US electric-vehicle tax credits ending for new Toyota buyers
Toyota customers soon won't be able to get U.S. federal tax credits for buying electric or hybrid vehicles.
Japan's Toyota to cut production by between 5%-20% from previous plan
Toyota Motor Corp has told suppliers it will cut domestic production by up to 20% as it faces strains from ongoing chip shortages.
Ford, GM update production around Canadian trucker convoy
Ford and other automakers warned Thursday that the ongoing bridge blockade from Detroit by Canadian truckers protesting COVID-19 mandates could do further damage if it continues
Toyota Motor’s third-quarter net profit falls 5.6% as parts shortage hurts sales
Toyota Motor Corp.’s third-quarter net profit fell 5.6% compared with the same period a year earlier as sales dropped due to the parts shortage caused by the Covid-19 pandemic.
Toyota remains world's biggest car seller, widens lead on VW
Japan's Toyota Motor Co said on Friday its vehicle sales rose by 10.1% last year, making it the world's biggest carmaker for a second straight year and putting it further ahead of its nearest rival, Germany's Volkswagen AG.
Toyota Land Cruiser is sold out for 4 years
Toyota has posted a message to customers in Japan apologizing that the new Land Cruiser SUV is sold out for the next four years.
Toyota cutting production in February due to semiconductor shortage
Toyota is cutting production in February due to the ongoing semiconductor shortage. It expects to build 700,000 during the month, which is 150,000 less than planned.
Toyota 'Rickrolled' everyone during its massive electric vehicle reveal
Toyota pulled a classic prank during its reveal of 15 upcoming electric vehicles by placing a QR Code on one that "Rickrolls" anyone who tries to use it.
Toyota to build record 800,000 vehicles in January
Toyota said it plans to produce 800,000 vehicles in January, which would be an all-time record for the month. The automaker has secured a supply of semiconductor chips to return to near full production.
Lexus going all-electric in Toyota's $70B electrification plan
Toyota will make Lexus an all-electric brand as it spends $70 billion to electrify its vehicle lineups.
GM plans more than $3B for electric-vehicle projects in Michigan
General Motors Co. plans to invest more than $3 billion to make electric vehicles in Michigan, people familiar with the matter said, a potential win for the car maker’s home state after recent commitments of auto projects to Southern states.
Toyota to build $1.29B battery manufacturing plant in North Carolina
Toyota Battery Manufacturing North America will have four production lines, each capable of delivering enough lithium-ion batteries for 200,000 hybrid and electric vehicles. The automaker plans to expand the facility to at least six production lines to produce enough battery packs for up to 1.2 million vehicles per year.
Toyota recalls Camrys over brake-assist problems
Toyota has issued a recall on some 227,000 Camrys to fix brake-assist problems
Toyota accelerating vehicle production in December as COVID-induced parts shortages ease
Toyota expects to build approximately 800,000 vehicles globally in December, up from approximately 760,000 vehicles built during the same period a year ago.
Toyota lifts annual profit outlook on a weaker yen
Japan's Toyota Motor Corp raised its profit outlook on Thursday helped by favorable currency rates but warned that the global semiconductor shortage still posed risks to its full-year production plans.
World’s largest chipmaker to raise prices, threatening costlier electronics
The price increases come in the wake of a global semiconductor shortage that has affected Apple and most car makers, including General Motors Co. and Toyota Motor Corp.
Toyota to slash September production due to global chip shortage: report
Toyota Motor is slashing its global production for September by 40% from its previous plan due to the worldwide shortage of semiconductors, according to Nikkei Asia.
Toyota reports record profit amid pandemic, keeps forecasts
While the pandemic has dented sales and demand in some global businesses, Toyota appears to be roaring back. Uncertainties remain such as the global shortage of semiconductors that’s slammed the auto industry, as well as effects of COVID-19.
The 2021 Olympics are turning into a $20 billion bust for Japan
When Toyota Motor Corp. said this week it wouldn’t run any ads in Japan tied to the Olympics, it sent a message louder than any TV commercial about the host nation’s grim mood.
Toyota pulls Olympic ads from Japan amid COVID-19 concerns
Japan’s top automaker, Toyota, has announced the withdrawal of all Olympic-themed advertisements from airing locally in response to backlash surrounding the rising COVID-19 infection rates as it relates to the Tokoyo Olympics.