The global head of Toyota has hosed down talk of a longer seven-seat version of the new 2016 Lexus RX SUV. Despite the appearance of camouflaged RX SUVs in the US recently, Toyota president Akio Toyoda told press in Europe this week that seven-seat SUVs are the domain of the company’s volume-selling arm. “That’s the […]
TOKYO (Reuters) - Toyota Motor Corp won't buy air bag inflators made by Takata Corp that use ammonium nitrate as a propellant but will consider buying other types if they are confirmed safe, President Akio Toyoda said on Friday. Toyota,...Show More Summary
Toyota Chairman Akio Toyoda just made it clear at the biennial Tokyo Motor Show in Japan that he wants the Lexus brand in future vehicles to stand for sexiness rather than utility. It seems that he’s already got a pretty good start on that goal with a new Lexus that [...]
Akio Toyoda has announced that four-time World Rally Champion and 90s rallying legend Tommi Mäkinen will serve as team principal for Toyota's new rally outfit in 2017. Continue reading Toyota signs rally legend Tommi Makinen to run new...Show More Summary
Rally legend Tommi Makinen will lead Toyota Gazoo Racing’s charge into the World Rally Championship (WRC) in 2017, the outfit has confirmed today. Makinen will be joined by Toyota president Akio Toyoda, noted motoring enthusiast and the driving force behind the launch of the 86 sports car, as team chairman. Known best for his time […]
In a regulatory filing made Wednesday, Toyota President Akio Toyoda made ¥352 million ($2.84 million USD) in total 2014 compensation. Toyoda’s 2014 payout is split between his standard ¥103 million ($830,000) salary and a bonus of ¥249 million ($2 million), Reuters reports. Show More Summary
TOKYO (Reuters) - Toyota Motor Corp President Akio Toyoda earned 352 million yen ($2.84 million) in total compensation last year after his bonus doubled to about $2 million, the Japanese company said in a regulatory filing on Wednesday. Show More Summary
Akio Toyoda, president of the Japanese automaker that bears his name, is personally backing Julie Hamp, the American businesswoman who was hired to run Toyota's global PR and reports directly to him, after she was arrested by police in Tokyo for the illegal importation of drugs into Japan. Show More Summary
Toshifumi Kitamura, AFP/Getty ImagesToyota president Akio Toyoda speaks at a press conference Friday following the arrest of the company's managing officer, Julie Hamp, at the automaker's headquarters in Tokyo. By YURI KAGEYAMA TOKYO...Show More Summary
TOKYO (Reuters) - Toyota Motor Corp said President Akio Toyoda would hold a news conference in Tokyo at 5 p.m. (0400 ET) on Friday about the arrest of Managing Officer and Chief Communications Officer Julie Hamp.
The partnership between Toyota and Mazda is now official, as announced by Toyota President Akio Toyoda and Mazda President and CEO Masamichi Kogai. The specifics of the agreement are vague at this point, but Toyoda described the relationship as an engagement rather than a marriage. Show More Summary
Toyota has announced it will return to the FIA World Rally Championship in 2017 with a new dirt-spec Toyota Yaris set to take the stage. Under the guidance of Toyota Motor Corporation president Akio Toyoda – the man behind the push to make cars that are more exciting, and one of the fathers of the Toyota 86 sports [...]
Akio Toyoda announces that Toyota will return to the World Rally Championship in 2017 with a Yaris prepped by Toyota Motorsport. It will be a new start for the rally legend manufacturer after an 18-year absence. Continue reading Akio...Show More Summary
On the night before its official launch, Toyota President Akio Toyoda announced that the company's fuel cell vehicle (FCV) will be called the "Mirai." The name, which means "future" in Japanese, marks what the car maker sees as a turning...Show More Summary
President Akio Toyoda asks execs to 're-review' plans, sources claim.
By Norihiko Shirouzu and Maki Shiraki BEIJING/NAGOYA Japan (Reuters) - Toyota Motor Corp is reconsidering a move to open a new compact car assembly plant in Mexico after company President Akio Toyoda told planners searching for a site to pause and review its rationale, executives familiar with the matter said. Show More Summary
It's not easy to look dignified as someone pours a bucket of ice and water over your head, but Toyota president Akio Toyoda manages better than most. Toyoda's dunking is all in the name of the globally-recognized 'Ice Bucket Challenge' for Amyotrophic Lateral Sclerosis, known by its acronym ALS and also known as Motor Neurone Disease. The idea of...
When Akio Toyoda took over the reins of Toyota Motor Company, he was on a mission to infuse his car company with a new spirit that comes from his racing background and love for fast cars. The CEO of Toyota knows that he must change the culture at Lexus in order to survive. He has […]
All 34 members of the Executive Board met this week to finalise the new positions, with the Chairman of the Keidanren Committee on Promotion of Sports Akio Toyoda; Japan Sport Council President Ichiro Kono; IOC Member and Japanese Olympic...Show More Summary
It's becoming more and more clear that Akio Toyoda is serious about improving the image of Lexus. We mean the word image quite literally here, as the head of Toyota has just promoted design chief Tokuo Fukuichi into the position of President of International Operations for Lexus. Toyoda made the move to help combat criticism from the last few...