toyota News Updates

Government, Business, Technology, Equipment

Toyota North America Plant Disruptions Drag Into Second Week

Toyota Motor Corp.’s North America operations continue to be disrupted after protests closed off the Ambassador Bridge linking the U.S. and Canada, hurting production at several of the automaker’s plants in the region.

February 15, 2022
Business, Technology

Toyota’s Auto Sales Sag on Chips Crunch

TOKYO — Toyota’s profit slipped nearly 6% last quarter, the Japanese automaker said Feb. 9, highlighting the headwinds automakers are facing in a computer chips crunch caused by the coronavirus pandemic.

February 9, 2022
Business, Technology, Autonomous

May Mobility Raises $83 Million for AV Shuttle

May Mobility Inc., a self-driving shuttle startup backed by the venture arms of Toyota Motor Corp. and BMW AG, raised $83 million in its largest funding round to date.

January 26, 2022
Business, Technology

Toyota Halts Work at Some Plants Amid COVID Disruptions

Toyota Motor Corp. expanded the idling of its automobile production as rising COVID-19 cases impact its suppliers and operations in Japan.

January 20, 2022
Business

GM Loses Spot Atop US Car Market to Toyota

For the first time since 1931, General Motors Co. isn’t the top-selling automaker in the U.S. The Detroit-based company lost its crown to Japanese rival Toyota Motor Corp., which boosted sales 10% last year despite a 28% decline in the fourth quarter.

January 4, 2022
Business, Equipment

M&K Truck Centers Appoints Josh Wolf COO

M&K Truck Centers, with locations in four states, named Josh Wolf chief operating officer, effective immediately.

December 17, 2021
Business, Technology, Fuel

Toyota to Offer 30 New EVs by 2030

TOKYO — Japanese automaker Toyota is beefing up its electric vehicle lineup, offering 30 new fully electric models by 2030, company president Akio Toyoda said Dec. 14.

December 14, 2021
Government, Business, Technology, Fuel

Toyota to Build $1.3 Billion EV Battery Plant in North Carolina

Toyota is preparing to build a $1.3 billion electric vehicle battery plant near Greensboro, N.C., that will employ at least 1,750 people, government officials said Dec. 6.

December 6, 2021
Business, Technology, Logistics

Toyota December Production Outlook Shows Supply Woes Are Easing

Toyota Motor Corp. is targeting a level of output in December higher than what it’s seen in recent years, a sign that supply disruptions may be receding.

November 12, 2021
Business, Technology, Fuel

Toyota to Build $1.29 Billion US Battery Plant

DETROIT — Toyota plans to build a $1.29 billion factory in the U.S. to manufacture batteries for gas-electric hybrid and fully electric vehicles.

October 18, 2021