Toyota Motor (TM) Toyota recalls 1M vehicles in U.S.

Toyota recalling 1.12 million vehicles over potential air bag issue

By David Shepardson

WASHINGTON (Reuters) -Toyota Motor said on Wednesday it will recall 1.12 million vehicles worldwide because a short circuit in a sensor could cause air bags not to deploy as designed.

The recall covers 2020 through 2022 model year vehicles including various Avalon, Camry, Corolla, RAV4, Lexus ES250, ES300H, ES350, RX350 Highlander and Sienna... More

Toyota recalling 1M US vehicles over sensor that may short circuit, which could result in air bags not deploying as designed

(Updated - December 20, 2023 1:54 PM EST)

Toyota recalling 1M US vehicles over sensor that may short circuit, which could result in air bags not deploying as designed, according to the automaker.

Toyota said on Wednesday it will recall 1 million vehicles in the US because... More

Tesla, Toyota, Honda sold Vehicle Emissions Credits in 2022, Stellantis, General Motors, Mercedes-Benz Bought - EPA

Tesla, Toyota, Honda sold Vehicle Emissions Credits in 2022, Stellantis, General Motors, Mercedes-Benz bought - EPA

Macquarie Reiterates Underperform Rating on Toyota Motor (7203:JP) (TM)

Macquarie analyst James Hong reiterated an Underperform rating and JPY2,300.00 price target on Toyota Motor (7203:JP) (NYSE: TM).

Toyota (TM) halts all shipments of Daihatsu brand vehicles

(Updated - December 20, 2023 11:22 AM EST)

UPDATE: article has been updated to include comments by Citi Research analysts.

Toyota (NYSE: TM) revealed Wednesday that the automakers small-car Daihatsu unit will halt shipments of all of its vehicles following a safety investigation that found issues involving 64 models, including almost two dozen sold under Toyota's brand.

Toyota stated that the impacted models included those intended for the Southeast Asian markets such as Thailand, Indonesia, Malaysia, Cambodia, and Vietnam. Additionally, the affected models extended to Central and South American countries including Mexico, Ecuador,... More

Futures inch lower, FedEx cuts annual revenue forecast - what's moving markets

Investing.com -- Futures edge lower on Wednesday, suggesting a slight pullback on Wall Street following a surge in stocks in the prior session that was fueled by expectations for potential Federal Reserve interest rate cuts in early-2024. Elsewhere, FedEx shares dip premarket after the delivery giant slashes its annual revenue outlook, while Toyota (TYO:7203) (NYSE: TM) temporarily suspends shipments of its Daihatsu brand cars as a scandal over rigged safety tests deepens.

Tesla (TSLA) to raise hourly pay for some workers at NV Gigafactory

Electric automaker, Tesla Inc (NASDAQ: TSLA) announced Monday that the company would be raising the hourly pay of some workers at its gigafactory in Nevada by around 10% starting in early January.

The electric vehicle manufacturer is set to increase the hourly wages for its employees, raising the lower end from $20 to $22 per hour and the higher end... More