Subaru Makes CEO Change as Japan’s Carmakers Play Catch-Up on EVs
Subaru Corp. appointed Atsushi Osaki as CEO and president, following Toyota Motor Corp.’s decision to overhaul its top ranks, suggesting a greater urgency among Japanese carmakers to accelerate efforts to better compete in the electric vehicle era.March 3, 2023
Toyota’s January Output Climbs While Honda, Nissan Report Drops
Toyota Motor Corp. reported a slight drop in global sales in January due to lingering effects of the COVID-19 pandemic and a chronic shortage of semiconductors for automobiles, the Japanese automaker said.February 27, 2023
Toyota Keeps Conservative Profit View as CEO Transition Looms
Toyota Motor Corp. posted third-quarter profit that topped estimates, but kept its conservative outlook for the year intact.February 9, 2023
Toyota CEO Akio Toyoda to Step Aside, Become Chairman
TOKYO — Toyota set up a new leadership team Jan. 26 in what the Japanese automaker said was a move to stay abreast of social changes like electrification and becoming a wider “mobility company.”
Toyota Hits Record November Output, but Shortages Loom
Toyota Motor Corp. said its global output hit a record for November, thanks in part to solid consumer demand, though it warned of an uncertain outlook due to a persistent shortage of semiconductors and spikes in COVID cases in China.
Toyota President Expresses Caution on Electric Vehicles
The president of Toyota Motor Corp. is publicly questioning whether the auto industry should transition as quickly to electric vehicles.
Toyota’s CEO Says EV Adoption Will Take Longer Than Expected
Toyota Motor Corp. plans to keep gas-powered cars as a key part of its lineup, rejecting efforts by rivals to go fully electric amid concerns over how quickly consumers will embrace new technologies.
Class 8s With Fuel Cells Prove Mettle in Los Angeles-Area Test
Toyota Motor North America and Kenworth Truck Co., a unit of Paccar Inc., announced Class 8 fuel cell-electric vehicles are a potential zero-emission replacement for diesel-powered trucks.September 23, 2022
Toyota Invests in EV Battery Production in US, Japan
TOKYO — Toyota is investing $5.6 billion in Japan and the U.S. to boost production of batteries for electric vehicles, the Japanese automaker said Aug. 31.
Toyota Backs Down in Fight Against California Emission Rules
Toyota Motor Corp. agreed to recognize California’s authority to set its own auto emission standards, ending a standoff stretching back to the Trump administration.