Business / Corporate May 21, 2019
by Norihiko Shirouzu
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.
Business / Corporate May 13, 2019
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 ...
Business May 7, 2019
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 ...
Business / Corporate Mar 16, 2019
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.
Business Jan 24, 2019
Japanese firms hopping on ride-hailing bandwagon in Southeast Asia
by Siti Rahil
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 ...
Business / Corporate Oct 5, 2018
Twenty years in the making: The backstory behind the new Toyota-SoftBank joint venture
by Cory Baird
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 ...
Business / Corporate Aug 16, 2018
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.
Business Jun 20, 2018
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 ...
Business / Corporate May 18, 2018
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, ...
Business / Corporate May 11, 2018
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 ...
Business / Economy May 9, 2018
Toyota announces record net profit of ¥2.49 trillion
by Shusuke Murai
The company’s record figure comes in the face of once-in-a-century changes faced by the automobile industry and rising protectionism.
Business / Corporate | Taking the Lead Apr 15, 2018
Hands-on Toyota exec passes down monozukuri spirit
by Shusuke Murai
Mitsuru Kawai drops by a bathhouse for factory workers at Toyota Motor's headquarters in Aichi Prefecture each day before work. After washing, the 70-year-old executive dons a helmet and heads for its noisy forging plant instead of his corporate office suite. There, he passes on ...