Tag - toyota

 
 

TOYOTA

Toyota is delaying the start of production for its first U.S.-made electric vehicle until 2026.
BUSINESS / Companies
Oct 3, 2024
Toyota pushes production of first U.S.-made electric vehicle into 2026
The Japanese carmaker initially targeted late next year to begin output, but a company spokesperson said that has slipped by a few months into 2026.
Shareholder support for Toyota Chairman Akio Toyoda slid after government probes uncovered fraudulent vehicle certifications at Toyota and its group companies.
BUSINESS / Companies
Sep 30, 2024
Opposition to Toyota’s chairman spreads among big shareholders
Akio Toyoda, the grandson of the company’s founder, saw shareholder support drop to 85% last year, a record low at the time, and then a further decline to 72% in June.
Toyota is recalling over 42,000 U.S. vehicles over loss of power brake assist that can extend the distance required to stop.
BUSINESS / Companies
Sep 27, 2024
Toyota to recall over 42,000 U.S. vehicles over loss of power brake assist
The recall affects certain 2023-2024 Corolla Cross Hybrid vehicles.
Toyota Chairman Akio Toyoda
BUSINESS / Companies
Sep 27, 2024
Toyota ends sponsorship with 'political' Olympics
The withdrawal means Olympics logos currently carried by Toyota products will be phased out, and its vehicles will no longer be provided to assist with the event.
A Toyota Rav-4 Prime charges at an electric vehicle charging station in New York on Sept. 3. Toyota's sales fell again in August after declines in Japan and China put an end to a short-lived recovery.
BUSINESS / Companies
Sep 27, 2024
Toyota production falls on vehicle safety scandals and U.S. recalls
Global output, including that of subsidiaries Daihatsu Motor and Hino Motors, dropped in August by 12.6% from a year earlier
Toyota added ¥200 billion to a ¥1 trillion stock repurchase plan announced in May, according to an exchange filing Tuesday.
BUSINESS / Companies
Sep 24, 2024
Toyota raises buyback to ¥1.2 trillion, citing share levels
The carmaker’s operating profit for the three months ended June 30 was ¥1.31 trillion, 17% higher than a year earlier.
Catherine O’Connell has achieved a number of notable firsts in Japan.
BUSINESS / Companies
Sep 24, 2024
Pioneering foreign female attorney stresses pragmatism within Japan Inc.
Catherine O’Connell was the first foreign woman to establish a law practice in Tokyo and to sit on the audit and supervisory boards at Toyota Motor and Fujitsu.
Toyota Gazoo Racing fans cheer on the team at the start of the 6 Hours of Fuji race on Sunday at Fuji Speedway in Oyama, Shizuoka Prefecture.
MORE SPORTS / Auto Racing
Sep 20, 2024
For Toyota and its rivals, WEC becomes important arena amid major industry shift
Carmakers' involvement in endurance racing has taken on a new level of importance as the auto industry faces a once-a-generation sea change.
As team principal, Kamui Kobayashi's role with Toyota Gazoo Racing goes far beyond his performance behind the wheel.
MORE SPORTS / Auto Racing
Sep 15, 2024
Kamui Kobayashi still driven by passion after long career in driver’s seat
Despite turning 38 on Friday, Kobayashi is not ready to pump the brakes on his auto racing career. 
Panasonic has supported the Olympic Games with its technologies, product and services, such as the Technics turn-tables at the breaking event in Paris last month.
BUSINESS / Companies
Sep 10, 2024
Panasonic ends 37-year contract as top Olympics sponsor
The Osaka-based company first became an official partner of the Olympic Games in 1987 and expanded its partnership to the Paralympics from 2014.
The U.S. has been pressuring Japan to impose additional restrictions on the ability of firms to sell advanced chipmaking tools to China, as part of a long-running campaign to curtail China’s semiconductor progress.
BUSINESS / Economy
Sep 2, 2024
China warns Japan of retaliation over potential new chip curbs
One major concern is that Beijing could cut off Japan’s access to critical minerals that are essential for automotive production.
Toyota Motor's global sales — including subsidiaries Daihatsu Motor and Hino Motors — rose 0.7% to 924,918 units in July.
BUSINESS
Aug 29, 2024
Toyota sales overcome U.S. woes for first growth in six months
Toyota Motor’s sales eked out growth for the first time in six months on strong demand in Europe and Japan.
Nissan CEO Makoto Uchida (left) and Honda CEO Toshihiro Mibe hold a joint news conference in Tokyo last week.
BUSINESS / Companies
Aug 6, 2024
Separate software efforts by Japan's carmakers may jeopardize success
The government has set a goal of having Japanese companies account for 30% of the software-defined vehicle market worldwide by 2030.
Toyota's hybrids are selling well in North America, making up for sluggish demand for its vehicles in Japan and China.
BUSINESS / Companies
Aug 1, 2024
Toyota quarterly profit rises 17% on year as weak yen drives U.S. demand
Despite ongoing turmoil from a government probe that found issues with vehicle certifications, analysts still project the carmaker will post a record profit this year.
Toyota Motor has been issued a correction order for the first time.
BUSINESS / Companies
Jul 31, 2024
Toyota Motor receives correction order from transport ministry
The ministry found indications of additional misconduct, such as falsifying test results.
Toyota's global sales declined 4.7% in the first half of this year compared to the same period the year before.
BUSINESS / Companies
Jul 30, 2024
Toyota first-half sales fell even as hybrids and EVs gained in U.S.
Toyota’s global output — including that of subsidiaries Daihatsu Motor and Hino Motors — dropped 9.8% versus the first six months of 2023 to about 5 million units.
Shareholder backing for Toyota Motor Chairman Akio Toyoda slid to 72% at the company's annual general meeting last month.
BUSINESS / Companies
Jul 29, 2024
Toyota chairman warns he may lose board spot amid falling investor support
Akio Toyoda said he may not be reelected as a director if shareholder support for him continues to fall at the pace it did this year.
Chief Cabinet Secretary Yoshimasa Hayashi speaks during a news conference at the Prime Minister's Office on Wednesday.
JAPAN / Politics
Jul 24, 2024
Toyota chairman and 12 other Japanese executives banned from entering Russia
Others include Rakuten Group Chairman and CEO Hiroshi Mikitani and Japan International Cooperation Agency President Akihiko Tanaka.
Toyota's plan to buy back shares from major banks and insurers is part of a broader push to unwind strategic shareholdings with financial partners.
BUSINESS / Companies
Jul 23, 2024
Toyota to buy back stock worth $5.2 billion from banks and insurers
Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, Tokio Marine Holdings and MS&AD Insurance Group Holdings are tendering shares at an 11% discount.
Passenger aircraft operated by All Nippon Airways at Haneda Airport in Tokyo. ANA has developed an autonomous driving vehicle to tow cargo containers.
BUSINESS / Companies
Jul 17, 2024
Tokyo airport trials driverless cargo vehicle
The trial, the first of its kind at a Japanese airport, is part of government-backed efforts to innovate the air transport industry.

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Dul Saroth (left) and Soeum Samrach, deminers with the Cambodian Mine Action and Victim Assistance Authority, practice using the Advanced Landmine Imaging System in Cambodia’s Siem Reap province in August.
The Japanese tech that could one day make Southeast Asia landmine-free