AKIO TOYODA

Toyota’s new president Koji Sato has promised what he called an aggressive shift on “electrification,” while acknowledging criticism that Japan’s top automaker has fallen behind.

Shoichiro Toyoda, who as a son of the company’s founder oversaw Toyota’s expansion into international markets, has died.

Toyota Motor Corp. has announced that its CEO and president, Akio Toyoda, will become chairman.

To accelerate the global move toward sustainable vehicles, Toyota is suggesting simply replacing the inner workings of vehicles already on the roads with cleaner technology like fuel cells and electric motors.

Toyota’s flagship model in Japan, the Crown, is going on sale around the world for the first time, including in the U.S. Toyota Chief Executive Akio Toyoda said the company was aiming for 200,000 vehicles in annual global sales in 40 nations.

Toyota says it has reached a settlement in a lawsuit that blamed overwork and harassment for the suicide of one of its employees.

Japanese automaker Toyota is beefing up its electric vehicle lineup, offering 30 new fully electric models by 2030.

Japanese automaker Toyota is revving up acquisitions in mobility technology, adding Renovo Motors, a Silicon Valley software developer, to its Woven Planet team, which is working on automated driving.

Japan’s top automaker Toyota is adding two companies specializing in tiny “kei” cars, Daihatsu and Suzuki, to a partnership in commercial vehicles set up with Hino and Isuzu earlier this year.

Toyota won’t be airing any Olympic-themed advertisements on Japanese television during the Tokyo Games despite being one of the IOC’s top corporate sponsors.

Japanese automaker Toyota has reached a settlement with the family of an engineer whose suicide was ruled a job-related death due to harassment from his boss.

Topless dancers can shed coronavirus restrictions beginning next weekend in Las Vegas and get face-to-face with patrons again.

Japanese automakers Toyota, Isuzu and Hino said Wednesday, March 24, 2021 they are setting up a partnership in commercial vehicles to work together in electric, hydrogen, connected and autonomous driving technologies. (AP Photo/Tsering Topgyal, File)TOKYO – Japanese automakers Toyota, Isuzu and Hino said Wednesday they are setting up a partnership in commercial vehicles to work together in electric, hydrogen, connected and autonomous driving technologies. The 39 million shares of Isuzu common stock that Toyota is acquiring are worth 42.8 billion yen, or about $400 million. Isuzu will acquire Toyota shares worth the same value, they said. AdCapitalized at 10 million yen ($93,000), the new company will be 80% owned by Toyota, 10% each by Isuzu and Hino.

FILE - In this March 20, 2020, file photo, Tokyo 2020 Olympics chief Yoshiro Mori carries the Olympic flame during the Flame Arrival Ceremony at Japan Air Self-Defense Force Matsushima Base in Higashimatsushima in Miyagi Prefecture, north of Tokyo. Mori resigned Friday, Feb. 12, 2021 as the president of the Tokyo Olympic organizing committee following sexist comments implying women talk too much. Gender inequality in Japan is exactly the issue that was raised last week by Mori's demeaning comments, and what drove his ouster. Mori was appointed in 2014, just months after Tokyo won the bid to host the Olympics. Toyota is one of 14 so-called Olympic TOP sponsors that pay about $1 billion every four-year cycle to the International Olympic Committee.

She said she will skip an Olympic meeting next week with IOC President Thomas Bach, Mori and the national government. Most of its statement about Mori focused on how it says it has improved gender-equality in the Olympics over the last 25 years. Ad___MIZUHO FUKUSHIMA, head of the Social Democratic PartyOpposition leaders have been pressuring Prime Minister Yoshihide Suga to convince Mori to step down. There are some unconfirmed reports in Japan that former Prime Minister Shinzo Abe could replace Mori. Mori got his job in 2014, when Abe was prime minister.

Monday was its first day of being included in the prestigious S&P 500, and it didn't go well. They cite limited markets for high-priced Tesla vehicles, repeated quality problems, huge capital costs for factories, and growing competition from conventional automakers. Ark sees Tesla's shares rising to $1,400 by 2024. “Tesla shares are in our view, and by virtually every conventional metric, not only overvalued, but dramatically so,” J.P. Morgan analyst Ryan Brinkman wrote in a note to investors. Demand for Tesla shares is expected to be strong on Monday as institutional investors buy to make their portfolios mirror the S&P 500.

Toyota Motor Corp. reported Friday a quarterly profit of 470.5 billion yen ($4.5 billion), down from 530 billion yen a year ago. Quarterly sales slipped to 6.77 trillion yen ($65 billion) from 7.64 trillion yen. Toyota, based in Toyota city in Aichi, central Japan, said it expects to record a 1.4 trillion yen ($13.5 billion) profit for the fiscal year. It earlier projected 730 billion yen ($7 billion) in profit. Toyota, which makes Lexus luxury models and the Prius hybrid, recorded 2 trillion yen ($19 billion) in profit the previous fiscal year.