NEWSWORTHY
Toyota parts plant to resume output after stoppage due to Hokkaido earthquake
Toyota Motor Corp. said Monday its disrupted operations should be fully back to normal on Thursday, as its transmission factory in Hokkaido where a powerful earthquake halted work last week was set to resume production some time after 8:30 p.m. Monday. The shutdown of the ...
Toyota recalls 1 million hybrid cars over technical problem that could lead to fire
Auto giant Toyota on Wednesday recalled more than 1 million hybrid cars globally due to a technical problem that could possibly cause a fire in the vehicles. About 1.03 million of the hybrids built between June 2015 and May 2018 will be recalled for safety ...
Toyota ends tie-up with Isuzu, posts record net profit in first quarter
The rapidly changing business environment sparked by the increase in eco-friendly vehicles is prompting the automakers to end their 12-year-old tie-up on diesel technology.
Toyota Motor Corp. founder Kiichiro Toyoda has been inducted into the Automotive Hall of Fame in the United States, the top Japanese automaker has said. Kiichiro's vision and entrepreneurial spirit at the time of the founding of the company were rated highly, the carmaker said ...
Toyota to cease production at Shizuoka plant over next few years
Toyota Motor Corp. announced Friday it will cease production at a plant operated by one of its subsidiaries in Shizuoka Prefecture by 2020 at the earliest, moving its operations to a factory in northeastern Japan to improve efficiency and competitiveness. In Toyota's first reorganization of ...
Toyota Motor Corp. launched a Honolulu car-sharing service Tuesday that allows customers to use smartphones to unlock and start rental cars available by the hour or day. It's the latest service offered by an automaker that competes with ride-hailing and rental-car companies. The service is ...
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 ...
Japan government-backed project aims to bolster development of next-generation battery
The New Energy and Industrial Technology Development Organization said Friday that it will launch a Japanese industry-government-academia research project with Toyota Motor Corp. and others to put a next-generation battery into practical use. The all solid-state battery is known to be safer, with a greater ...
Toyota to acquire $1 billion Grab stake in ride-hailing push
Toyota Motor Corp. will acquire a $1 billion stake in Grab in one of the largest investments by a carmaker in a ride-hailing provider, underscoring the push by the auto industry to move from manufacturing to services. The deal extends Toyota's cooperation with GrabTaxi Pte. ...
Toyota and Denso explore consolidation of electronic parts operations
Toyota Motor Corp. and affiliated auto parts-maker Denso Corp. have said they are examining a move that would consolidate their core electronic parts operations. If the agreement takes place, the firms' operations to develop and make mass-produced electronic components would likely be gathered at Denso, ...
Despite diversity drive, Japan's carmakers struggle to hire women engineers
Facing the worst labor shortage in decades, Japan's carmakers have seen the light: hire more women. The problem is they're all having the same epiphany at the same time, and so now find themselves fighting over the world's smallest pool of female engineering graduates. The story ...
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 ...
