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

Toyota has unveiled the upgraded 2023 Corolla Hybrid, now featuring five model grades and a new starting MSRP that is $1,250 lower than the previous year. Key enhancements include a more powerful hybrid system, increasing output to 134 hp and 156 lb-ft torque, and optional Electronic On-Demand All-Wheel Drive. The vehicle also receives updated safety technology with Toyota Safety Sense 3.0 and a standard 8-inch multimedia system. Noteworthy aesthetic improvements and a special Infrared Edition further enrich the model lineup.

The 2023 Toyota Corolla Hatchback features significant upgrades, including the new Toyota Safety Sense 3.0 system, enhancing safety with technologies like Obstacle Anticipation Assist. The model now boasts an 8-inch touchscreen multimedia system, standard JBL audio on the XSE grade, and improved exterior styling. New vibrant colors are introduced, and enhanced comfort features are included, such as wireless charging and multiple USB-C ports. The dynamic 2.0-liter engine delivers 169 horsepower with impressive fuel efficiency, making it a practical choice for drivers seeking performance and style.

Toyota has launched two marketing campaigns for the first-ever 2023 GR Corolla, titled "Rally Ready" and "Race Cars for the Real World". These campaigns aim to connect driving enthusiasts with the Gazoo Racing legacy, featuring the GR Corolla alongside the GR86 and GR Supra. Key features of the GR Corolla include a 1.6L turbo engine delivering 300 hp and a starting MSRP of $35,900. The campaigns utilize an integrated marketing approach across various digital and traditional media channels.

Leah Curry, President of Toyota Indiana, has been inducted into the 2022 Women in Manufacturing Hall of Fame in Atlanta, recognizing her substantial contributions to the manufacturing sector. This accolade highlights her efforts to inspire and promote women in manufacturing and follows similar recognitions for other Toyota leaders. The Hall of Fame, established in 2019 by the Women in Manufacturing Association, honors women who have significantly advanced the industry. Curry emphasizes the importance of early STEM education for women pursuing careers in manufacturing.

Toyota and Google Cloud announced an advanced partnership to integrate AI-driven speech services into Toyota and Lexus vehicles. The latest multimedia systems, set for 2023 models, will utilize Google Cloud's Speech On-Device, enabling voice recognition without internet connectivity. This innovative technology enhances the in-vehicle experience, delivering faster and more reliable voice interactions. The collaboration reflects years of joint development, aiming to refine how these technologies work together for better driver experiences.

Toyota has launched the "Live Legendary" campaign for the all-new 2023 Sequoia, urging drivers to create memorable experiences. The campaign highlights the Sequoia's powerful features, such as the i-FORCE MAX Twin Turbo V6 hybrid powertrain, which delivers 437 horsepower and 583 lb.-ft. of torque. Starting at $58,300, the redesign offers spaciousness and versatility for families. The campaign will feature placements across various media, including sports programming and digital platforms, aiming to reach a broad audience.

Toyota introduces the 2023 Highlander featuring a new turbocharged engine delivering 265 horsepower and 310 lb-ft of torque, enhancing performance by 17% over the prior V6 model. The turbo engine also improves fuel efficiency, achieving up to 25 MPG combined and over 50% reduction in NOx and NMOG emissions. Highlander models provide additional amenities, including larger multimedia touchscreens and advanced all-wheel-drive options. The Highlander Hybrid variant boasts a remarkable 36 MPG EPA-estimated rating. Starting MSRP for gas models is $36,420, with hybrid models beginning at $40,220.

Toyota Motor North America (TMNA) reported U.S. vehicle sales of 179,050 in September 2022, a 17.1% increase from September 2021. Electrified vehicle sales reached 35,419, making up nearly 20% of total sales. For Q3 2022, TMNA's total sales were 526,017, down 7.1%. The Toyota division saw a rise of 20.8% in September, while Lexus division sales fell by 4.3%. Electrified vehicle options are expanding, with 21 models available. Key highlights include significant increases in Corolla, Camry, and RAV4 sales, alongside declines in hybrid sales for certain models.

Toyota has announced an extension of trial periods for its Safety Connect and Service Connect services, now available for up to 10 years on select 2023 models, including the 2022 Tundra. These services enhance driver safety by providing 24-hour emergency assistance, roadside support, automatic collision notifications, and stolen vehicle locator. Additionally, Service Connect offers maintenance reminders and vehicle health reports. The extended trials are available at no extra cost, aiming to provide Toyota owners with greater peace of mind on the road.