U.S. Public Pension Funds Oppose Re-Election of Toyota (TM) Chairman

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Historic Le Mans awaits TOYOTA GAZOO Racing

June 1, 2023 4:34 AM EDT

TOKYO, Jun 1, 2023 - (JCN Newswire) - - TOYOTA GAZOO Racing will be part of another chapter in Le Mans 24 Hours legend when it takes on a record Hypercar field in front of a sell-out crowd for the centenary edition of the world's most famous endurance race on 10-11 June.

After five consecutive victories since 2018, TOYOTA GAZOO Racing targets a double hat-trick of wins against a 62-car field, including 16 Hypercars from other legendary marques such as Cadillac, Ferrari, Peugeot and Porsche. Only two other manufacturers have won for six straight years at Le Mans; Ferrari from 1960 to 1965 and Porsche from... More

Toyota Ramps Up Commitment to Electrification with U.S. BEV Production and Additional Battery Plant Investment

May 31, 2023 12:23 PM EDT

PLANO, Texas, May 31, 2023 - (ACN Newswire) - - Advancing its commitment to vehicle electrification and building where it sells, Toyota will assemble an all-new, three-row, battery electric SUV at Toyota Kentucky starting in 2025. The company's first U.S.-assembled BEV will be powered by batteries from Toyota North Carolina. The new battery plant, which is currently under construction, will receive an additional $2.1 billion investment to support the company's drive toward carbon neutrality.

"We are committed to reducing carbon emissions as much as possible and as soon as possible" said Ted Ogawa, president and chief executive officer, Toyota Motor North... More

Toyota Ramps Up Commitment to Electrification with U.S. BEV Production and Additional Battery Plant Investment

May 31, 2023 11:30 AM EDT

All-new, three-row, battery electric SUV will be assembled at Toyota Kentucky starting in 2025New SUV will use batteries from Toyota North Carolina which begins battery production in 2025New $2.1 billion battery plant investment will allow for an expanded role in support of electrification

PLANO, Texas, May 31, 2023 /PRNewswire/ -- Advancing its commitment to vehicle electrification and building where it sells, Toyota will assemble an all-new, three-row,... More

Toyota Announces Changes to Organizational Structure and Senior Professionals/Senior Management

May 31, 2023 10:58 AM EDT

Toyota City, Japan, May 31, 2023 - (JCN Newswire) - - On July 1, Toyota Motor Corporation (TMC) intends to make the following organizational and senior professional/senior management changes.

Organizational changes

- Hydrogen Factory will be newly established as a dedicated organization to accelerate customer-oriented product development and... More

Toyota Motor North America Announces Executive Change

May 31, 2023 10:30 AM EDT

PLANO, Texas, May 31, 2023 /PRNewswire/ -- Toyota Motor North America (TMNA) today announced, effective July 1, 2023, Shinichi Yasui, executive vice president, Toyota Motor North America, Research & Development, will be appointed Chief Project Leader, Hydrogen Factory at Toyota Motor Corporation (TMC).

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