toyota News Updates

BusinessTechnologyAutonomous

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
BusinessEquipment

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
GovernmentBusinessEquipment

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
GovernmentBusinessEquipment

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
BusinessTechnologyEquipmentSafetyAutonomous

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
BusinessTechnologyEquipmentFuel

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
BusinessTechnologyEquipment

Toyota Aids LG Battery Plant With $1.5 Billion Order

Toyota has agreed to shift a $1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after General Motors backed out of the project.

February 18, 2025
BusinessTechnologyEquipment

Toyota Announces EV and Battery Push in China and US

TOKYO — Toyota is developing and making electric vehicles and EV batteries in China, the Japanese automaker said Feb. 5, under a new partnership with the Shanghai government.

February 5, 2025
BusinessEquipment

Report: Mitsubishi Motors Won’t Join Honda, Nissan Tie-Up

Mitsubishi Motors Corp. won’t be a part of Honda Motor Co. and Nissan Motor Co.’s plans to combine their companies under a holding company, according to a Japanese newspaper.

January 24, 2025
Business

Toyota Wants Salaried Staff Back in Office Four Days a Week

Toyota Motor Corp.’s salaried workers in North America are being ordered back to the office Monday through Thursday starting in September.

January 13, 2025