toyota News Updates

Business, Technology, Equipment, Autonomous

Toyota Banks on Mobility Technology for Future Growth

TOKYO — Japanese automaker Toyota is revving up acquisitions in mobility technology, adding Renovo Motors Inc., a Silicon Valley software developer, to its Woven Planet team, which is working on automated driving.

September 28, 2021
Business, Technology, Fuel

Toyota Spends $13.7 Billion to Secure EV Battery Supplies

Toyota Motor Corp. plans to spend $13.7 billion on the supply and development of batteries for hybrid and electric vehicles by 2030, joining other global automakers boosting investments in anticipation of greater demand.

September 7, 2021
Business, Technology, Equipment

Toyota to Assemble Fuel Cell Modules in US for Heavy-Duty Trucks

Toyota will begin assembling integrated dual fuel cell modules in the United States starting in 2023. They are intended for use in hydrogen-powered, heavy-duty commercial trucks.

August 27, 2021
Business, Technology, Equipment

Toyota Cuts Show Chip Shortage Ravages Even Best Supply Planners

Toyota Motor Corp.’s efforts to stockpile enough chips and other key components to ride out supply disruptions only protected the company so long before it too succumbed to the shortages eviscerating automakers.

August 19, 2021
Business, Technology, Equipment

Toyota Defies Chip Shortage to Post Record Output, Sales

Strong global demand for cars boosted Toyota Motor Corp.’s sales to a record for the month of June, with production seemingly unfazed by an industrywide shortage of semiconductors.

July 29, 2021
Business, Technology, Equipment, Autonomous

Toyota Adds Suzuki, Daihatsu to Commercial EV, Autonomous Push

Suzuki Motor Corp. and Daihatsu Motor Co. are investing in a Toyota Motor Corp. entity to bring electrification and autonomous driving to commercial vehicles, deepening ties between the automakers.

July 21, 2021
Business, Technology, Autonomous

Toyota Tech Arm Plans Self-Driving Acquisition Spree

Toyota Motor Corp.’s software and technology arm plans to embark on an ambitious hiring and acquisition spree as automakers globally jostle for pole position in the race to develop smart cars that will one day drive themselves.

July 14, 2021
Business, Technology, Autonomous

Lyft to Sell Autonomous-Driving Unit to Toyota for $550 Million

Lyft Inc. has agreed to sell its self-driving division to a subsidiary of Toyota Motor Corp., joining Uber Technologies Inc. in stepping back from the costly driverless vehicle research once thought to be on the verge of revolutionizing ride-hailing.

April 26, 2021
Government, Business, Safety

NHTSA Probes Engine Fires in Nearly 1.9M Toyota RAV4 SUVs

DETROIT — The U.S. government is investigating complaints of engine compartment fires in nearly 1.9 million Toyota RAV4 small SUVs.

March 1, 2021
Government, Business, Fuel, Autonomous

Toyota to Add Electric, Plug-in Hybrid Vehicles

DETROIT — Toyota says it will roll out two new battery-electric vehicles and one plug-in gas-electric hybrid in the U.S. this year as the parade of new EVs continues.

February 10, 2021