Welcome to our dedicated page for Toyota Motor news (Ticker: TM), a resource for investors and traders seeking the latest updates and insights on Toyota Motor stock.
Toyota Motor Corporation (TM) reports developments for a global automaker whose American depositary shares represent ordinary shares of the Japanese parent company. Recurring updates cover Toyota and Lexus vehicle sales, electrified-vehicle lineups, new model campaigns such as RAV4, and product categories that include hybrid, plug-in hybrid, all-electric and hydrogen fuel cell technologies.
Company news also includes Toyota Motor North America activity, U.S. manufacturing investments, sustainability and regulatory leadership changes, and commercialization work for Toyota Hydrogen Solutions. Brand partnerships and marketing programs appear alongside operating updates tied to vehicle demand, production capacity, and corporate governance.
The all-new 2023 Toyota Sequoia is set to redefine the full-size SUV market with its powerful twin-turbo V6 hybrid engine, delivering 437 hp and 583 lb.-ft. of torque. With a maximum towing capacity of up to 9,520 lbs., it’s designed for heavy-duty performance. Assembled in San Antonio, Texas, the vehicle features a modern body-on-frame chassis and advanced technology, including a new multimedia system. The Sequoia will be available in five grades starting at an MSRP of $58,300, hitting dealerships late summer 2022.
Toyota's North American operations have announced significant executive leadership changes as part of its ongoing transformation strategy. Key retirements include Bob Carter and Zack Hicks, with Tim Ingle and Steve Basra promoted to critical roles. The changes aim to enhance dealer relations, achieve carbon neutrality goals, and strengthen mobility services. These shifts will take effect on June 20, 2022, promoting fresh leadership across various departments to drive growth and innovation.
Toyota and its subsidiary Woven Planet have developed a prototype for a portable hydrogen cartridge aimed at improving everyday energy use. This initiative is part of their efforts to explore hydrogen as a means to achieve carbon neutrality. The cartridge is designed to be portable and affordable, facilitating hydrogen use in various applications. Upcoming Proof of Concept trials will take place in Woven City, a smart city under construction in Japan. This project aims to make hydrogen energy accessible and safe, with a goal of transforming how people utilize clean energy in their daily lives.
Stratasys has partnered with Toyota Racing Development (TRD) to utilize additive manufacturing in creating production parts for the upcoming Toyota GR86 in the GR Cup Series. This partnership demonstrates a shift from prototyping to end-use parts in racing applications.
The integration involves advanced 3D printers such as the Fortus 450mc and F370, facilitating innovative manufacturing practices. This collaboration marks a significant evolution in high-performance automotive applications, enhancing TRD's production capabilities.
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The new Toyota GR Corolla MORIZO Edition enhances performance with exclusive features aimed at driving enthusiasts. Limited to 200 numbered units, the MORIZO Edition boasts 300 horsepower and 295 lb.-ft. of torque, with weight reduction achieved through a two-seater design and removal of non-essential components. Enhancements include a close gear ratio manual transmission, Michelin Pilot Sport tires, and a rigid chassis for improved handling. The model, designed under the guidance of Akio Toyoda, reflects Toyota's commitment to motorsport engineering and will be available in 2023 with pricing yet to be announced.
Toyota unveiled the all-new 2023 Corolla Cross Hybrid, featuring a Fifth Generation Toyota Hybrid System that boosts performance and efficiency. This SUV, available in LE and XLE grades as well as new Sport grades S, SE, and XSE, offers 194 horsepower and an estimated 37 combined MPG. Assembled in Huntsville, Alabama, production capacity is set at 150,000 vehicles annually. Standard features include the latest Toyota Multimedia System with wireless Apple CarPlay and Android Auto, while all models come equipped with Toyota Safety Sense 3.0 for enhanced safety.
Toyota enhances the 2023 Corolla lineup with four new Hybrid grades and an upgraded AWD system featuring a rear-mounted electric motor. The hybrid models come with a reengineered drive motor and lithium-ion battery, boosting efficiency. The gas models now utilize a more powerful 169-hp engine, providing improved performance and fuel economy (31 city/40 hwy MPG). The 2023 Corolla also includes the upgraded Toyota Safety Sense 3.0, an 8-inch Toyota Audio Multimedia system, and refreshed styling, reflecting Toyota's commitment to continuous improvement and customer satisfaction.
Toyota Motor North America has unveiled a new vehicle platform called the Sienna Autono-MaaS (S-AM), based on modified 2022 Sienna minivans. This platform integrates a vehicle control interface compatible with third-party autonomous driving kits and sensors for Mobility-as-a-Service (MaaS) applications. Deliveries began in fall 2021 to clients like Aurora Innovation and May Mobility, with ongoing demonstrations of autonomous mobility services. Toyota aims to enhance mobility solutions for users while maintaining FMVSS compliance.
Toyota has unveiled the 2023 RAV4 Hybrid Woodland Edition, designed for outdoor adventures with features like TRD-tuned suspension, bronze-colored wheels, and all-terrain tires. This special edition SUV emphasizes versatility and efficiency, equipped with premium interior styling and a hybrid engine for improved performance. To further support community initiatives, Toyota is donating $500,000 to the National Environmental Education Foundation (NEEF) to enhance accessibility to public lands. The RAV4 Woodland Edition is set to hit dealerships this fall, offering a blend of rugged capability and cutting-edge technology.