toyota Archives — Page 4 of 9 — City Business News

November 22, 2021 No Responses

Toyota Nigeria Unveils New Corolla

By ebosele@hotmail.com — Toyota Nigeria Limited (TNL) has unveiled new Corolla sedan for the nation’s market. The new Corolla was the only new vehicle (model) unveiled at the just concluded 2021 Abuja auto fair. Toyota Nigeria also used the opportunity to introduce...

October 16, 2021 No Responses

Toyota Cuts Global Production Plan By 15%

Toyota Motor Corporation on Friday cut its planned global output for November by as much as 15% due to ongoing chip shortages, but indicated it would ramp up production from December by sticking to its latest full-year production target.Japan’s lead...

October 3, 2021 No Responses

Toyota Outsells GM In Nine Months

Japanese automaker, Toyota Motor Corporation outsold General Motors Co in the United States for the first nine months of 2021 as the Detroit automaker grappled with production problems stemming from the semiconductor chip shortage.Toyota du...

September 29, 2021 No Responses

Toyota Acquires Renovo

Toyota Motor Corporation Silicon Valley research arm has acquired automotive operating system software company Renovo to help accelerate the development of fully autonomous connected vehicles.“I am hoping to shave off years and months to our minimum via...

September 8, 2021 No Responses

Toyota Votes $13.5b To Develop Electric Vehicle Battery

Toyota Motor Corp said on Tuesday it expects to spend more than $13.5 billion by 2030 to develop batteries and its battery supply system – a bid to lead in the key automotive technology over the next decade.The world’s largest automaker....

August 20, 2021 No Responses

Toyota To Cut Global Production By 40%

Toyota is to slash worldwide vehicle production by 40% in September because of the global microchip shortage. The world’s biggest carmaker had planned to make almost 900,000 cars next month but has now reduced that to 540,000 vehicles. Volkswagen...

August 17, 2021 No Responses

Toyota, Nissan, Others To Form Consortium Against Cyber Attack

Ninety companies, including Toyota and Nissan, will form a consortium to protect connected cars from cyber-attacks.In a report published by Nikkei Asia to prevent hijacking and data theft, the companies will check their automotive software ...

July 24, 2021 No Responses

Toyota Unveils New Aqua Electric Car

Toyota Motor Corporation has launched its new Aqua hybrid electric compact car redesigned to realize its mission to ‘introduce sustainable vehicles practically’ and to contribute to carbon neutrality, the company said in a release.The n...

July 23, 2021 No Responses

Toyota, Suzuki, Daihatsu Explore Electric Vehicle Venture

Suzuki Motor Corporation and Daihatsu are joining a commercial electric vehicle coalition led by Toyota Motor Corporation, the carmakers announced on Wednesday, helping the Japanese alliance expand its focus from trucks to smaller cars.The two automakers ...

July 16, 2021 No Responses

Toyota Revs Up Digital Mapping Subsidiary

Toyota plans to hire more people and invest heavily in its subsidiary Woven Planet to work on mobility technology so the Japanese automaker stays competitive amid the global shift to using artificial intelligence and robotics in everyday driving.“Toyota&...

June 4, 2021 No Responses

Toyota Restructures, Expands Venture Fund

Toyota Motor Corporation is rebranding its corporate investment arm as Toyota Ventures and adding two early-stage funds, including one focused on investing in startups developing solutions for climate change and carbon neutrality...

April 29, 2021 No Responses

Toyota To Invest $803m In New Plant, Targets 1,400 Jobs

Toyota says it will invest $803 million and add 1,400 new jobs at its Indiana auto manufacturing plant so it can produce two new SUVs there, one of which will be the first Lexus made at the plant.The Japanese automaker says both...

April 19, 2021 No Responses

Toyota Partners South African Firm On Hydrogen-Powered Mobility

Toyota Motor Corporation has sealed partnership deal with South African fuel giant, Sasol to develop a green hydrogen-powered mobility ecosystem.The two companies announced the plan at an event organised by EE Business Intelligence and the British High ...

April 12, 2021 No Responses

Toyota Unveils New Cars With Advanced Driving Assist Technology

Toyota Motor Corporation has unveiled its new models in Japan, equipped with the company’s latest advanced driver assistance that enables safe driving and wireless software updates.The carmaker’s new driving assist technology, or Advanced Drive, ...