The Latest Breaking News from TM

Toyota Motor Corp (NYSE:TM) plans to invest $383 million in four of its U.S. manufacturing plants building new Toyota and Lexus vehicles. The new investment is aimed at supporting the production of four-cylinder engines, including options for hybrid electric vehicles, at its Alabama, Kentucky, Missouri, and Tennessee plants. "Toyota customers want vehicles that…

Toyota Motor Corp (NYSE:TM) looks to launch a sport utility vehicle version of its Crown sedan for Japan, China, and North America, Reuters reports. The SUV, likely to come in a hybrid, plug-in hybrid, and full-electric models, looks to bring the 67-year-old Crown more with market trends. The hybrid will likely be…

Toyota Motor Corp (NYSE:TM) unit Woven Planet is promoting autonomous driving technology without expensive sensors like lidars, Reuters reports. Woven Planet used cameras that are 90% cheaper than sensors and conveniently installed in passenger car fleets, which could help drive down costs and scale up the technology. Toyota would still use multiple…

The continuing hybrid working trends and rapid digitization across businesses are expected to bolster the growth of the computer hardware industry. In addition, rising investments in smart-city projects around the globe could further fuel the overall demand for computer hardware. Therefore, fundamentally strong computer hardware stocks Toshiba (TOSYY), Lenovo Group…

“We’re family, we’re gonna be doing lots of dumb stuff together. Wait ‘til Christmas!” Released in 1995, “Tommy Boy” wasn’t a huge hit at the box office (although it was profitable) or with critics. The movie garnered a cult-like following and is one of the most quotable movies of the 1990s…

Toyota Motor Corp (NYSE:TM) reported March 2022 U.S. sales of 194,178 vehicles, down 23.5% on a volume and down 26.3% on a daily selling rate (DSR) basis Y/Y. For Q1 of 2022, Toyota Motor North America posted sales of 514,592 vehicles, down 14.7% on a volume basis and down 15.8% on a DSR…

Toyota Motor Corp (NYSE:TM) has unveiled its first-ever 2023 GR Corolla. The all-new addition to Toyota's lineup of sports cars brings the performance, handling, and functionality that hot hatch fans like. Powered by the lightweight, compact G16E-GTS turbo-charged, direct/port-injected three-cylinder engine, GR Corolla delivers 300 hp and 273 lb.-ft. of torque. The G16-E…

Toyota Motor Corp (NYSE:TM) Board of Directors has authorized ¥100 billion to repurchase up to 80 million shares, representing 0.58% of issued shares, excluding treasury stock. The shares buyback plan will commence on March 24, 2022, and is valid until May 10, 2022. The company disclosed in a regulatory filing that it is…

Toyota Motor Corp's (NYSE:TM) Toyota Motor North America has partnered with ChargePoint Holdings Inc (NYSE:CHPT) for EV charging solutions. Toyota is in preparation for launching its all-new 2023 bZ4X battery electric SUV later this year. bZ4X customers will have the option to purchase a ChargePoint Home Flex Level 2 charger for home charging. The home…