Toyota Motor Corp. and Nippon Telegraph & Telephone Corp. have agreed to invest billions to develop autonomous driving software assisted by artificial intelligence.

Toyota Motor Corp.’s sales fell again after declines in Japan and China put an end to a short-lived recovery, while production was disrupted by domestic scandals and recalls abroad.

Toyota Motor Corp.’s global sales and output fell in the first half with sizable declines in Japan and China canceling out a resurgence of hybrids in North America.

Toyota Motor Corp.’s campaign to show customers, suppliers and investors that it’s serious about electrification was on display again this month.

Nissan Motor Co. is developing new modular powertrains that will help streamline production and drive manufacturing costs for hybrid cars down by as much as 30%.

Subaru Corp. appointed Atsushi Osaki as CEO and president, following Toyota Motor Corp.’s decision to overhaul its top ranks, suggesting a greater urgency among Japanese carmakers to accelerate efforts to better compete in the electric vehicle era.

Toyota Motor Corp. reported a slight drop in global sales in January due to lingering effects of the COVID-19 pandemic and a chronic shortage of semiconductors for automobiles, the Japanese automaker said.

Toyota Motor Corp. posted third-quarter profit that topped estimates, but kept its conservative outlook for the year intact.