Toyota
Toyota Unveils RAV4 ‘Darkside’ Concept, Blending Sci-Fi with Reality for Future Mobility
December 27, 2024 – Toyota Motor Corporation has recently announced plans to unveil a special performance edition called the “Darkside” during next year’s Tokyo Motor Show. While the automaker has remained tight-lipped about specific details of the model, they did reveal that the “Darkside” performance edition is a futuristic concept car, showcasing a new look…
Toyota’s Market Value Jumps $20.9 Billion as it Aims to Double ROE to 20%
December 27, 2024 – Toyota Motor Corporation’s stock surged 8.78% at the close of the U.S. stock market on December 26th, resulting in a significant increase of $20.9 billion in market capitalization overnight. According to a report by Nikkei Asia on Wednesday, Toyota is striving to double its return on equity (ROE) target to 20%….
Toyota Faces 10th Consecutive Month of Production Drop, But Sales Are on the Upswing
December 26, 2024 – Despite achieving global sales growth for the second consecutive month driven by strong demand in the United States and China, Toyota Motor Corporation reported a decline in its global production for the tenth straight month in November. The world’s largest automaker produced a total of 869,230 vehicles globally in November, representing…
Toyota to Showcase Pure Electric SUV Urban Cruiser at 2025 Brussels Auto Show
December 13, 2024 – Toyota has unveiled its new compact pure electric SUV, the Urban Cruiser, which is slated to make its debut at the Brussels Auto Show in January 2025. This model, primarily developed for the European market, promises to deliver a unique driving experience. Built on a new dedicated electric vehicle platform, the…
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….