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Toyota Selected to Receive $4.5 Million in Federal Funding for Development of Technology to Support a Circular Domestic Supply Chain for Electric Vehicle Batteries
Prnewswire· 2024-12-18 15:00
Funding is Part of Advanced Research Projects Agency-Energy (ARPA-E) Program to Develop a Sustainable Critical Minerals Supply Chain ANN ARBOR, Mich., Dec. 18, 2024 /PRNewswire/ -- Toyota announced today that Toyota Engineering & Manufacturing North America, Inc. (TEMA), inclusive of Toyota Motor North America (TMNA) R&D, has been selected to receive $4.5 million in funding from the U.S. Department of Energy, Advanced Research Projects Agency-Energy (ARPA-E). The funding is part of the Catalyzing Innovativ ...
Toyota Motor Corporation (TM) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-12-17 23:56
Toyota Motor Corporation (TM) closed the most recent trading day at $173.28, moving -0.56% from the previous trading session. This move lagged the S&P 500's daily loss of 0.39%. At the same time, the Dow lost 0.61%, and the tech-heavy Nasdaq lost 0.32%.Shares of the company have depreciated by 0.3% over the course of the past month, underperforming the Auto-Tires-Trucks sector's gain of 25.68% and the S&P 500's gain of 3.6%.The investment community will be closely monitoring the performance of Toyota Motor ...
2025 Toyota bZ4X BEV Electrifies with Lower Price and New Nightshade Edition
Prnewswire· 2024-12-17 12:00
Manufacturer's Suggested Retail Price* (MSRP) reduction for 2025 bZ4X: $6,000 lower MSRP for XLE grade and $5,380 lower MSRP for Limited grade bZ4X adds a bold Nightshade edition to the lineup with standard All Wheel Drive, available in single- or two-tone exterior colors Standard bZ4X Nightshade features include black 20-inch wheels, black exterior accents, and red stitching on seats and steering wheel Limited grade adds standard Traffic Jam Assist capability, Lane Change Assist, Front Cross-Traffic Alert ...
A Fresh Coat: Toyota Kentucky Invests $922 Million to Build Advanced Paint Facility
Prnewswire· 2024-12-12 15:30
Company remains committed to reinvesting in U.S. manufacturing operations, environmental sustainability and stable employment GEORGETOWN, Ky., Dec. 12, 2024 /PRNewswire/ -- Transformation continues at Toyota Kentucky with a $922 million investment to build a new advanced paint facility and further support electrification efforts. The facility is designed to improve operational efficiencies, reduce environmental impacts, and enhance the quality of vehicle finishes. A Fresh Coat: Toyota Kentucky Invests $ ...
Toyota Motor Corporation (TM) Laps the Stock Market: Here's Why
ZACKS· 2024-12-11 23:55
Toyota Motor Corporation (TM) ended the recent trading session at $178.15, demonstrating a +1.39% swing from the preceding day's closing price. This change outpaced the S&P 500's 0.82% gain on the day. On the other hand, the Dow registered a loss of 0.22%, and the technology-centric Nasdaq increased by 1.77%.The company's stock has climbed by 0.41% in the past month, falling short of the Auto-Tires-Trucks sector's gain of 14.73% and the S&P 500's gain of 0.8%.The investment community will be paying close at ...
Toyota Celebrates 8 Millionth Certified Used Vehicle Sale
Prnewswire· 2024-12-11 15:00
Sheehy Toyota of Laurel celebrates achievement as first-ever Certified Pre-Owned brand to surpass milestoneLAUREL, Md., Dec. 11, 2024 /PRNewswire/ -- Toyota Certified Used Vehicles (TCUV), the number one certified pre-owned vehicle program in the nation, achieved its 8 millionth sale when Sheehy Toyota of Laurel sold a 2024 Toyota Camry with a Supersonic Red exterior. Toyota Celebrates 8 Millionth Certified Used Vehicle Sale (photo credit: ©2024 Pixel Factory Creative Studio, Inc.) By becoming the firs ...
Toyota Spreads Festive Cheer This Holiday Season
Prnewswire· 2024-12-05 14:00
Heartwarming Holiday Ads Debuted During NBCUniversal's"Christmas in Rockefeller Center" on NBC and "Navidades en Rockefeller" on TelemundoPLANO, Texas, Dec. 5, 2024 /PRNewswire/ -- With the holiday season in full swing, Toyota is celebrating the joy of helping others through their holiday advertising. Last night during NBCUniversal's primetime specials - "Christmas in Rockefeller Center" on NBC, "Real Reward" debuted – and within "Navidades en Rockefeller" on Telemundo, "Naughty List" was unveiled, both wit ...
Joby Aviation: How The Toyota Partnership Brings More Than Just Funding
Seeking Alpha· 2024-12-02 20:00
Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...
Zacks Industry Outlook Toyota, BYD Co and Honda
ZACKS· 2024-11-27 08:31
For Immediate ReleaseChicago, IL – November 27, 2024 – Today, Zacks Equity Research Toyota (TM) , BYD Co Ltd (BYDDY) and Honda (HMC) .Industry: Foreign AutosLink: https://www.zacks.com/commentary/2375072/ride-the-foreign-auto-industrys-bullishness-with-these-3-stocksThe Zacks Automotive – Foreign industry is navigating mixed fortunes amid shifting economic conditions and evolving consumer preferences. In China, vehicle sales are surging despite economic headwinds, fueled by robust demand for electric and hy ...
Joby Gets Toyota's $500M Dollar Lift: eVTOL Pioneer Making New Highs
Benzinga· 2024-11-25 16:49
Joby Aviation Inc JOBY is soaring to new heights—literally and figuratively. The stock is making new 52-week highs on Monday, fueled by news of half a billion-dollar investment from Toyota Motor Corp TM. Joby stock was up by over 10% by 10:30 AM ET on Monday.Joby's meteoric rise — a staggering 54.75% gain in the past month and 42.34% over the last five days (both rising) — signals a market awakening to the future of air mobility.Toyota's Half-Billion Dollar LiftToyota’s recent $500 million investment into t ...