Toyota Launches All-New Crown Sport-type PHEV model in Japan
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Toyota Motor (TM) Toyota recalls 1M vehicles in U.S.
December 20, 2023 2:26 PM ESTToyota Motor (NYSE: TM) announced Wednesday that the Japanese automaker is recalling 1 million vehicles in the United States due to a defect in the vehicles air bag deployment system.
This issue could potentially lead to malfunctioning Occupant Classification System... More
Toyota (TM) halts all shipments of Daihatsu brand vehicles
December 20, 2023 10:35 AM EST(Updated - December 20, 2023 11:22 AM EST)
UPDATE: article has been updated to include comments by Citi Research analysts.
Toyota (NYSE: TM) revealed Wednesday that the automakers small-car Daihatsu unit will halt shipments of all of its vehicles following a safety investigation that found issues involving 64 models, including almost two dozen sold under Toyota's brand.
Toyota stated that the impacted models included those intended for the Southeast Asian markets such as Thailand, Indonesia, Malaysia, Cambodia, and Vietnam. Additionally, the affected models extended to Central and South American countries including Mexico, Ecuador,... More
Tesla (TSLA) to raise hourly pay for some workers at NV Gigafactory
December 19, 2023 9:13 AM ESTElectric automaker, Tesla Inc (NASDAQ: TSLA) announced Monday that the company would be raising the hourly pay of some workers at its gigafactory in Nevada by around 10% starting in early January.
The electric vehicle manufacturer is set to increase the hourly wages for its employees, raising the lower end from $20 to $22 per hour and the higher end... More
