Toyota exhausts U.S. tax credits for EV purchasers
The company said Friday that it sold 3,876 plug-in hybrid and electric cars in June. The U.S. allows automakers to offer a $7,500 tax credit to buyers of fully or partly electric cars, but only up to 200,000 per company......»»
Toyota sales rise 14%; Honda edges up; Hyundai, Kia slip in April
U.S. light-vehicle sales are expected to drop about 2 percent in April, reflecting one less selling day than a year earlier and weaker fleet shipments, analysts say......»»
Toyota establishes North American hydrogen business headquarters in Los Angeles
The H2HQ facility will do R&D, commercialization and sales for hydrogen fuel cell products......»»
Toyota names Jack Hollis, Chris Reynolds to new jobs under Ogawa
Toyota restructures its top North American management, splitting responsibilities between Jack Hollis and Chris Reynolds, with both reporting to CEO Ted Ogawa......»»
Why Honda chose Canada for its $11 billion EV hub
Taking advantage of production subsidies offered by the U.S. may have put the company ahead financially, but Canada’s tax credits came with no uncertainty......»»
Toyota will spend $1.4 billion to build electric 3-row SUV in Indiana
This is a different new 3-row EV from the one Toyota will build in Kentucky. Enlarge / This Toyota factory in Indiana is getting a $1.4 billion investment so it can assemble a new three-row electric SUV for the automaker. (credit.....»»
Toyota invests $1.4 billion in Indiana plant for large EV
The investment will add 340 jobs and a new battery pack assembly line, but details signal that either the Toyota Sienna or Toyota Highlander will become a full EV in 2026......»»
2024 Toyota Tacoma"s hybrid boosts performance, price by $3,700
On sale later this spring, the 2024 Toyota Tacoma's optional i-Force Max powertrain boosts power to 326 hp, fuel economy to up to 24 mpg combined, but also raises price by $3,700......»»
Biden unveils winners of $2 billion in green tax credits
Battery-material maker Novonix, electric vehicle charger manufacturer Wallbox and rare earth producer MP Materials Corp. were among about 35 recipients of clean energy tax credits totaling nearly $2 billion that were announced Friday by the Biden adm.....»»
Base "25 Toyota Camry, now hybrid only, gets 50+ mpg and priced below "24 hybrid
Toyota's retooled 2025 Camry features an exclusive hybrid powertrain with fuel economy estimated at 53 mpg city, 50 mpg highway and 51 mpg combined, nearly as good as the Prius......»»
2025 Toyota Camry, now hybrid-only, to close mpg gap with Prius; it"s priced $455 below "24 hybrid
Toyota's reengineered 2025 Camry features an exclusive hybrid powertrain with fuel economy estimated at 53 mpg city, 50 mpg highway and 51 mpg combined......»»
Toyota launches ad campaign for Summer Olympics, Paralympics
The "Start Your Impossible" campaign highlights Olympic and Paralympic athletes and their supporters......»»
Toyota recalls 2023-24 Prius to fix rear door switches
Toyota will recall about 55,000 2023-24 Prius and Prius Prime models in the U.S. beginning in June......»»
Industry can benefit when AI melds with physical world, researcher says
The auto industry can position itself to benefit from the next wave of artificial intelligence advances, said Avinash Balachandran, a senior director at the Toyota Research Institute......»»
2024 Toyota Land Cruiser, 2025 4Runner are similar — but different
The redesigned 2024 Toyota Land Cruiser goes on sale this spring with a higher price and lower volume expectations than the upcoming 2025 Toyota 4Runner, due late this year. Toyota admits there will be some overlap......»»
Toyota"s building boom: Lexus R&D center, test tracks, a basketball arena and a headquarters tower
Toyota is undergoing a building boom in Japan, investing billions in new facilities that will arm the world's biggest auto manufacturer with new technologies and better facilities to compete in the age of electrification, software defined vehicles an.....»»
Chevrolet, Toyota, Infiniti, Nissan and Hyundai dealerships change hands
Two transactions involved auto retailers ranked on Automotive News' list of the top 150 dealership groups based in the U.S......»»
Corporate climate pledge weakened by carbon offsets move
The world's main benchmark for vetting corporate climate action has been accused by its own staff of "greenwashing" after allowing businesses to use carbon credits to offset pollution from their value chains......»»
In exchange for a lunar rover, Japan will get seats on Moon-landing missions
Japan is making a significant commitment to the US-led Artemis program. Enlarge / Artist's illustration of a pressurized lunar rover design conceived by Toyota and the Japan Aerospace Exploration Agency. (credit: Toyota/JAXA).....»»
Toyota Ventures raises $300 million more for early-stage investments
Two new funds, Toyota Ventures Frontier Fund II and Toyota Ventures Climate Fund II, will help the firm deepen its global investing footprint......»»
2025 Toyota 4Runner off-roader ready to rumble after modern makeover
Toyota's redesign of the 2025 Toyota 4Runner SUV melds its ties to its midsize brother, the Toyota Tacoma, with an identical powertrain and a similar interior......»»