Toyota developing hydrogen combustion engines for commercial products

Toyota said it is working towards using hydrogen combustion engines in commercial products. The company is testing the hydrogen combustion engines in race cars.

Highlights

• Toyota is developing hydrogen combustion engines
• These engines will u...

Toyota is planning to spend $13.5 in order to develop batteries

Highlights

• The company is planning to spend $13.5 billion on battery system and batteries
• The company is hoping to cut the cost of batteries of 30%

On Tuesday, Toyota Motor said it expects to spend more than $13.5 billion to dev...

JAPANESE COMPANIES ARE RAMPING UP EFFORTS TO BRING DOWN CARBON EMISSIONS

Highlights

• In order curb the emissions, Seiko Epson intends to spend nearly 900 million dollars

Global warming is one of the biggest problems faced by mankind today. Top companies in Japan have now decided to take on this problem. In order to do so, they are increasingl...

TOYOTA SHARES HITS HIGH WITH $91 MARK OVER RISING AUTO DEMAND

Highlights –

• Toyota shares hit high with $91 mark over rising auto demand.
• The company shares rose at such a mark for the first time since its listing on the TSE in 1949.
• The company shares have been recording highs since May 28.
...

TOYOTA AUSTRALIA: IT IS NOT AFFECTED BY SHORTAGE OF SEMICONDUCTORS

Highlights:

• Toyota Australia said, it is not affected by the shortage of semiconductors
• The company has reported a record demand for much of the company’s line up

The automobile company Toyota said that, it has been doing ...

TOYOTA MOTOR’S GLOBAL OUTPUT DOUBLED IN APRIL

Highlights –

• Toyota Motor’s global output doubled in April.
• Global sales doubled to 859,448 units.
• Sales in Japan itself including mini vehicles, rose 27.1 percent from a year earlier to 124,017 units.
• Overseas output...

TOKYO STOCKS END HIGH ON FRIDAY OVER U.S ECONOMIC DATA

Highlights –

• Tokyo stocks end high on Friday over U.S economic data.
• The 225-issue Nikkei Stock Average ended up 600.40 points, or 2.10 percent.
• The broader Topix index of all First Section issues on the TSE finished 36.42 points, or ...

TOKYO STOCKS OPEN LOW OVER WEAK U.S HOUSING DATA ON WEDNESDAY

Highlights –

• Tokyo stocks open low over weak U.S housing data on Wednesday.
• The 225-issue Nikkei Stock Average shed 398.75 points, or 1.40 percent.
• Stocks declines in companies led by pulp and paper, machinery, and oil and coal produc...

TOYOTA MOTOR TO HOLD OFF PRODUCTION LINES OVER CHIP SHORTAGE

Highlights –

• Toyota Motor to hold off production lines over chip shortage.
• The company plans to halt two of its plants for around 8 days in June.
• The suspension of production will affect around 20,000 vehicles.
• Toyota expec...

TOKYO STOCKS END HIGH OVER HOPE ON ADDITIONAL ECONOMIC MEASURES

Highlights –

• Tokyo stocks end high over hope on additional economic measures.
• The 225-issue Nikkei Stock Average ended up 582.01 points, or 2.09 percent.
• Stock issues gained iron and steel, insurance and nonferrous metal issues.
...

TOYOTA EXTENDS WARRANTY FOR CUSTOMERS

HIGHLIGHTS

• Toyota has extends warranty and prepaid service packages for customers in many countries including India.
• Toyota is also offering non-chemical fumigation treatment of vehicles.
• Free services, lapsed warranty, and prepaid service ...

TOYOTO TO ACQUIRE LYFT’S SELF DRIVING DIVISION FOR $550 MILLION

Highlights –

• Toyota to acquire Lyft’s self-driving division for $550 million.
• Toyota will make the purchase via its unit engaging in software developments Woven Planet Holdings Inc.
• Toyota is also working with Aurora Innovation ...

TOYOTA TO INCREASE ITS SOFTWARE ENGINEER INTAKE BY 50%

Highlights –

• Toyota to increase its software engineer intake by 50%.
• Toyota wants to boost the development of autonomous and other next-generation vehicles.
• Toyota employs a traditional mass recruitment system for university students....

TOKYO STOCKS END DOWN OVER ECONOMIC IMPACT OF COVID-19 COUNTERMEASURES

Highlights –

• Tokyo stocks end down over economic impact of COVID-19 countermeasures.
• The 225-issue Nikkei Stock Average ended down 167.54 points, or 0.57 percent.
• Topix index of all First Section issues on the TSE finished 7.52 points...

KAIDA REPORTS S. KOREA’S SALES ON IMPORTED VEHICLE TO INCREASE IN MARCH

Highlights –

• KAIDA reports S. Korea’s sales on imported vehicle to increase in March.
• German cars saw the most sales in the country.
• In March the country’s newly registered foreign vehicles climbed to 27,297 units.
...

TOYOTA LAUNCHED ITS FIRST HYDROGEN FUEL PUMP IN AUSTRALIA

Highlights:

• Toyota Motor Corp has opened its first commercial hydrogen fuel pump in Australia
• Toyota is pressing Australia for promoting the rollout of hydrogen fuel stations

On Monday, the company Toyota Motor Corp has successfully ...

SURVEY: TOYOTA IS BEST CAR BRAND IN AUSTRALIA

Highlights:

• According to a survey, Toyota has been the best car brand in Australia
• The research has been compiling the scores for how the customers has been viewing the quality of the brand and owner’s satisfaction

According to...

GLOBAL OUTPUT OF JAPANESE AUTOMAKERS FELL BY 4.5 PERCENT IN JANUARY

Highlights –

• Global output of Japanese automakers fell by 4.5 percent in January.
• Toyota Motor Corp. and Nissan Motor Co. saw their production rise in the month.
• Toyota’s global sales in January were up 4.6 percent.
• N...

TOKYO STOCKS END MIXED OVER SOLID GAINS IN SEMI-CONDUCTOR SHARES

Highlights –

• Tokyo stocks end mixed over solid gains in semi-conductor shares.
• The 225-issue Nikkei Stock Average ended at 42.86 points.
• Topix index on the TSE finished 3.06 points.
• Stock issues declined in marine transport...

TOYOTA MOTOR EXPECTS ITS GLOBAL OUTPUT TO INCREASE BY 9.2 MILLION IN 2021

Highlights –

• Toyota Motor expects its global output to increase by 9.2 million in 2021.
• The target is said to be higher than the current record of 9.05 million units in 2019.
• In 2020 Toyota's global output fell by half from a year...