Back in 2017, Toyota said that it would invest at least $10 billion over the course of the next five years in its U.S. manufacturing presence. Now, the Japanese automaker is saying it will exceed that goal in announcing a new commitment of $13 billion in the same timeframe.
March 15, 2019toyota
Business, Technology, Logistics, TCA
Stefan Wermuth/Bloomberg News
Toyota Boosts Investment in US Manufacturing to $13 Billion, Adds Another 600 Jobs
Stefan Wermuth/Bloomberg News
Government, Business, Logistics
The Toyota Motor Corp. logo is displayed at the company's head office in Tokyo, Japan. (Akio Kon/Bloomberg News)
US Tariffs Could Wreak Havoc on Auto Industry, Toyota President Says
The Toyota Motor Corp. logo is displayed at the company's head office in Tokyo, Japan. (Akio Kon/Bloomberg News)
Toyota Motor Corp. President Akio Toyoda called on President Donald Trump to make a “careful and appropriate decision” on whether car imports to the United States are a national security threat, and potentially impose tariffs, to avoid possible ripple effects across the industry.
February 21, 2019
Business, Technology, Equipment, TCA
Hoist Liftruck Manufacturing
Toyota Acquires Chicago-based Hoist Liftruck
Hoist Liftruck Manufacturing
Toyota Industries North America has acquired Chicago-based Hoist Liftruck Manufacturing. The company will be renamed Hoist Material Handling.
February 19, 2019
Business, Technology, Equipment
Patrick T. Fallon/Bloomberg News
Mainstream Car Models More Dependable Than Luxury Brands, Survey Shows
Patrick T. Fallon/Bloomberg News
Prospective buyers planning to splurge on a luxury car may want to reconsider. Mass-market brands now are more reliable than premium models.
February 13, 2019
Business, Technology, Equipment, Fuel
Kenworth and Toyota showcased a hydrogen-electric tractor based on Kenworth's T680 model and branded with both companies’ names at CES. (Seth Clevenger/Transport Topics)
Kenworth, Toyota Partner to Develop 10 Hydrogen-Electric Trucks
Kenworth and Toyota showcased a hydrogen-electric tractor based on Kenworth's T680 model and branded with both companies’ names at CES. (Seth Clevenger/Transport Topics)
LAS VEGAS — Kenworth Truck Co. and Toyota are collaborating to develop 10 hydrogen-electric tractors for drayage operations in the Los Angeles basin, the companies announced.
January 10, 2019
Business, Technology, Autonomous
Eric Risberg/Associated Press
Toyota Invests $500 Million in Uber
Eric Risberg/Associated Press
Toyota Motor Corp. is expanding an alliance with Uber Technologies Inc. through a new investment and a plan to get self-driving cars on the road, a person familiar with the matter said.
August 27, 2018
Government, Business
A Toyota showroom in Tokyo. (Eugene Hoshiko/AP)
Toyota Logs Record Quarterly Profit, Cuts Full-Year Sales Outlook
A Toyota showroom in Tokyo. (Eugene Hoshiko/AP)
TOKYO — Toyota Motor Corp. logged a better than expected performance in the last quarter, reporting Aug. 3 that its quarterly profit jumped 7.2% to a record 657.3 billion yen ($5.9 billion), thanks to strong sales in the United States and other overseas markets.
August 3, 2018
Business, Technology, Equipment, Autonomous, TCA
Stefan Wermuth/Bloomberg News
Toyota to Build Autonomous Vehicle Testing Site in Michigan
Stefan Wermuth/Bloomberg News
Toyota announced plans May 3 to build its own autonomous vehicle testing site within the Michigan Technical Resource Park, a privately operated automotive proving grounds.
May 4, 2018
Business, Technology, Fuel
Shell's Bob Mainwaring and Airflow Truck Co.'s Bob Sliwa with Project Starship. (Mindy Long for Transport Topics)
AirFlow Truck Co., Toyota Highlight Class 8 Technology at Shell’s ‘Make the Future’ Event
Shell's Bob Mainwaring and Airflow Truck Co.'s Bob Sliwa with Project Starship. (Mindy Long for Transport Topics)
SONOMA, Calif. — Equipment manufacturers showcased new fuel-efficient Class 8 tractor technology here during Shell’s “Make the Future” event at the Sonoma Raceway on April 20.
April 23, 2018
Business, Technology, Autonomous, TCA
Toyota
Toyota Talks Self-Driving Cars and the Real Reason the Automaker Suspended Testing
Toyota
When a woman crossing an Arizona street was struck and killed by a self-driving Uber car late last month, it sparked a swift public reckoning over the near-term future of autonomous vehicle testing on public roads.
April 3, 2018Pages
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