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Toyota To Invest $500 Million in Joby Aviation
TOYOTA CITY, Japan, and SANTA CRUZ, Calif. (Oct. 2, 2024) – Toyota Motor Corporation (Toyota; NYSE: TM) and Joby Aviation, Inc. (Joby; NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced that Toyota will invest an additional $500 million to support the certification and commercial production of Joby’s electric air taxi, with the aim of realizing the two companies’ shared vision of air mobility.
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Toyota Motor North America Reports
U.S. September and Third Quarter 2024 Sales Results
PLANO, Texas (Oct. 1, 2024) – Toyota Motor North America (TMNA) reported U.S. September sales of 162,595 vehicles, down 20.3 percent on a volume basis and down 9.9 percent on a daily selling rate (DSR) basis versus September 2023. September electrified vehicle sales consisting of hybrids, plug-in hybrids, pure electrics and fuel cells were 48.4 percent of total sales volume and totaled 78,683, up 22.4 percent on a volume basis and up 38.3 percent on a DSR basis.
Read MoreThe Capable Toyota Land Cruiser Adventures into 2025
PLANO, Texas (Oct. 1, 2024) – The 2025 Land Cruiser is the perfect blend of capability and premium features. First introduced in the United States in 1958, the Land Cruiser is the Godfather of Toyota’s incredible off-road heritage. The 250 series Land Cruiser enters its second year as an extremely capable off-roader, packed with premium features and at a more accessible price point than the previous generation. This icon boasts a head-turning look, impressive technology, and the latest off-road aids. The 2025 Land Cruiser is expected to hit dealers in late-October with a Manufacturer’s Suggested Retail Pricing (MSRP) starting at $56,450*.
Read MoreToyota ‘Stands Out in Every Sense’ in New Crown Family Campaign
PLANO, Texas (Sept. 30, 2024) – Launching today, Toyota’s new marketing campaign, “Stand Out in Every Sense,” highlights the 2025 Toyota Crown Family in all its glory. From innovative sophisticated design to modern technology and high-end performance - all harmonizing to create a driving experience that engages every sense and elevates the everyday.
Read MoreToyota Supports Relief Efforts for Hurricane Helene and Other Recent Natural Disasters
PLANO, Texas (Sept. 27, 2024) – Toyota Motor North America and Toyota Financial Services announced efforts to assist those suffering from the impacts of Hurricane Helene and other recent natural disasters across the country. Toyota contributes annually to The American Red Cross and SBP, and these funds are utilized to support recovery efforts when disasters strike around the nation. To further assist affected communities, Toyota is matching contributions for donations made by U.S.-based employees to support The American Red Cross, SBP and other eligible nonprofits.
Read MoreNew Name, Same Great Powertrain for the 2025 Toyota RAV4 Plug-in Hybrid
PLANO, Texas (Sep. 26, 2024) - Since 2019, the Toyota RAV4 Prime model has brought the flexibility of Plug-in Hybrid driving to customers. With 42 miles of battery powered all-electric range that can be recharged at home or a public charging station, and a manufacturer-estimated 38 MPG combined rating when in hybrid mode, it’s a RAV4 made to put the power of choice in drivers’ hands. For model year 2025, it continues with a winning blend of powerful electric and hybrid-electric driving and changes its name to RAV4 Plug-in Hybrid Electric Vehicle (PHEV), or simply RAV4 Plug-in Hybrid. The switch to the RAV4 Plug-in name is intended to help consumers more easily identify the powertrain choices among RAV4 models. In addition to the model naming change, the Toyota logo on the front and rear of the vehicle will no longer have a blue “halo” within.
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