Tag: Toyota

@Toyota: Toyota Statement on New EPA Environmental Standards

Today the EPA proposed stringent new environmental standards for future vehicles. Concurrently, the Biden Administration set an aspirational goal that up to 50% of the new vehicle market will be electric by 2030. You can count on Toyota to do our part. This is great for the environment and helps protect the 436,000 American jobs… Continue reading @Toyota: Toyota Statement on New EPA Environmental Standards

Autos & Transportation · 12:54 PM UTCBiden to aim for 50% EVs by 2030 with industry supportU.S. President Joe Biden will sign an executive order on Th…

WASHINGTON, Aug 5 (Reuters) – U.S. President Joe Biden will sign an executive order on Thursday aimed at making half of all new vehicles sold in 2030 zero-emissions vehicles and will propose new vehicle-emission rules to cut pollution through 2026, the White House said. Biden’s goal, which is not legally binding, won the support of… Continue reading Autos & Transportation · 12:54 PM UTCBiden to aim for 50% EVs by 2030 with industry supportU.S. President Joe Biden will sign an executive order on Th…

Meritor Reports Third-Quarter Fiscal Year 2021 Results

TROY, Mich., Aug. 4, 2021 /PRNewswire/ — Meritor, Inc. (NYSE: MTOR) today reported financial results for its third fiscal quarter that ended June 30, 2021. Third-Quarter Highlights Sales of $1,016 million Net income attributable to Meritor and net income from continuing operations attributable to Meritor of $42 million Diluted earnings per share from continuing operations of $0.58… Continue reading Meritor Reports Third-Quarter Fiscal Year 2021 Results

@Toyota: TMC Announces Financial Results for the First Quarter Ended June 30, 2021

TOYOTA CITY, Japan (August 4, 2021)—Toyota Motor Corporation (TMC) today announced its financial results for the first quarter which ended June 30, 2021. Consolidated vehicle sales totaled approximately 2,148,000 units, an increase of approximately 990,000 units compared to the same period last fiscal year. On a consolidated basis, net revenues for the period totaled 7.935… Continue reading @Toyota: TMC Announces Financial Results for the First Quarter Ended June 30, 2021

Autos & Transportation · 3:03 PM UTCGM shares drop 7.8% despite record pre-tax profit, improved outlookGeneral Motors Co’s (GM.N) pickup trucks are ha…

The new GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021. Picture taken March 16, 2021. REUTERS/Rebecca Cook DETROIT, Aug 4 (Reuters) – General Motors Co’s (GM.N) pickup trucks are hauling in cash through the global semiconductor shortage and a resurgent pandemic, but investors on… Continue reading Autos & Transportation · 3:03 PM UTCGM shares drop 7.8% despite record pre-tax profit, improved outlookGeneral Motors Co’s (GM.N) pickup trucks are ha…

Autos & Transportation · 6:30 AM UTCToyota posts record profit but cautious on outlook as chip crunch weighsToyota Motor Corp (7203.T) posted a record…

Maintains full-year guidance on operating profit, vehicle sales Less affected by global chip shortage than many rivals Shares extend loss after results, down 2% TOKYO, August 4 (Reuters) – Toyota Motor Corp (7203.T) posted a record quarterly operating profit on Wednesday as pandemic-hit sales rebounded, but refrained from raising its full-year estimate, citing rising COVID-19… Continue reading Autos & Transportation · 6:30 AM UTCToyota posts record profit but cautious on outlook as chip crunch weighsToyota Motor Corp (7203.T) posted a record…

@Toyota: A Journey with Joby Aviation: From Investment to Strategic Manufacturing Collaboration

At Toyota Ventures, we are on a mission to discover what’s next for Toyota by helping early-stage startups bring disruptive technologies and business models to market quickly. When we make an investment, it’s the first step in a much longer journey that we’re taking with our portfolio companies. We believe their success is our success.… Continue reading @Toyota: A Journey with Joby Aviation: From Investment to Strategic Manufacturing Collaboration

@Toyota: SPARX Group to Establish “Mirai Creation Fund III”

SPARX Group Co., Ltd. (“SPARX”) has established the Mirai Creation Fund III (“Fund III”). The two seed LPs for the Mirai Creation Fund II (“Fund II”), Toyota Motor Corporation (“Toyota”) and Sumitomo Mitsui Banking Corporation (“SMBC”), are to participate again as initial investors in Fund III. In addition to the five (5) categories of Intelligent… Continue reading @Toyota: SPARX Group to Establish “Mirai Creation Fund III”