This story was originally published on WardsAuto. To receive daily news and insights, subscribe to our free daily WardsAuto newsletter. Penske Automotive Group (PAG) on November 19 announced it had acquired two Toyota and two Lexus dealerships, including Longo Toyota, the top Toyota dealership in the United States. Publicly listed PAG acquired the franchises from Penske Motor Group, part of Penske Corp. You might be forgiven for being a bit confused with all the Penskes in that paragraph. But the transa ...

Group 1 - Toyota is recalling 126,691 Tundra and Lexus vehicles in the U.S. due to manufacturing debris that may stall the engine [1][3] - The recall is being overseen by the U.S. National Highway Traffic Safety Administration (NHTSA) [1][3] - A remedy for the issue is currently under development and will be performed once available [3]

Core Points - Toyota is recalling 126,691 Tundra and Lexus vehicles in the U.S. due to manufacturing debris that may stall the engine [1] Group 1 - The recall affects both Tundra and Lexus models [1] - The action is initiated by the U.S. National Highway Traffic Safety Administration [1] - The potential issue involves manufacturing debris that poses a risk of engine stalling [1]

Sales Performance - Toyota Motor Corporation reported a 1.2% year-on-year rise in global sales to 900,598 vehicles in August 2025, with a 3.7% increase in overseas sales to 766,151 units, while sales in Japan fell by over 10% to 134,447 units [1] - In the first eight months of 2025, Toyota Group sales increased by 6.2% to 7,409,273 units, with sales in Japan rising by almost 18% to 1,365,233 units, and overseas sales increasing by 3.9% to 6,044,040 units [2] - Global sales of Toyota- and Lexus-branded vehicles increased by 5.0% to 6,903,693 units year-to-date, with sales in Japan rising by almost 7.3% to 999,963 units, and overseas sales increasing by 4.6% to 5,903,730 units [3] Regional Sales Insights - Sales in North America increased by 6.6% to 1,953,095 units, while sales in Latin America (excluding Mexico) rose by 3.7% to 328,472 units [3] - In Asia (excluding Japan), deliveries rose by 4.3% to 2,088,133 units, mainly driven by strong growth in China, India, and Vietnam [3] - In Europe, sales increased by just 1.7% to 782,486 units [3] Electrified Vehicle Sales - Toyota and Lexus reported a 16% rise in global sales of electrified vehicles to 3,291,057 units in the first eight months of the year, accounting for 48% of total sales [4] - Sales of battery electric vehicles (BEVs) rose by over 21% to 117,031 units, almost all of which were sold overseas, while sales of hybrid electric vehicles (HEVs) rose by 13% to 2,936,932 units [4] Subsidiary Performance - Daihatsu's global sales surged by 36% to 431,667 units year-to-date, with sales in Japan rebounding by 71% to 342,159 units, while overseas sales dropped by 24% to 89,508 units [5] - Hino Motors reported an almost 9% decline in global sales to 73,913 units, with sales in Japan falling by 15% to 23,111 units, and overseas sales declining by 5.4% to 50,802 units [5]