Akio Toyoda

Into Africa: Toyota taps last emerging market

8:35 am U.S. ET | April 14, 2014
Toyota President Akio Toyoda visited Kenya for the first time last fall, touring Toyota's knockdown production plant and Toyota Group companies. His trip highlights a new reality for Toyota and rivals from Europe to China: Africa is the last untapped emerging market. And carmakers are jostling for position there.... Read More »



Lexus aims NX crossover at German premium brands in China

April 11, 2014 14:45 CET
Lexus will debut the NX crossover at the Beijing auto show as it tries to compete with German premium rivals in China. The NX will be the brand's first compact crossover and will be sold in global markets including Europe and the United States.... Read More »


Toyota's future manufacturing plans see humans replacing robots

2:33 pm U.S. ET | April 7, 2014
Toyota’s next step forward in manufacturing is counter-intuitive in an age of automation: Humans are taking the place of machines in plants across Japan so workers can develop new skills and figure out ways to improve production lines and the car-building process.... Read More »


Toyota buying back stock for first time since 2009 as cash grows

12:51 pm U.S. ET | March 26, 2014
Toyota said it will buy back stock for the first time in five years as its cash pile swells and profit climbs. Toyota will repurchase as many as 60 million shares, equivalent to a 1.9 percent stake, for 360 billion yen ($3.5 billion), according to a statement Tuesday. The company, which last bought back stock in February 2009, plans to retire about half of those shares by the end of June.... Read More »


Akio Toyoda calls recalls a turning point for company

11:45 am U.S. ET | March 20, 2014
A day after his company agreed to pay a record $1.2 billion to settle a criminal probe into safety issues, the head of Toyota Motor Corp. called the preceding recalls a turning point for the carmaker. The recalls marked a shift in how Toyota and the industry think about safety, President Akio Toyoda said. It's no longer just about passing regulations but about delivering a sense of security.... Read More »



GM recall is bad, but not yet Toyota-bad

3:30 pm U.S. ET | March 17, 2014
As bad as the General Motors ignition switch recall is, the storm still doesn't match the hysteria whipped up four years ago by Toyota's unintended-acceleration crisis. The Toyota recall was, and still is, the benchmark mammoth recall of our time.... Read More »


Toyota to recall 1.9 million Prius models to update software

Feb. 12, 2014 10:37 CET
Toyota will recall more than half of the Prius vehicles ever sold to fix a software glitch in the car's hybrid system that may cause some parts to overheat, potentially causing the cars to slow down or stop completely.... Read More »


Toyota gets its racing groove back

12:01 am U.S. ET | Feb. 2, 2014
Here's another sign that Akio Toyoda is ready to go on the offensive.... Read More »



Details emerge of new engine, batteries and much more for the 4th-generation Prius

12:01 am U.S. ET | Jan. 27, 2014
The fourth-generation Toyota Prius, the car that made "hybrid" a household word, won't arrive for at least another year. But emerging details paint a picture of a car that could be a breakthrough on multiple fronts.... Read More »



How Toyota raced the clock to create the FT-1 sports car

12:01 am U.S. ET | Jan. 20, 2014
Toyota's Calty design studio took a 'no boring' cars' mantra to create the FT-1 supercar. In an 18-month race against the clock before the 2014 Detroit auto show, Calty built a spiritual pace car that may find its way to the street.... Read More »


Toyoda predicts emerging markets slowdown to persist this year

8:25 am U.S. ET | Jan. 1, 2014
A slowdown in emerging markets will extend into the new year, compounding uncertainty over demand in China and at home, according to a group representing Japan’s auto manufacturers.... Read More »


2013 LISTS OF 10

Game changers in 2013

12:01 am U.S. ET | Dec. 30, 2013
These men and women shook up the industry in the past year.... Read More »


Toyota wants TNGA platform to close gap with VW, Hyundai

Dec. 12, 2013 17:00 CET
The Toyota New Global Architecture will cut development costs by 20 percent to 30 percent and help create more appealing products to better compete with VW and Hyundai, a top r&d executive told Automotive News Europe.... Read More »



Japanese auto leaders stand strong as survivors

12:01 am U.S. ET | Dec. 9, 2013
Japan's automakers have bonded as survivors.... Read More »


ANE monthly e-magazine goes live Monday

Nov. 29, 2013 06:01 CET
The latest issue of the Automotive News Europe monthly e-magazine goes live on Monday, Dec. 2. This edition looks at Fiat-Chrysler CEO Sergio Marchionne's new plan to relaunch struggling Alfa Romeo.... Read More »



Japanese auto industry leaders stand strong as survivors

8:15 am U.S. ET | Nov. 24, 2013
The 2013 Tokyo Motor Show has been an unprecedented love fest. On Tuesday, the afternoon before the first press day, the bosses of each member of the Japan Automobile Manufacturers Association stood shoulder to shoulder on the same stage, as the sound of a revving engine from each of their lineups roared in turn.... Read More »


Doubting Toyota prince defeats crisis to prove self wrong

12:01 am U.S. ET | Nov. 23, 2013
Akio Toyoda has made a convincing case for himself as head of the world's biggest automaker. With the Tokyo Motor Show under way this week, Toyota is on track for a record profit, its Lexus luxury unit predicts the best-ever year of sales, and industry surveys show public questions over deteriorating quality are fading. It's a remarkable turnaround for an executive who got off to a shaky start handling one of the worst crises in Toyota's 76-year history.... Read More »



Toyota is ready to go on the offensive again

Nov. 12, 2013 06:01 CET
President Akio Toyoda says Toyota is finally ready to go on the offensive again after being hobbled in recent years by the global financial meltdown, vehicle recalls and Japan's earthquake.... Read More »



Toyota's new offensive's goal: Improvement, not sheer volume

12:01 am U.S. ET | Nov. 11, 2013
President Akio Toyoda says Toyota Motor Corp. is finally ready to go on the offensive again, after being hobbled in recent years by such crises as the global financial meltdown following the collapse of Lehman Brothers, unintended acceleration recalls and Japan's killer earthquake.... Read More »


Toyoda touts Tokyo show as high-tech hub

12:01 am U.S. ET | Nov. 11, 2013
The Tokyo Motor Show has fallen on hard times as global automakers channel their marketing efforts into bigger shows in China.... Read More »


As Scion slips, Toyoda urges patience

12:01 am U.S. ET | Nov. 4, 2013
Akio Toyoda, scion of Toyota Motor Corp.'s founding family, has words of encouragement for Scion dealers who have soured on the brand's shrinking sales: Hang in there.... Read More »


Power play: 3 auto guys are in the mix

12:01 am U.S. ET | Nov. 4, 2013
Last week Forbes issued its list of the world's "most powerful people," 72 in all, and found spots for three car guys. The magazine calls it "an annual snapshot of the heads of state, financiers, philanthropists and entrepreneurs who truly rule the world."... Read More »



Why loving a car like a pet will never happen with Gen Y

3:20 pm U.S. ET | Oct. 9, 2013
Toyota President Akio Toyoda wants young people to love cars and have genuine feelings of attachment to their vehicles. Hmm, good luck.... Read More »


For staying power, nobody tops VW's Piech

12:01 am U.S. ET | Sept. 16, 2013
No one has Ferdinand Piech beat when it comes to top-exec tenure in the auto industry.... Read More »



Does the Lexus IS make you hungry?

12:01 am U.S. ET | Aug. 4, 2013
Toyota President Akio Toyoda relishes mixed metaphors when it comes to cars and food. In particular, he loves to talk about "seasoning" his vehicles -- something the long-too-bland Toyota brand desperately needs.... Read More »


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How a Texas Toyota store solved used-car-supply challenge

How a Texas Toyota store solved used-car-supply challenge

Mike Shaw Toyota in Corpus Christi, Texas, needed more used cars. But driving 150 miles to the nearest auction was time-consuming and costly. Mon., April 14
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