Toyota pours another $500M into electric air taxi startup Joby Aviation
Toyota is doubling down on Joby Aviation with a $500 million investment into the California-based company that's developing electric air taxis. Toyota's total investment in Joby, which includes a $394 million capital injection back in 2020, is now $894 million.
Toyota says built extra stock in anticipation of US port strikes
Toyota Motor North America said on Tuesday it had built extra inventory of vehicles and parts ahead of the U.S. port strikes, which began earlier in the day.
Why Investors Slammed the Brakes on Toyota Stock Today
The U.S. government's traffic safety agency detailed the automaker's latest recall. This affects tens of thousands of its recent-model Corolla Crosses.
Toyota to recall over 42,000 vehicles over loss of power brake assist, NHTSA says
Toyota Motor Corp is recalling over 42,000 U.S. vehicles over loss of power brake assist that can extend the distance required to stop, the National Highway Traffic Safety Administration said on Friday.
Toyota global output falls for 7th straight month in August
Toyota Motor's global production fell 11% in August, declining for a seventh straight month, dragged lower by a typhoon and a certification scandal in Japan and a pause in output for two sport utility vehicles in the United States.
Toyota Turns to Buyback as Stock Falters
24/7 Wall St. Insights Toyota Motor Corp. (NYSE: TM) stock has underperformed the S&P 500 this year.
Toyota expands share buyback plan to reflect share drop
Toyota Motor on Tuesday increased its share buyback plan through April 30 to up to 1.2 trillion yen ($8.31 billion) from 1 trillion yen in view of the latest share price.
Toyota cheated on forklift engine emissions, lawsuit in US claims
Toyota has been sued in a proposed U.S. class action accusing the Japanese automaker of emissions cheating in nine engines for its forklift trucks.
Toyota Motor Corporation (TM) Increases Despite Market Slip: Here's What You Need to Know
In the most recent trading session, Toyota Motor Corporation (TM) closed at $184.07, indicating a +0.33% shift from the previous trading day.
Why FuelCell Energy Stock Jumped 9% Today
Toyota is partnering with a Turkish bus maker to produce fuel cell buses. Toyota already partners with FuelCell Energy to produce hydrogen for Toyota vehicles.
Why Toyota Motor Corporation (TM) Outpaced the Stock Market Today
Toyota Motor Corporation (TM) concluded the recent trading session at $176.18, signifying a +0.85% move from its prior day's close.
Toyota Dials Back Battery Electric (BEV) Production Plans, Strengthening Global Leadership
Toyota's multi-pathway strategy, including BEVs, hybrids, and fossil fuel engines, aligns with consumer preferences and reduces emissions more effectively than pure BEV approaches. Despite a 30% share price drop due to temporary issues, Toyota's strong balance sheet, growing revenue, and consistent dividends make it a solid investment. Seeking Alpha's Quant rating upgraded Toyota to "strong buy" due to improved valuation and attractive dividend yield, ranking it second among 29 automakers.
