The Japanese firm reported 2.45 trillion yen ($18.12 billion) in net profit for the fiscal year, down 14 percent from a year earlier.
Despite placing second in terms of overall manufacturer sales, Tesla's Model 3 and Model Y were the two highest selling vehicles in California last year.
Tesla slashed prices on two of its most expensive U.S. models, as it continues the trend of discounting its vehicles to drive up demand.
Subaru has issued a recall for over 1000 of its latest 2023 Solterra Electric SUV's over a hub bolt issue that could cause the vehicle's wheels to fall off.
General Motors retakes its spot as America's top automaker from Toyota but U.S. car sales continue to decline into 2023.
Toyota announced it will temporarily replace push-to-start "smart" keys with a mechanical version due to global chip shortages.
Tesla reported an impressive number of sales in the first quarter
Toyota is partnering with the Japan Aerospace Exploration Agency (JAXA) to create a vehicle that can traverse the depths of the moon
Over 1.86 million Toyota SUVs are affected by the NHTSA's investigation.
Tokyo Olympics boss Mori to resign over sexist remarks: media
Toyota announced Wednesday it plans to introduce two electric vehicles and one gas-electric hybrid this year and expects to have them available for sale in the U.S. in 2022.
Toyota says Q3 net profit soared, hikes full-year outlook
Despite limited fans, spectators during the Spurs vs. Rockets game on Saturday got into a fight.
Toyota overtakes Volkswagen as top-selling global auto maker
Hyundai Motor's Q4 net profit jumps 78 percent
US orders Ford to recall 3 mn vehicles with Takata airbags
Toyota to pay $180 mln to settle US emissions violations: govt
Both General Motors and Fiat Chrysler have announced that they are jumping into the electric air mobility sector as they look to come to market with a flying car.
Ford, Toyota face US production slowdown over semiconductor shortage
Asa Mitchell also injured his mother, grandmother and brother.
De Villiers wins Dakar fifth stage, Peterhansel extends lead
Tesla market value tops $700 bn for first time