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.
Toyota introduces the 2022 Highlander Hybrid Bronze Edition, featuring a distinct design exclusive to the hybrid lineup. This edition includes options for front-wheel drive and all-wheel drive, with unique bronze accents and premium features like hands-free liftgate and rain-sensing wipers. The Highlander Hybrid boasts an estimated 36 combined MPG and retains cargo space due to its compact battery pack. Enhanced warranty coverage includes 10 years/150,000 miles on the hybrid battery. Sales are expected to start later in 2021, with pricing between Hybrid XLE and Limited models.
Toyota launched the Clean Assist program in California, enabling eligible Prius Prime and RAV4 Prime owners to charge their vehicles with 100% renewable energy at no cost. Through the Toyota App, users can track their electricity usage, and Toyota will match it with California-sourced Renewable Energy Certificates (RECs). This initiative supports California's goal of reducing GHG emissions and facilitates the generation of LCFS credits to promote further electrification. Toyota has a significant presence in the U.S., employing over 36,000 people and manufacturing more than 30 million vehicles.
Toyota's 2021 Supra 3.0 Premium has been awarded the Performance Vehicle of Texas at the Texas Auto Roundup. The car boasts a robust 384 horsepower and can accelerate from 0-60 mph in just 3.9 seconds. With its enhanced safety features, including a Driver's Assist Safety Package, it impressed journalists at the event, which included evaluations of 35 vehicles. This model continues Toyota's legacy in automotive excellence, offering superior performance, agility, and a striking design.
On May 18, 2021, Toyota announced the upcoming launch of the next-generation 2022 Toyota Tundra, showcasing its commitment to innovation in the truck segment. The company emphasizes its longstanding presence in North America, with over 60 years of operation, 14 manufacturing plants, and a workforce exceeding 47,000. In 2018, Toyota sold 2.8 million vehicles across North America, highlighting its significant market impact. For more details on the Tundra, visit their website.
On May 17, 2021, Intertrend announced its latest campaign, Make Noise Today: Recipe for Change, featuring chef Eddie Huang and other notable chefs. This initiative aims to support Asian American chefs during COVID-19 by providing meals to essential workers and impacted communities in New York, Los Angeles, and San Francisco. The campaign includes a series of videos that showcase the chefs' stories and their connection to food, and aligns with Toyota's commitment to the AAPI community, highlighted by a $1 million donation to support local organizations.
Toyota announces a groundbreaking commitment of nearly $5 million to support Team USA's Paralympic athletes as they prepare for the Tokyo 2020 and Beijing 2022 Games. This funding includes a $3,000 stipend for eligible athletes and sponsorship opportunities for those selected for the U.S. Paralympic Team. By partnering with the USOPC, Toyota aims to enhance awareness and support for Paralympic athletes, showcasing their achievements on a global platform. This initiative reflects Toyota's commitment to mobility and inclusivity.
Toyota Motor North America (TM) is addressing COVID-19 vaccination accessibility challenges for homebound Americans by providing over 50 vehicles and grant funding to various nonprofit organizations across 13 states. This initiative, aimed at assisting around 4 million people, includes collaboration with AARP and UnidosUS for transportation and educational outreach. The program focuses on improving vaccination access for older adults and multicultural communities, featuring a $1 million grant for bilingual education efforts. This builds on previous support for e-learning and food assistance programs.
Toyota is advancing its electrified future, aiming for battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs) to represent 15% of its U.S. sales by 2030. By then, 70% of the combined sales of Toyota and Lexus will be electrified. Globally, the company plans to sell around 8 million electrified vehicles, including 2 million BEVs and FCEVs. Toyota's extensive experience in hybrid technology has saved 139 million tons of greenhouse gases. The company encourages consumer choice and regulatory support for diverse environmentally friendly vehicles.
Toyota Motor North America has been announced as the Official Vehicle Partner for the BIG3's fourth season. The partnership includes the return of the RAV4-Point Shot and interactive activations for fans to experience Toyota's vehicle lineup. BIG3 co-founders Ice Cube and Jeff Kwatinetz expressed their enthusiasm for Toyota's support, highlighting the significance of sports and fan engagement. Toyota's commitment to enhancing the fan experience is emphasized by their history in North America, where they employ over 47,000 people.
Toyota, in collaboration with TRD, has unveiled the Next Gen TRD Camry, set to debut in the 2022 NASCAR Cup Series. This innovative vehicle represents enhanced safety and performance, showcasing Toyota's commitment to evolving racecar technology. The TRD Camry closely resembles its production counterpart, marking a significant development since the 2013 model. With a history of 155 NASCAR wins since 2007, Toyota aims to maintain its competitive edge in motorsports. The TRD Camry will make its racing debut at Daytona International Speedway on February 20, 2022.