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Toyota Financial Services (TFS) Issues Auto Industry’s First-Ever Asset-Backed Green Bond

Toyota Financial Services (TFS) Issues Auto Industry’s First-Ever Asset-Backed Green Bond

TORRANCE, Calif., (March 24, 2014) – Toyota Financial Services (TFS) issued the auto industry’s first-ever Asset-Backed Green Bond in the amount of $1.75 billion. The offering was upsized from $1.25 billion to accommodate demand as institutional investors demonstrated strong interest in this inaugural clean transportation investment opportunity. The Green Bond is the newest component of TFS’ broad-ranging funding program and serves to enhance Toyota’s already extensive green commitment.

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Consumers to Test Ultra-compact ‘i-Road’ EV in Tokyo

Consumers to Test Ultra-compact ‘i-Road’ EV in Tokyo

Tokyo, Japan, March 20, 2014 --Toyota Motor Corporation announces the start of consumer trials of the “i-Road” personal mobility vehicle in the Greater Tokyo Area. The limited trials, which aim to gauge the effectiveness of the electric vehicle in everyday situations in urban areas, will run from March 24 through early June.

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Toyota Enters Agreement with U.S. Attorney’s Office Related to 2009-2010 Recalls

NEW YORK, NY, March 19, 2014 – Today, Toyota announced that it reached an agreement with the U.S. Attorney’s Office for the Southern District of New York to resolve its investigation initiated in February 2010 into the communications and decision-making processes related to the company’s 2009-2010 recalls to address potential “sticking” accelerator pedals and floor mat entrapment.  As part of the agreement, Toyota will make a payment totaling $1.2 billion.

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Toyota to Fund Film with Kentucky Commission on Women

FRANKFORT, Ky. – (March 18, 2014) – Kentucky’s place in the history books is often held by men: Abraham Lincoln, Daniel Boone, Henry Clay and Muhammad Ali, to name a few.  A new partnership between Toyota Motor Manufacturing, Kentucky, Inc. and the Kentucky Commission on Women will take aim at this oversight and tell the stories of women who have made great contributions to society and whose impacts continue to affect us today.

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Toyota Plant Partners with Kentucky State University to Develop Top-Notch Mechanical-Engineering Students

Toyota Plant Partners with Kentucky State University to Develop Top-Notch Mechanical-Engineering Students

FRANKFORT, Ky. – (March 18, 2014) – A unique scholarship program was unveiled today that matches Toyota’s need for mechanical engineers with that of top incoming students at Kentucky State University in Frankfort. 
 
The Toyota Engineering Scholarship program – made possible via a five-year, $375,000 grant from the automaker – will tie in directly with its manufacturing operations in Georgetown, Ky., 21 miles from Frankfort.  Through this program, Toyota will develop a deeper and richer pipeline to employ students with engineering degrees.

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