Toyota News
As head of the family being honored with the Automotive News Centennial Award, Toyota Motor Chairman Akio Toyoda explains the journey in a lenghthy interview published this week. Akio reflects on a range of topics, from key turning points in Toyota’s history to the outlook for future investment in the U.S. market and his thoughts on tomorrow’s Toyota EV sports cars.
Toyota Chairman Akio Toyoda traces his family's role in the company and the future of electric vehicles and sports cars.
Toyota chairman reflects on his family’s game-changing contributions to the global auto industry as Automotive News salutes the founding family with a Centennial Award.
The proposal values Toyota Industries, which makes looms for textile manufacturing as well as parts for Toyota’s cars, at ¥6 trillion ($42 billion), Bloomberg reported.
Toyota hasn’t disclosed the amount of the factory investment, but Japanese and Shanghai media have put it at around $2 billion and say the plant may lower production costs by as much as 20 percent.
The House of Representatives plans to vote next week on a Republican plan to repeal the Biden administration’s approval of California’s plan to end the sale of gasoline-only vehicles by 2035.
Toyota will invest $88 million in its component plant in West Virginia for next-generation hybrid axles.
A zigzag slash cuts down the side of the reimagined Lexus ES, which is the Japanese premium marque’s bestselling car in the U.S. and will now be offered as a full battery electric.
Our story today explains the insidious nature of the tariffs on steel and aluminum — and the cumulative effect they are having on the companies that make automotive parts and components.
Toyota originally planned to export the new RAV4 to the U.S. from Canada and Japan but it is now also considering production in Kentucky as one option, sources told Reuters.
