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TMC Announces April Through March 2024 Financial Results

TOYOTA CITY, Japan (May 8, 2024) — Consolidated vehicle sales totaled approximately 9,443,000 units, an increase of approximately 621,000 units compared to the same period last fiscal year. On a consolidated basis, net revenues for the period totaled 45.095 trillion yen ($311.0 billion), an increase of 21.4%. Operating income increased from 2.725 trillion yen ($20.2 billion) to 5.352 trillion yen ($36.9 billion), while income before income taxes 1 was 6.965 trillion yen ($48.0 billion). Net income 2 increased from 2.451 trillion yen ($18.2 billion) to 4.944 trillion yen ($34.1 billion).

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FuelCell Energy and Toyota Motor North America Celebrate Launch of World’s First ‘Tri-gen’ Production System at the Port of Long Beach

FuelCell Energy and Toyota Motor North America Celebrate Launch of World’s First ‘Tri-gen’ Production System at the Port of Long Beach

LONG BEACH, Calif. (May 2, 2024) – FuelCell Energy, Inc. (Nasdaq: FCEL) and Toyota Motor North America, Inc. (Toyota) are celebrating the grand opening of the first-of-its-kind “Tri-gen” system at the Port of Long Beach, California, today. Tri-gen uses biogas to produce renewable electricity, renewable hydrogen, and usable water, and was built to support the vehicle processing and distribution center for Toyota Logistics Services (TLS) at Long Beach, Toyota’s largest North American vehicle processing facility that receives approximately 200,000 new Toyota and Lexus vehicles annually.

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Toyota Establishes Hydrogen Headquarters to Accelerate Advancement of Fuel Cell Technology

Toyota Establishes Hydrogen Headquarters to Accelerate Advancement of Fuel Cell Technology

GARDENA, Calif. (May 1, 2024) – Reaffirming its commitment to support fuel cell and additional hydrogen-related products and technology toward a hydrogen economy, Toyota Motor North America (TMNA) today announced that it is renaming the TMNA R&D California office as its new North American Hydrogen Headquarters (H2HQ). The office workspace at the new H2HQ was recently redesigned for its teams working from research and development to commercialization planning and sales of hydrogen-related products and technologies. There are plans to add key features to the H2HQ campus in the future such as a flexible microgrid, sustainable customer education center and more.

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Toyota Motor North America Announces New Leadership Structure

Toyota Motor North America Announces New Leadership Structure

PLANO, Texas (April 30, 2024) – Toyota Motor North America (TMNA) today announced executive leadership changes designed to drive continued growth, advance our commitment to vehicle electrification, and prepare for the future of mobility. Jack Hollis and Chris Reynolds are assigned new roles and will continue to report to Ted Ogawa, chief executive officer, TMNA. The following changes are effective immediately.

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