Toyota
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,…
Toyota Follows Tesla’s Lead, Opens Lexus Charging Stations to All EVs
June 25, 2024 – Toyota, despite its slow transition towards electric vehicles, seems to be taking cues from the industry giant Tesla. The automaker has announced that it will open up its luxury brand Lexus’ charging stations to all electric vehicles in Japan, mirroring Tesla’s practice in the US and globally. It’s noteworthy that Lexus…
Toyota, Honda, Mazda Executives Bow in Apology Over Car Certification Fraud
June 04, 2024 – Following a series of investigations prompted by previous irregularities at Daihatsu Industrial Co., the Ministry of Land, Infrastructure, Transport, and Tourism (MLIT) of Japan announced on June 3rd that it had conducted an investigation into 85 automakers to assess whether there were any irregularities in their mass production certification applications. The…
Why Are Japanese Cars Losing Ground? Toyota Faces Major Sales Declines in Japan and China
June 03, 2024 – Amidst intensifying competitive pressures, Toyota, the world’s leading automotive manufacturer, is facing a significant downturn in its vehicle sales. Recent data reveals that in April, the company’s global production slipped to 756,254 units, marking a 4% year-on-year decline. Simultaneously, global sales also edged down to 797,097 units, maintaining a three-month streak…
Toyota Achieves Record-Breaking Global Production in November 2023
December 28, 2023 – Toyota Motor Corporation has recently unveiled its global automotive production figures for the month of November. Reportedly, Toyota achieved a historic milestone in November by producing a record-breaking 926,600 vehicles worldwide in a single month. This achievement marks an all-time high in Toyota’s monthly production history. From January to November this…
Toyota’s $8 Billion Investment Boosts Electric Vehicle Battery Production in North Carolina
November 01, 2023 – Toyota, on Tuesday, announced an $8 billion expansion of its electric vehicle battery manufacturing facility in North Carolina, USA, along with the addition of approximately 3,000 new job positions, in a move to accelerate the electrification of its product lineup. Toyota aims to offer electrification options for all its vehicle models…
Toyota’s MR2 Revival: A Petrol-Powered Sports Car Resurgence
October 13, 2023 – Toyota’s Resurgence of the MR2 Sports Car Reports from the Japanese automotive media outlet, Best Car, have set car enthusiasts buzzing with excitement. According to credible sources, Toyota is seriously contemplating a revival of the iconic MR2 sports car. Interestingly, this rebirth will stay true to its petrol-powered roots and steer…