toyota News Updates

Business, Technology, Equipment

Daimler, Toyota Finalize Plan to Merge Truck Units in 2026

Toyota and Daimler Truck have agreed to finalize a merger of their truck manufacturing subsidiaries, Hino Motors  and Mitsubishi Fuso Truck & Bus, under a new holding company by April 2026.

June 10, 2025
Business, Technology, Equipment

Toyota Group to Privatize Toyota Industries for $33 Billion

The Toyota group’s proposal to privatize Toyota Industries is drawing criticism from investors and analysts, who argue the $33 billion deal significantly undervalues the company.

June 3, 2025
Business, Technology, Autonomous

Joby Considers Air Taxi Deal Worth Up to $1 Billion

Joby Aviation is working toward an agreement to sell as many as 200 of its air taxis to a major Saudi Arabian investor in a deal potentially worth as much as $1 billion.

June 3, 2025
Business, Technology, Equipment, Fuel

Toyota to Sell Seven EV Models in US

Toyota is betting Americans are ready for more U.S.-made electric vehicles. And if they aren’t, it has a plan: exports.

May 29, 2025
Business, Technology, Autonomous

Toyota Becomes Top Shareholder in Air Taxi Maker Joby

Toyota has invested $250 million in Joby Aviation, completing the first half of a previously announced $500 million commitment and becoming the air taxi maker’s largest shareholder.

May 28, 2025
Business, Equipment

Toyota Could Make Small Pickup Trucks as US Demand Booms

Toyota is looking into offering a compact pickup in the U.S., potentially joining Ford and Hyundai in competing in the growing market for entry-level trucks.

May 21, 2025
Government, Business, Equipment

Japanese Carmakers Face $19 Billion Hit From Trump’s Tariffs

Japan’s biggest carmakers are looking at a hit of more than $19 billion from President Donald Trump’s tariffs that have left the global auto industry reeling.

May 14, 2025
Government, Business, Equipment

Toyota Suffers $1.3 Billion Profit Hit in Two Months on Tariffs

Toyota said U.S. tariffs will result in a $1.3 billion hit to operating income in just two months, with the carmaker joining a growing list of companies grappling with the trade turmoil.

May 8, 2025
Business, Technology, Equipment, Safety, Autonomous

Toyota Starts Collaboration on Autonomous Cars With Waymo

Japan’s top automaker, Toyota, announced a partnership with U.S. autonomous driving technology company Waymo on April 30.

April 30, 2025
Business, Technology, Equipment, Fuel

Kenworth Delays Start of Hydrogen Fuel Cell T680 Production

Serial production of Kenworth Truck Co.'s hydrogen fuel cell electric T680 tractors will not begin in 2025 as previously announced, according to a senior executive.

April 11, 2025