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Akio Toyoda Plans to Reshuffle Toyota’s Top Executives


This week Toyota will reshuffle its top executives, according to anonymous sources. Akio Toyoda, who became president of the company in 2009, has reduced the number of board directors and offered more power to executives in key markets, part of his effort to refocus the automaker on manufacturing and quality after a series of crises. These changes are intended to bring ...
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Toyota CEO Hopes Next Japanese Govn. Will Fix Dispute With China
Toyota Motor CEO Akio Toyoda hopes that the next Japanese government will be able to fix the relations with China. "As far as automobile enterprises are concerned, their [Chinese sales] have ...
Toyota to cut Japanese production by 16pct as government terminates subsidies for fuel-efficient vehicles
Toyota Motor Corp., will cut daily output by 16 percent in October, as the Japanese government will end subsidies for fuel-efficient vehicles, the Nikkei reported. Japan's domestic sales of new vehicles ...
Toyota CEO: The Yen is a major concern
Toyota Motor Corp. CEO Akio Toyoda said the strong yen, the European situation, and slowing automobile demand in the U.S. are among concerns facing Japan’s car industry. “In the short run, ...
Japan: First Subaru BRZ rolls off the assembly line
Fuji Heavy Industries has recently announced that the first Subaru BRZ sports car has rolled off the assembly line in Japan, at the company’s Gunma plant. After FHI said last week ...
Toyota GT 86 and Subaru BRZ enter production in Japan
The Japanese based automakers Subaru and Toyota have recently announced that the new BRZ and GT 86 sports cars have entered production in Japan. According to Fuji Heavy Industries, the makers ...
Positive Unit Global Sales Forecast for Toyota
Toyota Motor Corp envisions global sales of 7.410 million units until March 31st, higher than the estimated December number of 7.380 million. Toyota, which is the first automaker in Japan, expects ...
Toyota is celebrating Aqua / Prius c production start
The Japanese based automaker Toyota has recently announced that the company celebrated the start of production on the new Aqua / Prius c hybrid compact car. According to the car manufacturer, ...
2014 Toyota Auris first to receive BMW diesel
The first BMW diesel engine will most likely equip the next-generation Toyota Auris in 2014, Autocar reveals. The magazine quotes insiders which say the collaboration between BMW and Toyota will debut ...
BMW and Toyota officially announce partnership on batteries, diesel engines
Following reports earlier this week, BMW and Toyota have officially confirmed that they will share technologies. The two parties today signed a memorandum of understanding concerning a mid-to-long-term collaboration on next-generation ...

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