Toyota Motor Corp.

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 / Corporate Feb 18, 2019

Toyota-SoftBank venture to start taxi ride-sharing trial in Tokyo

A joint venture set up by Toyota Motor Corp. and SoftBank Corp. will launch a trial taxi ride-sharing service for business commuters using a smartphone app next week in Tokyo. The autonomous vehicle service venture, called Monet Technologies Inc., will provide the service for customers ...

Business / Corporate Feb 6, 2019

Toyota slashes net profit forecast due to market turbulence

by Kazuaki Nagata

Dragged down by recent stock market turbulence, Toyota Motor Corp. slashed its net profit forecast for the current business year on Wednesday and now estimates the figure will be down by 25 percent compared to fiscal 2017. Despite record sales of ¥22.47 trillion and increased ...

National | Help Wanted? Dec 31, 2018

Foreign talent eager to work for Japanese firms, but staid office culture a hindrance

by Kazuaki Nagata

Dozens of young people from around Asia descended on Tokyo last month for a job fair, dressed in a plain black suit of the type considered "the uniform" for Japanese college students when they meet with prospective employers. Some of the visitors said they were ...

Business / Corporate Nov 16, 2018

Toyota gives top-selling Corolla a new look as it increases efforts in China

by Ma Jie

For Toyota Motor Corp., China wasn't always the first pit stop when it came to unveiling key car models. But this time, it's different. The automaker took the wraps off the all-new Corolla — and its China-only twin, Levin — at a global premiere in ...

Business / Corporate Nov 9, 2018

Mazda considers offering mobility services via collaborations

Mazda Motor Corp. is considering offering mobility services using technologies such as the internet and autonomous driving, its president and chief executive officer, Akira Marumoto, said. Providing such services is "an option" for the automaker, Marumoto said in a recent interview. "Collaboration with nonautomotive sectors such ...

Business / Corporate Oct 5, 2018

Toyota to recall 2.4 million hybrid cars globally over faulty program

Toyota Motor Corp. said Friday it will recall 2.43 million hybrid cars at home and abroad due to a fault in the hybrid system program. The models subject to the recall are the Prius sedan and wagon produced between October 2008 and November 2014, according ...

Business / Corporate Sep 5, 2018

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 ...

Business / Corporate Aug 3, 2018

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.