Toyota Motor Corporation announces Koji Sato as its new president and Chief Executive Officer. Akio Toyoda moves to a new role as chairman.
Toyota announces the company's first U.S.-assembled BEV will be built at TMMK and powered by batteries from TBMNC. The company also announces a nearly $50M investment to build a new automotive battery lab at its Michigan R&D headquarters as well as an additional $8B investment at TBMNC to support BEV and Plug-In Hybrid Electric Vehicle (PHEV) production lines.
The first-ever Grand Highlander debuts. Also announced are: the all-new 2024 Tacoma i-FORCE MAX; the exclusively-hybrid, all-new 2024 Land Cruiser; first-ever 2025 Toyota Crown Signia; and ninth generation, exclusively-hybrid 2025 Camry.
TMMI celebrates the start of production of the 2024 Lexus TX, the first Lexus SUV to be assembled in the U.S. and the first Lexus for Toyota Indiana.
Toyota announces the Way Forward Fund, a multi-year initiative aimed at strengthening access to care and injury recovery support for individuals and their families.
