Toyota Motor Stock Price, News & Analysis

Toyota has partnered with Venezuelan singer Danny Ocean as the presenting sponsor for his 'Reflexa' North American tour. The tour, which began last week, covers major U.S. and Canadian cities, featuring Ocean's new tracks and popular hits. Toyota's involvement includes the Toyota Music Den, an interactive fan zone at select concerts offering vehicle activations and giveaways. The GR86 is highlighted as the tour's featured vehicle.

Steve Appelbaum, Sr. Manager of Sponsorship Integration at Toyota, expressed excitement about the partnership, emphasizing Toyota's commitment to music discovery and authentic guest connections. The collaboration aims to enhance the fan experience through behind-the-scenes content and opportunities to discover new music via Toyota Latino social media channels. The tour also showcases performances by other emerging Latin artists at select venues.

Toyota USA Foundation's Driving Possibilities initiative is investing up to $5.8 million over five years in Lee County and Pontotoc City Schools in Northeast Mississippi. The grants aim to provide students and teachers with innovative tools and programs for STEM education and English language learning. This investment is part of Toyota's national approach to workforce readiness and community engagement, focusing on creating equal access to opportunities and pathways to high-growth careers.

The initiative will embed STEM programming into everyday curriculum at the middle school level in Lee County Schools and launch a Newcomer Program for English-language learners in Pontotoc City Schools. To date, nearly $72 million has been announced through multi-year grants across nine sites in the U.S. as part of the Driving Possibilities initiative.

Toyota celebrates 25 years of the Highlander with a edition model. The Highlander 25th Edition is based on the Hybrid AWD grade and features:

• Unique exterior with new Heavy Metal color option
• Portobello leather interior with 25th Edition logos
• Premium features like JBL audio and 12.3-inch displays
• Hybrid powertrain with Electronic On-Demand AWD
• to 2,500 units for the U.S. market

The 2025 Highlander lineup includes five hybrid and five 2.4L turbo grades, starting at $39,520 for the LE FWD model. Highlander has sold nearly 3.6 million units in the U.S. since its 2001 debut as Toyota's first midsize unibody SUV.

Toyota has unveiled updates for the 2025 Sienna minivan, introducing new features and technology enhancements. Key highlights include:

• New Advanced Rear Seat Reminder system using radar to detect movement in rear seats
• Vacuum and FridgeBox added to Platinum trim, optional on
• Updated interior with new seat designs, materials, and console finishes
• Latest Toyota Audio Multimedia system with 12.3-inch touchscreen available
• 12.3-inch digital gauge cluster added to higher trims
• New wheel designs for Woodland Edition and Platinum grades
• Magnetic Gray Metallic exterior color added to most trims

The 2025 Sienna retains its hybrid powertrain, offering up to 36 MPG combined for FWD models. Pricing starts at $39,185 for the LE FWD model, with availability expected in Fall 2024.

Toyota's Prius has set a new GUINNESS WORLD RECORD™ for the lowest fuel consumption driving across the U.S. Hypermiler Wayne Gerdes achieved an impressive 93.158 MPG combined fuel economy average on a 3,211.7-mile journey from Los Angeles to New York City. This feat showcases the Prius' efficiency in various terrains and weather conditions, including mountain elevations up to 7,000 feet and temperatures exceeding 105 degrees.

The latest Prius generation, launched in 2023, offers up to an EPA-estimated 57 MPG combined and boasts 194 horsepower. This world record marks the 30th industry award for the new-generation Prius, adding to accolades like Car and Driver's 10Best and MotorTrend Car of the Year. Toyota (NYSE:TM) continues to lead in electrified vehicles, offering 30 electrified options and planning to open its 10th U.S. plant in North Carolina by 2025 for automotive battery production.

Toyota Motor North America has unveiled an NFL-themed campaign as the 'Official Automotive Partner of the NFL'. The campaign, titled 'We Roll Deep', features Team Toyota Athletes including Eli Manning, Brock Purdy, Puka Nacua, Christian Gonzalez, Michael Pittman Jr., and Kyle Hamilton. It will debut on September 5 during the Baltimore Ravens vs Kansas City Chiefs game.

Key elements of the campaign include:

• Toyota's Gameday Giveaway: An in-game fan engagement feature offering prizes like NFL tickets and a 2025 Toyota Land Cruiser
• A social media campaign honoring Latino heritage in football
• Collaboration with 'The Mina Kimes Show featuring Lenny' to discuss diversity in football
• Toyota's role as Presenting Partner of NFL Flag tournaments

This initiative builds on Toyota's 67-year legacy in grassroots football support and aims to bring fans closer to the game through various content formats and experiences.

Toyota USA Foundation has announced grants of up to $8.6 million to support STEM education in Fulton County Schools (FCS) in Georgia. This five-year initiative, part of Toyota's Driving Possibilities program, aims to prepare students for future STEM careers. The funding will focus on three key areas:

1. Expanding services at Student and Family Engagement (SAFE) Centers
2. Integrating STEM learning with Career, Technical, and Agricultural Education (CTAE) curriculum
3. Providing STEM-specific professional development for educators

The initiative is funded by Toyota USA Foundation, Toyota Motor North America (TMNA), and Toyota Financial Services (TFS). It builds on Toyota's 65-year history of community support across the U.S. and is the company's largest and most comprehensive education program to date.

Toyota Motor North America (TMNA) has announced significant executive leadership changes at TRD, U.S.A. (Toyota Racing Development). David Wilson, the current president of TRD, will retire on December 16 after a 35-year career with the organization. He will be succeeded by Tyler Gibbs, the current General Manager.

Wilson's tenure at TRD has been marked by numerous championships and iconic race wins across various motorsports disciplines. Gibbs, who has been with TRD for 28 years, will take over as president in late December. In his new role, Gibbs will oversee all TRD operations in North America, including engine and chassis engineering, manufacturing, and facilities management.

Toyota has unveiled the 2025 GR Corolla with a new 8-speed GAZOO Racing Direct Automatic Transmission (DAT) option, expanding its appeal to both manual and automatic transmission enthusiasts. Key updates include:

- Increased engine torque from 273 lb.-ft. to 295 lb.-ft.
- Enhanced suspension for improved stability and cornering
- Redesigned front bumper for better cooling and aerodynamics
- New Premium Plus grade with carbon fiber roof and vented hood
- Launch control for DAT models
- Front and rear Torsen -Slip Differentials as standard

The GR Corolla retains its 300 horsepower output and GR-FOUR All-Wheel-Drive system. It will be available in three grades: Core, Premium, and Premium Plus, with deliveries expected in Winter 2024.