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Toyota Motor said on Wednesday it would invest about 730 billion yen ($5.27 billion) in Japan and the United States for making batteries for fully electric vehicles. When more facilities
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Toyota Motor on Wednesday reduced its 2022 outlook for the U.S. automobile industry’s new-car sales, due to the struggles in the supply chain caused by the coronavirus and the conflict
Toyota Motor on Tuesday reported a 10.4% increase in U.S. auto sales for 2021. The result shows that the automaker overcame supply chain snarls to meet demand from customers. The
Toyota Motor said on Monday that it is building a new $1.29 billion battery plant in North Carolina. The move comes as the automaker looks forward to expanding its hybrid
Toyota Motor’s North American unit said Monday it will invest about $3.4 billion (380 billion yen) on U.S. automotive battery development and production in the United States through 2030. The automaker
Toyota Motor’s political action committee will stop donations to U.S. members of Congress who had voted against US President Joe Biden’s election certification in January, the automaker said on Thursday.
Toyota Motor settled a lengthy Justice Department civil investigation into its delayed filing of emissions-related defect reports for $180 million, the government said on Thursday. Toyota first revealed in 2016
Volkswagen AG and Toyota Motor stated on Wednesday they will delay resuming U.S. production amid the coronavirus pandemic and concerns regarding the automotive supply network. VW stated it is indefinitely
Toyota Motor stated it will extend a shutdown of all North American plants for two weeks because of the ongoing coronavirus pandemic and fall in vehicle demand. The automaker stated
Toyota Motor will increase production at its new Mexican plant to 100,000 vehicles annually by 2021, marking a major step to move production of its popular Tacoma pickup truck to
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