Toyota to build $1.29B battery manufacturing plant in North Carolina
Toyota Battery Manufacturing North America will have four production lines, each capable of delivering enough lithium-ion batteries for 200,000 hybrid and electric vehicles. The automaker plans to expand the facility to at least six production lines to produce enough battery packs for up to 1.2 million vehicles per year.
Toyota recalls Camrys over brake-assist problems
Toyota has issued a recall on some 227,000 Camrys to fix brake-assist problems
Toyota accelerating vehicle production in December as COVID-induced parts shortages ease
Toyota expects to build approximately 800,000 vehicles globally in December, up from approximately 760,000 vehicles built during the same period a year ago.
Toyota lifts annual profit outlook on a weaker yen
Japan's Toyota Motor Corp raised its profit outlook on Thursday helped by favorable currency rates but warned that the global semiconductor shortage still posed risks to its full-year production plans.
World’s largest chipmaker to raise prices, threatening costlier electronics
The price increases come in the wake of a global semiconductor shortage that has affected Apple and most car makers, including General Motors Co. and Toyota Motor Corp.
Toyota to slash September production due to global chip shortage: report
Toyota Motor is slashing its global production for September by 40% from its previous plan due to the worldwide shortage of semiconductors, according to Nikkei Asia.
Toyota reports record profit amid pandemic, keeps forecasts
While the pandemic has dented sales and demand in some global businesses, Toyota appears to be roaring back. Uncertainties remain such as the global shortage of semiconductors that’s slammed the auto industry, as well as effects of COVID-19.
The 2021 Olympics are turning into a $20 billion bust for Japan
When Toyota Motor Corp. said this week it wouldn’t run any ads in Japan tied to the Olympics, it sent a message louder than any TV commercial about the host nation’s grim mood.
Toyota pulls Olympic ads from Japan amid COVID-19 concerns
Japan’s top automaker, Toyota, has announced the withdrawal of all Olympic-themed advertisements from airing locally in response to backlash surrounding the rising COVID-19 infection rates as it relates to the Tokoyo Olympics.
Toyota stops donations to certain Republicans after Lincoln Project ad criticized company
The Lincoln Project took aim at Toyota in a Thursday tweet criticizing the company's donations to the 147 Republicans who voted against certifying the 2020 election results.
Toyota Q4 profit nearly doubles, beats expectations
Toyota Motor Corp reported on Wednesday its fourth-quarter operating profit jumped 92%, as it shrugged off chip-supply issues and as its sales recovered from the impact of the coronavirus pandemic.
Toyota recalls Venza SUVs to fix air bag wiring problem
Toyota will inspect the wires and replace them if needed at no cost to owners
Tesla, Toyota eye restarting SUV partnership: Report
Under the partnership, which has been in review since last year, the car manufacturers would develop a small electric SUV.
Target, Toyota, GM in Texas to keep wearing masks
Employees at General Motors, Toyota Motor, Target Corp, and Macy's Inc in Texas will keep face masks on at work, the companies said on Tuesday, even as the U.S. state lifted most of its coronavirus curbs allowing businesses to reopen at full capacity as of next week.
Toyota hikes profit forecast 54%, shrugs off global chip supply issues
Toyota raised output for the fiscal year ending March
Ford, Toyota, Subaru curb production amid computer-chip shortage
A shortage of computer chips is curbing production for automakers around the world.
Toyota recalls additional 1.5M U.S. vehicles for fuel pump issue
The affected cars, trucks and SUVs are equipped with a fuel pump that may stop working, which would cause warning lights and messages to display on the instrument panel and the engine to potentially run rough, according to the company.
GM, Toyota drive up auto production as economy rebounds
Some of America's biggest automakers are ramping up production to meet customer demand during the coronavirus pandemic.
Japan automakers post 12% slide in July global vehicle sales
The decline in monthly sales has slowed significantly since a 50% drop posted in April,and compared with a 21.3% fall in June
Toyota recalls gas-electric hybrids for engine stall problem
Toyota is recalling about 752,000 gas-electric hybrid vehicles worldwide because the engines can lose power and stall.