Jun 24, 2015

Toyota president earns ¥1.27 billion, surpassing Nissan's Ghosn

Toyota Motor Corp. President Akio Toyoda became the highest-paid auto executive in Japan Wednesday after dividend payouts pushed his total compensation past Nissan Motor Co.’s Carlos Ghosn. Toyoda earned ¥1.27 billion in compensation and dividends, according to regulatory filings. While Nissan paid Ghosn almost ...

Toyota, Mazda expand tieup to include technology exchanges

May 14, 2015

Toyota, Mazda expand tieup to include technology exchanges

Toyota Motor Corp. and Mazda Motor Corp. have agreed to expand their partnership by jointly developing new technologies to make driving safer for both people and the environment. The agreement Wednesday came as global carmakers face higher costs to comply with stricter emission and ...

Mar 30, 2015

Toyota holds first event for individual shareholders

Toyota Motor Corp. organized an event for individual shareholders on Sunday for the first time and called on them to buy and hold Toyota shares in the long term. At the event in Nagoya, Toyota President Akio Toyoda said, “We’d like to earn the ...

Jun 17, 2014

Toyota growth plans focus on hybrid segment

Toyota Motor Corp. President Akio Toyoda said Tuesday the company will focus heavily on hybrid vehicles as it tries to drive further growth. The company aims to improve the fuel efficiency of hybrid vehicles and launch 15 new models in the next two years. ...

Toyota directors to share ¥1.5 billion in 19% pay bump

May 28, 2014

Toyota directors to share ¥1.5 billion in 19% pay bump

Toyota Motor Corp. plans to boost pay for directors by 19 percent for the last fiscal year after the company earned record profit. Toyota proposed ¥1.52 billion in combined compensation and bonuses to 21 directors, including President Akio Toyoda, in a notice to shareholders ...

Ike of Honda to take JAMA helm

Mar 20, 2014

Ike of Honda to take JAMA helm

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Honda Motor Co. Chairman Fumihiko Ike will take over as chief of the Japan Automobile Manufacturers Association in May, the industry lobby group said Thursday. He will succeed Akio Toyoda, the president of Toyota Motor Corp. “Mr. Ike is like no one else, and ...

Toyoda says car industry must be more aggressive

Dec 31, 2013

Toyoda says car industry must be more aggressive

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The auto industry must take the initiative to be more competitive until the benefits of Prime Minister Shinzo Abe’s deflation-busting economic policies are fully felt, according to Akio Toyoda, chairman of the Japan Automobile Manufacturers Association. “In a word, the industry (as a whole) ...

Toyoda qualifies endorsement of consumption levy hike

Aug 28, 2013

Toyoda qualifies endorsement of consumption levy hike

Toyota Motor Corp. President Akio Toyoda on Wednesday threw his support behind the planned consumption tax increase but asked the government to adopt measures ensuring sustainable economic growth if Prime Minister Shinzo Abe goes ahead with the hike. “I favor a consumption tax hike ...