Business, Technology, Equipment, Fuel

Kenworth, Toyota Join Forces to Reduce Emissions at California Ports

Kenworth, Toyota One of the Class 8 trucks that will run using hydrogen fuel cells on display at the event. (Truck PR/Flickr)

LOS ANGELES — Kenworth Trucks joined forces with several allies April 22 in the battle against greenhouse gases, unveiling three of 10 Class 8 trucks that will run using hydrogen fuel cells developed by Toyota.

Jim Stinson | Staff Reporter
April 23, 2019
Business, Technology

Toyota Sees Electric Cars ‘Down the Road,’ but Future is Now for VW

Toyota Tomohiro Ohsumi/Bloomberg News

Toyota Motor Corp. may have kicked off the green-car movement with its Prius hybrid more than 20 years ago, but the company is not nearly as bullish as rivals about the American consumer embracing EVs.

David Welch and Chester Dawson | Bloomberg News
April 17, 2019
Business, Technology, Logistics, TCA

Toyota Boosts Investment in US Manufacturing to $13 Billion, Adds Another 600 Jobs

Toyota Stefan Wermuth/Bloomberg News

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.

Benjamin Raven |, Walker, Mich.
March 15, 2019
Government, Business, Logistics

US Tariffs Could Wreak Havoc on Auto Industry, Toyota President Says

Toyota 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.

Christoph Rauwald | Bloomberg News
February 21, 2019
Business, Technology, Equipment, TCA

Toyota Acquires Chicago-based Hoist Liftruck

Hoist Hoist Liftruck Manufacturing

Toyota Industries North America has acquired Chicago-based Hoist Liftruck Manufacturing. The company will be renamed Hoist Material Handling.

The Times | Munster, Ind.
February 19, 2019
Business, Technology, Equipment

Mainstream Car Models More Dependable Than Luxury Brands, Survey Shows

Toyota 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.

Alexandra Semenova | Bloomberg News
February 13, 2019
Business, Technology, Equipment, Fuel

Kenworth, Toyota Partner to Develop 10 Hydrogen-Electric Trucks

Kenworth and Toyota showcased a hydrogen-electric tractor 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.

Seth Clevenger | Managing Editor, Features
January 10, 2019
Business, Technology, Autonomous

Toyota Invests $500 Million in Uber

Uber sign 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.

Eric Newcomer | Bloomberg News
August 27, 2018
Government, Business

Toyota Logs Record Quarterly Profit, Cuts Full-Year Sales Outlook

Toyota showroom 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.

Associated Press
August 3, 2018
Business, Technology, Equipment, Autonomous, TCA

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.

Tyrel Linkhorn | The Blade (Toledo, Ohio)
May 4, 2018