The Japan Automobile Manufacturers Association said Thursday that Toyota Motor Corp. President Akio Toyoda will serve as JAMA chairman for another two years until May 2022. Traditionally, the leaders of Toyota, Honda Motor Co. and Nissan Motor Co. take turns to fill the top post ...
Announcing U.S. investment first was a strategy CEO Akio Toyoda felt the firm needed to pursue in order to avoid Trump’s wrath, meeting minutes showed.
Japan auto association chief says outlook bleak amid U.S.-China trade spat
The head of the Japan Automobile Manufacturers Association said Monday that the outlook for the industry is cloudy due to "too many uncertainties" in the global economy amid the escalating trade fight between the United States and China. "It is true that protectionist ideas are ...
Toyota President Akio Toyoda to get honorary doctorate from U.S. college
Toyota Motor Corp. President Akio Toyoda will receive an honorary degree from Babson College in Massachusetts, his alma mater. The honorary degree will be presented May 18 when Toyoda, 63, will give a speech at a graduation ceremony at the U.S. private university, , informed ...
Trump's auto tariff threat 'makes me sad,' Toyota chief Akio Toyoda says
During a visit to the U.S., Toyoda seeks to underscore the company’s contribution to the American economy and employment.
Japanese firms hopping on ride-hailing bandwagon in Southeast Asia
Japanese firms are involved in a clash of titans that is expected to intensify this year between two successful ride-hailing startups in Southeast Asia. Fierce competition is looming between Indonesia's Gojek and Singapore-based Grab, which is backed by companies including SoftBank Group Corp., Toyota Motor ...
Twenty years in the making: The backstory behind the new Toyota-SoftBank joint venture
Appearing together at news conference on Thursday in Tokyo, Toyota Motor Corp. President Akio Toyoda and SoftBank Group Corp. Chairman Masayoshi Son recounted an episode 20 years prior that put the two at loggerheads over a proposed business venture. Fast forward 20 years and the ...
In Chinese port city, Toyota lays foundation to ramp up sales
The Japanese auto giant is likely to make 120,000 more cars a year in Tianjin as it aims to boost annual sales in China to 2 million vehicles, sources said.
Japanese auto industry highlights its U.S. investments as Trump trade fears grow
The nation's top auto industry body stressed Wednesday the Japanese automakers' contribution to the United States in creating jobs and investment, in an apparent move to deflect criticism from U.S. President Donald Trump, who has said he wants Tokyo to open up its market. The ...
Automakers need to work harder with companies in other industrial sectors in Japan to promote technological innovations, Toyota Motor Corp. President Akio Toyoda said Thursday. The auto industry is undergoing a historic transition period in the face of the advent of electrification and autonomous driving, ...
Chinese Premier Li Keqiang visits Toyota's EV parts factory in Hokkaido
Chinese Premier Li Keqiang visited Toyota Motor Corp.'s electric-vehicle parts factory in Hokkaido on Friday, as the government of the world's second-biggest economy looks to promote eco-friendly EVs to curb air pollution. Li was briefed by Toyota officials about the automaker's e-Palette autonomous driving EV ...
Toyota announces record net profit of ¥2.49 trillion
The company’s record figure comes in the face of once-in-a-century changes faced by the automobile industry and rising protectionism.
