• Kyodo


Having drawn lessons from a series of predicaments since the 2008 global economic crisis, Toyota Motor Corp. is focusing on lowering production costs worldwide and improving its competitiveness in design as overseas competition builds.

“We are finally getting out of the long tunnel after the Lehman shock,” Akio Toyoda, president of the automaker, told some 230 graduates of the Toyota Technical Skills Academy in February, a training institute within the group.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.