Tag Archives: toyota

IONNA Plans $250M Outlay in California EV Charging

IONNA* said today that is planning an outlay of more than $250 million in infrastructure across California during the next three years.**

“This week’s expansion into California is a snapshot of the national momentum IONNA has built in under a year’s time,” said Seth Cutler, Chief Executive Officer of IONNA. ‘IONNA Speed’ isn’t just about how quickly we grow, but also how we deliver, and the IONNA team consistently operates with a driver-first mentality to elevate the charging experience. Every new Rechargery reflects our commitment to providing the coverage, quality, and reliability our drivers deserve.” Continue reading

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Toyota Motor Q2 FY 2026 Net Income Drops 7%

Today, Toyota Motor Corporation (NYSE: TM, 7203T) posted FY 2026 Q2 [1 April 2025 through 30 September 2025- AutoCrat] results that showed total consolidated vehicle unit sales increased globally by 227,000,+ 5.0% to 4,783,000. However, net income attributable to Toyota Motor Corporation was 1,773.4 billion yen, a decrease of 133.6 billion yen or -7.0% compared with FY2025 first half. Nonetheless, Toyota increased its fiscal-year profit forecast. Toyota maintains that its products and sales outside the United States would counter the negative effects of  of U.S. President Donald Trump’s import tariffs. The world’s largest automaker forecasts an operating profit of 3.4 trillion yen (~$22.6 billion) for the financial year ending March 26, a jump of +6% from the 3.2 trillion yen it formerly forecast. Continue reading

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Trump Tariffs Hit N.A. Automakers $1.389B

“Tariffs hit North American automakers hard in July,” said Patrick L. Anderson, Principal & CEO of Anderson Economic Group. “The automakers made extensive use of temporary allowances that effectively allowed an exemption for the majority of both parts and vehicles through June. That changed in July for assembled vehicles, and we can expect that these costs will become embedded into the prices consumers are paying in the very near future.” Continue reading

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Suzuki, Daihatsu, Toyota to Release EV Mini-Commercial Vans

Suzuki Motor Corporation, Daihatsu Motor Company and Toyota Motor Corporation said today that they have decided to aim for the release of their mini-commercial van electric vehicles (BEVs) respectively in fiscal 2025.*

“This mini-commercial van BEV, jointly developed by the three companies, combines Suzuki and Daihatsu’s expertise in creating small-size cars with Toyota’s electrification technology and is equipped with a BEV system suitable for mini-commercial vehicles. Commercial Japan Partnership Technologies Corporation also participated in the planning to achieve a vehicle with optimal specifications for efficient last-mile logistics,” the companies said in a joint release. Continue reading

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IONNA Breaks Ground on So-Called Rechargery for EVs

IONNA, a charging network founded by eight automakers – BMW, General Motors, Honda, Hyundai, Mercedes-Benz, Kia, Stellantis and Toyota –  announced today the ground breaking for the first IONNA ‘Rechargery.’ It is remaking a historic district gas station into an EV charging station in Apex, North Carolina. AutoInformed notes the irony, and also  that the town was built around a railroad steam engine refill pond, which the workers dubbed Apex. Continue reading

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Loyalty Keeps Vehicle Buyers Out of Market Amidst Shortages

Perennial brand loyalty leaders including Toyota, Honda and Lexus have each been able to grow their respective shares of loyal customers amid stagnation experienced by other brands, according to the J.D. Power 2024 U.S. Automotive Brand Loyalty StudySM.

“Amid ongoing inventory shortages, the most loyal customers actually stayed out of the market if they were unable to get their desired vehicle,” said Tyson Jominy, vice president of data & analytics at J.D. Power. “Now that inventory levels are recovering, customers are coming back. In particular, Toyota and Honda are benefiting from increased availability of hybrid vehicles, with Honda owners swapping out their gas-powered vehicles for hybrids at nearly triple the rate of the industry average. Lexus is also benefitting from strengthened residual values, which are helping drive loyalty for the brand despite premium brands as a whole experiencing a plateau this year.” Continue reading

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Canadian Government Halts Teamsters Canada Freight Strike

Major automakers such as Ford Motor, General Motors, Honda, Stellantis and Toyota assembling vehicles in Canada or shipping engines and various other components to the United States got a reprieve late today as a previously reluctant Canadian government intervened in a railroad freight strike.

“I’ve directed the Canada Industrial Relations Board to assist the parties in settling the outstanding terms of their collective agreements by imposing final binding arbitration,” said Canadian Labor Minister Steve MacKinnon at a press conference. Continue reading

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Toyota Joins IONNA EV Charging Network in North America

IONNA and Toyota Motor North America (NYSE: TM) said today announced that Toyota has joined seven other automakers as an investor in IONNA* to support the build-out of its charging network for battery electric vehicles (BEVs) across North America. This … Continue reading

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Supplier Relations Study – Toyota Ascending, Ford Slumping

The two big  issues – cost and fairness – have been created and compounded by changing electric vehicle (EV) demand that sees automakers switching to hybrid configurations, or canceling EV programs and again ramping up conventional powertrain production. These are occurring while rising costs are squeezing automaker’s suppliers. Continue reading

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Suzuki, Subaru, Daihatsu, Toyota and Mazda form JV on Technical Specs for Next-Gen Vehicle Communications Devices

Within the field of CASE (connected, autonomous/automated, shared, and electric), which is bringing about major alterations in the auto industry, advances are being made in the connected domain. These include the communications and data aspects of technology and business such as cloud services, IoT, big data, and AI. These are the basic functions of the connected car. Regulators thus far appear to be oblivious to the anti-trust and monopoly or cartel implications of such consolidations and their possible negative effects on customer pricing. The industry views connected cars as a major new source of revenue. Therefore, more is better. Continue reading

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Japan Inc: Toyota and Hino to Pioneer Light-Duty Fuel Cell Electric Trucks with Seven-Eleven, FamilyMart, and Lawson

The five companies are also making efforts to promote the establishment of an environment for the popularization of fuel-cell vehicles, not only of light-duty trucks, but also of commercial and passenger vehicles. Continue reading

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Aston Martin On GTE Pole, Ford 2nd, Corvette 3rd at Le Mans

Aston Martin Racing is on the GTE Pro pole position for this weekend’s 87th running of the 24 Hours of Le Mans. It’s 60 years since a famous 1959 win led by team director John Wyer with a DBR1 driven by Roy Salvadori, and a man who would kick Ferrari’s “ass” many more times, notably with Ford GTs a few years later – Carroll Shelby, again working with Wyer. Continue reading

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Ride and Cost Sharing: Toyota, DENSO and SoftBank Vision Fund Invest $1 Billion in Uber’s Advanced Technologies Group

The investment, in a newly formed ATG corporate entity, aims to accelerate the development and commercialization of automated ridesharing services. Under the terms, Toyota and DENSO will together invest $667 million and SVF will invest $333 million, valuing the new Uber ATG entity at $7.25 billion on a post-money basis. Continue reading

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Milestones: 50 Years of Toyota Hilux

The seventh-generation Hilux was the first to not be produced in Japan, with most of the vehicles being produced in Thailand, South Africa and Argentina for delivery to counties in their own regions, and with some production in Malaysia, Pakistan and Venezuela. Continue reading

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IndustriALL Endorses Global Agreements to Fight and Shape Policy on the Growing Number of Auto Plant Closures

So whither auto plants with their well-paid, highly skilled and heavily unionized work? Plant closures and retrenchments in several countries is worrying for unions. Continue reading

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