Business Jan 6, 2022
Titans of carmaking are plotting the overthrow of Elon Musk
by River Davis and Craig Trudell
The masters of mass production laid out plans to splurge $170 billion over the coming years to preserve their claim on the industry.
Business / Corporate Jan 5, 2022
Toyota surpasses GM to take U.S. sales crown for first time
by David Welch and Gabrielle Coppola
To retake its leadership position, GM will have to return to something closer to the 2.5 million vehicles the company delivered in 2020.
Business / Corporate Dec 24, 2021
Nippon Steel sues trader Mitsui over alleged patent infringement
Mitsui is believed to have been involved in a business deal between Toyota and a Chinese company, both also being pursued in legal action by Nippon Steel.
Business | FOCUS Dec 15, 2021
Japan's automakers look to catch up as China market adopts new energy vehicles
By the time Toyota moved wholeheartedly into the Chinese market in August 2002, Volkswagen AG already had 50% of the market share.
Business / Corporate Dec 14, 2021
Toyota shifts gears with major investment in electric vehicles
In addition to doubling the number of models, the company announced plans to boost battery investment to ¥2 trillion.
Business / Corporate Dec 7, 2021
Toyota chooses North Carolina for first U.S. battery plant
by River Davis and Ed Ludlow
The company will break ground on its first battery factory in the U.S., joining an industrywide push as automakers accelerate efforts to electrify their fleets.
Business / Corporate Dec 3, 2021
Toyota gets ready to sell only zero-emission cars in Europe
by Craig Trudell
For all Toyota’s success with hybrids, it’s become difficult for the firm to contend that consumers in Europe aren’t yet ready to make the jump to cars powered entirely by battery.
Business / Corporate Dec 3, 2021
Toyota turns to Chinese tech to reach its electric holy grail
by Norihiko Shirouzu
The Japanese giant will launch an all-electric car in China late next year, having turned to local partner BYD for key technology to finally make an affordable yet roomy small sedan.
Business / Corporate Nov 30, 2021
Toyota’s output slumps 26% on prolonged supply-chain snarls
by Shiho Takezawa
Japanese automakers have struggled due to outbreaks of COVID-19 in Southeast Asia, as well as parts and semiconductor shortages.
Business / Corporate Nov 30, 2021
Japan’s steel giant is set to win price hikes as metal rallies
by Masumi Suga
Nippon Steel Corp. executives have been increasingly vocal in seeking better terms for domestic contract prices to bridge the gap with international prices.
Business / Corporate Nov 19, 2021
Toyota eyes Panasonic as partner in North Carolina battery plant
by Siddharth Philip, Ed Ludlow and River Davis
The plant would be the latest in a string of announcements by major automakers preparing to pivot toward full electrification.