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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.

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Toyota Motor North America announces executive changes to its marketing operations. Michael Tripp is promoted to group vice president, Toyota division Marketing, replacing Lisa Materazzo. Tripp will be responsible for all Toyota division advertising, merchandising, media, incentives, analytics, and motorsports. Joe Moses is promoted to vice president, Vehicle Marketing and Communications, replacing Michael Tripp.
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Toyota introduces the reimagined Toyota Crown sedan with bold styling, premium comfort, and an elevated ride height. The sedan offers three grades: XLE, Limited, and Platinum, all with standard AWD. It comes with two hybrid powertrain options: Hybrid MAX and Toyota Hybrid System. The Hybrid MAX system delivers 340 HP and 400 lb-ft. of torque. The XLE and Limited grades are equipped with the Toyota Hybrid System, offering an EPA-estimated 41 MPG combined city/highway rating. The Toyota Crown is built on Toyota's GA-K platform and features a spacious cabin with advanced technology and entertainment options. The Platinum grade includes additional features like Adaptive Variable Suspension and Advanced Park. All Crown grades come with Toyota Safety Sense 3.0 standard. The Toyota Crown is available in various colors and offers a unique bi-tone paint option on the Platinum grade. Toyota has expanded its hybrid lineup with the Toyota Crown, bringing the total number of Toyota electrified vehicles to 16.
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Toyota signs multi-year sponsorship deal with the NFL
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Toyota's design studio CALTY celebrates five decades of groundbreaking design and innovation. They have revealed the Toyota Baby Lunar Cruiser (BLC) concept, inspired by the FJ40 Land Cruiser and designed for rugged terrain on Earth and beyond. CALTY has a history of creating thought-provoking concepts and has contributed significantly to Toyota's production vehicles. They continue to lead the industry with innovative designs and are committed to embracing new technology while staying true to the brand's heritage DNA.
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LG Energy Solution and Toyota Motor North America have signed a supply agreement for lithium-ion battery modules to be used in Toyota's battery electric vehicles (BEVs) assembled in the United States. LG Energy Solution will supply automotive battery modules at an annual capacity of 20GWh starting from 2025. The agreement will support Toyota's goal of offering 30 BEV models globally and producing up to 3.5 million BEVs annually by 2030. LG Energy Solution will invest approximately USD 3 billion in its Michigan facility to establish new production lines exclusively for Toyota.
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Toyota Motor North America reports strong sales performance in September 2023, with a 13.9% increase in volume and a 9.5% increase in daily selling rate compared to September 2022. Electrified vehicle sales accounted for 31.5% of total monthly sales. Year-to-date electrified vehicle sales reached 455,142, representing 27.9% of total volume. Toyota division saw a 12.9% increase in September sales, while Lexus division experienced a 20.9% increase. The introduction of new electrified vehicle options, including the Lexus RX plug-in hybrid, is expected to drive continued sales momentum.
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Toyota Motor North America announces that it will have six teams competing in the 2023 Rebelle Rally, double the number of participants from last year. The teams will showcase driving and navigating prowess in the event, representing the company's commitment to excellence. Toyota is once again a presenting sponsor of Rebelle Rally's Live Webcast. The webcast will offer live updates, interviews, and insights from checkpoints along the way.
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Toyota unveils premium special edition Tundra 1794 Limited Edition at State Fair of Texas, featuring enhanced off-road capability, unique ultra-premium leather interior, and exclusive design elements. Only 1,500 units will be built. Standard i-FORCE MAX powertrain produces 437 hp, 583 lb.-ft. Available in dealerships spring 2024.
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The 2024 Toyota Highlander Hybrid introduces a new Nightshade Edition with blackout treatment to the wheels and exterior accents. It offers up to a remarkable 36 combined MPG rating. The hands-free power liftgate is now standard on certain grades. Toyota is committed to carbon neutrality with 16 electrified vehicles available. The Highlander Hybrid comes in six different grades and can seat up to eight. The gas models have a 2.4L turbocharged engine. The Highlander Hybrid has a total system horsepower of 243 and a towing capacity of up to 3,500 pounds. It offers selectable driving modes and regenerative braking. The gas models have a 2.4L turbocharged engine with 265 horsepower and 310 lb.-ft of torque. They can tow up to 5,000 pounds.
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Toyota introduces the Corolla Cross Hybrid Nightshade Edition for 2024, featuring unique style and exclusive accessories. The hybrid model offers 196 net system horsepower and an estimated 42 combined MPG. The SE and XSE models also receive an update to their wireless charger. The Corolla Cross Hybrid lineup is expected to arrive at Toyota Dealerships this winter.
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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 $171.81 as of November 1, 2024.

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 228.2B.

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)

NYSE:TM

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228.18B
15.79B
1.62%
0.06%
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