|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||7,686.39 - 7,712.00|
|52-week range||7,686.39 - 789,515.00|
|Beta (5Y monthly)||0.90|
|PE ratio (TTM)||11.58|
|Forward dividend & yield||200.00 (2.61%)|
|Ex-dividend date||27 Sep 2019|
|1y target est||N/A|
Dec.09 -- Vietnam’s richest man and founder of auto startup VinFast is trying to do something not even Toyota and Hyundai could do when they were fledgling companies – sell a car in the U.S. Bloomberg’s Oanh Ha reports on “Bloomberg Daybreak: Asia.”
Dec.05 -- James Kuffner, chief executive of Toyota Research Institute - Advanced Development, discusses his work on self-driving car technology, competition in the industry and the timetable for delivering software to consumer vehicles. He spoke with Bloomberg's Erik Schatzker in Tokyo. (Toyota Research Institute-Advanced Development's capital is 90% controlled by Toyota.)
Toyota Motor Corp <7203.T> said on Friday it will move production of its mid-size Tacoma pick-up truck from the United States to Mexico as it adjusts production around North America. The largest Japanese automaker also said it will end production of the Toyota Sequoia in Indiana by 2022 as that facility focuses on mid-size SUVs and minivans. Toyota will shift production of the Sequoia in 2022 to Texas and that plant will end production of the Tacoma by late 2021.
Including the $1.3 billion investment at the Toyota Motor Manufacturing Indiana (TMMI) plant, the company has so far spent about $7.1 billion of the total amount, Toyota said. The refurbished TMMI plant, which has added 550 new jobs so far, will help Toyota meet strong demand for the Highlander, its new mid-size SUV.
Joby Aviation has raised a $590 million Series C round of funding, including $394 million from lead investor Toyota Motor Corporation, the company announced today. Joby is in the process of developing an electric air taxi service, which will make use of in-house developed electric vertical take-off and landing (eVTOL) aircraft that will in part benefit from strategic partner Toyota's vehicle manufacturing experience. This brings the total number of funding in Joby Aviation to $720 million, and its list of investors includes Intel Capital, JetBlue Technology Ventures, Toyota AI Ventures and more.
Carlos Ghosn, once dubbed “an auto industry superhero,” has opened up Japan’s legal system to increased scrutiny ahead of the summer Olympics in Tokyo.
Toyota Motor Corp said on Monday it planned to build a prototype "city of the future" at the base of Japan's Mt. Fuji, powered by hydrogen fuel cells and functioning as a laboratory for autonomous cars, "smart homes," artificial intelligence and other technologies. Toyota unveiled the audacious plan for what it will call "Woven City", in a reference to its origins as a loom manufacturer, at the big annual technology industry show, CES. "It's hard to learn something about a smart city if you are only building a smart block," James Kuffner, chief executive officer for the Toyota Research Institute-Advanced Development, told Reuters.
Toyota researches and tests robotics, material science, automated driving and alternative fuel technology in labs all around the world. Now the automaker is trying a new and far more ambitious project: build a prototype city on a 175-acre site at the foot of Mount Fugi in Japan, where people will live and work amongst all of Toyota's projects, including its autonomous e-Palette shuttles and robots. This won't be another test site, Toyota Motor Corp President Akio Toyoda said Monday during a press conference ahead of CES 2020.
CES 2020 officially kicks off in Las Vegas on Tuesday, and we've already got a good idea of some of the products that will be unveiled — from 8K TVs to smart toilets.
Former Nissan CEO Carlos Ghosn's escape from justice in Japan raises many issues for global business leaders, says this long-time professor.
China's market regulator on Friday has fined Japanese carmaker Toyota Motor 87.6 million yuan ($12.5 million) for price-fixing on its premium Lexus cars in eastern Jiangsu province, according to a document on its website. The decision comes as China steps up regulation over auto sales in the world's biggest vehicle market, where more than 28 million cars were sold last year. The anti-monopoly bureau of State Administration for Market Regulation said that between 2015 and 2018, the Japanese carmaker set a minimum sales and resale price for its cars in coastal Jiangsu province, which deprived dealers of pricing autonomy and harmed customers' rights.
Can robots help solve the problem of an aging population in growing need of physical help but lacking the money and carers to provide it? Japan's Toyota Motor Corp thinks they can, if they are equipped to mimic the touch and actions of a carer located far away. Toyota's latest humanoid robot, T-HR3, demonstrated on Wednesday at Tokyo's International Robot Exhibition, is controlled remotely by a human operator.
Toyota Motor Corp expects its global vehicle sales to stay at record highs in 2020, even as demand shows signs of slowing in China and the United States, the world's top car markets. The Japanese automaker said it planned to sell a record 10.77 million vehicles next year, including cars sold under the Toyota, Lexus and Daihatsu brands along with Hino trucks, a touch higher than its plans to sell 10.72 million units for the year ending December. Competition to sell more vehicles is tight among the world's biggest automakers as they try to boost sales to achieve economies of scale and reduce costs at a time when they are investing heavily to develop next-generation technologies including self-driving vehicles and electric cars.
Toyota Motor Corp plans to first deploy advanced self-driving features in commercial vehicles before adding them to cars meant for personal use, a senior official at the Japanese auto major said on Tuesday. It will be easier to apply self-driving technology that does not require constant and direct human-monitoring to taxis and vehicles Toyota is developing, including on-demand ride services, mobile shops and ambulatory hospitals, said James Kuffner, chief of Toyota Research Institute-Advanced Development (TRI-AD). "It will take more time to achieve 'Level 4' for a personally-owned vehicle," Kuffner said, referring to the automation level at which vehicles can drive themselves under limited conditions.
Lentz, a 38-year-veteran of Toyota, said his long tenure including almost seven years at the helm was in part a function of the automaker's culture. "We have a long-term view of things and try to keep our eyes on the horizon and not get sea sick with all the dips and twists and turns," Lentz, 64, said in an interview.
May Mobility, a Michigan-based startup that is operating autonomous shuttle services in three U.S. cities, has raised $50 million in a Series B round led by Toyota Motor Corp. The funding, which comes less than a year after May Mobility raised $22 million, will be used to expand every aspect of the company, including its AV shuttle fleet, as well as its engineering and operations staff. May Mobility has 25 autonomous low-speed shuttles spread out between Detroit and Grand Rapids, Michigan and Providence, Rhode Island — the three cities in which it operates.