Toyota investing $5.6B in US, Japan EV battery production
Toyota is investing $5.6 billion to boost manufacturing of electric batteries for both the U.S. and Japanese markets.
Toyota exec says car shortage will last another year and shoppers may reject EV push
Toyota's head of sales, Jack Hollis, expects the supply crisis to continue for another year and that the industry will never return to pre-shortage norms.
Toyota profit hit by supply shortage, rising costs
Toyota's quarterly profit was drastically impacted by supply shortages of semiconductors along with rising costs.
Toyota recalling thousands of 2022 Tundra vehicles
Toyota is carrying out a safety recall of thousands of 2022 Tundra vehicles because some models could have nuts on the rear axle assembly that loosen over time.
Toyota's global production target for May falls short
Toyota missed its production target for May, falling short of its already reduced forecast.
Toyota recalls electric car for faulty wheel that could come loose: 'No one should drive these vehicles'
Toyota is recalling its bZ4X electric crossover vehicle due to a safety issue where bolts could loosen causing the wheel to fall off.
Toyota cuts global production again as semiconductor shortages, supply chain disruptions linger
Toyota has downgraded its production plan for July by some 50,000 vehicles as semiconductor shortages and COVID-related supply chain disruptions linger.
Toyota cuts June output plan again, to 800,000 vehicles
Toyota Motor Corp is cutting its global production plan for June for the second time this week, reducing its planned output to 800,000 vehicles. The COVID-19 lockdown in Shanghai is blamed.
Toyota Motor’s fourth-quarter net profit drops 31%
Toyota Motor Corp. said Wednesday that its fourth-quarter net profit fell 31% compared with the same period a year earlier and projected a drop in earnings for new fiscal year due to higher costs.
US electric-vehicle tax credits ending for new Toyota buyers
Toyota customers soon won't be able to get U.S. federal tax credits for buying electric or hybrid vehicles.
Japan's Toyota to cut production by between 5%-20% from previous plan
Toyota Motor Corp has told suppliers it will cut domestic production by up to 20% as it faces strains from ongoing chip shortages.
Ford, GM update production around Canadian trucker convoy
Ford and other automakers warned Thursday that the ongoing bridge blockade from Detroit by Canadian truckers protesting COVID-19 mandates could do further damage if it continues
Toyota Motor’s third-quarter net profit falls 5.6% as parts shortage hurts sales
Toyota Motor Corp.’s third-quarter net profit fell 5.6% compared with the same period a year earlier as sales dropped due to the parts shortage caused by the Covid-19 pandemic.
Toyota remains world's biggest car seller, widens lead on VW
Japan's Toyota Motor Co said on Friday its vehicle sales rose by 10.1% last year, making it the world's biggest carmaker for a second straight year and putting it further ahead of its nearest rival, Germany's Volkswagen AG.
Toyota Land Cruiser is sold out for 4 years
Toyota has posted a message to customers in Japan apologizing that the new Land Cruiser SUV is sold out for the next four years.
Toyota cutting production in February due to semiconductor shortage
Toyota is cutting production in February due to the ongoing semiconductor shortage. It expects to build 700,000 during the month, which is 150,000 less than planned.
Toyota 'Rickrolled' everyone during its massive electric vehicle reveal
Toyota pulled a classic prank during its reveal of 15 upcoming electric vehicles by placing a QR Code on one that "Rickrolls" anyone who tries to use it.
Toyota to build record 800,000 vehicles in January
Toyota said it plans to produce 800,000 vehicles in January, which would be an all-time record for the month. The automaker has secured a supply of semiconductor chips to return to near full production.
Lexus going all-electric in Toyota's $70B electrification plan
Toyota will make Lexus an all-electric brand as it spends $70 billion to electrify its vehicle lineups.
GM plans more than $3B for electric-vehicle projects in Michigan
General Motors Co. plans to invest more than $3 billion to make electric vehicles in Michigan, people familiar with the matter said, a potential win for the car maker’s home state after recent commitments of auto projects to Southern states.