Toyota Motor Ord Stock News

Stock Futures steady ahead of crucial Fed decision; Powell to come out fighting in renewed inflation battle; Toyota unveils $70 billion EV investment plans; Treasury to add 8 Chinese companies to investment blacklist and lawmakers approve a $2.5 trillion debt ceiling boost that averts an historic default.

Toyota Motor Corp (NYSE:TM) stock is up 3.3% to trade at $186.66 at last check, after news that the company plans to produce a record 800,000 vehicles in January.

Chris Hayes is the new Director of Lexus in the UK, following the retirement of Ewan Shepherd after a long career with Toyota (GB) PLC and five years leading the Lexus brand. Hayes takes up [] The post Chris Hayes Appointed Director of Lexus in the UK appeared first on Business Leader .

Toyota's (TM) electrification line-up plans aim to make its business carbon-neutral and increase the proportion of its EV sales.

TOKYO: Japan''s Nikkei inched down ahead of a crucial policy decision by the US Federal Reserve on Wednesday, with declines in shipping stocks outweighing gains in carmaker Toyota and its group companies. The broad Topix index, however, posted a 0.37% gain at the midday break, with eight shares advancing for every five that sank. The Nikkei share average slipped 0.08%, giving up earlier gains. Investors expect the US Federal Open Market Committee (FOMC) to adopt a more hawkish tone at the conclusion of their two-day meeting, quickening the pace at which they taper bond-buying stimulus and potentially setting up earlier interest rate hikes. "Position adjustments before the FOMC are center stage, and it''s not possible to discern a direction to the market amid that," said Hajime Sakai, the chief fund manager at Mito Securities Co in Tokyo. Toyota was the second-best performer among the 30 core Topix names, notching a 2.69% gain after Japan''s biggest automaker said on Tuesday it would commit about $70 billion to electrify its lineup by 2030.

Toyota has committed ¥8-trillion to electrify its cars by 2030, half of it to develop a battery electric vehicle line-up.

On December 14, Toyota held a press briefing on its battery EV (BEV) strategies and revealed 16 Toyota and Lexus BEV models that it is readying for market launch, including the all-new Toyota bZ4X due next year. During his presentation, President Akio Toyoda announced that the company is going to roll out 30 BEV models [] The post Japan Toyota Reveals Full Lineup of Battery EVs: Toyotas Briefing on BEV Strategies appeared first on Webnewswire .

Toyota Motor Corp. wants the world to know its serious about competing in the market for battery-based electric vehicles.

Toyota Motor Co said on Wednesday it planned to build 800,000 vehicles globally in January, a record for the month, as it ramps up production to make up for output lost to parts shortages.

Having the technical ability to put artistic thinking into an art piece shows creativeness at its best. The Toyota Dream Car Art Contest cultivates creativity for young individuals who want to challenge themselves in creating pieces that will inspire others today and in the future. Toyota Motor Corporation through its local distributor Asco Motors acknowledges []

Toyota, one of the world's biggest carmakers, is planning to invest $35 billion to create a full lineup of 30 battery-powered electric vehicles by 2030 and increase global sales by 3.5 million units a

Photo by Visual China Group via Getty Images/Visual China Group via Getty Images Pony.ai, an autonomous vehicle startup based in Silicon Valley and Guangzhou, China, is temporarily unable to test driverless vehicles in California after a vehicle crash led the state’s Department of Motor Vehicles to suspend the company’s testing permit. Pony.ai was one of the few companies approved to test fully autonomous vehicles without safety drivers behind the steering wheel on public roads in California. The DMV has only issued permits to seven other companies, including major operators like Waymo and Cruise. But the permit was suspended — and Pony’s name removed from the DMV’s list of permit holders — after a reported vehicle collision in Fremont, California on October 28th, the agency said in a statement. Pony has 10 Hyundai Kona vehicles registered under its driverless testing permit. The company is still authorized to test vehicles with a safety driver behind the steering wheel. Pony’s AV “came into contact” with a center divider The permit was suspended after the company reported a crash to the DMV . (All AV permit holders are required to file reports after a collision.) According to the report, Pony’s vehicle was in autonomous mode, turning right onto Fremont Boulevard from Cushing Parkway when it “came into contact” with a center divider containing a traffic sign. “The Pony.ai AV suffered moderate damage to the front of the vehicle and the undercarriage,” the report states. “There were no injuries and no other vehicles involved.” Fremont Police were called to the scene.

Toyota This week Toyota gave us a preview of its electric vehicle plans, stating the company aims to release 30 different EV models by the year 2030. And while there are plenty of exciting concept vehicles, the Tacoma-like EV pickup is by far the most exciting. Toyota hopes to have nearly 15 different EV models [] The post Toyota Shows off an Electric Pickup Truck That Could Rival Ford and Tesla Review Geek appeared first on TECHTELEGRAPH .

The world is switching to electric vehicles, and Toyota Motor Corp (LON: TYT) wants a piece of it. On Tuesday, the leading Japanese automaker said it will spend $35 billion to add thirty new all-electric vehicles to its product portfolio by the end of this decade. $4.4 billion to be spent on battery technologies By [] The post Toyota pledges massive investments into electric vehicles appeared first on Invezz .