Toyota, Honda Join Growing Corporate Retreat From Russia
Japan’s biggest carmakers joined the widening global corporate pullback from Russia, following the likes of Ford Motor Co. and Exxon Mobil Corp., which have chosen not to do business there after the invasion of Ukraine.
Toyota to Resume Japan Production After Supplier Cyberattack
Toyota Motor Corp. will resume work at all its Japanese factories March 2 after a one-day shutdown, limiting the fallout from a cyberattack on one if its key suppliers.
Toyota Idles All Japan Plants Due to Supplier System Outage
Toyota Motor Corp. will suspend output at all of its Japan factories on March 1 following disruptions to a supplier’s systems, marking another setback for the world’s top auto producer.
Toyota North America Plant Disruptions Drag Into Second Week
Toyota Motor Corp.’s North America operations continue to be disrupted after protests closed off the Ambassador Bridge linking the U.S. and Canada, hurting production at several of the automaker’s plants in the region.
Toyota’s Auto Sales Sag on Chips Crunch
TOKYO — Toyota’s profit slipped nearly 6% last quarter, the Japanese automaker said Feb. 9, highlighting the headwinds automakers are facing in a computer chips crunch caused by the coronavirus pandemic.
May Mobility Raises $83 Million for AV Shuttle
May Mobility Inc., a self-driving shuttle startup backed by the venture arms of Toyota Motor Corp. and BMW AG, raised $83 million in its largest funding round to date.
Toyota Halts Work at Some Plants Amid COVID Disruptions
Toyota Motor Corp. expanded the idling of its automobile production as rising COVID-19 cases impact its suppliers and operations in Japan.
GM Loses Spot Atop US Car Market to Toyota
For the first time since 1931, General Motors Co. isn’t the top-selling automaker in the U.S. The Detroit-based company lost its crown to Japanese rival Toyota Motor Corp., which boosted sales 10% last year despite a 28% decline in the fourth quarter.
M&K Truck Centers Appoints Josh Wolf COO
M&K Truck Centers, with locations in four states, named Josh Wolf chief operating officer, effective immediately.
December 17, 2021Toyota to Offer 30 New EVs by 2030
TOKYO — Japanese automaker Toyota is beefing up its electric vehicle lineup, offering 30 new fully electric models by 2030, company president Akio Toyoda said Dec. 14.