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.
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.
Toyota launched the Clean Assist program in California, enabling eligible Prius Prime and RAV4 Prime owners to charge their vehicles with 100% renewable energy at no cost. Through the Toyota App, users can track their electricity usage, and Toyota will match it with California-sourced Renewable Energy Certificates (RECs). This initiative supports California's goal of reducing GHG emissions and facilitates the generation of LCFS credits to promote further electrification. Toyota has a significant presence in the U.S., employing over 36,000 people and manufacturing more than 30 million vehicles.
Toyota's 2021 Supra 3.0 Premium has been awarded the Performance Vehicle of Texas at the Texas Auto Roundup. The car boasts a robust 384 horsepower and can accelerate from 0-60 mph in just 3.9 seconds. With its enhanced safety features, including a Driver's Assist Safety Package, it impressed journalists at the event, which included evaluations of 35 vehicles. This model continues Toyota's legacy in automotive excellence, offering superior performance, agility, and a striking design.
On May 18, 2021, Toyota announced the upcoming launch of the next-generation 2022 Toyota Tundra, showcasing its commitment to innovation in the truck segment. The company emphasizes its longstanding presence in North America, with over 60 years of operation, 14 manufacturing plants, and a workforce exceeding 47,000. In 2018, Toyota sold 2.8 million vehicles across North America, highlighting its significant market impact. For more details on the Tundra, visit their website.
On May 17, 2021, Intertrend announced its latest campaign, Make Noise Today: Recipe for Change, featuring chef Eddie Huang and other notable chefs. This initiative aims to support Asian American chefs during COVID-19 by providing meals to essential workers and impacted communities in New York, Los Angeles, and San Francisco. The campaign includes a series of videos that showcase the chefs' stories and their connection to food, and aligns with Toyota's commitment to the AAPI community, highlighted by a $1 million donation to support local organizations.
Toyota announces a groundbreaking commitment of nearly $5 million to support Team USA's Paralympic athletes as they prepare for the Tokyo 2020 and Beijing 2022 Games. This funding includes a $3,000 stipend for eligible athletes and sponsorship opportunities for those selected for the U.S. Paralympic Team. By partnering with the USOPC, Toyota aims to enhance awareness and support for Paralympic athletes, showcasing their achievements on a global platform. This initiative reflects Toyota's commitment to mobility and inclusivity.
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