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The Latest Breaking News from TM

2 Japanese Auto Giants To Jointly Make New Hybrid SUV In India

Japan’s Toyota Motor Corp (NYSE: TM) said on Friday it will further leverage its global partnership with Suzuki Motor Corp (OTC: SZKMY) to begin production of a new sports utility vehicle

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Toyota Recalls EVs Over Faulty Wheels: WSJ

Toyota Motor Corp (NYSE:TM) recalls 2,700 of its first mass-produced electric vehicles (EVs) on tire safety risks, the Wall Street Journal reported. The auto giant would recall its all-electric 2023 bZ4X SUV after finding fault with bolts that connect the wheels with the vehicle. Related: Toyota Debuts bZ4X SUV Battery Electric Vehicle Toyota…

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Toyota Cuts July Production Citing Parts Shortage

Toyota Motor Corp (NYSE:TM) has cut its July global production plan by 50,000 vehicles due to the parts shortage resulting from the spread of COVID-19. The company expects the global production volume for July to be approximately 800,000 units (250,000 units in Japan and 550,000 units overseas). The auto major has decided to…

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Toyota Stretches Japan Production Cut Citing Chip Shortage

Toyota Motor Corp (NYSE:TM) plans an additional domestic factory line production suspension in June and July. The auto major took the decision citing an auto parts shortage resulting from the spread of COVID-19. The number of units affected by the suspensions will be about 40,000, bringing down the global production plan for June to…

Benzinga

Why Toyota Will Stick To Making Hybrid Cars Amid Growing Calls For EV Transition

Japan’s Toyota Motor Corp (NYSE: TM) has reportedly said it would continue developing and making hybrid and other low-emission vehicles amid shareholder pressure to embrace electric cars.

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Why Aspen Aerogels Shares Are Surging Today

Aspen Aerogels Inc (NYSE:ASPN) stated that the increased visibility to expected order volume for 2022 from General Motors Co (NYSE:GM) and Toyota Motors Corp (NYSE:TM) is driving an updated outlook in thermal barrier revenues from $18 million to a range of $52 million - $62 million, a potential threefold increase in demand versus original expectations. FY22 Outlook,…

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Toyota vs. Honda: Which Stock is a Better Buy?

The growing demand for electric vehicles and increasing car prices should help automakers profit substantially in the near term. Therefore, we think prominent Japanese automakers Toyota Motor Corporation (TM) and Honda Motor Co., Ltd. (HMC) are worth watching. But which of these two companies’ stocks are the better buy now?…

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Toyota Introduces 2023 Corolla Cross Hybrid - Read More For Details

Toyota Motor Corp (NYSE:TM) has unveiled the 2023 Corolla Cross Hybrid in the U.S. to expand options for entry Sports Utility Vehicle customers. The company plans to assemble the 2023 Corolla Cross Hybrid and the 2021 launched gas model at the new Mazda Toyota Manufacturing plant in Huntsville, Alabama. The facility will have…

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Toyota Cuts Production Plan For June Again

Toyota Motor Corp (NYSE:TM) has cut its June global production plan for the second time in a week due to the COVID-19 lockdown in Shanghai. The auto major cut production by 50,000 vehicles and now anticipates producing about 800,000 units in June. It has decided to suspend domestic factory line operations for the week…

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This Auto Giant Cuts Production Plans Citing Parts Shortage - Read More For Details

Toyota Motor Corp (NYSE:TM) plans to cut global production by about tens of thousands of units to roughly 850,000 vehicles in June due to the semiconductor shortage. The auto major expects to produce 9.7 million units for the full period of the fiscal year 2023. The average global production plan from June through…

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Toyota Looks To Develop Hydrogen Mobility In Europe

Toyota Motor Corp's (NYSE:TM) Europe business, Air Liquide SA (OTC:AIQUF), and CaetanoBus have signed a Memorandum of Understanding intending to develop integrated hydrogen transport solutions. The companies will focus on infrastructure connected to distribution and refueling; low-carbon and renewable hydrogen production; and deploying hydrogen in various vehicle types. The initial focus would be on buses, light commercial vehicles,…

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Toyota Launches First Battery Electric Car In Japan: Reuters

Toyota Motor Corp (NYSE:TM) has unveiled its first mass-produced battery electric car in Japan, Reuters reported. The car is being made available for only lease, a strategy the automaker said will ease driver concerns about battery life and resale value. Toyota will lease the bZ4X sport utility vehicles (SUV) at the equivalent of…

Benzinga

Watching Toyota Motor Corps Stock Fall

To showcase the securities lending volatility indicator (SLVI) as a stock market gauge, we show how changes in the SLVI forecasted a -7.21% decline in Toyota Motor Corporation (NYSE: TM) over 11 trading days in the early weeks of April 2022.

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Toyota Invests $383M In US Manufacturing Plants

Toyota Motor Corp (NYSE:TM) plans to invest $383 million in four of its U.S. manufacturing plants building new Toyota and Lexus vehicles. The new investment is aimed at supporting the production of four-cylinder engines, including options for hybrid electric vehicles, at its Alabama, Kentucky, Missouri, and Tennessee plants. "Toyota customers want vehicles that…

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Toyota To Launch SUV Of Revamped Crown Sedan: Reuters

Toyota Motor Corp (NYSE:TM) looks to launch a sport utility vehicle version of its Crown sedan for Japan, China, and North America, Reuters reports. The SUV, likely to come in a hybrid, plug-in hybrid, and full-electric models, looks to bring the 67-year-old Crown more with market trends. The hybrid will likely be…

Benzinga

Toyota Plans 10% Production Cut In May: Nikkei Asia

Toyota Motor Corp (NYSE:TM) has informed suppliers that it plans to reduce global production by 10% in May, Nikkei Asia reported. The report noted the company plans to produce 700,000 vehicles for the month of May. It manufactured 670,000 vehicles last May. The chip shortages have led the automaker to change its…

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Toyota Debuts bZ4X SUV Battery Electric Vehicle

Toyota Motor Corporation (NYSE: TM) has unveiled its all-electric Toyota bZ4X SUV.

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Toyota To Launch Its New Electric SUV On May 12 In Japan

Toyota Motor Corp (NYSE:TM) plans to launch its new electric sports utility vehicle (SUV), bZ4X BEV, on May 12 in Japan. The battery-electric vehicle (BEV) dedicated platform is a first for Toyota. It aims to offer power efficiency (128Wh/km), a cruising range for practical driving of 559 km, and a battery retention ratio…

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Toyota Adds New Jobs As EV Production Kicks Into High Gear

Toyota Motor Corp (NYSE:TM) said its North America division plans to boost electric vehicles production by adding 220 new positions to its Production Engineering Division. The new positions will serve as the go-between for design and manufacturing. The new jobs will be located in Georgetown and across Toyota's other manufacturing facilities in North America. …

Benzinga

Like Tesla, Toyota Motor Looks To Develop Autonomous Driving Tech With Cheaper Cameras

Toyota Motor Corp (NYSE:TM) unit Woven Planet is promoting autonomous driving technology without expensive sensors like lidars, Reuters reports. Woven Planet used cameras that are 90% cheaper than sensors and conveniently installed in passenger car fleets, which could help drive down costs and scale up the technology. Toyota would still use multiple…

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3 Computer Hardware Stocks That Are Fantastic Deals

The continuing hybrid working trends and rapid digitization across businesses are expected to bolster the growth of the computer hardware industry. In addition, rising investments in smart-city projects around the globe could further fuel the overall demand for computer hardware. Therefore, fundamentally strong computer hardware stocks Toshiba (TOSYY), Lenovo Group…

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'God, We Were Lucky': Ford CEO Shares Family Tidbit About Chris Farley And 'Tommy Boy'

“We’re family, we’re gonna be doing lots of dumb stuff together. Wait ‘til Christmas!” Released in 1995, “Tommy Boy” wasn’t a huge hit at the box office (although it was profitable) or with critics. The movie garnered a cult-like following and is one of the most quotable movies of the 1990s…

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Toyota US Sales Decline 14.7% In Q1; EVs Constitute Quarter Of Volume

Toyota Motor Corp (NYSE:TM) reported March 2022 U.S. sales of 194,178 vehicles, down 23.5% on a volume and down 26.3% on a daily selling rate (DSR) basis Y/Y. For Q1 of 2022, Toyota Motor North America posted sales of 514,592 vehicles, down 14.7% on a volume basis and down 15.8% on a DSR…

Benzinga

Toyota Motor Debuts 2023 GR Corolla

Toyota Motor Corp (NYSE:TM) has unveiled its first-ever 2023 GR Corolla. The all-new addition to Toyota's lineup of sports cars brings the performance, handling, and functionality that hot hatch fans like. Powered by the lightweight, compact G16E-GTS turbo-charged, direct/port-injected three-cylinder engine, GR Corolla delivers 300 hp and 273 lb.-ft. of torque. The G16-E…

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Toyota Stock Gains On New Buyback Plan

Toyota Motor Corp (NYSE:TM) Board of Directors has authorized ¥100 billion to repurchase up to 80 million shares, representing 0.58% of issued shares, excluding treasury stock. The shares buyback plan will commence on March 24, 2022, and is valid until May 10, 2022. The company disclosed in a regulatory filing that it is…

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