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 ...

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. ...