Toyota
Hyundai and Toyota Join Forces to Boost Racing Culture, Toyoda Wows with Drift Display
October 28, 2024 – Hyundai Motor and Toyota Motor co-hosted the inaugural “Hyundai N x Toyota GAZOO Racing Festival” in South Korea on the 27th, aiming to jointly promote the development of racing culture. For the first time, Hyundai Motor’s Chairman Chung Euisun and Toyota Motor’s Chairman Akio Toyoda appeared together on stage. The latter…
Toyota Chairman Warns: Full EV Shift Could Lead to Massive Job Cuts in Japan
October 11, 2024 – According to Reuters, Toyota Chairman Akio Toyoda expressed concerns today during the unveiling of a bust of his father, Kiichiro Toyoda, at Nagoya University. He warned that the shift towards a pure electric vehicle future could result in significant job losses for the Japanese population, affecting not only those directly employed…
Toyota Prius Sets New Guinness Record with 2.52L/100km Fuel Efficiency
September 13, 2024 – The Autopian, a leading automotive media outlet, reported on September 12th that an unmodified Toyota Prius, the fifth generation model, has set a new Guinness World Record. Under the skilled hands of Wayne Gerdes, the hybrid vehicle achieved an impressive combined fuel economy average of 93.158 miles per gallon (equivalent to…
Japan Boosts EV Battery Production with $2.4 Billion Subsidy Plan for Toyota, Nissan
September 07, 2024 – The Japanese government has announced today, according to Reuters, its plan to bolster the country’s battery supply chain by offering additional subsidies for the production of electric vehicle batteries. This move includes a commitment to provide up to $2.4 billion in support for related projects by Toyota and other major companies,…
Toyota & BMW Forge Comprehensive Partnership in Fuel Cell Vehicles and Hydrogen Infrastructure
August 27, 2024 – In a groundbreaking move, Toyota Motor Corporation and BMW Group have announced the establishment of a comprehensive partnership centered around fuel cell vehicles (FCVs), marking a significant shift in the automotive industry’s pursuit of sustainable transportation. Under this collaboration, Toyota will assume the role of supplying critical components such as hydrogen…
Toyota Brazil Introduces Bulletproof Retrofit for Corolla Amid Rising Violent Crime
August 15, 2024 – Typically, when one thinks of bulletproof cars, images of large SUVs like the Cadillac Escalade or luxury sedans such as the BMW 7 Series might spring to mind. However, Brazilian consumers now have the option to enjoy the same level of security in a much more accessible vehicle: the Toyota Corolla….
Toyota Faces Legal Action in US Over Alleged Hydrogen Market Monopolization
August 05, 2024 – Toyota Motor Corporation has recently been embroiled in a class-action lawsuit in the United States, accused of anti-competitive practices that have monopolized the hydrogen fuel cell vehicle market in California. The alleged actions have led to skyrocketing hydrogen fueling costs for consumers and wasted millions of dollars in taxpayer funds invested…
Over 100 Experts Warn: Toyota’s Hydrogen Cars Could Tarnish Olympics’ Image
July 24, 2024 – As the 2024 Paris Olympics draw near, a controversy has erupted over the choice of official vehicles. A group of 120 scientists, engineers, and scholars have penned an open letter urging the Olympic organizers to reconsider their decision to use Toyota’s Mirai as the official car. Their concern? The hydrogen-powered vehicle…
Toyota Overseas Sales Hit New Heights, China Market Falls 14%
June 28, 2024 –Despite facing challenges in key markets, Toyota Motor Corporation has announced a modest increase in global sales for the month of May. The Japanese automaker, including its Lexus brand, sold 840,000 vehicles worldwide, marking a slight year-on-year rise. Among these, overseas sales accounted for a significant portion, reaching 738,610 units, representing a…
Boosting Talent Pool: Toyota Considers Weekly 4-Day Schedule
June 28, 2024 –Toyota Motor Corporation is exploring a potential shift in its work culture, considering a four-day workweek for employees as a means to attract top talent, sources have revealed. If negotiations with labor unions are successful, the initiative could be implemented this year. This transformative policy could positively impact Toyota’s human resources strategy,…