Toyota Motor Corporation (NYSE:TM) has decided to expand its engine development plant in Kentucky.

Toyota Motor Corporation To Expand Development Plant

The Japanese auto giant Toyota Motor Corporation (NYSE:TM) said that it will increase its engine assembly capacity at Georgetown plant in central Kentucky.

As a part of the move, Toyota Motor Corporation (NYSE:TM) will create about 80 new jobs and will spend around $32 million in addition.

The expansion will push the plant’s engine building capacity to 700,000 when the addition goes online in August 2013.

Toyota Motor Company (NYSE:TM) shares are currently standing at 78.17.

Price History
Last Price: 78.17
52 Week Low / High: 60.37 / 87.15
50 Day Moving Average: 82.63
6 Month Price Change %: 21.0%
12 Month Price Change %: -1.5%

Toyota Motor Corporation (NYSE:TM) has decided to increase locally manufactured vehicles in the Philippines by 2016.

Toyota Motor Corporation Boosts Philippines Manufacturing

The Japanese auto maker giant Toyota Motor Corporation (NYSE:TM) has said that the company will increase the local content of its locally manufactured vehicles in Philippines to 40% by 2016.

Michinobu Sugata president of Toyota Motor Corporation (NYSE:TM) Philippines said that “increasing the local content from the current 20% to 25% would make their vehicles competitive, with the expected influx of imported vehicles from other East Asian countries.”

Toyota Motor Company (NYSE:TM) shares were at 81.78 at the end of the last day’s trading. There’s been a 11.9% change in the stock price over the past 3 months.

Toyota Motor Company (NYSE:TM) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 2 out of 12 in the industry

Toyota Motor Corporation (NYSE:TM) has appointed a new ambassador to endorse its passenger car models in India.

Toyota Motor Corporation Pushing India Marketing Strategy

Toyota Kirloskar Motor (TKM), the Indian arm of Toyota Motor Corporation (NYSE:TM), has signed up Indian cricketer Virat Kohli as its new brand ambassador to endorse its range of passenger car models.

Toyota Kirloskar Motor (TKM) deputy managing director Sandeep Singh said, “Kohli brings with him all the emotions that Toyota aims to offer its customers through its range of vehicles. Kohli personifies the younger generation. Behind his youthfulness is immense potential, talent and self-belief, all of which Toyota Motor Corporation (NYSE:TM) stands for.”

Toyota Motor Company (NYSE:TM) stocks were at 83.86 at the end of the last day’s trading. There’s been a 22.2% movement in the stock price over the past 3 months.

Toyota Motor Company (NYSE:TM) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 3
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 3
Zack’s Rank: 2 out of 12 in the industry

Toyota Motor Corporation (NYSE:TM) is set to hire 150 engineers at its Technical Center.

Toyota Motor Corporation Set For Engineer Hiring

The largest Japanese automaker is hiring 150 new engineers, scientists, researchers and technicians at its North American Technical Center by the end of 2012.

The new jobs will be created at its Michigan facilities in Ann Arbor and Saline.

Toyota Technical Center (TTC) president Seiya Nakao said, “The hiring of 150 new engineers this year at TTC gives us renewed confidence that our local operation has the experience and leadership to lead us into the future. We are seeking talented, motivated individuals who thrive on challenges, who are team players and implement improvements in safety, quality and performance”.

Toyota Motor Company (NYSE:TM) shares were at 83.86 at the end of the last day’s trading. There’s been a 22.2% change in the stock price over the past 3 months.

Toyota Motor Company (NYSE:TM) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 3
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 3
Zack’s Rank: 2 out of 12 in the industry

Toyota Motor Corporation (NYSE:TM) has decided to increase auto prices in the US.

Toyota Motor Corporation Prices Set To Rise

According to an announcement made by Toyota Motor Corporation (NYSE:TM), it will make a midyear price increase of $90 to $250 on six models starting with vehicles produced in May.

Affected models include the Camry sedan, Prius v gas-electric hybrid, Highlander hybrid SUV, Tacoma pick-up and Scion tC small car.

Toyota Motor Corporation (NYSE:TM) did not, however, comment on its reasons for the price increases when it made the announcement.

Toyota Motor Company (NYSE:TM) shares were at 86.69 at the end of the last day’s trading. There’s been a 31.3% movement in the stock price over the past 3 months.

Toyota Motor Company (NYSE:TM) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 3
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 3
Zack’s Rank: 3 out of 12 in the industry

Toyota Motor Corporation (NYSE:TM) has announced the price tag of GT 86 in the UK.

Toyota Motor Corporation Announces UK GT 86 Price

The Japan based automaker Toyota Motor Corporation (NYSE:TM) has released the specifications and price tag of its upcoming 2-door GT 86 sports car.

The company will market the car in the UK starting from 1 July.

The new coupe comes in six-speed manual and six-speed automatic transmission options and they are priced at £24,995 and £26,495 respectively.

Toyota Motor Corporation (NYSE:TM) said that GT 86 features four-cylinder boxer engine, xenon headlamps, ‘Smart Entry’ keyless entry and start button, dual-zone air-conditioning, Hill Start Assist, cruise control and 17-inch alloy wheels.

The company has already started taking pre-orders for the new car.

Toyota Motor Company (NYSE:TM) company shares are currently standing at 86.82.

Price History
Last Price: 86.82
52 Week Low / High: 60.37 / 87.15
50 Day Moving Average: 81.01
6 Month Price Change %: 27.2%
12 Month Price Change %: 8.2%

Toyota Motor Corporation (NYSE:TM) is set to unveil a new US designed Sedan at the New York International Auto Show.

Toyota Motor Corporation To Unveil Sedan At New York Show

The Japan based car maker Toyota Motor Corporation (NYSE:TM) announced that it will unveil a US designed all new Sedan at this year’s New York International Auto Show on April 5.

The company said that the new car is a model it plans to produce in the near future.

Toyota Motor Corporation (NYSE:TM) has released a rear end photo of the new Sedan, and the image shows that the vehicle is sleeker and larger than current Camry sedans.

Toyota Motor Company (NYSE:TM) shares were at 85.64 at the end of the last day’s trading. There’s been a 29.9% change in the stock price over the past 3 months.

Toyota Motor Company (NYSE:TM) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 3
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 3
Zack’s Rank: 4 out of 12 in the industry

Toyota Motor Corporation (NYSE:TM) has announced the price of its new Scion FR-S sports car.

Toyota Motor Corporation Announces Scion Price

Toyota Motor Corporation (NYSE:TM) has announced the pricing of its upcoming 2013 compact Scion FR-S sports car.

The manual transmission version is priced at $24,200 and the automatic transmission version will be priced at $25,300.

This rear-wheel drive sports car has high performance aspirations and features a flat four-cylinder boxer engine.

Jack Hollis, Scion vice president at Toyota Motor Corporation (NYSE:TM), said, “Scion’s goal was to create an affordable sports car that true driving enthusiasts could enjoy. We accomplished that goal with the FR-S starting under $25,000…a total home run! Add in Scion’s complimentary Scion Service Boost, our no-haggle no-hassle Pure Price, and Scion’s network of about 1,000 dealers, and the FR-S is a grand slam”.

Toyota Motor Company (NYSE:TM) company shares are currently standing at 84.43.

Price History
Last Price: 84.43
52 Week Low / High: 60.37 / 85.85
50 Day Moving Average: 78.62
6 Month Price Change %: 22.9%
12 Month Price Change %: 1.2%