Tag Archives: Toyota Motor North America

Toyota Motor North America September Sales off 20%

Posted on 1 October 2024 by Ken Zino

Toyota Motor North America (NYSE: TM) posted U.S. September sales of 162,595 vehicles, down 20.3% on a volume basis and down 9.9% on a daily selling rate (DSR) basis versus September 2023. This is consistent with the expected industry sales slump evident at all other automakers thus far. September electrified vehicle sales consisting of hybrids, plug-in hybrids, pure electrics and fuel cells were 48.4% of total sales volume and totaled 78,683, up 22.4% on a volume basis and up 38.3 % on a DSR basis. Toyota remains the industry’s number one retail brand through the nine month period. Continue reading →

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Toyota North America December 2023 Sales Up 7%

Posted on 3 January 2024 by Ken Zino

Toyota Motor North America (NYSE:TM) today reported year-end 2023 total US  sales of 2,248,477 Toyota and Lexus brand vehicles, an increase of 6.6% on a volume basis or 7% on a daily selling rate (DSR) basis when compared to 2022. … Continue reading →

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LG Energy Solution, Toyota Sign Long-Term Battery Deal

Posted on 4 October 2023 by Ken Zino

The deal is LG Energy Solution’s largest single supply agreement secured outside of its many joint ventures. The company now supplies its batteries to all top five global automakers[based on 2022 sales]. The company has eight battery manufacturing facilities currently operating or under construction in North America, and continues to expand both its production network and supply chain in the region. Continue reading →

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Toyota to Build New Auto Battery Lab at Michigan R&D Site

Posted on 8 June 2023 by Ken Zino

“This new investment in our North American R&D operation, which has been a key pillar of the Michigan automotive industry for more than 50 years, shows Toyota’s directional shift towards electrification for all,” said Shinichi Yasui, executive vice president of Toyota Motor North America (TMNA), Research and Development. Continue reading →

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PACCAR, Toyota to Sell Fuel Cell Trucks in 2024

Posted on 2 May 2023 by Ken Zino

The expanded agreement supports ongoing development and sale of zero-emission versions of the Kenworth T680 and Peterbilt 579 models with  Toyota’s hydrogen fuel cell powertrain kit. Initial North American customer deliveries are planned for 2024. Continue reading →

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Toyota Patents in Top Five of Intellectual Property Owners Assn

Posted on 14 February 2023 by Ken Zino

The ranking represents the highest ever achieved in the list’s 40-year history. Toyota said that this further reinforces its position as a leader in technology and innovation among the world’s best-known brands. Of the 3056 patents the company was awarded in 2022, nearly half are for future mobility, including 26% around electrification targeting vehicles, batteries and materials, and 14% focused on automation and safety. Continue reading →

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Toyota Motor North America Reports December 2020 Sales Increase 22.9%. Yearly Sales Drop -11.3%

Posted on 6 January 2021 by Ken Zino

For the year, Toyota reported sales of 1,837,900 vehicles, down 11.9% on a volume basis and down 12.4% on a DSR basis. Lexus division posted December sales of 38,223 vehicles, up 8.2% on a volume basis and down 3.4% on a DSR basis.  For the year, Lexus reported sales of 275,041 vehicles, down 7.7% on a volume basis and down 8.3% on a DSR basis. Continue reading →

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Tetsuo Ogawa, to Succeed Jim Lentz as CEO Toyota Motor NA

Posted on 15 December 2019 by Ken Zino

In his 38-year career, Lentz has been a part of a number of key moments in Toyota’s history. Continue reading →

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Toyota Supra to Run in NASCAR Xfinity Series

Posted on 9 July 2018 by Ken Zino

It’s the latest attempt to position Toyota as an American company against the background booms of the Trump trade wars. Toyota has 14 manufacturing plants in North America – if you count Mexico, which is also under siege. There are ten in the U.S. There are 1500 dealerships here. All told Toyota employs 37,000 people here. America? Well that require a thought process with nuance absent in the ruling party. Continue reading →

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Toyota R&D Centers Expand in Michigan

Posted on 5 May 2017 by Ken Zino

Clearly in the gun sights of nit-twit Trump, Toyota claims to have contributed to the design, engineering, and assembly of more than 33 million cars and trucks in North America. It currently runs 14 manufacturing plants – 10 in the U.S., but with Mexico and Canada left out of the exact count. Continue reading →

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