News

Toyota Announces $2.5 Billion Expansion of North Carolina Plant with 350 Additional Jobs and BEV Battery Capacity

LIBERTY, N.C. (Aug. 31, 2022) – Toyota announced an additional investment of $2.5 billion in its newest North American facility, Toyota Battery Manufacturing North Carolina (TBMNC). This investment adds capacity to support battery electric vehicle (BEV) battery production and adds 350 jobs, bringing the total employment to approximately 2,100. Scheduled to begin production in 2025, the facility will produce batteries for hybrid electric vehicles (HEV) and BEVs.  

Toyota Financial Services Promotes Diversity & Inclusion Through its Latest Bond Offering

PLANO, Texas (Aug. 26, 2022) – Toyota Financial Services (TFS) reinforced its dedication to integrating Diversity & Inclusion (D&I) in all areas of its business through the issuance of its sixth D&I Bond in the amount of $750 million. This latest bond offering continues Toyota Financial Services’ ongoing commitment to helping diverse underwriting firms strengthen their experience working on high profile deals. The company’s new three-year fixed rate D&I Bond serves as both an integral component of Toyota’s comprehensive funding program, and enhances Toyota’s diversity efforts by highlighting exceptionally capable Minority- and Women-Owned Business Enterprise (MWBE) certified firms. 

2023 Toyota GR Corolla Named Official Pace Car for National Championships at Laguna Seca

PLANO, Texas (Aug. 25, 2022) – Toyota unveiled its turbocharged and all-wheel drive 2023 GR Corolla this past Spring, expanding its Toyota Gazoo Racing performance model lineup and rewarding enthusiasts with this rowdy, rally inspired, 300-horsepower hot hatch. Today, Toyota proudly announces the GR Corolla is the official pace car for the 2022 National Auto Sport Association (NASA) National Championships.

Social Media

Newsroom Highlights

Email Sign Up

Enter your email address below to sign up for email alerts.

*Indicates Required