Business / Tech Jan 7, 2020
Toyota to build 'city of the future' at the base of Mount Fuji
The auto giant plans to have it function as a laboratory for autonomous cars, smart homes, artificial intelligence and other technologies.
Business Oct 23, 2019
Tokyo Motor Show gets kid-friendly, future-oriented reboot in bid to reverse flagging attendance
by Osamu Tsukimori
The 46th Tokyo Motor Show slated to kick off Thursday will not just focus on futuristic, cutting-edge vehicles, such as self-driving cars, it will also shine a light on unconventional mobility devices and exhibitions for children aimed at reversing flagging attendance. The show once enjoyed ...
Business Sep 26, 2019
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 ...
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, ...