Toyota Motor Stock Price, News & Analysis

The production of the all-new 2022 Toyota Tundra has officially commenced at Toyota Motor Manufacturing Texas. This marks a significant milestone as the first major model change since 2006, with a focus on advanced capabilities and hybrid technology. An investment of $391 million supports the production, bringing total investments to over $3.1 billion. The Tundra's production capacity is set at 208,000 vehicles annually. Additionally, Toyota has committed $650,000 in community donations to enhance local access to transportation and education.

Toyota celebrates the holiday season with its new ad campaign featuring two commercials: "Bookstore" and "Nora's Joy." The first, airing during NBC's "Christmas in Rockefeller Center," tells a touching story of community support for a local bookstore after a fire. The second ad, set to premiere on December 11, highlights a woman's joy in sharing and spreading happiness while driving her Toyota Tacoma. Toyota is also partnering with the National Center for Families Learning to distribute over 85,000 books and is encouraging social media sharing to support the Hispanic Scholarship Fund.

Toyota unveiled its all-electric bZ4X in the U.S., marking the launch of its global bZ series of battery-electric vehicles. The bZ4X features an estimated range of up to 250 miles for front-wheel drive models. Toyota aims to expand its electrified lineup to around 70 models by 2025, focusing on carbon neutrality by 2050. The bZ4X boasts innovative design, advanced safety features, and tech integration, including over-the-air updates and a comprehensive safety package. The vehicle will be available for sale in mid-2022.

Toyota West Virginia (TMMWV) announced a $240 million investment to establish a dedicated production line for hybrid transaxles, enhancing its operational capabilities in response to growing demand for electric vehicles in North America. This initiative aims to modernize the facility and enable workforce skill diversification. The investment follows a previous $210 million expansion in February, highlighting TMMWV's ongoing commitment to innovation and competitiveness. Toyota's overarching goal is to achieve carbon neutrality across its lineup by 2025.

Toyota's all-new 2022 Tundra has been awarded the title "Truck of Texas" by the Texas Auto Writers Association at the Texas Truck Rodeo. Built on a new chassis with a maximum tow rating of 12,000 pounds, it features two powertrains: the i-FORCE 3.5L twin-turbo V6 and the hybrid i-FORCE MAX, which delivers 437 hp and 583 lb.-ft. of torque. The Tundra, recognized for its off-road capabilities and innovative towing technology, will be available in December 2021. TAWA members praised its impressive performance during evaluations of numerous new trucks.

Toyota has announced a significant $461 million investment in its Georgetown, Kentucky plant (TMMK) aimed at enhancing operations and meeting changing customer demands. This investment focuses on facility upgrades, expanding powertrain capabilities with a new 2.4-liter turbo engine line, and implementing a direct hire program for 1,400 workers. The changes will support vehicle production flexibility and future electrification efforts. With a total planned investment exceeding $8.5 billion by 2025, TMMK is positioned to strengthen its North American footprint amidst increasing competition.

Toyota has unveiled the all-new 2022 GR86, featuring a powerful 2.4-liter engine with 228 hp and 184 lb-ft of torque, offering nearly 18% more horsepower and improved performance. The GR86 starts at an MSRP of $27,700 and will be available at dealerships in December. With a focus on affordability, the GR86 comes in two grades—GR86 and GR86 Premium—and boasts enhanced technology, a driver-focused design, and a lightweight body structure. The new model promises improved driving dynamics and fuel efficiency, making it a compelling sports car option.

The Toyota Dream Car USA Art Contest invites youth ages 4-15 to submit their artwork envisioning future cars from November 1, 2021, to January 31, 2022. Judged by uniqueness and artistry, participants can win cash prizes in three age categories. The Petersen Automotive Museum will also present its Petersen Prestige Award, showcasing the winning artworks. This contest, part of a broader initiative since 2004, encourages creativity and innovation in mobility among children across the U.S. Visit www.ToyotaDreamCarUSA.com for more information.

Toyota Motor North America is accelerating its commitment to carbon neutrality by aiming to power its manufacturing plants with 100% renewable energy by 2035. With support from the Biden Administration, Toyota is exploring Virtual Power Purchase Agreements (VPPAs) to cut emissions by up to 40% within three years. A new program titled 'The Power of Solar & Wind – The Road to Carbon Neutrality' will air on October 23, showcasing these initiatives. This move reflects Toyota's goal of reducing its environmental impact and leading the automotive industry in sustainability.