Tag Archives: akio toyoda

CJPT expels Hino over Emission Data Certification Fraud

In a move that appears to be an attempt to isolate Hino’s owner Toyota from the ongoing legal and other liabilities in the matter that started in 2003, Akio Toyoda, President of Toyota Motor Corporation “suggested that the misconduct committed by Hino is incompatible with CJPT’s * aspirations and goals and that the continued inclusion of Hino in activities will not gain the understanding of its customers and the public,” the Toyota statement said. Continue reading

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Toyota to Build Suzuki SUV in India for Both Brands

The powertrains offered in India, will be equipped with a mild hybrid developed by Suzuki and a full hybrid developed by Toyota. “By bringing together strengths of both Toyota and Suzuki through the collaboration, the two companies will be able to provide a wide variety of vehicle electrification technologies to customers and contribute to the acceleration of electrification and the realization of a carbon-neutral society in India,” the companies said in a joint release. Continue reading

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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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