Toyota is selling a part of its stake in components maker Denso to raise cash for its drive toward electric vehicles and other innovations, Japan’s top automaker said Nov. 29.
November 29, 2023toyota News Updates
Toyota Sells Part of Denso Stake to Raise Cash for EVs
Toyota Recalls Nearly 1.9 Million RAV4s
DETROIT — Toyota said Nov. 2 it is recalling nearly 1.9 million RAV4 small SUVs in the U.S. to fix a problem with batteries that can move during forceful turns and potentially cause a fire.
November 2, 2023Toyota Hikes Pay on Heels of UAW-Detroit Deals
Toyota Motor Corp. is raising wages for assembly workers in the U.S. after its Detroit carmaking rivals reached tentative deals with their union to boost pay.
November 1, 2023Toyota’s Profits Zoom on Cheap Yen, Strong Global Sales
TOKYO — Toyota’s July-September profit jumped nearly threefold from a year ago as vehicle sales grew around the world and a cheap yen boosted the Japanese automaker’s overseas earnings.
November 1, 2023Toyota More Than Doubles Investment at N.C. Battery Plant
RALEIGH, N.C. — Toyota will invest an additional $8 billion in the hybrid and electric vehicle battery factory it’s constructing in North Carolina, more than doubling prior investments.
October 31, 2023Toyota Keeps Up Push to Prove It Can Embrace New Technology
Toyota Motor Corp.’s campaign to show customers, suppliers and investors that it’s serious about electrification was on display again this month.
September 18, 2023Toyota to Resume Japan Plants After Rare System Malfunction
Toyota Motor Corp. said it will gradually resume operations at its 14 domestic plants Aug. 30 after a system malfunction suspended production.
August 29, 2023Toyota, Stellantis Blast Biden’s Plan to Boost EV Sales
Stellantis NV and Toyota blasted a Biden administration plan to ease auto pollution, saying it would compel unrealistic sales of electric vehicles that strain critical mineral supplies.
July 10, 2023Strong Q2 for Toyota, GM Points to Auto Industry Strength
General Motors Co. and Toyota Motor Corp. both posted strong sales gains in the second quarter, signs of consumer health in the auto market as semiconductor supply improves.
July 6, 2023Toyota Class 8 Hydrogen Powertrain Approved in California
Toyota is to begin offering Class 8 commercial truck manufacturers and operators a hydrogen-fueled powertrain in California later this year.
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