Toyota is recalling almost 600,000 cars to repair a faulty warning panel.
Toyota is recalling 591,377 vehicles because of an issue with the crucial instrument panel featured in the 12-inch display behind the steering wheel. As stated by the automaker: The 12.3-inch display might not function properly at startup. If the display is blank, it can hinder the visibility of important malfunction indicators. If a malfunction occurs […]
Toyota estimates that Trump’s tariffs will result in a $1.3 billion loss in two months.
Toyota issued a report on Thursday estimating that the significant tariffs proposed by President Trump, including those on automobile imports, could lead to a $1.3 billion drop in profits for the months of April and May. This year, Trump suggested a 25% tariff on imported vehicles and auto parts. Being a Japanese-owned entity, Toyota will […]
Toyota reports that tariffs are already affecting business as it looks to the future.
Toyota’s Financial Outlook Amid Tariff Concerns Curtis S. Chin, the international chairman of the Milken Institute, emphasized the significance of fostering “sustainable” trade ties between the United States and China. His recent travels included a visit to Saudi Arabia, a destination soon to be visited by President Donald Trump as well. Toyota’s executives are expecting […]
Toyota weighs making RAV4 SUV in the US to avoid tariffs: report
Toyota has emerged as the latest automaker to rethink its production plans to avoid President Trump’s strict tariffs, according to the report. In addition to manufacturing in Canada and Japan, Japanese companies are weighing the next version of their top-selling RAV4 SUV at their Kentucky factory. Toyota originally planned to discard production in Kentucky, RAV4 […]
BMW, Toyota and Boeing among eight companies racing to put first ‘flying car’ on the market
The future is now. Popular car manufacturers, including Honda, Hyundai and BMW, are racing to launch a new flight model for a new trip to the market on take -off clients. The new category of the aircraft is called EVTOL. This is the initials of “Electric vertical take -off and landing”, referring to the vehicle […]
Toyota announces move into rocket launches at CES 2025 with $45M investment
Toyota Motor Corporation is investing about $45 million to enter the space industry, and insists it's not just “one car company” considering a rocket launch. On Monday, during CES 2025, a major technology trade show in Las Vegas that brings together the latest equipment, Chairman Akio Toyoda announced that the automaker will invest $44.4 million, […]
Toyota plans to make over $44 million investment in rocket company
See what's being clicked on FoxBusiness.com. Toyota's mobility subsidiary will invest $44.3 million in the Japanese rocket company. Rocket company Interstellar Technologies (IST) will receive Toyota's multi-million dollar investment “by the first close” of its Series F financing, the rocket company announced Tuesday. The company also announced a “business partnership” with Toyota Motor Corporation. IST […]
Toyota, Ford and General Motors join sprint to donate millions to Trump’s inauguration fund
Christmas came early for President Trump. Auto companies and other CEOs are rushing to donate millions of dollars to the president-elect's inaugural fund before Trump, 78, enters the Oval Office on January 20. Toyota Motor Corporation was the last to hand over cash. Representatives for the Japan-based automaker confirmed in a statement to the Post […]
Toyota to donate $1 million to Trump inauguration
Toyota Motor North America will provide $1 million for President-elect Trump's inauguration. A Toyota spokesperson confirmed Tuesday the inaugural donation to The Hill. Toyota, along with Ford and many other companies, has pledged large sums of money to President Trump's inauguration. Ford is reportedly donating $1 million. Last week, Meta and Amazon turned over seven-figure […]
Toyota, Jeep, and the big emissions scam
impossible! That's what Jack Hollis, Toyota North America's chief operating officer, calls the requirement in California and 16 other states that 35% of 2026 model year vehicles be zero-emission or electric vehicles. California also added a 68 cents per gallon tax that goes into effect at the beginning of the year. The state is making […]