toyota News Updates

Business, Technology, Logistics, TCA

Toyota Boosts Investment in US Manufacturing to $13 Billion, Adds Another 600 Jobs

Back in 2017, Toyota said that it would invest at least $10 billion over the course of the next five years in its U.S. manufacturing presence. Now, the Japanese automaker is saying it will exceed that goal in announcing a new commitment of $13 billion in the same timeframe.

March 15, 2019
Government, Business, Logistics

US Tariffs Could Wreak Havoc on Auto Industry, Toyota President Says

Toyota Motor Corp. President Akio Toyoda called on President Donald Trump to make a “careful and appropriate decision” on whether car imports to the United States are a national security threat, and potentially impose tariffs, to avoid possible ripple effects across the industry.

February 21, 2019
Business, Technology, Equipment, TCA

Toyota Acquires Chicago-based Hoist Liftruck

Toyota Industries North America has acquired Chicago-based Hoist Liftruck Manufacturing. The company will be renamed Hoist Material Handling.

February 19, 2019
Business, Technology, Equipment

Mainstream Car Models More Dependable Than Luxury Brands, Survey Shows

Prospective buyers planning to splurge on a luxury car may want to reconsider. Mass-market brands now are more reliable than premium models.

February 13, 2019
Business, Technology, Equipment, Fuel

Kenworth, Toyota Partner to Develop 10 Hydrogen-Electric Trucks

LAS VEGAS — Kenworth Truck Co. and Toyota are collaborating to develop 10 hydrogen-electric tractors for drayage operations in the Los Angeles basin, the companies announced.

January 10, 2019
Business, Technology, Autonomous

Toyota Invests $500 Million in Uber

Toyota Motor Corp. is expanding an alliance with Uber Technologies Inc. through a new investment and a plan to get self-driving cars on the road, a person familiar with the matter said.

August 27, 2018
Government, Business

Toyota Logs Record Quarterly Profit, Cuts Full-Year Sales Outlook

TOKYO — Toyota Motor Corp. logged a better than expected performance in the last quarter, reporting Aug. 3 that its quarterly profit jumped 7.2% to a record 657.3 billion yen ($5.9 billion), thanks to strong sales in the United States and other overseas markets.

August 3, 2018
Business, Technology, Equipment, Autonomous, TCA

Toyota to Build Autonomous Vehicle Testing Site in Michigan

Toyota announced plans May 3 to build its own autonomous vehicle testing site within the Michigan Technical Resource Park, a privately operated automotive proving grounds.

May 4, 2018
Business, Technology, Fuel

AirFlow Truck Co., Toyota Highlight Class 8 Technology at Shell’s ‘Make the Future’ Event

SONOMA, Calif. — Equipment manufacturers showcased new fuel-efficient Class 8 tractor technology here during Shell’s “Make the Future” event at the Sonoma Raceway on April 20.

April 23, 2018
Business, Technology, Autonomous, TCA

Toyota Talks Self-Driving Cars and the Real Reason the Automaker Suspended Testing

When a woman crossing an Arizona street was struck and killed by a self-driving Uber car late last month, it sparked a swift public reckoning over the near-term future of autonomous vehicle testing on public roads.

April 3, 2018