Itsuo Inouye/APToyota Motor Corp. President Akio Toyoda. TOKYO -- Toyota's quarterly profit more than doubled to 313.9 billion yen ($3.2 billion) as cost cuts and better sales worked with a weakening yen to add momentum to the automaker's comeback. Toyota Motor Corp. Show More Summary
Toyota’s CEO Akio Toyoda threw another bucket of cold water on wild fantasies of autonomous cars. Instead of developing cars that drive themselves, Toyota is thinking more of cars that assist you in driving. “The driver should be given the freedom to freely select the road to drive on, and where they want to park,” [...]
Akio Toyoda will put on a racing suit and compete in the grueling Nurburgring 24 Hour event.
Toyota Motor Corporation (TM) April 19, 2013 9:30 am ET Executives Julie A. Hamp - Chief Communications Officer for North America Akio Toyoda - President and Director James E. Lentz - Director Mike Goss Wil James - President of the Georgetown Plant (Ky) Mark S. Show More Summary
Global president of Toyota, Akio Toyoda, will hold a conference call with senior executives and the press tomorrow to make a "production announcement." It looks like it will be to announce Lexus' plans to build a model at the Georgetown, Kentucky plant. Lexus has been considering U.S. production for at least the last two years. According to the...
Toyota posted a media advisory yesterday saying that Akio Toyoda, president of Toyota, and Jim Lentz, CEO of Toyota North America, would be making a production announcement tomorrow in New York City, and Automotive News reports that the automaker will be announcing a plan to domestically produce the Lexus ES. Show More Summary
AUTOBLOPNIK: In a stunning move that stunned a lot of people, Toyota president and CEO Akio Toyoda has resigned from the automotive giant that almost bears his family name.
Toyota Motor President Akio Toyoda overhauled his top management for a second straight year. ||| Tokyo - Toyota Motor President Akio Toyoda overhauled his top management for a second straight year, strengthening his control over the world’s largest carmaker to vie with General Motors and Volkswagen. Show More Summary
Toyota’s Akio Toyoda never stops warning about the hollowing out of Japan’s industry. Today at the Tokyo Auto Salon, Toyoda gave a spirited speech praising the virtues of customization of the hachi-roku, Toyota’s 86 (aka GT86, Scion FR-S, Subaru BRZ). Today at the show, one gets the impression that customizing the hachi-roku definitely is a [...]
Toyota is working its way back to the stylish end of motoring, producing a raft of sharpened new models under the stewardship of revhead CEO Akio Toyoda. With the popular 86 sports coupe leading the way, the carmaker has since rolled out sleek new Camry and Corolla models, and most recently the new RAV4 SUV. Show More Summary
When Toyota introduced the Scion brand in 2002, their goal was to develop a brand that would attract young buyers into the Toyota family. And when Akio Toyoda Toyota’s CEO took over a few years ago, he infused the brand with a new spirit. Toyoda loves fast cars and is a certified test driver for [...] Automoblog.net - A Car Blog for Auto Enthusiasts
A few years back, Toyota realized it had a problem. It was losing enthusiasts and younger buyers, which was detrimental to it’s future. Chief executive officer Akio Toyoda took charge and shook the development process up. The result is a far more engaging 2013 Lexus GS and the Scion FR-S/Subaru BRZ twins that were years [...] Automoblog.net - A Car Blog for Auto Enthusiasts
Ailing gadget-makers may find it hard to copy Toyota’s turnaround. JUST over three years ago, Akio Toyoda, then the new boss of Toyota, said that the carmaker founded by his grandfather was on the verge of "irrelevance or death". Buffeted...Show More Summary
The 2013 Lexus GS350 has been completely redesigned for the fourth-generation luxury sedan. It gets an updated drivetrain and most importantly it moves closer to being a sport-luxury sedan. When Akio Toyoda, the grandson of the founder of Toyota Motor Company took over the reins a few years ago, he made a goal to transform [...] Automoblog.net - A Car Blog for Auto Enthusiasts
On Monday, Japan’s prime minister Yoshihiko Noda presented a new and improved cabinet, tailcoats and all. Apparently, that cabinet has few friends in Japan’s auto industry. Akio Toyoda, who took over the rotating chairmanship of the Japan Automobile Manufacturers Association last May, sent a surprisingly strongly worded address to his new leaders. Speaking on behalf [...]
The strong yen is putting a major crimp on auto maker profits, and now, Japan’s auto lobby is asking the government to do something about it. Akio Toyoda, head of both Toyota and the Japanese Auto Manufacturers Association (the lobby group in question), released a statement on behalf of JAMA members, stating “The current foreign [...]
Toyota's got itself a new taste for performance. The successful launch of its new 86 coupe has given Toyota president Akio Toyoda the crucial support of his company's bean-counters, and new sports cars are on the way. This week, Toyoda...Show More Summary
Automakers Toyota and BMW released a statement today that the two have signed a Memorandum of Understanding (MoU)—an almost formal gentlemen’s agreement—in various joint endeavors. States Toyota CEO and president Akio Toyoda, “BMW and Toyota both want to make ever-better cars. We respect each other. That is why we already can take the next step [...]
Akio Toyoda (left), President Toyota Motor Corporation and Dr. Norbert Reithofer (right), Chairman of the Board of Management of BMW AG. (Credit: BMW) First diesels and batteries, then fuel cells, and now a sports car architecture. BMW...Show More Summary