Toyota chief meets with Pence in Washington

Jan 12, 2017

Toyota chief meets with Pence in Washington

Toyota Motor Corp. President Akio Toyoda met with U.S. Vice President-elect Mike Pence in Washington on Tuesday, a company source said Wednesday. The meeting follows the carmaker’s announcement at a trade show Monday that it plans to make $10 billion in capital investments in ...

Toyota taps non-Japanese to help oversee structural overhaul

Mar 3, 2016

Toyota taps non-Japanese to help oversee structural overhaul

Toyota Motor Corp. is handing non-Japanese executives major promotions in the third overhaul of its complex business structure in six years, as President Akio Toyoda seeks ways to make the world’s largest automaker more nimble. Didier Leroy, appointed to the highest rank for a ...

Lexus introduces $100,000 sports coupe to burnish image

Jan 12, 2016

Lexus introduces $100,000 sports coupe to burnish image

Toyota Motor Corp.’s Lexus is rolling out its highest-performance model since the LFA supercar to burnish its reputation among buyers of prestige luxury autos. The LC 500 sports coupe, unveiled Monday at the North American International Auto Show in Detroit, accelerates from 0-to-60 mph ...

Toyota head, Akio Toyoda, resigns from Tokyo Olympic committee

Dec 22, 2015

Toyota head, Akio Toyoda, resigns from Tokyo Olympic committee

The head of Toyota Motor Corp. has stepped down as vice president of the organizing committee for the 2020 Tokyo Olympics. The committee announced the resignation of Akio Toyoda on Monday. He is expected to be replaced by the president of Panasonic, Kazuhiro Tsuga. ...

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 ...