Toyota Motor Corporation
Coverage of Toyota Motor Corporation in the Nexus archive.
- Hiroshi Okuda, who led Toyota's climb as a global automaker, dies at 93
Hiroshi Okuda, the former chief executive of Toyota, has died at 93. He served as president then chairman of Toyota Motor Corp. from 1995 through 2006 and is remembered for developing the gas-electric hybrid Prius. Okuda was also key in leading Toyota's global expansion by setting up manufacturing plants in the U.S. and Europe.
- Hiroshi Okuda, who led Toyota's climb as a global automaker, dies at 93
Hiroshi Okuda, former chief executive of Toyota, has died at age 93. He led the global growth of the automaker and was instrumental in developing the gas-electric hybrid Prius. Throughout his career, he focused on boosting Toyota’s reputation for fuel efficiency while also driving the company's international expansion into manufacturing plants in the U.S. and Europe.
- Japan’s Toyota reports hefty profit on cheap yen and solid car sales
Toyota reported a nearly doubled profit of 1.48 trillion yen for the fiscal first quarter, driven by strong sales in the U.S. and India and a favorable yen exchange rate. The company faces challenges from a Middle East shipping disruption and an earthquake in Kumamoto, Japan, but expects robust hybrid and electric vehicle sales through 2030.
- Weak Yen Offers Toyota an Earnings Respite From Tariffs, War
The yen's 40-year low is providing Toyota Motor Corp. with an earnings boost, helping offset challenges from US tariffs, surging oil prices, and strained supply chains. Exporters like Toyota benefit despite Japanese policymakers facing difficulties from the weak yen.
- A 7.1 magnitude quake hits Japan's southern Kyushu island and dozens are injured or missing
A 7.1 magnitude earthquake struck Kyushu island in Japan, causing structural collapses at a shopping center and paper factory, resulting in injuries, missing persons, and evacuations. Tsunami advisories were issued but lifted, while businesses like Toyota and Honda suspended operations for safety assessments.
- The six used cars that dealers won't touch because they're too expensive to fix - you might already own one
Dealers are avoiding certain used cars due to high repair costs, which may affect owners of these vehicles. The list includes six specific models that are too expensive to fix. Owners of these cars might already be experiencing difficulties in selling or trading them.
- Toyota joins hydrogen truck alliance push
Toyota, Daimler Truck, and Volvo Group formed Cellcentric to develop hydrogen fuel-cell systems for heavy-duty trucks and industrial vehicles. The partnership aims to advance zero-emissions trucking by addressing infrastructure and scalability challenges while complementing battery-electric systems.
- Japan’s mighty carmakers are in serious trouble
Japan's automotive industry faces significant challenges requiring innovative strategies to remain competitive. The article emphasizes the urgent need for bold approaches to ensure survival in a changing market.
- Toyota to cut more production abroad due to Iran war
Toyota plans to reduce overseas production due to the ongoing conflict in Iran. The decision is linked to regional instability impacting manufacturing operations.