Tag

Toyota

All articles tagged with #toyota

business4 days ago•7 min saved

Tariffs on Trial as Toyota Pumps Up Texas Production

Toyota announced a $3.6 billion expansion of its San Antonio truck plant to add a second Tacoma assembly line, shifting some production from Mexico to Texas over about four years and creating about 2,000 jobs, with the site nearly doubling in size by 2030. While Toyota says the move reflects regional growth and confidence in the workforce, President Trump framed it as proof tariffs work, though the company did not attribute the expansion to tariffs and cited ongoing USMCA uncertainty as a factor in North American automaking. Toyota will still manufacture some Tacomas and Corolla in Mexico, and the company remains committed to operations in all three countries as trade talks continue.

via Business Insider|

#business #mexico #tariffs

business5 days ago•3 min saved

Toyota’s Texas Expansion: $3.6B, 2,000 Jobs, Tacoma Line Center Stage

Toyota Motor North America announced a $3.6 billion expansion of its San Antonio South Side plant, adding a second assembly line to produce Toyota Tacomas, expanding by 2.5 million square feet and creating about 2,000 jobs by 2030, with Tacoma production shifting from Tijuana to San Antonio over the next four years; the project doubles the plant’s footprint and reinforces North American investment, praised by Gov. Greg Abbott and San Antonio Mayor Gina Ortiz Jones.

via KSAT|

#business #jobs #manufacturing

business5 days ago•15 min saved

Toyota bets big on Texas with $3.6B plant, shifting Tacoma production from Mexico

Toyota will build a $3.6 billion, 2.5-million-square-foot auto plant on its San Antonio campus, set to open by 2030 and create about 2,000 jobs; Tacoma pickup production will move from the Baja California plant in Mexico to the Texas facility when it’s completed, while Tacoma production will continue at Guanajuato, Mexico. A new 500,000-square-foot rear-axle plant is also planned on the site this autumn, with Toyota reaffirming its commitment to Mexico, Canada and the U.S. amid North American trade discussions.

via Yahoo Finance|

#business #manufacturing #mexico

business5 days ago•3 min saved

Toyota to Move Tacoma Production to Texas with $3.6 Billion Expansion

Toyota plans to shift Tacoma midsize pickup production from Mexico to its San Antonio, Texas plant, investing $3.6 billion to add a second assembly line and expand capacity to 350,000 units by 2030, creating about 2,000 U.S. jobs as part of a broader goal to invest up to $10 billion more in U.S. manufacturing through 2030.

via CNBC|

#business #investment #manufacturing

business9 days ago•6 min saved

Five US-made cars under $35,000 you can actually buy today

As the average new-car price nears $50k, Cars.com’s American Made Index spotlights affordable options under $35k, including the Toyota Corolla LE ($24,420), Honda Civic LX ($25,890), Toyota Corolla Cross L ($26,830), Subaru Crosstrek Base ($28,415) and Nissan Altima SV ($28,825). The piece notes rising prices driven by premium features and fuel efficiency demand, while automakers like Stellantis push more low-cost models into the lineup.

via New York Post|

#affordable-cars #business #cars-com

business10 days ago•4 min saved

Hybrid demand drives growth amid a mixed U.S. auto sales quarter

U.S. second-quarter auto sales show a split: hybrids are outperforming non-hybrids as high gas prices and softer EV demand lift electrified models. Toyota rose about 1.1% on electrified-vehicle demand, Hyundai posted strong hybrid gains (and overall up about 4%), Honda up 8.4% on record electrified sales, and Kia up 3% with notable hybrid growth, while GM declined ~4.2% due to limited hybrids. Analysts expect industry sales to be roughly flat to slightly down, with Stellantis and Nissan posting modest gains amid a shift toward affordable, efficient models.

via CNBC|

#business #electric-vehicles #gm

technology14 days ago•3 min saved

Toyota recalls nearly 21,000 EVs (bZ, Solterra, Lexus RZ) over battery ECU fault

Toyota is recalling 20,991 electric vehicles across the bZ, Solterra, and Lexus RZ lines due to a potentially faulty battery ECU that could cause a loss of power and increase crash risk. Dealers will update the battery ECU at no cost, with notification letters to be mailed around August 3, 2026. Models affected include 11,495 bZ, 4,757 Solterra, and 4,739 Lexus RZ, all built on the e-TNGA platform; other Toyota, Subaru, and Lexus EVs are not affected.

via Electrek|

#battery-ecu #ev #recall

business17 days ago•3 min saved

Toyota narrows GM lead in U.S. sales as hybrids rise and EVs stall

Toyota is on pace to outsell GM in the first half of the year in the U.S., up about 1% to 1.25 million vehicles while GM falls roughly 7.2% to 1.33 million, as hybrids gain popularity and all-electric vehicles lag in adoption, per Cox Automotive forecasts.

via CNBC|

#business #evs #gm

transportation19 days ago•16 min saved

Toyota Faces IP-Theft Lawsuit Over Africa’s E-Trike Program

A California lawsuit accuses Toyota Mobility Foundation of stealing proprietary e-trike designs from Mobility for Africa and secretly sharing them with Exa Innovation Studio to help Songa Mobility copy the Hambas in Kenya, undermining Mobility for Africa’s fundraising and expansion efforts; Toyota says it is aware of the matter and is investigating.

via Gizmodo|

#e-trikes #intellectual-property #lawsuit

sports26 days ago•4 min saved

Toyota's Le Mans Win Survives Safe-Mode Setback from Driveshaft Sensor

Toyota’s No. 7 TR010 Hybrid battled a driveshaft torque sensor fault that forced a back-up power mode and even a moment of giving up, but Kobayashi, Nyck de Vries and Mike Conway still claimed victory at Le Mans by 10 seconds over the No. 20 BMW M Hybrid V8. It marked Toyota’s sixth FIA WEC win and Kobayashi/Conway’s second Le Mans triumph, with de Vries earning his first. The No. 8 Toyota finished third after the team split strategies, and engineers said the sensor issue drifted into default power at times before gradually easing late in the race.

via Sportscar365|

#driveshaft-sensor #fia-wec #kobayashi

motorsport27 days ago•33 min saved

Toyota clinches Le Mans 24 Hours win to end four-year wait

Toyota's TR010 Hybrid #7 outsmarted its rivals in the Le Mans 24 Hours, with Nyck de Vries, Kamui Kobayashi and Mike Conway taking the victory by 11 seconds over the #20 BMW M Hybrid V8, while the sister #8 Toyota finished third. Cadillac's #12 faded to fourth after penalties, and the race also saw Inter Europol win LMP2 and Corvette take LMGT3 honors, marking Toyota's first Le Mans win since 2022 and its sixth overall.

via Motorsport.com|

#bmw #cadillac #le-mans-24h

sports27 days ago•93 min saved

Le Mans showdown: four-hour sprint tightens to an eight-second, four-car duel

With four hours remaining at the 24 Hours of Le Mans, Cadillac, Toyota, BMW and Ferrari are locked in a razor-thin Hypercar fight, separated by about eight seconds as the leaders navigate FCY disruptions and pit stops; while Cadillac leads, BMW and Toyota press hard and Ferrari lurks, setting up a dramatic finale amid a backdrop of retirements and class battles across LMP2 and LMGT3.

via 24 Heures du Mans|

#bmw #cadillac #hypercar

nascar1 month ago•25 min saved

Corey Heim Lands Full-Time Cup Ride with 23XI in 2027

Corey Heim, the reigning NASCAR Craftsman Truck Series champion and 23XI Racing’s development driver, will move to a full-time Cup Series ride with 23XI in 2027, piloting the No. 35 Toyota Camry XSE. Heim has already appeared in Cup races for 23XI (including the 2026 Daytona 500) and has accumulated 25 Truck Series wins, two Regular Season Championships, and the 2025 Truck Championship. The promotion underscores 23XI’s ongoing expansion to a three-car Cup program as the team continue to develop Heim’s talent for the top level.

via Jayski|

#23xi-racing #corey-heim #cup-series

politics2 months ago•62 min saved

Duffy Family Road-Trip Show Triggers Ethics Firestorm Over Sponsor Ties

The wife of Transport Secretary Sean Duffy, Fox News host Rachel Campos-Duffy, faced backlash after critics highlighted that their new road-trip reality series is sponsored by companies the DOT regulates, sparking ethics concerns even as the production is claimed to be funded by a nonprofit and not taxpayers. Critics including Chasten Buttigieg and Democratic officials said the arrangement is out of touch amid high gas prices; Duffy and supporters argue officials cleared his participation and deny any taxpayer funding. The controversy coincides with the Duffys promoting a five‑part YouTube series and a spate of aviation incidents during Duffy’s tenure, adding to the tense political moment surrounding the show.

via The Daily Beast|

#boeing #politics #rachel-campos-duffy

business2 months ago•5 min saved

Toyota Faces $4.3B War-Driven Hit as Hybrids Rise and Rivals React

Toyota expects about 670 billion yen ($4.3 billion) in costs this financial year from the Iran conflict, driven by higher material costs, delivery delays and weaker sales; U.S. hybrid sales rose 37% as buyers seek fuel efficiency while EV demand lags; GM plans to boost pickup inventory after Ford's F-150 supply snags; Mercedes-Benz recalls 144,049 U.S. vehicles for infotainment/display issues.

via Jalopnik|

#business #gm-pickups #hybrids