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.
Toyota's (NYSE:TM) fourth-generation Tacoma has been named Truck of Texas by the Texas Auto Writers Association (TAWA), marking the first time a midsize pickup has won this prestigious award. This achievement follows Toyota's success with the Tundra winning in 2022 and 2024.
The new Tacoma features two new powertrains, including the i-FORCE MAX hybrid powertrain delivering up to 326 horsepower and 465 lb.-ft. of torque, representing a 75% torque increase from the previous V-6 model. The vehicle offers 11 unique grades and includes innovative features like the segment-first IsoDynamic Performance Seat in the TRD Pro model.
The Tacoma was designed in California, engineered in Ann Arbor, and is assembled for North America. The vehicle also received additional awards including Midsize Truck of Texas, while Toyota's Wireless Trailer Camera and Safety Sense 3.0 won technical awards.
The Lexus GX 550 has been named SUV of Texas by the Texas Auto Writers Association (TAWA) at their 31st annual Texas Truck Rodeo. The third-generation luxury utility vehicle features a twin-turbocharged 3.4L V6 engine producing 349 horsepower and 479 lb.-ft. of torque, surpassing its predecessor's performance while achieving an improved 21 MPG highway fuel economy.
The 2024 GX is available in six grades: Premium, Premium+, Luxury, Luxury+, and the new Overtrail and Overtrail+ variants. All models come with standard Full-Time 4WD, while the Overtrail grades feature 33-inch All-Terrain tires. The model also received awards for Midsize SUV of Texas, while Toyota's Wireless Trailer Camera and Safety Sense 3.0/Lexus Safety System+ 3.0 won technical awards.
Toyota (NYSE:TM) has launched 'You Can't Stop My Drive,' a new national brand campaign targeting Black men, focusing on mobility as a transformative force. The campaign features notable personalities including NBA star Damian Lillard, GR Cup racer Westin Workman, and fashion influencer Devan on Deck.
The initiative aims to reshape Toyota's perception among Black males and engage younger buyers by presenting mobility as more than transportation. The campaign highlights Toyota's commitment to the Black community and features various content formats across different platforms.
Toyota's presence in the U.S. includes nearly 1,500 dealerships, nine manufacturing plants, and over 49,000 direct employees. The company plans to open its 10th plant in North Carolina by 2025 for manufacturing automotive batteries. Toyota currently offers 29 electrified vehicle options, maintaining its position as the automaker with the most electrified vehicles on the road.
Toyota Motor North America (TMNA) announced its activations for the 2025 Pro Bowl Games in Orlando and Super Bowl LIX in New Orleans. As the NFL's Official Automotive Partner, Toyota will host several key events including:
- The first-ever HBCU flag football tournament at Pro Bowl Games featuring 250+ athletes
- The 'Toyota Glow Up Classic' in New Orleans' 18th Ward, featuring UV-reactive equipment and permanent field lighting installation
- An AR experience called 'Ride Shotgun' at Super Bowl Experience, featuring Team Toyota athletes
Toyota serves as presenting sponsor for NFL FLAG, supporting 1,800 local leagues and 750,000 youth athletes through its 1,200 U.S. dealers. The company will showcase its 2025 vehicle lineup including the Tacoma TRD Pro Hybrid, Sequoia Capstone, Tailgate Tundra, and 4Runner TRD Pro throughout these events.
Toyota Motor announced the completion of Phase 1 construction of Toyota Woven City, its mobility test course, with an official launch planned for fall 2025. Located in Susono City, Japan, Phase 1 construction was completed in October 2024 on a 50,000 sq. m site.
The project earned Japan's first LEED for Communities Platinum certification for its environmentally conscious design. The facility will host 'Inventors' - including Toyota Group companies and external partners - to develop and test innovative products and services. Several major companies including Daikin Industries, DyDo DRINCO, and NISSIN FOOD PRODUCTS are confirmed as inventors.
Initially, approximately 100 residents, primarily Toyota staff and families, will participate as 'Weavers' in co-creation activities. Phase 1 is projected to accommodate around 360 residents, with plans to expand to 2,000 residents in future phases. Public participation is expected to begin in FY2026.
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.
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.
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.
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.
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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