Recent events
Recent events tied to this brand in public sources.
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2020
Toyota unveils Vellfire hybrid vehicle in India
Toyota Kirloskar Motor unveiled the Vellfire, a new self-charging hybrid multi-purpose vehicle, in India and introduced it in completely built-up form at an ex-showroom price of ₹79.5 lakh.
2020
Pony.ai completes $462 million Series B funding round
Pony.ai announced that it completed a $462 million Series B funding round, with Toyota Motor Corporation strategically leading the round with $400 million; Pony.ai's post-money valuation was slightly above $3 billion.
2020
Toyota announces updates to the 2021 GR Supra for the US market
Toyota announced the 2021 GR Supra for the US market, adding a 2.0-liter model and increasing the 3.0-liter model's output to 382 horsepower. US sales were planned for June.
2020
Toyota reveals plans for next-generation Aygo powertrains
Toyota said it would continue developing a next-generation Aygo, with hybrid or plug-in hybrid versions planned alongside a retained petrol version. The article says the model changeover is expected to be completed by the end of 2021 or in 2022; these are plans, not completed launches.
2020
Toyota and Lexus recall 44,000 vehicles over engine-block defect
Toyota recalled 44,000 cars and SUVs in the United States because an incorrectly manufactured engine block could leak coolant and cause engine problems. Toyota and Lexus dealers will inspect affected vehicles and replace qualifying engine blocks at no cost to owners.
2020
Toyota and Honda delay mainland China factory reopenings
Toyota and Honda said they were delaying the reopening of their factories in mainland China amid the outbreak.
2020
Toyota and Panasonic announce battery joint venture
Toyota and Panasonic announced a joint venture named TAISEI Energy Solution Co., Ltd. to develop, manufacture, and sell automotive batteries. The article said it was planned to be established on April 1, 2020.
2020
Toyota announces nine-month financial results
Toyota Motor Corporation announced financial results for the nine-month period ended December 31, 2019, including consolidated net revenues of 22.8301 trillion yen and net income of 2.0130 trillion yen.
2020
Toyota revises fiscal 2020 financial forecasts
Toyota revised its consolidated financial forecasts for the fiscal year ending March 31, 2020, forecasting net revenue of 29.5 trillion yen, operating income of 2.50 trillion yen, income before income taxes of 2.91 trillion yen, and net income of 2.35 trillion yen.
2020
Toyota unveils five special-edition models
Toyota unveiled five special-edition trucks and SUVs at the Chicago Auto Show: the 2021 Tacoma, Tundra and 4Runner Trail editions, the 2021 Tacoma Nightshade and the 2021 Highlander XSE. The article says the models were planned for showroom availability in summer or fall.
2020
Toyota and Honda announce temporary shutdowns at China factories
Toyota and Honda announced temporary shutdowns of their factories in China through February 9, in line with measures to prevent the spread of the epidemic.
2020
Toyota launches updated Corolla Quest in South Africa
Toyota South Africa launched an updated Corolla Quest based on the 11th-generation Corolla, with a 1.8-litre engine across the range and three specification variants.
2020
Toyota delays China vehicle production restart
Toyota said on January 29 that its vehicle production in China, originally scheduled to resume in early February, would restart no earlier than February 10; a spokesperson said the company would assess whether to resume production based on conditions on February 10.
2020
Toyota plans global recall over airbag control fault
Toyota planned to recall 3.4 million vehicles worldwide because an electronic fault could cause airbags to fail to deploy in certain crashes. The recall includes specified Corolla, Matrix and Avalon models; Toyota dealers would install a noise filter if needed. Toyota said UAE vehicles were not affected.
2020
Toyota recalls vehicles with potentially faulty airbag control units
Toyota recalled around 3.4 million cars with ZF-TRW airbag control units, which are susceptible to electrical interference that could prevent them from deploying. The source says most affected vehicles are US-spec cars.
2020
Toyota announces Takata airbag recall
Toyota announced a recall of 139,000 vehicles in the US over Takata airbag-related problems. The affected airbags may have inflators that could rupture during deployment and send shrapnel toward passengers; Toyota said it was still investigating and had no remedy yet.
2020
BankIslami and Indus Motor Company sign auto-financing agreement
BankIslami Pakistan Limited and Indus Motor Company Limited signed an agreement to enable auto financing for residual value customers; the companies said they would offer exclusive deals to Toyota customers.
2020
Toyota announces recall of about 3.42 million vehicles over airbag defect
Toyota announced a recall of about 3.42 million vehicles in North, Central and South America because airbags may fail to deploy in a crash.
2020
Toyota announced plans for three new electric vehicles in China
At its China year-end communication meeting on January 17, Toyota said it would launch three new battery-electric vehicles in China in 2020.
2020
Toyota announces $700 million Princeton plant expansion
Toyota announced a $700 million modernization investment and 150 additional jobs at its Princeton, Indiana, plant. The article said the Highlander production rate would rise from 265,592 to 420,000 vehicles per year.