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Toyota Motor Corporation (TOYOF)

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15.53+0.17 (+1.11%)
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  • Bloomberg

    Toyota Runs Out of US Tax Credits for EVs, Joining Tesla and GM

    (Bloomberg) -- Toyota Motor Corp. has used up a key US tax credit for hybrid and electric vehicles, a milestone that the automaker says will raise its costs and hinder adoption of climate-friendly cars.Most Read from BloombergJPMorgan Sees ‘Stratospheric’ $380 Oil on Worst-Case Russian CutUS Court Ruling May Take 70,000 Truckers Off Road, Spur JamsCrypto Meltdown Claims Rolex and Patek Philippe as VictimsJPMorgan’s Aronov Ignores the ‘Cash Is Trash’ Chorus: Q&AThe Wheels Have Come Off Electric V

  • Reuters

    UPDATE 1-Toyota charts new course in India with its first mass market hybrid car

    Toyota Motor Corp on Friday unveiled its first mass market hybrid car for India, a sport utility vehicle (SUV), charting a new course for the Japanese automaker in one of the world's fastest growing car markets. The Urban Cruiser Hyryder SUV, the first car to be built by Toyota as part of a global alliance with Suzuki Motor Corp , will compete with Hyundai Motor Co and Kia Motor Corp in a segment that accounts for a large portion of auto sales in India. The new model will be an "ultimate game changer" for the company in India's electrified auto space, Vikram Kirloskar, vice chairman of local unit Toyota Kirloskar Motor, said at a launch event in New Delhi.

  • Reuters

    UPDATE 3-GM outsells Toyota in Q2 as inventory shortages linger

    General Motors Co surpassed Toyota Motor Corp in second-quarter U.S. car sales, data on Friday showed, even as persistent chip shortages and supply chain disruptions crimped automakers' ability to meet pent-up demand. GM, which lost its crown as the U.S. sales leader last year for the first time since 1931 to Toyota, said it sold 582,401 vehicles in the quarter through June, 15% lower than a year earlier. Toyota, which has been one of the worst hit automakers this year from supply chain disruptions and China's COVID-19 lockdowns, sold 531,105 vehicles, down 22%.