Latest Toyota Motor Corp News
Kyle Busch sells NASCAR team to Spire Motorsports as 2-time Cup champion ends ownership role
CHARLOTTE, N.C. (AP) — Kyle Busch has sold his Truck Series team, manufacturing business and all the Kyle Busch Motorsports assets to Spire Motorsports in a deal announced Wednesday. KBM is one of the most successful truck organizations in NASCAR history and holds the series...
Hundreds of flying taxis to be made in Ohio, home of the Wright brothers and astronaut legends
COLUMBUS, Ohio (AP) — The same Ohio river valley where the Wright brothers pioneered human flight will soon be manufacturing cutting-edge electric planes that take off and land vertically, under an agreement announced Monday between the state and Joby Aviation Inc. “When...
The auto workers strike will drive up car prices, but not right away — unless consumers panic
DALLAS (AP) — Car shoppers are heading for a new round of sticker shock if the strike by the United Auto Workers doesn’t end soon, particularly for popular vehicles that are already in short supply. The number of vehicles on dealer lots will shrink the longer the walkout goes on....
Ford announces leadership changes, adding more family to the mix
The great-great-granddaughter and great-great-grandson of founder Henry Ford would be taking on leadership roles at the 120-old automaker. Elena Ford, who had been serving as chief customer experience officer, becomes the company's chief dealer engagement officer. Will Ford III was...
Indiana Gov. Holcomb leading weeklong foreign trade mission to Japan beginning Thursday
INDIANAPOLIS (AP) — Indiana Gov. Eric Holcomb will lead a delegation to Japan beginning Thursday for a weeklong trade mission to the country his office bills as “the state’s largest foreign investor.” Holcomb and representatives of the Indiana Economic Development Corp. will...
US steps toward forcing recall of 52 million air bag inflators that can explode and hurl shrapnel
DETROIT (AP) — The U.S. government is taking a big step toward forcing a defiant Tennessee company to recall 52 million air bag inflators that could explode, hurl shrapnel and injure or kill people. The National Highway Traffic Safety Administration on Tuesday said it has made an...
All assembly lines at Toyota's auto plants in Japan have been shut down by computer problems
TOKYO (AP) — All 28 vehicle assembly lines at Toyota’s 14 auto plants in Japan shut down Tuesday over a problem in its computer system that deals with incoming auto parts. The automaker doesn’t believe the problem was caused by a cyberattack but the cause is still under...
Stock market today: Asian shares mostly rise as attention turns to earnings, economies
TOKYO (AP) — Asian shares mostly rose Tuesday as markets shift their attention from the U.S. Federal Reserve to earnings and economic reports. Regional markets also got a perk from signs China-U.S. relations may be improving, as the nations agreed to work together to smooth out...
Indiana automotive parts supplier to close next spring, costing 155 workers their jobs
ASHLEY, Ind. (AP) — An automotive parts supplier plans to close its northeastern Indiana plant next spring, costing more than 150 employees their jobs. Plymouth, Michigan-based TRAM Inc. said its TRIN Inc. plant in the town of Ashley will close on March 31, 2024, and 155 workers,...
Looking for a new car under $20,000? Good luck. Your choice has dwindled to just one vehicle
DETROIT (AP) — Just five years ago, a price-conscious auto shopper in the United States could choose from among a dozen new small cars selling for under $20,000. Now, there’s just one: The Mitsubishi Mirage. And even the Mirage appears headed for the scrap yard. At a time when...
