-
Recent Posts
- Legal Tariffs – Detroit Diesel to Add Third Shift, Recall Laid Off Workers
- Porsche AG Reorganization 2.0 or The New Strategy 2035
- Hit-And-Run Crashes at Record High
- Honda Heritage Parts Program Debuts
- IndyCar – Freedom 250 to Run Past U.S. Capital
- Instrument Panel Display Failures – Honda, Acura Recalls
- Ford Recalls 850,000 Bronco, Edge SUV Rear View Cameras
- Ford Recalls Escape, Explorer, Lincoln Aviator, Corsair SUVs
- Silverado and GMC HD Pickups Recalled for Sudden Stalling
- IndyCar Phoenix – Newgarden Wins Good Ranchers 250
- Windshield Wiper Failures – Ford Motor Recalls 605,000 SUVs
- Jeep Wrangler Finally Fixes Crash-Test Tipping
- Acura and Honda to Export U.S. Made Vehicles to Japan
- BMW Group Plant Spartanburg Largest U.S. Auto Exporter
- IIHS Pushing for Optimal State Safety Belt Use Laws
Recent Comments
- Autocrat on Stellantis Subordinated Perpetual Hybrid Bonds on Stellantis Posts Full Year 2025 Loss of €22.3B
- Michigan Governor Whitmer on Pew – Confidence in Trump Dips, Fewer Support His Policies
- Porsche Motorsport Daytona Victory on Daytona 24 Hours – Old and New Stars Getting Ready to Run
- UAW Ford Department Director VP Laura Dickerson on Trump's Ford Plant Visit on Whitmer Stands in Stark Contrast to Trump at Detroit Auto Show
- Ken Zino on Ford Fuel Injector Leak Recall Now at ~694,000
Archives
Meta
Tag Archives: Koji Sato
Toyota Motor Posts Record FY24 Net Income of $39.1B
“We faced many challenges, including those posed by COVID-19 and production restrictions due to tight semiconductor supplies, but the results showed the efforts of each front-line employee, including those of our suppliers and dealers, each recognized what they needed to do and acted accordingly, and a management structure and profit structure that was built to be resilient to crises,” said Koji Sato, president. Continue reading
Toyota Posts Strong FY 2024 Q1 Results – $9.2 Billion Net
Sales volume increased in all regions due to productivity improvements inside TMC and with its suppliers. Consolidated vehicle sales Q1 was 2,326,000 units, at 115.5% of consolidated vehicle sales for the same period of the previous fiscal year. Toyota and Lexus vehicle sales was at 2,538,000 thousand units, at 108.4% of such sales for the same period of the previous fiscal year. This coincided with the better supply of semiconductors, which is still delaying delivery, particularly on new models. Notably, electrified vehicles were 34% of total sales. Continue reading
Heavy Duty – Mitsubishi Fuso and Hino Motors to Merge
How this works under various anti-trust laws and regulations is unclear to AutoInformed. Details on the scope and nature of the collaboration including the name, location, shareholding ratio and corporate structure of the new holding company will be decided during the next ~18 months. The parties predict signing of definitive agreements in the first quarter of 2024. They aim to close the transaction by the end of 2024. Once all parties involved reach an agreement, they will move forward based on the approval of the relevant boards of directors, shareholders, and authorities. Continue reading
New Toyota Motor President Koji Sato on Evolution
“The hallmark of our management as a team, like a soccer team, will be flexibility in changing formation. Underlying this are the concepts of having the right person in the right place and emphasizing roles over titles,” Sato said. Continue reading
Toyota Motor Posts Q3 FY 2026 Net Income of $7.6 billion
“In Japan, operating income decreased due to factors such as the effects of foreign exchange rates and increased expenses. In North America, operating income decreased due to U.S. tariffs. Other regions saw an increase in operating income thanks to increased sales volume, model mix and other factors,” said Kenta Kon, Chief Financial Officer, TMC. [Kon will take over from chief executive Koji Sato on 1April. “This change in roles is intended to accelerate management decision-making in response to changes in the internal and external environment,” Toyota said in a release. Sato becomes vice chairman with a newly created position of chief industry officer. – AutoCrat.] Continue reading →