Ike of Honda to take JAMA helm

Business Mar 20, 2014

Ike of Honda to take JAMA helm

by Masaaki Kameda

Honda Motor Co. Chairman Fumihiko Ike will take over as chief of the Japan Automobile Manufacturers Association in May, the industry lobby group said Thursday. He will succeed Akio Toyoda, the president of Toyota Motor Corp. "Mr. Ike is like no one else, and he always ...

Toyoda says car industry must be more aggressive

Business / Corporate Dec 31, 2013

Toyoda says car industry must be more aggressive

by Masaaki Kameda

The auto industry must take the initiative to be more competitive until the benefits of Prime Minister Shinzo Abe's deflation-busting economic policies are fully felt, according to Akio Toyoda, chairman of the Japan Automobile Manufacturers Association. "In a word, the industry (as a whole) needs ...

Toyoda qualifies endorsement of consumption levy hike

Business Aug 28, 2013

Toyoda qualifies endorsement of consumption levy hike

Toyota Motor Corp. President Akio Toyoda on Wednesday threw his support behind the planned consumption tax increase but asked the government to adopt measures ensuring sustainable economic growth if Prime Minister Shinzo Abe goes ahead with the hike. "I favor a consumption tax hike in ...

Toyoda takes second in car race

Business / Corporate May 22, 2013

Toyoda takes second in car race

Toyota Motor Corp. President Akio Toyoda took the steering wheel in the Nurburgring 24-hour endurance race through Monday in western Germany, with his team finishing second in its class, the automaker said. Toyoda teamed with three professional drivers to race a Lexus LF-A in the ...

Business / Corporate Apr 21, 2013

Toyota to start producing Lexus ES sedan in Kentucky

Toyota Motor Corp. plans to build Lexus ES 350 sedans in Kentucky, the first U.S. production for its luxury brand, as CEO Akio Toyoda pushes to localize output in the automaker's biggest markets. Toyoda and Jim Lentz, Toyota's North American chief, said Friday in New ...