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Tag: Toyota


Vehicles

Toyota selling part of Denso stake to raise cash to develop electric vehicles

November 29, 2023

Via: Tech Xplore

Toyota is selling a part of its stake in components maker Denso to raise cash for its drive toward electric vehicles and other innovations, Japan’s top automaker said Wednesday. The move is estimated to raise about 290 billion yen ($2 […]


Vehicles

Toyota top-selling automaker for third year running

January 30, 2023

Via: Tech Xplore

Japan’s Toyota was the world’s top-selling automaker in 2022, retaining its lead over German rival Volkswagen for the third year, company data showed Monday. Despite the chip shortage and COVID-related supply chain disruption, Toyota and its subsidiaries sold nearly 10.5 […]


Vehicles

Toyota Invests in EV Battery Production in US, Japan

August 31, 2022

Via: Transport Topics

Toyota is investing $5.6 billion in Japan and the U.S. to boost production of batteries for electric vehicles, the Japanese automaker said Aug. 31. Production is set to start between 2024 and 2026. In Japan, $3 billion will go into […]


Impact & Regulations

Toyota Backs Down in Fight Against California Emission Rules

August 23, 2022

Via: Transport Topics

Toyota Motor Corp. agreed to recognize California’s authority to set its own auto emission standards, ending a standoff stretching back to the Trump administration. The Japanese automaker, which once sued along with several other manufacturers to stop California from setting […]


Vehicles

Toyota Cuts Show Chip Shortage Ravages Even Best Supply Planners

August 19, 2021

Via: Transport Topics

Toyota Motor Corp.’s efforts to stockpile enough chips and other key components to ride out supply disruptions only protected the company so long before it too succumbed to the shortages eviscerating automakers. The manufacturer will suspend production at 14 plants […]


Vehicles

VW’s Traton, Toyota’s Hino to Collaborate on Electrification

October 28, 2020

Via: Transport Topics

Volkswagen AG and Toyota Motor Corp.’s truck subsidiaries are joining forces on battery-electric and fuel cell vehicles, enabling the companies to split the costs of developing technology needed to comply with stricter emission rules. The new initiative between VW’s Traton […]


Vehicles

Tesla China Plant Might Have Come to the Rescue Last Quarter

July 1, 2020

Via: Transport Topics

Tesla Inc. endured a roughly seven-week shutdown of its most important car plant in the world last quarter, but its brand-new backup factory may have saved the day. The manufacturer may have delivered more than 83,000 vehicles last quarter, according […]


Impact & Regulations, Vehicles

Toyota Shifts Factories to Face Shields, Will Help Device Makers

March 27, 2020

Via: Transport Topics

Toyota Motor Corp.’s idled manufacturing facilities in the U.S. will make much-needed face shields and masks, and the Japanese automaker is closing in on deals with medical-device makers to help them boost production. The carmaker said March 27 it will […]


Vehicles

Ford, Fiat Chrysler, Honda, Toyota Seek to Restart Factories

March 26, 2020

Via: Transport Topics

Ford, Fiat Chrysler, Honda and Toyota took steps March 26 to restart North American factories that have been closed to protect workers from the coronavirus. The plants would reopen in early or mid-April, restoring the largest source of cash for […]


Vehicles

Moody’s Lowers Toyota Credit Outlook on Industry Challenges

January 23, 2020

Via: Transport Topics

Toyota Motor Corp. had its credit outlook lowered by Moody’s Investors Service, showing even the world’s most valuable carmaker isn’t safe from turmoil in the industry. The outlook was changed to negative from stable, Moody’s said Jan. 23 in a […]


Vehicles

Toyota’s 2020 Forecast Nudges It Closer to Volkswagen

December 17, 2019

Via: Transport Topics

Toyota Motor Corp. is forecasting sales of 10.77 million vehicles worldwide during 2020, nudging it closer to No. 1 automaker Volkswagen AG. Toyota’s outlook, which includes vehicles sold by subsidiaries Daihatsu Motor Co. and truck maker Hino Motors Ltd., shows […]


Vehicles

Toyota Moves to Deepen Ties With Suzuki

August 28, 2019

Via: Transport Topics

Toyota Motor Corp. and Suzuki Motor Corp. are strengthening their relationship by taking stakes in each other, the latest alliance in an industry that’s facing sweeping changes in technology, consumer preferences and business models. Japan’s biggest automaker will acquire about […]


Shipping

Toyota Invests in Self-Sailing Ship Maker Sea Machines Robotics

December 17, 2018

Via: Wired

Like any properly terrifying invasion, it’s hard to tell whether the robot one will come by land, air, or sea. Toyota has put its bets on the first two already: It has built its own autonomous driving tech, obviously, and […]


Vehicles

Toyota Joins Uber on Its Tortuous Journey to Self-Driving Cars

August 29, 2018

Via: Wired

Uber didn’t necessarily get into self-driving cars to make friends. It launched its program in Pittsburgh by gutting the robotics program at Carnegie Mellon University, after all. But in the three years since – as the company has struggled with […]


Vehicles

Toyota Warns That Some Rivals Are Skipping Steps in Race to Autonomy

March 28, 2018

Via: Transport Topics

As the global auto industry vies to deploy driverless cars, some contenders may be cutting corners in a bid to get ahead, warned Jack Hollis, group vice president of U.S. sales for the Toyota brand. “Some competitors, not by name […]


Vehicles

Toyota Adds $2.8 Billion to Software Push for Self-Driving Cars

March 5, 2018

Via: Transport Topics

Toyota Motor Corp. plans to spend $2.8 billion to make sure its system for writing the software for self-driving cars will be just as efficient as the factories that build them. The company needs faster and more reliable methods for […]


Vehicles

This week in the future of cars: everything happens at once

January 12, 2018

Via: Wired

ONCE UPON A time, the Consumer Electronics Show was about personal gadgets: fancy phones, curving televisions, college-educated refrigerators. But in recent years cars have become the stars, and the auto industry has taken its place in Vegas. This week at […]


Vehicles

Toyota and a Laser boy wonder team up on self-driving cars

September 27, 2017

Via: Wired

RENTING OUT A 100,000-square-foot San Francisco cruise ship terminal feels ostentatious, even for a Silicon Valley coming out party. But Luminar, a small company dedicated to a far corner of the nascent autonomous vehicle industry, and its 22-year-old founder, Austin […]