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Automotive industry-related patent applications down at 170 in Q1 2022 from 188 a year ago; Toyota leads with 42 patent applications in Q1, Ford had 19 patent filings during the period, with Aptiva and Porsche both submitting 18 patent applications

Toyota reports fiscal Q4 net income up at US$25.4B from US$20.0B a year ago, with net revenue up 15.3% to US$279.4B; global vehicle sales total 8,230,000 units, with North America vehicle sales totaling 2,394,000 units, up 81,000 from a year ago

Toyota adjusts May global vehicle production goals down to 700,000 units from 750,000 vehicles due to semiconductor shortage; Toyota temporarily suspends operations of 14 lines in eight Japanese plants from May 16-21

Toyota ranks number four on DiversityInc’s 2022 Top 50 Companies for Diversity; listing criteria include leadership accountability, human capital diversity metrics, talent programs, workforce practices, supplier diversity, philanthropy

Magna’s Surround View System available on 2022 Toyota Tundra pickup; system includes trailer assist, off-road functions, five cameras, electronic control unit to offer high-resolution view around vehicle to assist with vehicle maneuvering

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