Toyota Reaches Global Production of 300 Million Cars

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Toyota (TM) extends production cuts at Chinese JV

November 7, 2023 10:38 AM EST

Japans Toyota Motor (NYSE: TM) informed its dealers about the extension of a production reduction plan at one of its joint ventures in China. This decision comes as the company confronts escalating competition in the region.

The initial plan, set for October and November, will now be prolonged for an additional three months. The extension was communicated in a letter by Toyota's joint venture with China's... More

Toyota (TM) recalls 1.9M RAV4 SUVs in U.S. due to fire risk

November 6, 2023 2:27 PM EST

Japanese automaker, Toyota Motor Corp. (NYSE: TM) announced that they are recalling 1.9m RAV4 compact SUVs in the US due to a defect that could potentially lead to a fire.

The RAV4 is a crucial model for Toyota within the US market, representing... More

Japan’s NTT said to trial driverless tech with Toyota (TM), invests in U.S. startup

November 6, 2023 9:51 AM EST

A representative from Japans Nippon Telegraph and Telephone (NTT) announced Wednesday that the communications company plans to collaborate with Toyota Motor (NYSE: TM) to trial driverless vehicle technology.

Additionally, the telecommunications company said that they intend to invest in a... More