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Tag: Toyota


Industry Focus Areas, Motorized Vehicle

Toyota’s Profits Zoom on Cheap Yen, Strong Global Sales

November 1, 2023

Via: Transport Topics

Toyota’s July-September profit jumped nearly threefold from a year ago as vehicle sales grew around the world and a cheap yen boosted the Japanese automaker’s overseas earnings. Toyota Motor Corp. reported Nov. 1 1.28 trillion yen ($8.5 billion) in quarterly […]


Industry Focus Areas, Motorized Vehicle

Toyota’s New Approach To Accelerate The Future Of Car Manufacturing

October 27, 2023

Via: Metrology and Quality News

At its recently held monozukuri (‘the art of making things’) workshop, Kazuaki Shingo, chief production officer Toyota Motor Corporation, explained the transformative approach to car-making the company is taking by leveraging Toyota’s unique human-centred approach to manufacturing. Human-Centred Approach To […]


Industry Focus Areas, Motorized Vehicle, News

Japanese automaker Toyota and energy company Idemitsu to cooperate on EV battery technology

October 12, 2023

Via: Phys.org

Japan’s top automaker Toyota agreed Thursday to work with Idemitsu, a major Japanese oil company, on technology for mass production of solid-state batteries that promise to be a key component in future electric vehicles. The deal is an important step […]


Industry Focus Areas, Motorized Vehicle

Toyota to Resume Japan Plants After Rare System Malfunction

August 29, 2023

Via: Transport Topics

Toyota Motor Corp. said it will gradually resume operations at its 14 domestic plants Aug. 30 after a system malfunction suspended production, a rare glitch for the world’s biggest carmaker as it rushes to reboot its famed production system. The […]


Industry Focus Areas, Motorized Vehicle

Strong Q2 For Toyota, GM Points to Auto Industry Strength

July 6, 2023

Via: Transport Topics

General Motors Co. and Toyota Motor Corp. both posted strong sales gains in the second quarter, signs of consumer health in the auto market as semiconductor supply improves. GM sales rose almost 19% in the quarter and were up 15% […]


News

Toyota To Invest $47.7 Million At R&D Facility In Michigan

June 12, 2023

Via: Business Facilities Magazine

Toyota North America has announced it is expanding its facility in York Township, Michigan, a project that is expected to generate a total capital investment of up to $47.7 million. Governor Gretchen Whitmer was joined for the announcement at Toyota’s […]


Industry Focus Areas, Motorized Vehicle

Toyota Motor North America Reports Year-End 2022 U.S. Sales Results

January 4, 2023

Via: PR Newswire

Toyota Motor North America (TMNA) today reported year-end 2022 U.S. sales of 2,108,458 vehicles, a decrease of 9.6 percent on a volume basis and a decrease of 9.9 percent on a daily selling rate (DSR) basis compared to 2021. The […]


Industry Focus Areas, Motorized Vehicle

Toyota President Expresses Caution on Electric Vehicles

December 21, 2022

Via: Transport Topics

The president of Toyota Motor Corp. is publicly questioning whether the auto industry should transition as quickly to electric vehicles. The Wall Street Journal is reporting Akio Toyoda said during a recent visit to Thailand that a “silent majority” of […]


Industry Focus Areas, Motorized Vehicle

Toyota to Put Additional Billions of Dollars Into EV Batteries

August 31, 2022

Via: The Wall Street Journal

Toyota Motor Corp. TM -0.17%▼ laid out plans for spending $5.6 billion on electric-vehicle battery capacity, as it moves to catch up after expressing doubts about how quickly the world should shift toward EVs. On Wednesday, Toyota said it planned […]


Industry Focus Areas, Motorized Vehicle

Toyota Profit Takes Hit From Supply-Chain Troubles, Higher Costs

August 4, 2022

Via: The Wall Street Journal

Toyota Motor Corp. TM -0.32%▼ on Thursday maintained its full-year outlook for production and operating profit, despite rising raw-material costs and production cuts that weighed on earnings in the first three months of its fiscal year. The world’s largest car […]


Industry Focus Areas, Motorized Vehicle

Toyota Sees Higher Material Costs Eating Into Profit

May 11, 2022

Via: The Wall Street Journal

Toyota Motor Corp. TM -2.85%▼ said the auto industry faces a tough year because rising raw-material costs and a shortage in semiconductors continue to hamper production. The company said it expected rising prices for raw materials would lower operating profit […]


Industry Focus Areas, Motorized Vehicle

Toyota Motor North America Reports March, First Quarter 2022 US Sales

April 1, 2022

Via: PR Newswire

Toyota Motor North America (TMNA) today reported March 2022 U.S. sales of 194,178 vehicles, down 23.5 percent on a volume basis and down 26.3 percent on a daily selling rate (DSR) basis versus March 2021. For the first quarter, TMNA […]


Industry Focus Areas, Motorized Vehicle

Toyota Alabama’s Future is Electrified, Turbocharged

October 18, 2021

Via: PR Newswire

Together with state and community leaders, Toyota Motor Manufacturing, Alabama (TMMAL) held an event to celebrate the first of Toyota’s latest engine products for the all-new 2022 Tundra to come off the production line. These new engines, a hybrid electric […]


Industry Focus Areas, Motorized Vehicle, Process, Production

Toyota aims to make up lost production as supplies rebound, report says

October 12, 2021

Via: Automotive News

Toyota Motor Corp. in December wants to restart production that has been curtailed by component shortages after a rebound in shipments from pandemic-hit suppliers. The move may help the automaker regain about a third of output lost to supply disruptions, […]


Industry Focus Areas, Motorized Vehicle, News

Toyota, Hurt by Chip Shortage, Shuts Factories

August 19, 2021

Via: The Wall Street Journal

The global semiconductor shortage has finally started to bite at Toyota Motor Corp., highlighting how a resurgence in Covid-19 infections from the Delta variant is now stifling chip manufacturing in Southeast Asia, worsening a parts crisis for car companies. Japan’s […]


Energy, Industry Focus Areas, Regulations

Five Manufacturers Picked To Validate Innovative Technologies

August 9, 2021

Via: Business Facilities Magazine

Late last month, the U.S. Department of Energy (DOE) selected five private-sector partners to conduct field validation of clean, efficient technologies in real-world industrial environments. These Industrial Technology Validation (ITV) projects will accelerate the adoption of cost-effective, emerging technologies that […]


Industry Focus Areas, Motorized Vehicle

Toyota Defies Chip Shortage to Post Record Output, Sales

July 29, 2021

Via: Transport Topics

Strong global demand for cars boosted Toyota Motor Corp.’s sales to a record for the month of June, with production seemingly unfazed by an industrywide shortage of semiconductors. Toyota’s unit sales in June rose 20% from a year earlier to […]


Energy, Industry Focus Areas

Toyota, ENEOS to explore hydrogen technology

May 10, 2021

Via: Electronics Weekly

The initiative centres on Woven City, the prototype city of the future that Toyota has started to develop in Susono City, Shizuoka Prefecture. ENEOS and Toyota intend to conduct testing and demonstration in areas related to a hydrogen-based supply chain, […]


Industry Focus Areas, Motorized Vehicle, News

Toyota To Create 1,400 New Jobs In Indiana

April 28, 2021

Via: Business Facilities Magazine

Toyota Motor Manufacturing Indiana (TMMI) is investing $803 million to add two electric vehicles to its Princeton, IN production line. The project will create approximately 1,400 new jobs by the end of 2023 at the Princeton plant, one of 10 […]


Industry Focus Areas, Motorized Vehicle, News

Lyft follows Uber in selling autonomous driving unit

April 27, 2021

Via: Electronics Weekly

Lyft says the deal will save it $100 million a year and allow it to show a profit in Q3. $200 million is being paid up-front with $350 million more to be paid over five years. Toyota’s self-drive research unit […]