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TMC Announces April Through March 2024 Financial Results

TOYOTA CITY, Japan (May 8, 2024) — Consolidated vehicle sales totaled approximately 9,443,000 units, an increase of approximately 621,000 units compared to the same period last fiscal year. On a consolidated basis, net revenues for the period totaled 45.095 trillion yen ($311.0 billion), an increase of 21.4%. Operating income increased from 2.725 trillion yen ($20.2 billion) to 5.352 trillion yen ($36.9 billion), while income before income taxes 1 was 6.965 trillion yen ($48.0 billion). Net income 2 increased from 2.451 trillion yen ($18.2 billion) to 4.944 trillion yen ($34.1 billion).

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Toyota Motor North America Announces New Leadership Structure

Toyota Motor North America Announces New Leadership Structure

PLANO, Texas (April 30, 2024) – Toyota Motor North America (TMNA) today announced executive leadership changes designed to drive continued growth, advance our commitment to vehicle electrification, and prepare for the future of mobility. Jack Hollis and Chris Reynolds are assigned new roles and will continue to report to Ted Ogawa, chief executive officer, TMNA. The following changes are effective immediately.

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Toyota and Argonne National Laboratory Investigate Recycling of Lithium-Ion Batteries

Toyota and Argonne National Laboratory Investigate Recycling of Lithium-Ion Batteries

ANN ARBOR, Mich. (April 30, 2024) – Toyota Motor North America ('Toyota’) announces that it has entered a Cooperative Research and Development Agreement (CRADA) with the U.S. Department of Energy’s Argonne National Laboratory to investigate the development of a direct recycling process for lithium-ion batteries, which are prevalent in new electric vehicles. The focus of the research will be on cathode chemistries made of nickel, manganese, and cobalt.

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Toyota Crown Brings Even More Premium Style and Technology for 2025

Toyota Crown Brings Even More Premium Style and Technology for 2025

PLANO, Texas (April 30, 2024) – Heating things up for 2025, the Toyota Crown is adding a new Nightshade Edition to the Crown sedan lineup. Featuring new dark badging, black handles, and 21-inch 10-spoke wheels with matte-black finish, the Toyota Crown is sure to turn heads. Built off the Limited grade, the Nightshade Edition adds a bold and striking contrast to the lineup.

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