Toyota is merging its subsidiary, Hino Motors, with Daimler Truck's Mitsubishi Fuso to create a new, jointly owned holding company for commercial vehicles. Set to launch by April 2026, this partnership aimsto combine resources in electric and hydrogen-powered technology.
The company expanded its operations and partnerships, acquiring Hino Motors, Daihatsu, and Nippondenso. By 1982, Toyota Motor Company merged with Toyota Motor Sales Company, Ltd., forming the Toyota we know today.
Speaking at CES 2025, Toyoda clarified that Nissan did not seek a merger with Toyota, adding that such a move could potentially violate anti-monopoly laws.
The battery-electric commercial vehicle market is undergoing further consolidation as Daimler Truck and Toyota Motor Corporation announce the formation of a new holding company, Archion, to merge their Japanese truck affiliates Mitsubishi Fuso and Hino Motors brands, respectively.
Mitsubishi discontinued the Mirage due to a market shift towards SUVs, declining sales, low profit margins, and a strategic pivot towards electrification, with newer compact cars offering better technology and safety, making the Mirage less competitive despite its fuel efficiency. Its end signals the decline of affordable subcompact cars, as other brands dropped similar models and consumers increasingly prefer larger, higher-margin vehicles, leaving few under-$20k options.
Penske Automotive Group buys Penske Motor Group's Toyota, Lexus stores, including Longo Toyota. Penske Automotive Group Inc. on Nov. 19 acquired Penske Motor Group's four dealerships, including Longo Toyota and Longo Lexus, both in El Monte, Calif., east of Los Angeles.
After collaborating with BMW in 2019 to launch a turbocharged 3.0-liter inline powerplant for the Supra and Z4, Toyota's Gazoo Racing production division—which was responsible for joining forces with BMW—has finally decided to part ways with its German partner.
Toyota and Lexus Lexus is Toyota's luxury division, founded in 1989 to compete with premium brands such as Mercedes-Benz and BMW.
Mazda is an independent Japanese automaker, owned primarily by the Mazda Motor Corporation itself, with significant shares held by Japanese financial institutions and a strategic minority stake (around 5%) held by Toyota Motor Corporation, following the end of its major partnership with Ford in 2015.
Toyota Industries manufactures engines for Toyota vehicles sold all around the world. We develop and manufacture clean diesel engines that strike a balance between power performance and environmental performance, and turbochargers that play a significant role in the enhancement of engine performance.
Subaru operates as an independent company despite Toyota's 20% stake. This allows Subaru to produce platforms, engines, transmissions, drivetrains, and other technologies independently of Toyota, except on partnership projects.
The "best" car brand depends on your priorities, but Subaru, Lexus, Toyota, and Honda consistently rank highest for overall reliability and quality, according to recent reports from Consumer Reports and U.S. News & World Report. For luxury, BMW and Porsche excel, while Tesla leads in electric vehicle innovation, though its reliability varies.
Nissan is discontinuing some models as part of a strategic pivot towards electric vehicles (EVs) and high-demand SUVs, phasing out gas-only sedans (like the Altima and Versa), trucks (like the Titan), and high-performance niche cars (like the GT-R), due to shifting consumer preferences, strict emissions standards, high re-engineering costs for aging platforms, and intense competition in the EV market, as they focus resources on future tech and profitable segments.
Infinitis are well-known for their reliability and durability. Because Infiniti is owned by the same company as Nissan, it offers many of the features from its sister brand's lineup at a more competitive price point.
Honda often edges out Nissan in overall reliability and resale value, with better standard safety tech and more rigorous CPO inspections, while Nissan shines with a broader, sportier lineup (like the Z/GT-R) and potentially more advanced infotainment/driver-assist options in higher trims, making Honda generally better for long-term dependability and Nissan better for specific performance or tech features.