Toyota(TM)
Search documents
Toyota Drives Student Success with $5.8 Million Investment in Northeast Mississippi
Prnewswire· 2024-09-18 15:30
Hands-on STEM, English Language Learner Programs to Expand Learning OpportunitiesBLUE SPRINGS, Miss., Sept. 18, 2024 /PRNewswire/ -- Having the right tools and resources to learn is key for students in every community, but critical needs extend beyond school supplies. As part of Toyota USA Foundation's Driving Possibilities initiative, grants of up to $5.8 million over five years to Lee County and Pontotoc City Schools give students and teachers access to innovative tools and programs designed to provide f ...
Why FuelCell Energy Stock Jumped 9% Today
The Motley Fool· 2024-09-17 15:50
Core Viewpoint - The recent announcement of Karsan's hydrogen fuel cell bus powered by Toyota fuel cell modules in 2025 has positively impacted FuelCell Energy's stock, but it is not sufficient to recommend the stock as a buy [1][2]. Company Developments - Karsan plans to launch a hydrogen fuel cell bus with a driving range of 500 kilometers, which is expected to be available in 2025 [1]. - The partnership between Toyota and FuelCell Energy involves a "Tri-gen" production system in Long Beach, California, aimed at producing electricity, water, and hydrogen, indicating potential technology sharing [2]. Financial Considerations - FuelCell Energy is currently unprofitable, with less than $120 million in net cash and a negative free cash flow of $250 million per year [3]. - The anticipated Karsan buses utilizing Toyota technology will not be available for at least another year, and their commercial success remains uncertain [3].
Toyota Sienna Adds New Seat Reminder Tech and Interior Updates for 2025
Prnewswire· 2024-09-17 12:55
Core Points - The 2025 Toyota Sienna introduces an Advanced Rear Seat Reminder system, enhancing safety by detecting movement in the rear seats after the vehicle is parked and locked [6][7][8] - New interior features include a standard Vacuum and FridgeBox™ on the Platinum trim, along with an updated Toyota Audio Multimedia system with a 12.3-inch touchscreen available on higher trims [2][29] - The Sienna maintains its hybrid powertrain, delivering 245 total system horsepower and an estimated 36 MPG combined for FWD models and 35 MPG for AWD models [16][27] Interior Features - The 2025 Sienna features updated cabin design elements, including new leather-trimmed seats in the Platinum and Limited grades, and easy-to-clean SofTex® seats in the XSE and Woodland Edition [3][29] - The center console has been redesigned with various finishes across different grades, enhancing the upscale look [3][4] - A customizable 12.3-inch digital gauge cluster is now available on select trims, along with improved wireless charging technology [4][29] Exterior Features - The Sienna's exterior includes new two-tone metallic wheels for the Platinum grade and dark-finished alloy wheels for the Woodland Edition [5][27] - A new Magnetic Gray Metallic color option is available across multiple grades, enhancing the vehicle's aesthetic appeal [5] Safety and Technology - All 2025 Sienna models come standard with Toyota Safety Sense 2.0, which includes advanced safety features such as Pre-Collision System with Pedestrian Detection and Lane Tracing Assist [13][15] - The latest Toyota Audio Multimedia system offers voice-activated commands, Cloud Navigation, and a one-year Drive Connect trial subscription for enhanced connectivity [9][10] Performance - The Sienna exclusively offers a hybrid powertrain, featuring a high compression ratio engine and an innovative Electronic On-Demand AWD system that enhances traction and handling [16][18] - The vehicle provides selectable driving modes, including EV, NORMAL, ECO, and SPORT, allowing drivers to tailor their driving experience [16] Pricing and Availability - The Manufacturer Suggested Retail Price (MSRP) for the 2025 Sienna starts at $39,185 for the LE FWD model, with availability expected in Fall 2024 [5]
Why Toyota Motor Corporation (TM) Outpaced the Stock Market Today
ZACKS· 2024-09-12 22:56
Toyota Motor Corporation (TM) closed the most recent trading day at $176.18, moving +0.85% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.75%. On the other hand, the Dow registered a gain of 0.58%, and the technology-centric Nasdaq increased by 1%.The the stock of company has fallen by 1.31% in the past month, lagging the Auto-Tires-Trucks sector's gain of 8.02% and the S&P 500's gain of 4.03%.Analysts and investors alike will be keeping a close eye on ...
Toyota Dials Back Battery Electric (BEV) Production Plans, Strengthening Global Leadership
Seeking Alpha· 2024-09-09 17:07
Lexus RZ 450e Luxury display. Lexus offers the RZ 450e BEV with 308HP Dual Electric motors. MY:2024 jetcityimage/iStock Editorial via Getty Images What looked like a stubborn and iconoclastic position by Toyota Motor Corporation (NYSE:TM) with regard to the manufacture of pure battery-electric vehicles may be helping to position the Japanese automaker as an extremely attractive investment candidate among its global rivals. Toyota and its chairman, Akio Toyoda, have adhered to an analysis they say will bette ...
Toyota Reduces 2026 EV Production Target by 30% Amid Weak Demand
ZACKS· 2024-09-09 15:06
Group 1: Toyota Motor Corporation - Toyota has reduced its electric vehicle (EV) production target for 2026 by 30%, now planning to produce one million EVs, down from earlier projections [1] - For 2025, Toyota's new EV production goal is set at 400,000 units, with a long-term aim of producing 1.5 million EVs annually by 2026 and 3.5 million by 2030 [1] - Currently, EVs account for about 1% of Toyota's global sales, with the company having sold approximately 104,000 EVs last year [1] Group 2: Industry Trends - Volvo has abandoned its plan to go 100% electric by 2030, now targeting 90% to 100% of global sales to be electrified cars, including both fully electric and plug-in hybrid models [2] - The slowdown in EV demand has led to excess production capacity among automakers in the United States, Germany, and France, prompting companies like Ford and General Motors to delay or cancel new electric models [2] - Legacy automakers are increasingly leaning towards hybrids while reassessing their EV ambitions due to the slower-than-expected rise in demand [2]
BMW, Toyota To Collaborate on Hydrogen Fuel Cell Technology
Investopedia· 2024-09-05 18:42
Collaboration Agreement - BMW and Toyota are teaming up to develop hydrogen fuel cell technology [1] - The collaboration will focus on jointly developing the powertrain system for passenger vehicles, which will be used in models from both companies [1] - BMW plans to launch its first series production fuel cell electric vehicle (FCEV) in 2028 [1] Strategic Vision - BMW Chair Oliver Zipse described the partnership as "a milestone in automotive history" and emphasized that the technology will shape future mobility [1] - Zipse also highlighted that the collaboration will herald an era of significant demand for fuel cell electric vehicles [1] - Toyota President Koji Sato stated that both companies share a belief in "technology openness" and a "multi-pathway" approach to achieving carbon neutrality [2] Market Reaction - Toyota Motor's American depositary receipts (ADRs) were down 1% at $182 66 in midafternoon trading on Thursday [2] - Toyota's ADRs are essentially flat year-to-date [2]
Toyota Delivers Star-Packed NFL Campaign That Invites Fans to "Roll Deep" Together All Season Long
Prnewswire· 2024-09-04 16:00
Core Insights - Toyota Motor North America has launched an NFL-themed campaign to strengthen its connection with football fans and celebrate the NFL season [1][2] - The campaign features various Team Toyota athletes and aims to engage fans through multiple platforms, including digital and in-game content [1][2] Campaign Overview - The campaign is titled "We Roll Deep" and will debut on September 5 during the NFL season kickoff game between the Baltimore Ravens and Kansas City Chiefs [2] - It includes a season-long schedule of content across linear broadcast, digital, and social media formats [1][2] Fan Engagement Initiatives - Toyota's Gameday Giveaway will incentivize fan participation during select Sunday Night Football games, offering prizes such as NFL tickets and a new 2025 Toyota Land Cruiser [2][3] - Weekly challenges will be available for fans to win prizes based on specific game events, such as interceptions and deep passes [3] Cultural Campaigns - An original social media campaign, "We Roll Deep," will honor the Latino heritage in football, featuring videos with notable figures discussing culture and football history [4] - Collaboration with "The Mina Kimes Show featuring Lenny" will highlight NFL personalities discussing family and culture, focusing on diverse backgrounds [5] Commitment to Football - Toyota has a long-standing commitment to football, having supported grassroots initiatives for over 65 years, and recently became the Presenting Partner of NFL Flag tournaments across the U.S. [6][7] - The company aims to spotlight the community involvement of its Team Toyota athletes, which includes rising stars and established NFL figures [7] Company Background - Toyota has been a significant player in North America for over 65 years, employing more than 63,000 people and manufacturing nearly 47 million vehicles [8] - The company is advancing its commitment to sustainable mobility with plans to manufacture automotive batteries for electrified vehicles by 2025 [8]
Toyota recalls more than 43K vehicles over defects
New York Post· 2024-09-03 18:06
Toyota has recalled more than 43,000 trucks in the US over defects that could increase the risk of a car crash. The Japanese automaker recalled 43,395 2023-2024 Sequoia Hybrids sold in the US after identifying a risk with the vehicles’ tow hitches.Toyota has recalled its 2023-2024 Sequoia Hybrid vehicles due to a defect with the rear tow hitches. Getty ImagesThe tow hitch is a part located on the back of the truck that is used to connect the car to a trailer in order to be towed.The resin tow hitch on the S ...
Is Toyota Motor (TM) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2024-09-03 14:30
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Toyota Motor Corporation (TM) .Toyota Motor currently has an aver ...