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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 (TM) will launch three new electrified models in the U.S. market in 2021, including two battery electric vehicles (BEVs) and one plug-in hybrid electric vehicle (PHEV). With a 40% market share in alternative fuel vehicles, Toyota aims for 25% of new vehicle sales to be electrified by 2025, increasing to nearly 70% by 2030. They emphasize customer choices in powertrains and have made significant strides in reducing greenhouse gas emissions. Furthermore, they are developing a dedicated BEV platform called e-TNGA to support their environmental commitments.

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Toyota Motor North America (TM) celebrates a major milestone with the production of its 30 millionth U.S.-assembled vehicle at the Indiana plant, specifically the all-new 2021 Toyota Sienna minivan. This achievement underscores Toyota's long-standing commitment to U.S. operations, which date back to 1986. The company pledged $13 billion in investments from 2017 to 2021, creating over 6,500 jobs and enhancing production capabilities. With nearly 4 million alternative-powered vehicles sold, TM has led in this market for 21 years, showcasing a steady increase in hybrid sales.

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Toyota was awarded the most patents among automakers in 2020, securing a total of 2,819 patents, a 4% increase from 2019. This achievement underscores Toyota's commitment to innovation as it transitions into a mobility company. Since 2003, the company has received over 1,400 patents related to autonomous vehicle technology, with more than $1 million invested in emerging technology every hour globally. Over $1 billion has been allocated to R&D for automated vehicles and robotics since 2017, highlighting Toyota's robust research and development pipeline.

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Toyota Motor North America (TM) will air a 60-second ad titled "Upstream" during the Big Game, featuring U.S. Paralympian Jessica Long. The ad highlights Long's inspiring journey, emphasizing themes of hope and resilience. It showcases her upbringing and achievements in swimming, reflecting Toyota's commitment to athletes. Alongside the ad, a five-second message will promote social responsibility and adherence to CDC COVID-19 guidelines. This campaign aligns with Toyota's values and aims to inspire viewers while enhancing community awareness.

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On February 2, 2021, Toyota and local partners launched the Lil' Abundance campaign to combat childhood food insecurity in Philadelphia, where over 32% of children face hunger. The initiative aims to provide over 345,000 meals through Philabundance's BackPack Program, which delivers 24 meals per backpack to children in need. The program has pivoted to distribute food via community centers due to COVID-19. With increased demand and a 60% rise in food insecurity, this campaign is crucial for supporting children and their families in the area.

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Toyota Motor North America (TM) launched the enhanced SmartPath retail experience, providing customers with flexible options for purchasing vehicles online or in-store. Initially piloted in 2019, SmartPath integrates dealership services with online capabilities, allowing customers to complete their car buying journey seamlessly. The platform responds to rising demand for digital transactions, accelerated by COVID-19. Over 50 dealerships are already implementing SmartPath, with plans for additional launches throughout 2021, enhancing customer transparency and control over the purchasing process.

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Toyota Motor North America (TM) reported December 2020 sales of 249,601 vehicles, marking a 20.4% increase year-over-year. Total sales for 2020 were 2,112,941 vehicles, down 11.3% compared to 2019. The Toyota division sold 211,378 vehicles in December, a 22.9% increase, while Lexus division sales rose 8.2% to 38,223 vehicles. Notably, hybrid sales surged 82.8% in December, totaling 50,649 vehicles, and represented nearly 16% of TM's annual sales. Despite year-over-year declines, the company showcased record sales in hybrids and several models.

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Toyota revealed two exciting vehicles for the 2021 Specialty Equipment Market Association (SEMA) event: the 2021 GR Supra Sport Top and the TRD-Sport Trailer. The Sport Top honors the legacy of the MKIV Supra with a removable roof and enhanced structural integrity. Meanwhile, the TRD-Sport Trailer, designed for overlanding, features a remote-operated scissor-lift, tent, and multiple amenities for outdoor adventures. These new creations follow the unveiling of four vehicles in a previous showcase in November, maintaining Toyota's engagement with automotive enthusiasts.

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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 $174.4 as of November 22, 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 228.8B.

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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