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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

The all-new 2022 Toyota Tundra Capstone, debuting this spring, introduces a premium truck experience with luxurious features. Highlights include 22-inch chrome wheels, semi-aniline leather seats, and a 14-inch multimedia touchscreen. Powered by the i-FORCE MAX hybrid powertrain, it boasts 437 horsepower and a towing capacity of 10,340 pounds. The Tundra Capstone also features advanced safety systems, including Toyota Safety Sense 2.5. It combines luxury with performance and is designed to elevate the full-sized truck segment.

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The 2022 Toyota Corolla Cross is officially launched in the U.S. with the 'Just Right' campaign, designed to showcase its versatility and capabilities. The campaign emphasizes joyful moments in life while promoting the compact SUV's features such as spacious cargo, AWD capabilities, and a stylish design. Developed through the Total Toyota marketing model, it targets diverse audiences through TV, digital platforms, and social media. The Corolla Cross, manufactured in Alabama, offers impressive specifications: 169 hp, up to 32 mpg, and a cargo capacity of 26.5 cu. ft.

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Toyota Motor North America (TMNA) reported a decrease in December 2021 U.S. sales, totaling 174,115 vehicles, down 30.2% year-over-year. However, 2021 overall sales rose 10.4% to 2,332,262 vehicles. The Toyota division saw a 29.0% drop in December to 150,072 vehicles but recorded a 10.3% increase for the year. Lexus division sales fell 37.1% in December to 24,043 vehicles while increasing by 10.7% for the year. TMNA highlighted its number one EPV sales position for 22 consecutive years, with new investments of nearly $3 billion into U.S. manufacturing.

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The 2022 Toyota GR86 campaign "FasterClass" launched on January 4, 2022, showcasing the next-generation sports coupe engineered for performance enthusiasts. Developed with a focus on multicultural marketing, the campaign integrates digital, social, and print media to emphasize the vehicle's track-ready capabilities. Key features include a 2.4L engine, improved torque, and a starting MSRP of $27,700. Collaborations with notable racing figures and cultural references highlight the GR86's heritage, positioning it as an accessible sports car for everyday driving.

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The Toyota Arizona Proving Grounds (TAPG) has launched the Arizona Mobility Test Center (AMTC), expanding its availability for industry vehicle testing. Operated by Intertek Transportation Technologies under a multi-year agreement, AMTC will support various automotive companies while Toyota maintains its testing operations. This initiative aims to generate additional revenue for continuous facility improvements. Located in Wittman, Arizona, AMTC encompasses 11,650 acres and offers extensive testing surfaces. Toyota also commits to community support through donations for STEM education and food security programs.

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Toyota is committed to sustainable development and aims for carbon neutrality by 2050 as outlined in its 2021 North American Environmental Report. Key initiatives include expanding vehicle electrification with the launch of the Toyota bZ4X SUV, entering a power purchase agreement for renewable energy, and significant water conservation efforts. The report highlights a recycling rate of 93.2% and financial contributions to environmental projects, such as a $150,000 donation to the World Wildlife Fund. These actions are part of Toyota's long-term environmental strategy and commitment to reducing its carbon footprint.

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Toyota North America announced key executive changes effective January 2022, aimed at supporting its mobility strategy. Promotions include Srini Matam as group vice president of Powertrain, David Rosier as president of Toyota Motor Manufacturing, West Virginia, and Scott Cooke as chief financial officer of Toyota Financial Services. John Tinney will retire after 17 years. The company continues to lead in electrified vehicles and has made a $1.29 billion investment in a new battery manufacturing plant in North Carolina, reinforcing its commitment to sustainable mobility.

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On December 6, 2021, Governor Roy Cooper and Mayor Filmore York announced that Toyota Motor North America will establish a $1.29 billion automotive battery manufacturing plant at the Greensboro-Randolph Megasite in North Carolina. The facility, named Toyota Battery Manufacturing, North Carolina (TBMNC), is set to begin operations in 2025 with four production lines, eventually expanding to six, capable of producing batteries for up to 1.2 million vehicles annually. This project is expected to create 1,750 jobs and is part of Toyota's broader goal of achieving carbon neutrality by 2050.

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The production of the all-new 2022 Toyota Tundra has officially commenced at Toyota Motor Manufacturing Texas. This marks a significant milestone as the first major model change since 2006, with a focus on advanced capabilities and hybrid technology. An investment of $391 million supports the production, bringing total investments to over $3.1 billion. The Tundra's production capacity is set at 208,000 vehicles annually. Additionally, Toyota has committed $650,000 in community donations to enhance local access to transportation and education.

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Toyota celebrates the holiday season with its new ad campaign featuring two commercials: "Bookstore" and "Nora's Joy." The first, airing during NBC's "Christmas in Rockefeller Center," tells a touching story of community support for a local bookstore after a fire. The second ad, set to premiere on December 11, highlights a woman's joy in sharing and spreading happiness while driving her Toyota Tacoma. Toyota is also partnering with the National Center for Families Learning to distribute over 85,000 books and is encouraging social media sharing to support the Hispanic Scholarship Fund.

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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 $183.47 as of January 10, 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 240.3B.

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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