Toyota Motor Stock Price, News & Analysis

Toyota announces the auction of two 2022 Tundra trucks at Barrett-Jackson in Scottsdale, Arizona, with proceeds benefiting the Toyota U.S. Paralympic Fund. The auction includes the Tundra Capstone and TRD Pro, both featuring the new i-FORCE MAX hybrid powertrain, generating 437 horsepower and 583 lb.-ft. of torque. The Capstone, introduced recently, serves as the luxury flagship of the Tundra lineup. Proceeds will support over 430 athletes received $3.7 million in funding. The auction takes place on January 28 and 29, 2022.

Toyota has been awarded the most patents among automakers in 2021, with a total of 2,753 patents granted, according to the Intellectual Property Owners Association (IPO). This marks the eighth consecutive year Toyota has led in this category, emphasizing its commitment to vehicle electrification and innovations in automated driving systems, AI, materials, and more. The company invests over $1 million per hour in technology development, with over $1 billion directed to R&D for automated vehicles and robotics since 2017.

Toyota Gazoo Racing North America (TGRNA) will represent Toyota in NHRA, Formula DRIFT, and GT4 competitions starting the 2022 season. This initiative aims to enhance Toyota's motorsports presence and showcase the GR family of vehicles. The NHRA season begins on February 20 in Pomona, California, where drivers will unveil the new GR Supra body. TGRNA will also compete in various events with the GR Supra and GR86 models. TGRNA's goal is to improve vehicle performance through racing, ultimately benefiting U.S. customers and fans.

The all-new 2022 Toyota Tundra Capstone, debuting this spring, introduces a premium truck experience with luxurious features. Highlights include 22-inch chrome wheels, semi-aniline leather seats, and a 14-inch multimedia touchscreen. Powered by the i-FORCE MAX hybrid powertrain, it boasts 437 horsepower and a towing capacity of 10,340 pounds. The Tundra Capstone also features advanced safety systems, including Toyota Safety Sense 2.5. It combines luxury with performance and is designed to elevate the full-sized truck segment.

The 2022 Toyota Corolla Cross is officially launched in the U.S. with the 'Just Right' campaign, designed to showcase its versatility and capabilities. The campaign emphasizes joyful moments in life while promoting the compact SUV's features such as spacious cargo, AWD capabilities, and a stylish design. Developed through the Total Toyota marketing model, it targets diverse audiences through TV, digital platforms, and social media. The Corolla Cross, manufactured in Alabama, offers impressive specifications: 169 hp, up to 32 mpg, and a cargo capacity of 26.5 cu. ft.

Toyota Motor North America (TMNA) reported a decrease in December 2021 U.S. sales, totaling 174,115 vehicles, down 30.2% year-over-year. However, 2021 overall sales rose 10.4% to 2,332,262 vehicles. The Toyota division saw a 29.0% drop in December to 150,072 vehicles but recorded a 10.3% increase for the year. Lexus division sales fell 37.1% in December to 24,043 vehicles while increasing by 10.7% for the year. TMNA highlighted its number one EPV sales position for 22 consecutive years, with new investments of nearly $3 billion into U.S. manufacturing.

The 2022 Toyota GR86 campaign "FasterClass" launched on January 4, 2022, showcasing the next-generation sports coupe engineered for performance enthusiasts. Developed with a focus on multicultural marketing, the campaign integrates digital, social, and print media to emphasize the vehicle's track-ready capabilities. Key features include a 2.4L engine, improved torque, and a starting MSRP of $27,700. Collaborations with notable racing figures and cultural references highlight the GR86's heritage, positioning it as an accessible sports car for everyday driving.

The Toyota Arizona Proving Grounds (TAPG) has launched the Arizona Mobility Test Center (AMTC), expanding its availability for industry vehicle testing. Operated by Intertek Transportation Technologies under a multi-year agreement, AMTC will support various automotive companies while Toyota maintains its testing operations. This initiative aims to generate additional revenue for continuous facility improvements. Located in Wittman, Arizona, AMTC encompasses 11,650 acres and offers extensive testing surfaces. Toyota also commits to community support through donations for STEM education and food security programs.

Toyota is committed to sustainable development and aims for carbon neutrality by 2050 as outlined in its 2021 North American Environmental Report. Key initiatives include expanding vehicle electrification with the launch of the Toyota bZ4X SUV, entering a power purchase agreement for renewable energy, and significant water conservation efforts. The report highlights a recycling rate of 93.2% and financial contributions to environmental projects, such as a $150,000 donation to the World Wildlife Fund. These actions are part of Toyota's long-term environmental strategy and commitment to reducing its carbon footprint.