Toyota Motor Corporation, Volvo Group and Daimler Truck have signed an agreement for Toyota to acquire a one-third stake in heavy-duty fuel cell systems developer cellcentric, making the three companies equal shareholders. The partnership aims to strengthen cellcentric's technological leadership, manufacturing scale and competitiveness in hydrogen fuel cell systems for heavy-duty transport. The companies also plan to work with industry stakeholders to accelerate hydrogen supply chain and infrastructure development, while cellcentric will continue to operate as an independent company serving multiple transport and industrial sectors.
Jul 27, 2026 23:03According to industry sources on July 14, LG Chem has been supplying battery cathode materials to Toyota Motor Engineering & Manufacturing North America (TEMA) since the second quarter. Supply volumes are also gradually increasing. The two companies signed a KRW 2.86 trillion cathode materials supply contract in October 2023, with the contract running through December 2030.
Jul 16, 2026 11:58On July 7, Toyota Motor Corporation is shifting production of its Tacoma midsize pickup truck from a factory in Mexico to San Antonio, as part of the automaker's $3.6 billion upgrade plan for the Texas plant. The company will build a second production line at the San Antonio factory, creating approximately 2,000 new jobs by 2030. The factory currently mainly produces full-size pickup trucks and SUVs. The expansion of the San Antonio plant will double its facility size to approximately 5 million square feet. Since its groundbreaking 23 years ago, Toyota's cumulative investment at this site will reach $8.3 billion.
Jul 8, 2026 16:02Toyota Motor's global sales declined for the fourth consecutive month in May, weighed down by business disruptions in the Middle East and intense competition in the Chinese market. The Japanese automaker said on Monday that worldwide sales fell 7.4% year‑on‑year to 885,207 units in May, including those of its subsidiary Daihatsu. Global production also dropped 5.8% to 857,765 vehicles.
Jun 30, 2026 19:39On June 29, Toyota Motor Corporation announced that its global production in May 2026 was 857,765 units, down 5.8% YoY, and global sales were 885,207 units, down 7.4% YoY. The company stated that effective April 2026, the group's reporting scope had been adjusted to include only Toyota and Daihatsu, excluding Hino.
Jun 30, 2026 18:23Toyota Motor Manufacturing UK has established a closed-loop aluminum recycling system at its Burnaston plant in Derbyshire, creating what it describes as a European-first process for recovering aluminum from end-of-life vehicles and reusing it in new hybrid vehicle production. Recycled aluminum from discarded alloy wheels is sent to Toyota’s Deeside engine plant in Wales, where it is processed into hybrid powertrain components before returning to Burnaston for installation in new Corolla vehicles. Toyota produced its first vehicle containing recycled aluminum from this system on March 19, 2026. The Burnaston facility serves as a pilot site, with a second Circular Factory planned for Wałbrzych, Poland, later this year.
Jun 9, 2026 14:28