Welcome to our dedicated page for Toyota Motor news (Ticker: TM), a resource for investors and traders seeking the latest updates and insights on Toyota Motor 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 has launched the GR Supra A91-CF Edition, a limited-run model with just 600 units available, showcasing 382 horsepower from its turbocharged 3.0-liter engine and a zero-to-60 time of 3.9 seconds. This special edition features carbon fiber accents, a duckbill spoiler, and enhanced aerodynamic components for improved performance. The car includes an exclusive interior design and comes with a complimentary one-year membership to the National Auto Sport Association. Pricing will be announced later, with availability expected this fall.
The all-new 2022 Toyota GR 86, revealed on June 2, 2021, enhances Toyota's sportscar lineage with improved handling, aerodynamics, and increased power. The 2.4L boxer engine boosts horsepower from 205 to 228 and torque from 156 to 184 lb-ft. With a curb weight of just over 2,800 lbs, it features a refined design for agility and responsiveness. The GR 86 accelerates from 0 to 60 in 6.1 seconds (MT) and 6.6 seconds (AT). Interior upgrades include a digital display and enhanced seating. Pricing will be announced later this year, with sales expected to begin soon.
On June 2, 2021, Toyota unveiled the all-new 2022 Corolla Cross, expanding its Corolla lineup with a compact crossover. Leveraging the TNGA-C platform, it features a 169-horsepower, 2.0-liter Dynamic Force Engine, with options for front-wheel and all-wheel drive. The Corolla Cross offers a spacious interior, advanced technology, and a suite of safety features including Toyota Safety Sense. Estimated fuel economy is 32 MPG for FWD and 30 MPG for AWD. With its emphasis on versatility and performance, the Corolla Cross aims to meet evolving consumer demands.
The Toyota bZ4X Concept made its North American debut at Toyota Motor North America's headquarters on June 2, 2021. This battery-electric vehicle (BEV) marks a significant step in Toyota's electrification strategy, featuring a new e-TNGA BEV-dedicated platform. The SUV aims to provide a unique driving experience with ample interior space and advanced technology. Toyota plans to expand its electrified offerings to 70 models globally by 2025, including 15 dedicated BEVs. Production details for the bZ4X will be released later this year, with sales expected to begin in 2022.
On June 2, 2021, Toyota unveiled the next-generation Tacoma TRD Pro, designed for enhanced off-road performance. Key upgrades include a 1.5-inch front lift and 0.5-inch rear lift, resulting in improved trail clearance with a 36.4-degree approach angle. New TRD-tuned Fox shocks and upper control arms optimize off-road capabilities. Visual enhancements feature an exclusive Electric Lime Metallic color and redesigned badges. The Tacoma TRD Pro maintains a powerful 3.5-liter V6 engine producing 278 horsepower, complemented by advanced safety features and technology integration for drivers.
The 2022 Toyota Tacoma Trail Edition, returning as a versatile mid-size pickup, enhances off-road capabilities with a 1.1-inch front lift and improved ground clearance. Standard features include a 3.5-liter V6 engine producing 278 horsepower, a maximum towing capacity of 6,400 pounds, and advanced safety systems like Toyota Safety Sense P. The stylish truck offers unique design elements, enhanced storage solutions, and a 120V power outlet. Available in multiple colors, the Tacoma Trail Edition combines functionality and aesthetics to appeal to adventure-seeking drivers.
Toyota Motor North America (TM) has launched the Toyota Data Privacy Portal to enhance data transparency for Toyota and Lexus vehicle owners. This initiative reflects Toyota's commitment to consumer privacy and follows its role in establishing the Automotive Consumer Privacy Protection Principles in 2014. The portal allows users to understand and control their data, including options to share or de-enroll from data sharing. A survey indicated consumers prefer clear, simple privacy communications, which the portal aims to provide. This move aligns with Toyota's transformation into a mobility company.
The 2022 Toyota 4Runner lineup introduces the TRD Sport, enhancing style and on-road performance while retaining off-road capability. This new variant features the Cross-Linked Relative Absorber System (X-REAS) suspension for improved handling, available in 2WD or part-time 4WD configurations. It boasts unique styling cues, including larger 20-inch wheels, and a comfortable interior with SofTex-trimmed heated seats. Powered by a 270-horsepower V6 engine, the 4Runner maintains a towing capacity of 5,000 pounds. All models come equipped with Toyota Safety Sense P, ensuring enhanced driver assistance.
The 2022 Toyota Prius introduces a bold Nightshade special edition, featuring a striking black exterior with enhancements like black accents and unique alloy wheels. Available in FWD and AWD configurations, it boasts impressive fuel efficiency, achieving up to 54 MPG in FWD and 51 MPG in AWD-e models. The interior offers plush SofTex®-trimmed seats, a 7-inch touchscreen, and advanced safety features like Toyota Safety Sense 2.0. With over 6 million units sold since 1997, this edition expands the diverse Prius lineup, promoting environmental sustainability in a stylish package.
Toyota introduces the 2022 Highlander Hybrid Bronze Edition, featuring a distinct design exclusive to the hybrid lineup. This edition includes options for front-wheel drive and all-wheel drive, with unique bronze accents and premium features like hands-free liftgate and rain-sensing wipers. The Highlander Hybrid boasts an estimated 36 combined MPG and retains cargo space due to its compact battery pack. Enhanced warranty coverage includes 10 years/150,000 miles on the hybrid battery. Sales are expected to start later in 2021, with pricing between Hybrid XLE and Limited models.
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