when the company was affected by certification irregularities.

Over the past year, Toyota Motor Corporation has navigated a complex global environment to maintain its position as one of the top-selling automakers worldwide. Despite challenges such as rising raw material costs, supply chain disruptions, and geopolitical tensions, Toyota’s global sales have remained resilient. In particular, strong demand in North America and Southeast Asia has offset some of the softness seen in markets like China, where increasing competition from domestic electric vehicle makers has begun to reshape consumer preferences. In Japan, Toyota has also maintained a solid presence, supported by both its reputation for quality and the popularity of hybrid models among cost-conscious and environmentally-aware consumers.

Sales in the United States have remained a cornerstone of Toyota’s global strategy, with models like the RAV4, Camry, and Tacoma continuing to perform well across various segments. The company has also seen growing interest in its hybrid variants, as fuel efficiency and sustainability become more central to American consumer behavior. Meanwhile, in Europe, although Toyota faces strict emissions regulations and stiff competition from local and new EV brands, its hybrid lineup—particularly the Yaris and Corolla—continues to attract buyers looking for practical alternatives to fully electric vehicles. In Southeast Asia, Toyota has benefited from the popularity of pickup trucks and multi-purpose vehicles, with models like the Hilux and Innova remaining top sellers in markets such as Thailand, Indonesia, and the Philippines.

Over the course of the year, Toyota has also worked to expand its footprint in the electric vehicle segment, though it remains more cautious compared to some of its rivals. Rather than a wholesale shift to battery EVs, Toyota continues to advocate for a diversified approach that includes hybrids, plug-in hybrids, hydrogen fuel cell vehicles, and battery electrics. This strategy has helped it retain customers who are not yet ready or able to transition to full EVs due to infrastructure limitations. The introduction of new models under the bZ series, starting with the bZ4X, marked a significant step in Toyota’s broader electrification roadmap, even as the company remained firm in its belief that market and regional conditions should dictate the pace of EV adoption.

Financially, Toyota has reported solid earnings throughout the fiscal year, buoyed by stable sales volumes and improved profitability per vehicle. The company has also benefited from favorable exchange rates, particularly the weaker yen, which has bolstered its export margins. Production levels have largely recovered from previous shortages of semiconductors, allowing Toyota to fulfill backorders and stabilize dealer inventories in key markets. The automaker has also increased its investments in domestic and overseas manufacturing, including new facilities for EV battery production and research and development centers focused on next-generation mobility technologies. As the fiscal year comes to a close, Toyota’s sales performance reflects a balance of steady volume, strong market fundamentals, and an adaptive business model that positions it well for continued leadership in a rapidly evolving automotive landscape.

Source: Nagoya TV News

News On Japan
POPULAR NEWS

U.S. President Donald Trump announced on May 30th that his administration plans to double the current tariffs on imported steel and aluminum to 50 percent. Speaking at a plant owned by major American steelmaker U.S. Steel, Trump declared that the existing 25 percent tariff on steel imports would be raised to 50 percent starting June 4th. The same rate will also apply to aluminum products, with the measure expected to affect exporters globally.

Amid mounting financial strain and work reform policies, Japan’s university hospitals are struggling to maintain the quality of their medical research, threatening the future of healthcare in the country. A recent survey of approximately 3,000 physicians working in university hospitals revealed that 60% spend less than five hours a week on research, with 22% reporting zero research time. The main reason: they are simply too busy with clinical duties to conduct research.

Mako Komuro, the eldest daughter of the Akishino family and now living in the United States, has given birth to her first child, the Imperial Household Agency announced on May 30th. The agency stated that the birth was disclosed during a press conference after some media reports surfaced, despite their intention to allow Komuro to live in a quiet environment following her departure from the Imperial family.

Akie Abe, widow of former Prime Minister Shinzo Abe, visited the Kremlin on May 29th and met with Russian President Vladimir Putin. During the meeting, Akie was seen tearfully listening to Putin’s words, reflecting the emotional nature of their exchange. Following the conversation, she was invited to ride in Putin’s official limousine to the Bolshoi Theatre, where the two attended a ballet performance together.

A gas cylinder recovered from the scene of an explosion in Tokyo’s Edogawa Ward bore a stamp indicating it was manufactured in November 1964, according to investigative sources. The blast, which occurred on May 27th at a construction site, injured 10 people.

MEDIA CHANNELS
         

MORE Business NEWS

Japan and the United States held their fourth ministerial-level talks on tariffs on May 30th, with Economic Revitalization Minister Akazawa stating that "progress toward an agreement was confirmed" during the meeting.

JR East Japan's group company has come under suspicion for overcharging labor costs in a government-commissioned project, claiming 65 people were working on a project while on 3 were involved.

SoftBank has teamed up with Intel and the University of Tokyo to establish a new semiconductor memory development company in Japan focused on artificial intelligence applications. Named SAIMEMORY, the new firm aims to develop cutting-edge memory chips with enhanced performance and lower energy consumption.

Concordia Financial Group, which will change its name to Yokohama Financial Group in October, is seeking to reinforce its identity as a strong regional bank group centered on Yokohama Bank. President Tatsuya Kataoka, who also serves as head of Yokohama Bank, discussed the strategy behind the rebranding, the group's structural reforms, and its ambitions for stronger financial performance during a joint interview with Nikkei Financial.

In a time when environmental concerns are reaching a critical point, businesses across the world, but mainly in Europe and the Middle East are ramping up their recycling efforts, an increasingly powerful driver of both ecological protection and economic opportunity.

Toyota Motor announced that its overseas vehicle sales in April reached a record 756,190 units, up 9.7% from the same month last year. The surge was driven in part by last-minute demand in the United States ahead of additional tariffs on imported vehicles proposed by the Trump administration.

Ten months after the release of Japan’s redesigned banknotes, an unusual detail has caught the public’s eye: the letter F on the new bills appears oddly rounded.

NTT Docomo is set to acquire major online bank Sumishin SBI Net Bank as it prepares to enter the banking sector, marking a significant shift for the mobile carrier as it looks to catch up with rivals in the growing financial services space.