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toyota cuts November output but sticks to full-year goal

toyota motor Corp on Friday cut its planned global output for November by as much as 15% due to ongoing chip shortages, but indicated it would ramp up production from December by sticking to its latest full-year production target

oct 16 2021 9:12am
mixed News : Mixed
toyota aims to make up some lost production as supplies rebound

toyota motor Corp in December wants to restart production curtailed by component shortages with a rebound in shipments from pandemic-hit suppliers that may help it claw back around a third of output lost to supply disruptions, three sources familiar with the carmaker's plans said

oct 12 2021 6:50pm
mixed News : Mixed
toyota buys software firm Renovo to accelerate self-driving tech

toyota motor Corp's Silicon Valley research arm on Thursday said it had acquired automotive operating system software company Renovo to help accelerate the development of fully autonomous connected vehicle

sep 29 2021 12:23pm
mixed News : Mixed
toyota cuts production target by 3% on parts and chips shortages

toyota motor Corp, the world's biggest car maker by sales volume, cut its annual production target on Friday by 300,000 vehicles because of a global shortage of chips and supplies of auto parts from factories in Southeast Asia

sep 11 2021 11:06pm
mixed News : Mixed
toyota plans to spend over $13.5bn on developing EV batteries and supply

toyota motor Corp said on Tuesday it expects to spend more than $13.5bn (roughly R192.4bn) by 2030 to develop batteries and its battery supply system - a bid to lead in the key automotive technology over the next decade.

sep 7 2021 4:54pm
mixed News : Mixed
toyota's e-Palette to resume Olympic operations with added safety staff

toyota motor said on Monday it would resume operations of its self-driving e-Palette pods at the Tokyo Paralympic Games village with greater operator control and more safety staff to ensure they did not hit any more people

aug 30 2021 6:54pm
mixed News : Mixed
toyota halts all self-driving e-Palette vehicles after Olympic Village accident

toyota motor said on Friday it had suspended all self-driving e-Palette transportation pods at the Tokyo Paralympic Games village, a day after one of the vehicles collided with and injured a visually impaired pedestrian

aug 27 2021 10:05pm
mixed News : Mixed
toyota to slash September production amid chip crunch, Covid-19 resurgence

toyota motor Corp will reduce global production for September by 40% from its previous plan due to the worldwide shortage of semiconductors, the Nikkei business daily reported on Thursday

aug 20 2021 10:07pm
mixed News : Mixed
toyota posts record $9.2bn quarterly operating profit on sales rebound

toyota motor Corp reported on Wednesday a record quarterly operating profit of 997.49 billion yen (roughly R130,726,965,000) as pandemic-hit sales rebounded and it weathered a global chip supply shortage better than many rivals

aug 4 2021 4:40pm
mixed News : Mixed
Suzuki and Daihatsu join toyota EV venture

Suzuki motor Corp and Daihatsu are joining a commercial electric vehicle coalition led by toyota motor Corp, the carmakers announced on Wednesday, helping the Japanese alliance expand its focus from trucks to smaller cars

jul 21 2021 5:02pm
mixed News : Mixed