Toyota considers investing in a $42 billion buyout of supplier Toyota Industries amid governance reform pressures.
Tags: Toyota
Toyota CEO Koji Sato Warns 484 Suppliers: Boost Productivity or Risk Survival Amid Industry Upheaval
Toyota Motor Corp. CEO Koji Sato delivered a stark warning to nearly 500 top suppliers this week, urging them to urgently improve productivity or face existential threats in an auto industry battered by rapid technological change, aggressive global competition and tariff turmoil.
Toyota Recalls Thousands of Prius Vehicles Due to Electric Door Lock Issue
Toyota recalls nearly 142,000 Prius and Prius Prime vehicles due to a rear door lock defect that could open doors while driving.
Toyota CEO Channels Trump Spirit at NASCAR, Announces Nearly $1 Billion US Investment
Toyota CEO Akio Toyoda announces a $912 million U.S. investment in hybrid vehicle production after a patriotic NASCAR event in Japan.
Toyota Pledges $10 Billion Investment in American Factories, Boosting EV Production
Toyota to invest $10 billion in U.S. factories, boosting EV and hybrid production and creating thousands of jobs.
Latest News
Following safety certification scandals, Toyota Chairman Akio Toyoda warns that he may lose his board position if declining shareholder support, currently at its lowest ever, continues.
Toyota shareholders re-elected chairman Akio Toyoda to his post on the board but left him beleaguered due to the company’s governance issues and scandals involving some of its car models.
Shareholders intensify pressure against Toyota chairman Akio Toyoda amidst a safety test scandal, with major advisory firms urging a vote against his reappointment.
Toyota's stock price fell by over $15 billion last week after it admitted lying on safety certification tests.
Toyota is recalling almost 100,000 Tundra trucks and 3,500 Lexus LX 600 luxury SUVs due to potential engine power loss while driving.
In response to the safety test controversy, Toyota Chairman Akio Toyoda apologized while bowing before reporters.
Toyota and Mazda halt vehicle shipments amid Japan's widening auto safety scandal due to irregularities in safety test data, leading to suspension of shipments by other automakers and potential repercussions.
Toyota unveils plans to revolutionize the traditional internal combustion engine, integrating it with green fuels and electric motors in hybrids.
Future hybrid cars from Toyota will have futuristic engines running on green fuels, challenging electric vehicles and aiming to reduce carbon emissions from the automotive industry.
