toyota Archives — Page 4 of 8 — City Business News

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’s traditional strength...

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, ...

March 30, 2021 No Responses

Toyota Seeks Roll-Out Of Hydrogen Fuel Stations

Toyota Motor Corporation on Monday opened its first commercial hydrogen fuel pump site in the Australian state of Victoria, urging the government to encourage the rollout of more sites to boost the take-up of cleaner cars.The automaker is bringing in 20...

February 28, 2021 No Responses

Toyota Develops New Fuel Cell System

Toyota Motor Corporation has developed a packaged fuel cell system module, as it hopes to expand its usage and accessibility of the zero-emission technology amid the industry‘s shift towards electric vehicles (EVs).The world’s bigges...

February 9, 2021 No Responses

Report: Toyota Won More Patents In 2020 Than Any Other Automaker

For the year 2020, the United States Patent and Trademark Office awarded slightly fewer patents than in 2019,according to the Intellectual Property Owners Association. But, one thing remained the same: Toyota was granted more patents than any o...

February 4, 2021 No Responses

Toyota Targets 9.2m Vehicles In 2021

Japan’s Toyota Motor Corporation plans record high global production of 9.2 million vehicles this year, up about 2% from 2019’s pre-coronavirus output. According to Nikkei newspaper, the automaker has informed ...

January 29, 2021 No Responses

Toyota Beats Volkswagen To Become World’s No.1 Car Seller In 2020

Japan’s Toyota Motor Corp overtook Germany’s Volkswagen in vehicle sales last year, regaining pole position as the world’s top selling automaker for the first time in five years as the pandemic demand slump hit its German rival harder...

October 6, 2020 No Responses

Toyota, Nissan To Seek Reimbursement

Japanese automakers Toyota Motor Corp and Nissan Motor Co Ltd are set to seek reimbursement from Britain if the government fails to agree on a EU trade deal, the Nikkei financial daily reported on Monday.The automakers are bracing for an additional 10% EU...

August 7, 2020 No Responses

Toyota Reports 74 Per Cent Drop In Profit

Toyota‘s profit plunged 74 per cent in the last quarter as the coronavirus pandemic sank vehicle sales to about half of what the top Japanese automaker sold the previous year. Toyota Motor Corporation reported on Thursday a profit of 158.8 billion...

July 13, 2020 No Responses

Toyota Unveils Corolla Cross SUV

Toyota Motor has launched the new Corolla Cross Sports Utility Vehicle (SUV) in Thailand, which is based on the Japanese automaker’s popular sedan. The automaker is expected to launch the Corolla Cross in other markets in the near future. Corolla Cr...

July 12, 2020 No Responses

Yaris Emerges Europe’s Favorite Toyota, 80,000 Units Sold In Six Months

Toyota Yaris has emerged as the best-selling car in Europe for the world’s largest carmakers in the last six months.Toyota has sold over 80,000 units of Yaris (and hybrid) in Europe in the first six months (H1) of 2020.The carmaker on Saturday...