The Latest Breaking News from TM

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…

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.

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…

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,…

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…

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.

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…

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…

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…