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Toyota Motor Corporation American Depositary Shares (Each representing ten Ordinary Shares) - TM STOCK NEWS

Welcome to our dedicated page for Toyota Motor Corporation American Depositary Shares (Each representing ten Ordinary Shares) news (Ticker: TM), a resource for investors and traders seeking the latest updates and insights on Toyota Motor Corporation American Depositary Shares (Each representing ten Ordinary Shares) stock.

Toyota Motor Corporation (NYSE: TM), headquartered in Toyota City, Aichi, Japan, is a global leader in automotive manufacturing. Founded by Kiichiro Toyoda in 1937, Toyota has grown to produce approximately 10 million vehicles annually, positioning itself as one of the world's largest automakers. The company's extensive portfolio includes well-known brands such as Toyota, Lexus, Daihatsu, and Hino trucks. In fiscal 2023, Toyota sold 10.56 million vehicles globally, capturing significant market shares in both Japan and the United States.

Toyota's product lineup spans from traditional gasoline cars to cutting-edge electrified vehicles. The company offers 27 electrified options, including Hybrid Electric Vehicles (HEVs), Plug-In Hybrid Electric Vehicles (PHEVs), Fuel Cell Electric Vehicles (FCEVs), and Battery Electric Vehicles (BEVs). As part of its commitment to innovation, Toyota is also involved in manufacturing homes, boats, and has a financing division to support its sales.

Recent Achievements:

  • Toyota Motor North America (TMNA) reported a 21.8% increase in March 2024 U.S. sales, with electrified vehicles making up 36.4% of the total sales volume.
  • TMNA's sales for the first quarter of 2024 were up by 20.3%, demonstrating strong market performance.
  • Toyota's new investments in its U.S. operations include a $1.4 billion expansion to produce a new three-row battery electric SUV and a $1.3 billion investment in Toyota Kentucky for another BEV model.

Toyota has made strategic investments in various companies, including a 3.3% stake in Denso, 20% in Subaru, and shares in Uber Technologies, Joby Aviation, and others, reflecting its forward-thinking approach to mobility.

Current Projects:

  • Toyota's Collaborative Safety Research Center (CSRC) is leading 15 new projects focusing on driver behavior, crash avoidance, and injury mitigation.
  • The introduction of the all-new 2024 Tacoma with a hybrid powertrain, the 2024 Land Cruiser, and the 2025 Camry, all featuring hybrid technology.
  • The establishment of Toyota’s North American Hydrogen Headquarters in Gardena, California, to advance fuel cell technology and hydrogen infrastructure.
  • A partnership with the U.S. Department of Energy’s Argonne National Laboratory to develop a direct recycling process for lithium-ion batteries.

Partnerships and Community Engagement:

Toyota's commitment to community and environmental sustainability is evident through its 'Empact' vision, focusing on equitable EV charging and mobility for all. The company is installing high-power 350kW DC fast chargers in underserved communities in California.

For more information, visit www.ToyotaNewsroom.com.

Rhea-AI Summary

Toyota Motor North America (TMNA) reported strong 2024 U.S. sales performance with 2,332,623 vehicles sold, marking a 3.7% increase from 2023. A significant milestone was reached in electrified vehicle sales, surpassing one million units with a 53.1% surge, representing 43.1% of total sales volume.

Key achievements include Lexus recording its best-ever full-year sales in its 35-year history and Toyota brand maintaining its position as the #1 retail brand for the 13th consecutive year. Notable performances include Camry remaining the top passenger car for the 23rd year, RAV4 leading SUV sales for the 8th year, and Tacoma dominating the small pickup segment for the 20th year.

The company announced plans to introduce approximately 24 new, refreshed, or special edition vehicles in 2025, alongside the launch of battery production at their new $13.9 billion North Carolina facility.

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Toyota Motor North America (TMNA) reported strong 2024 U.S. sales performance with 2,332,623 vehicles sold, marking a 3.7% increase from 2023. A significant highlight was the record-breaking electrified vehicle sales of 1,006,461 units, representing a 53.1% increase and accounting for 43.1% of total sales volume.

The company maintains leadership with 30 electrified vehicle options, the most among any automaker. Notable achievements include Lexus recording its best-ever full-year sales in its 35-year history, and Toyota brand's projected 13th consecutive year as the number one retail brand.

Key milestones include Camry remaining America's top passenger car for the 23rd consecutive year, RAV4 maintaining its position as best-selling SUV for the 8th consecutive year, and Tacoma leading the small pickup segment for the 20th consecutive year. TMNA plans to introduce approximately 24 new, refreshed, or special edition vehicles in 2025, alongside the launch of battery production at their new $13.9 billion North Carolina facility.

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Toyota (NYSE:TM) has been selected to receive $4.5 million in federal funding from the U.S. Department of Energy's ARPA-E program. The funding will support the development of technology for a circular domestic supply chain for electric vehicle batteries. The project, administered by Toyota's TRINA division, focuses on creating an autonomous robotic disassembly process for battery pack circularity.

The initiative aims to develop a template for a 3R (Reduce, Reuse, Recycle) facility, addressing key bottlenecks in battery supply chain circularity through automated pack disassembly, data-driven battery classification, and cell degradation solutions. The project involves collaboration with Oak Ridge National Laboratory, National Renewable Energy Laboratory, and Baker Hughes' Waygate Technologies.

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Toyota announces significant updates for the 2025 bZ4X electric vehicle, featuring a major price reduction of up to $6,000 on the XLE grade and $5,380 on the grade. The new starting MSRP is $37,070 for the XLE FWD model. The lineup introduces a new Nightshade edition, making it Toyota's first-ever Nightshade BEV, featuring black 20-inch wheels and distinctive styling elements.

The bZ4X offers EPA-estimated ranges of up to 252 miles for XLE FWD models and 228 miles for XLE AWD versions. Enhanced features include Traffic Jam Assist, Lane Change Assist, and Front Cross-Traffic Alert on the grade. All models come with a dual voltage charging cable and one year of complimentary charging through EVgo's network.

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Toyota has announced a $922 million investment to build an advanced paint facility at its Kentucky plant, scheduled to open in 2027. The new facility will add 1 million square feet of capacity while reducing carbon emissions by 30% and water usage by 1.5 million gallons annually. This investment follows a $1.3 billion announcement earlier this year for an all-new electric SUV production.

The Kentucky plant, employing approximately 10,000 people, has received over $11 billion in investments since 1986. The new paint facility will improve operational efficiencies, reduce environmental impacts, and enhance vehicle finish quality, supporting Toyota's goal to achieve zero carbon emissions by 2050. Since 2020, Toyota has invested more than $20 billion in U.S. manufacturing operations to support electrification efforts.

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Toyota Certified Used Vehicles (TCUV) has achieved a historic milestone by becoming the first-ever certified pre-owned program to reach 8 million sales. The milestone sale occurred at Sheehy Toyota of Laurel with a 2024 Toyota Camry in Supersonic Red. To commemorate this achievement, Toyota Motor North America (TMNA) presented the customer with a full refund of the purchase price and made a $10,000 donation to Active Minds in their name.

TCUV, launched in 1996, has been the nation's leading certified pre-owned program for 16 consecutive years. The program requires vehicles to pass a 160-point quality assurance inspection and offers comprehensive warranties including a 12-month/12,000-mile comprehensive warranty and seven-year/100,000-mile powertrain warranty. In 2024, TCUV introduced Silver Certification for eligible vehicles up to 10 model years old with 60,000-125,000 miles.

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Toyota unveils the all-new 2025 4Runner, starting at $40,770 (plus $1,450 DPH), arriving at dealerships in early 2025. The 6th generation model introduces two powertrain options: the standard i-FORCE 2.4-liter turbo with 278 horsepower and 317 lb.-ft. of torque, and the i-FORCE MAX hybrid producing 326 horsepower and 465 lb.-ft. of torque.

The new lineup features nine grades, including first-ever Trailhunter and Platinum grades. Notable features include a 6,000-pound towing capacity, available 14-inch touchscreen display, and Toyota Safety Sense 3.0 standard on all models. The vehicle offers multiple drive configurations including 2-Wheel, part-time 4-Wheel, and Full-time 4-Wheel Drive.

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Toyota has launched its holiday advertising campaign featuring two new commercials: 'Real Reward' and 'Naughty List,' which debuted during NBCUniversal's 'Christmas in Rockefeller Center' broadcasts. 'Real Reward' showcases a couple helping return a lost dog using their 2025 Tacoma, while 'Naughty List' features a father-son story in a 2024 Tundra.

The company is partnering with Best Friends Animal Society to support nationwide shelter animal adoption efforts. The campaign will run across multiple platforms including NBC, Telemundo, and various digital channels through January 6, 2025, as part of the Toyotathon December Sales Event.

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Toyota Motor North America has released its 2024 North American Environmental Sustainability Report, highlighting significant progress across four priority areas. The report shows that 77% of Toyota and Lexus models now have electrified options, with a 14% reduction in operations-related greenhouse gas emissions versus FY2019. Notable achievements include a 6.8% decrease in water usage per vehicle, 93% waste recycling rate, and development of 4,094.5 additional acres of pollinator habitat.

The report outlines Toyota's environmental strategy aligned with UN SDGs and Challenge 2050, focusing on Carbon, Water, Circular Economy, and Biodiversity initiatives. The company operates 14 manufacturing plants in North America, employing nearly 64,000 people, and plans to begin automotive battery production in North Carolina by 2025.

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Toyota showcases its diverse vehicle lineup at SEMA 2024 in Las Vegas, featuring unique specialty builds and enhanced models with Toyota Associated Accessory Products (AAP). The exhibit includes several concept vehicles like the 4Runner TRD Surf Concept, CALTY Land Cruiser ROX, GR86 Rally Legacy Concept, and Ultimate Tailgate Tundra. A highlight is the new TRD Forged Billet Upper Control Arm Kit for Toyota 4Runner and FJ Cruiser models. The display demonstrates Toyota's commitment to performance and adventure across different lifestyle segments, from off-roading and overlanding to camping and track experiences.

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FAQ

What is the current stock price of Toyota Motor Corporation American Depositary Shares (Each representing ten Ordinary Shares) (TM)?

The current stock price of Toyota Motor Corporation American Depositary Shares (Each representing ten Ordinary Shares) (TM) is $195.25 as of January 3, 2025.

What is the market cap of Toyota Motor Corporation American Depositary Shares (Each representing ten Ordinary Shares) (TM)?

The market cap of Toyota Motor Corporation American Depositary Shares (Each representing ten Ordinary Shares) (TM) is approximately 253.2B.

What brands does Toyota Motor Corporation own?

Toyota Motor Corporation owns Toyota, Lexus, Daihatsu, and Hino truck brands.

How many vehicles does Toyota produce annually?

Toyota produces approximately 10 million vehicles annually.

What types of electrified vehicles does Toyota offer?

Toyota offers Hybrid Electric Vehicles (HEVs), Plug-In Hybrid Electric Vehicles (PHEVs), Fuel Cell Electric Vehicles (FCEVs), and Battery Electric Vehicles (BEVs).

What were Toyota Motor North America's March 2024 sales figures?

Toyota Motor North America reported March 2024 U.S. sales of 214,894 vehicles, up 21.8% compared to March 2023.

What recent investments has Toyota made in the U.S.?

Toyota has invested $1.4 billion in its Princeton facility for a new three-row battery electric SUV and $1.3 billion in Toyota Kentucky for another BEV model.

What is Toyota’s 'Empact' vision?

Toyota's 'Empact' vision aims to address equitable EV charging and mobility for all, ensuring underserved communities have access to EV infrastructure.

What is the purpose of Toyota’s Collaborative Safety Research Center (CSRC)?

CSRC focuses on research projects to better understand driver behavior, crash avoidance, and crash injury mitigation.

What is the significance of Toyota’s North American Hydrogen Headquarters?

The facility in Gardena, California, will advance hydrogen fuel cell technology and support the commercialization of hydrogen-related products.

How is Toyota involved in battery recycling?

Toyota is partnering with the U.S. Department of Energy’s Argonne National Laboratory to develop a direct recycling process for lithium-ion batteries.

Where can I find more information about Toyota?

More information about Toyota can be found at www.ToyotaNewsroom.com.
Toyota Motor Corporation American Depositary Shares (Each representing ten Ordinary Shares)

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