TM News & Events

Toyota Motor North America announced it will invest $3.6B to expand its San Antonio manufacturing campus with a second vehicle assembly line to support the Tacoma truck. "The expansion will create 2,000 new, high-quality jobs and add 2.5 million square feet to Toyota Texas, doubling its size by 2030. TMNA will transition Tacoma production from Toyota Motor Manufacturing Baja California to the expanded Toyota Texas plant over an approximate four-year period," the company stated. "Toyota's continued investment in North America is a testament to our confidence in the region's workforce, innovation and long-term growth potential. By expanding our San Antonio plant, we are deepening our commitment to American manufacturing, creating meaningful and sustainable jobs, while advancing our mission to deliver high-quality vehicles that meet the changing needs of customers today and into the future," said President and CEO Ted Ogawa, TMNA.

Toyota Motor North America reported June 2026 U.S. sales of 212,793 vehicles, up 10.1 percent on a volume basis and up 5.7% on a daily selling rate basis compared to June 2025. Sales of electrified vehicles for the month totaled 122,063, up 35% on a volume basis and up 29.6% on a DSR basis, representing 57.4% of total sales volume. For the second quarter, TMNA reported sales of 673,971 vehicles, up 1.1% on a volume basis and up 1.1% on a DSR basis versus the second quarter of 2025. Sales of electrified vehicles for the second quarter totaled 383,091, up 19.5% on a volume basis and up 19.5% on a DSR basis, representing 56.8% of total sales volume. Toyota division posted June sales of 183,627 vehicles, up 11.2% on a volume basis and up 6.8% on a DSR basis. For the quarter, Toyota division reported sales of 585,211 vehicles, up 2.6% on a volume basis and up 2.6% on a DSR basis. Lexus division posted June sales of 29,166 vehicles, up 3.9% on a volume basis and down 0.3 percent on a DSR basis. For the

Joby Aviation (JOBY) and Toyota (TM) announced the initial phase of their strategic manufacturing alliance by establishing the Joint Venture to realize air mobility. This will combine Joby's work in electric aviation with Toyota's expertise in production systems. The strategic alliance will initially focus on establishing the groundwork for commercial production, and advancing manufacturing excellence, with particular emphasis on further improving productivity, quality, and cost. Going forward, it will also support the expansion of Joby's production capacity to support aircraft certification and meet anticipated growth in demand for its electric vertical take-off and landing, or eVTOL, aircraft. Going forward, both companies will continue to work through this Joint Venture to bring air mobility to society on a broader scale.

In May year-to-date, new EU car registrations increased by 4%, indicating a strong start to the year amid a backdrop of persistent geopolitical headwinds weighing on the outlook, according to the ACEA. Publicly traded automakers include Ford (F), General Motors (GM), Honda (HMC), Lucid Group (LCID), Mercedes-Benz (MBGYY), Nissan (NSANY), Rivian (RIVN), Stellantis (STLA), Tesla (TSLA), Toyota (TM) and Volkswagen (VWAGY).