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 leads the automotive industry for the 10th consecutive year by securing 2,667 patents in 2023, showcasing innovations in areas like vehicle seat technology, carbon fiber composites, and in-vehicle wireless power systems.
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Toyota USA Foundation announces grants of $9.3 million for STEM programs in Chandler and Tempe, focusing on career readiness and community engagement. The initiative aims to close educational gaps, provide hands-on STEM programming, and support essential needs of students and families.
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The legendary Land Cruiser nameplate returns to the U.S. with the 2024 model featuring the i-FORCE MAX hybrid powertrain, producing 326 hp and 465 lb.-ft. of torque. The vehicle offers rugged heritage-inspired design elements, full-time four-wheel drive with locking differentials, and advanced off-road features. Starting at $55,950, the Land Cruiser is built on the TNGA-F platform, providing premium comfort, improved capability, and towing capacity of up to 6,000 pounds. Toyota Safety Sense 3.0 is standard, including features like Pre-Collision System, Lane Departure Alert, and Full-Speed Range Dynamic Radar Cruise Control. The Land Cruiser is also part of Toyota's Beyond Zero lineup, offering a carbon-neutral hybrid option.
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Toyota Motor Corporation (TM) plans to invest $1.3 billion in expanding electric vehicle production in Kentucky, amidst a backdrop of $13.75 billion worth of Industrial Manufacturing projects.
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Toyota Motor North America (TMNA) announces executive changes to drive growth, focus on electrification, and prepare for mobility. Promotions include Kevin Voelkel to senior vice president, overseeing North American vehicle production, and Susann Kazunas as plant president of TMMTX. Brian Krinock, senior vice president of vehicle plants, retires.
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Toyota Motor North America (TMNA) showcased the all-new 2024 Tacoma in a 30-second Super Bowl LVIII ad, 'Dareful Handle,' highlighting its off-roading capabilities. The ad was directed by Tarsem Singh and features an exciting range of off-road adventures. Toyota leveraged its partnership with the NFL and the power of its product to create a captivating and adrenaline-pumping spot.
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Toyota Motor North America and Toyota Financial Services are contributing to recovery efforts in California by supporting The American Red Cross and SBP. They are also matching employee donations to eligible nonprofits and offering payment relief options to affected customers. The relief options include extensions, deferred payments, redirecting billing statements, and arranging phone or online payments.
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Toyota announced a $1.3 billion investment at its Kentucky facility for future electrification efforts, reinforcing its commitment to high-quality vehicles and long-term job stability. The project includes assembly of a new battery electric SUV for the U.S. market, bringing the total plant investment to nearly $10 billion. Toyota also plans to add a battery pack assembly line to the facility, with batteries supplied by Toyota Battery Manufacturing North Carolina. The company has invested over $17 billion in U.S. manufacturing operations since 2021 to support electrification efforts.
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Toyota Motor North America announces the launch of the all-new 2024 Tacoma, featuring exciting new i-FORCE and i-FORCE MAX powertrains, rugged capabilities, and modern technology. The 'More Power for More Play' campaign highlights the redesigned truck's enhanced features and capabilities, with a fully integrated marketing approach inclusive of multicultural and mainstream markets.
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Toyota Motor North America (TMNA) unveiled a series of announcements and experiences as part of its first Super Bowl activation as the Official Automotive Partner of the NFL. The company will showcase the all-new 2024 Tacoma through advertising, live content, and fan experiences. Eli Manning and Brock Purdy have been named as national partners, expanding Toyota's existing relationship with Manning. Toyota will feature a 30-second commercial within the Super Bowl LVIII game broadcast on CBS and serve as lead sponsor of 'Super Bowl Experience presented by Toyota,' an immersive fan festival. The brand will also host a fan game, 'Toyota's 4 Down Territory,' and become a top content creator at the NFL's Media Center. Toyota will stage a panel discussion on the past, present, and future of Latino influence on football and partner with Frito-Lay to bring an immersive fan experience at the Frito-Lay Chip Strip in Las Vegas.
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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 $171.81 as of November 1, 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 228.2B.
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)
NYSE:TM
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TM Stock Data
228.18B
15.79B
1.62%
0.06%
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