Toyota Crown SUV Makes its Debut November 14

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Thailand will work with Toyota (TM) to develop domestic EV industry

November 9, 2023 3:08 PM EST

Thailand Prime Minister, Srettha Thavisin announced Thursday that the Asian country will work with Toyota (NYSE: TM) to develop the country's electric vehicle (EV) industry. The decision came after Minister Thavisin held a meeting with auto executives.

"Toyota said it sees the potential of Thailand's auto... More

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