Toyota News
There is an offer pending on the 400-acre property, Toyota Motor North America spokesman Rick Bourgoise told Crain’s Detroit Business, an affiliate of Automotive News.
Self-driving tech startup Nuro Inc. announced a new funding round that it said will support its commercial expansion plans in additional U.S. cities and internationally through 2027.
Hyundai, Genesis and Kia will share the stage with Volkswagen and Subaru at the 2025 New York auto show.
No. 2 Lexus trailed BMW by about 4,500 vehicles.
Toyota currently builds cars in Japan and China, but expanding production to markets including the U.S., could hedge against tariff and foreign exchange risks and cut delivery times, the Nikkei reported.
A quick look at the week's top stories as determined by reader interest.
Toyota is marking the end of its six-year collaboration with BMW with a GR Supra MkV Final Edition version of the 382-hp sports car.
Japanese buyers are waiting two to five months for many hybrid models while Toyota’s European customers wait on average 60 to 70 days for new hybrids. U.S. dealers are selling out their hybrids.
Strong hybrid sales pushed Toyota up 0.1% in Q1, while Lexus sales grew 5.8%
Automakers were counting on another U.S. sales gain in 2025 after volume rose 2.5 percent to 16 million in 2024. But tariffs and sliding consumer and business sentiment have clouded the outlook.