toyota News Updates

Business

Strong 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, 2023
Government, Business, Technology, Equipment, Fuel

Toyota 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.

April 28, 2023
Business, Technology, Equipment, Fuel

Toyota to Sell 1.5 Million EVs by 2026

Toyota Motor Corp.鈥檚 new CEO Koji Sato unveiled the beginnings of a long-awaited plan to electrify the automaker鈥檚 vehicle lineup during his first press conference.

April 7, 2023
Business

Subaru Makes CEO Change as Japan鈥檚 Carmakers Play Catch-Up on EVs

Subaru Corp. appointed Atsushi Osaki as CEO and president, following Toyota Motor Corp.鈥檚 decision to overhaul its top ranks, suggesting a greater urgency among Japanese carmakers to accelerate efforts to better compete in the electric vehicle era.

March 3, 2023
Business

Toyota鈥檚 January Output Climbs While Honda, Nissan Report Drops

Toyota Motor Corp. reported a slight drop in global sales in January due to lingering effects of the COVID-19 pandemic and a chronic shortage of semiconductors for automobiles, the Japanese automaker said.

February 27, 2023
Business

Toyota Keeps Conservative Profit View as CEO Transition Looms

Toyota Motor Corp. posted third-quarter profit that topped estimates, but kept its conservative outlook for the year intact.

February 9, 2023
Business, Technology

Toyota CEO Akio Toyoda to Step Aside, Become Chairman

TOKYO 鈥 Toyota set up a new leadership team Jan. 26 in what the Japanese automaker said was a move to stay abreast of social changes like electrification and becoming a wider 鈥渕obility company.鈥

January 26, 2023
Business, Technology, Equipment

Toyota Hits Record November Output, but Shortages Loom

Toyota Motor Corp. said its global output hit a record for November, thanks in part to solid consumer demand, though it warned of an uncertain outlook due to a persistent shortage of semiconductors and spikes in COVID cases in China.

December 28, 2022
Business, Technology, TCA

Toyota President Expresses Caution on Electric Vehicles

The president of Toyota Motor Corp. is publicly questioning whether the auto industry should transition as quickly to electric vehicles.

December 21, 2022
Business, Technology, Equipment, Fuel

Toyota鈥檚 CEO Says EV Adoption Will Take Longer Than Expected

Toyota Motor Corp. plans to keep gas-powered cars as a key part of its lineup, rejecting efforts by rivals to go fully electric amid concerns over how quickly consumers will embrace new technologies.

September 29, 2022