Tag Archives: akio toyoda

Toyota Annual Results Show Profitability Struggle Goes On

So in Toyota’s view its profitability struggle goes on. Akio Toyoda said consolidated vehicle sales for the period were 8.230 million units, which was 107.6% of consolidated vehicle sales for the same period of the previous 2021 fiscal year. The year-end dividend will be 28 yen per share. Thus, Toyota finds itself pretty much in the same place as all other major automakers. Continue reading

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Toyota – Annual Global Sales of  3.5Mn Battery EVs by 2030

This is a sweeping claim, emulating GM’s breakthrough EV announcement in January, is by a giant company that sells more than 100 models of engine-only vehicles, hybrid electric vehicles, plug-in hybrid electric vehicles, and fuel cell electric vehicles in more than 170 countries and regions under the Toyota brand. The Lexus brand has more than 30 models of engine-only vehicles, hybrid electric vehicles, and plug-in hybrid electric vehicles in more than 90 countries and regions. Continue reading

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Toyota e-Palette Hits Pedestrian at Paralympic Games

On Thursday 26 August 2021, a Toyota e-Palette, an autonomous vehicle used to support mobility within the Athletes’ Village at the Olympic and Paralympic Games Tokyo, collided with a visually impaired person about to cross at a pedestrian crossing. At … Continue reading

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Akio Toyoda Wants Mobility Centered on People

Wacky marketing babble alert: “Through the evolution of artificial intelligence, I think that cars, too, can also become able to communicate with people and their hearts. that’s right… I think cars of the future will be like horses. Continue reading

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Toyota to Start New Car Subscription Service in Japan

Toyota wants to change from an automobile manufacturing company into – what else – a mobility company that offers a range of services to society of the future. Until now, Toyota has strengthened alliances between Toyota Group companies and other automobile manufacturers and new companies offering mobility services to create partnerships. The next steps are murky. Continue reading

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Toyota and Mazda JV to Build Cars in U.S. Trumped?

The plant would have an annual production capacity of approximately 300,000 units. Pending approvals and authorization by government agencies, the companies will begin to examine detailed plans with the goal of starting operations in 2021. The plant will require a total investment of approximately $1.6 billion, and will create up to 4,000 jobs. Continue reading

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Toyota Projects 20% 2012 Sales Rise. Ichiban Again?

Both General Motors Company and Volkswagen Group, at more than 8 million vehicles each, will outsell Toyota’s 2011 sales tally of fewer than 8 million in a record global market of 75 million vehicles. Continue reading

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Toyota Starts a Sweeping Reorganization – “Global Vision”

Vowing that “Toyota will lead the way to the future of mobility,” Toyoda, the scion of the founding family, said the executive staff would be streamlined and more decision making power would now reside in the regions.

The unintended acceleration and stuck gas pedal recalls were only undertaken by Toyota after years of neglect when U.S. Department of Transportation officials flew to Japan and insisted on the safety recalls. U.S. Toyota executives were only responsible for sales matters and were powerless to address the issue. Subsequently, DOT imposed record multi million dollar fines on Toyota for delays in addressing the deadly problem.
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