Toyota Motor stated on Thursday it is going to invest $749 million in five U.S. plants and add 586 jobs as it increases engine production capacity and adds new hybrid models to its lineup. President Donald Trump has prodded Japanese automakers to bring more jobs in the United States as the White House has threatened […]
Toyota
Toyota and Japan space agency will cooperate to develop moon rover
Toyota Motor and Japan’s space agency stated on Tuesday they had agreed to work together in developing a manned lunar rover that operates on fuel cell technologies. Although Japan has no plan at present to make a manned rocket that could send humans into space, the rover could be a significant contribution to an international […]
Toyota Launches New Doorstep Car Service Program In India
Toyota has started the service in remote locations before moving to bigger cities Toyota Kirloskar Motor has started a new doorstep maintenance service- ‘Service Express’ which is mainly intended at providing periodic service (Minor, Medium and Major) at remote locations where car owners have to travel long distances to find a dealership. The periodic maintenance […]
China sales marks Toyota’s profit while U.S. weakness continues
Toyota Motor’s quarterly profit edged up as demand for its car models from cost-conscious Chinese customers helped offset bleak North American sales, although the company’s shares slipped as it cut its yearly net income outlook. The automaker attributed the smaller forecast to unrealised losses from equity investments, but, in a sign that business was still […]
Toyota reports drop in U.S. auto sales in January
Toyota Motor has reported a 6.6 percent decline in U.S. vehicle sales for January, damaged by lower demand for its Camry and Prius cars. The third largest automaker in the United States by sales stated it sold 156,021 vehicles in January, down from 167,056 vehicles 2018. Camry sales dropped 3.4 percent, while Prius sales slumped […]
Toyota Motor aims to increase sales in China by 8 percent this year
Toyota Motor aims to increase vehicle sales in China by 8 percent to 1.6 million this year, the Japanese automaker stated on Friday. Toyota sold 1.47 million vehicles in China in 2018, increased 14.3 percent from 2017. Automaker’s forecast comes at a time when automakers in China in general are preparing for a difficult year […]
Toyota, Panasonic to expand electric vehicle push
Toyota Motor and Panasonic Corp are starting a joint venture next year to make electric vehicle (EV) batteries, leveraging the heft of one of the world’s largest automakers and battery makers to boost their EV push. Toyota will own 51 percent of the joint venture, and Panasonic the rest, the two companies stated in a […]
Toyota recalls 1.7 million vehicles over air bag inflators
Toyota Motor stated Wednesday it is recalling another 1.7 million vehicles globally for potentially defective Takata air bag inflators as part of a multi-year industry recall campaign declared in 2016. Automakers are including about 10 million vehicle inflators in the United States to what is already known as the largest-ever recall campaign in history. Last […]
Toyota makes progress in replacing Takata airbags in 65,000 vehicles
Toyota Motor stated on Wednesday it is advancing by a year plans to replace Takata airbags in about 65,000 Toyota and Lexus vehicles in the United States it had previously replaced. The Japanese automaker’s U.S. subsidiary stated the recall is being declared a year ahead of the December 2019 timeline and would involve replacing Takata […]
Toyota Motor to restructure management structure
Toyota Motor stated on Friday it would restructure its management executive ranks, consisting hiring new people and shuffling present roles throughout the company. As part of the modifications, Chris Reynolds is going to be the chief administrative officer for North America operations and right now is the executive vice president of the North America unit. […]
Toyota to buy out PSA Group’s stake in joint Czech factory
Toyota is ready to buy out PSA Group’s stake in a jointly-managed Czech Republic factory specializing in the production of small vehicles, the companies stated on Friday. The French firm will also provide another model of compact van for its Japanese partner from its Vigo plant located in Spain as of 2019, they added. Toyota […]
Toyota, SoftBank teams up to target self-driving car services
Toyota Motor and SoftBank Group are teaming up to develop self-driving vehicle services, signaling deepening alliances among top automakers and tech companies as the global race to develop autonomous cars intensifies. Japan’s biggest automaker and its most influential tech firm will jointly work on a platform to operate self-driving vehicles which can be used as […]
After Apple’s CarPlay, Toyota now brings Android Auto to vehicles
Toyota Motor agreed to include Android Auto to its vehicles, according to an individual knowledgeable with the matter, ending years of resistance to the Google infotainment software because of safety and security issues. Initially, Toyota will let Android Auto devices to connect directly to its vehicles, after declaring compatibility with Apple Inc.’s CarPlay in January. […]
Toyota prepares to recall 1 million hybrid models due to wiring issue
Toyota Motor stated on Wednesday it prepared to recall around 1.03 million vehicles, consisting its gasoline-hybrid Prius model, in Japan, North America, Europe and other regions due to a concern with the engine wire harness which can pose a fire risk. After a domestic recall announcement by Japan’s transport ministry, Toyota stated that in affected […]
Toyota to boost production capacity in China by 20 percent
Toyota Motor will construct another capacity at its auto plant in China’s Guangzhou, a company source stated, in addition to beefing up production at a factory located in Tianjin city by 120,000 vehicles annually. A person close to the company stated the automaker will construct capacity at the production hub located in the south China […]
