Toyota is preparing to sell $4.2 billion in special stock that would lock investors in for five years, but pay a higher dividend and could be sold back to Toyota at the issue price so investors wouldn't make a loss.
The chief engineer of the Toyota Mirai doesn't think that there's a future in fast-charging EVs because they put too much strain on the electrical grid and have a short range. Unsurprisingly, he thinks the future is in hydrogen.
Toyota is bringing its various overseas racing activities under the common banner of Gazoo Racing and the purview of its new Motor Sports Group, coordinating the company's various racing activities around the world.
Toyota unveils its Toyota Safety System and Lexus Safety System+, both centered around autonomous-braking capability, aimed at bringing advanced driver safety and convenience features way down in price.