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The Latest Breaking News from Akio Toyoda

Toyota shareholders demand vote against chairman Toyoda as automaker embroiled in testing scandal

Toyota's chairman Akio Toyoda will be facing some disgruntled shareholders this week, as two major proxy groups demand a vote against keeping the grandson of the founder on its board

The Independent UK

Watch Toyota's Chairman Crash and Flip a GR Yaris

Akio Toyoda and co-pilot Norihiko Katsuta got out of the car unscathed.

Motor1

The petrolhead obsession that drives WRC champion Rovanpera

Rallying, circuit racing, drifting and starring in a hip-hop video are all activities in Kalle Rovanpera’s 2024 ‘gap year’ calendar. It’s fair to say life is pretty good at the moment for the reigning two-time World Rally champion, who has rewritten the record books.

Autosport

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Toyota Chairman Apologizes For Massive Certification Test Cheating

Toyota, Mazda, and Honda face certification test cheating scandals affecting production and safety assurance.

Top News

Toyota apologizes for cheating on vehicle testing and halts production of three models

Toyota Chairman Akio Toyoda has apologized for massive cheating on certification tests for seven vehicle models

The Independent UK

Toyota’s bet on hybrids was mocked, then vindicated. Now it’s trying to repeat the trick with an unlikely bet on the combustion engine

The automaker is developing new engines that accept alternative fuels.

Fortune

Toyota's $9.9B 'Robo City' Near Mt. Fuji Almost Ready To Welcome 2,000 Residents by 2024 End

Toyota's building a futuristic city at Mt. Fuji! Residents will test eco-friendly tech & self-driving cars in this "living lab."

International Business Times UK

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A Lexus With GR Corolla Power Is 'Highly Likely' To Reach Production

But it probably isn't coming to America.

Motor1

Toyota Thinks the Diesel Engine Still Has a Long Future

It's regarded as a "very credible fuel source."

Motor1

The Interior of Toyota's New R&D Center Looks Like the Nurburgring Pit Lane

This is the place where future Lexus and GR models are being developed.

Motor1

Toyota Raises Annual Net Profit Forecast As Chip Shortage Eases

Japan's Toyota raised its annual net profit forecast to a record high on Tuesday and reported strong sales in all regions in the first three quarters as the global semiconductor shortage eases.

International Business Times

Toyota Is Developing New Combustion Engines

The company chairman believes people should have a choice rather than being forced to buy EVs.

Motor1

Toyota Admits Engine Testing Cheating, Tops Global Sales

Toyota reports record global vehicle sales of over 11 million in 2023, while facing a testing scandal. Company pledges to address the issue and uphold quality.

Top News

Toyota Chairman Brought His Suzuki Jimny To A Car Show

He couldn't find a new one, so he called Suzuki's president to find him a used car.

Motor1

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Motor1

Toyota Chairman Says Full EV Transition 'Isn't The Answer'

At best, EVs will account for only 30 percent market share, Akio Toyoda predicts.

InsideEVs

Toyota Chairman: EVs Will Cap At 30% Of Market, 'Engines Will Surely Remain'

Today on Critical Materials: Toyota believes EVs will make up just 30% of new car sales, China has an EV "dumping" problem, and USPS rolls out its own chargers.

Motorsport

WRC champion Rovanpera eyeing 24-hour circuit racing debut

Rovanpera has declared an interest in taking part in circuit racing events this year after announcing plans to contest a part-time WRC campaign this season to “recharge his batteries”, before making a full-time return in 2025.

Motor1

Lexus Put The Toyota GR Corolla Engine In This Tiny Crossover

The petite LBX has an eight-speed automatic that debuted in the 2024 GR Yaris.

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Autosport

Toyota Rally2 car to make WRC debut in Monte Carlo

The Japanese marque has been developing a Rally2 version of its GR Yaris since 2022 as it bids to join the customer rally car market.

InsideEVs

Toyota Slammed For 'Misleading' Public About EVs in FTC Complaint (Updated)

A firm has filed a public complaint with the U.S. Federal Trade Commission over Toyota's alleged "misleading" EV advertising practices.

Fortune

Elon Musk dismissed hybrid vehicles as a ‘phase’ while Toyota doubled down on them. Now they’re a ‘smoking-hot market’ as EV demand chills

Toyota's chairman, who's long resisted EV hype despite pressure, is feeling vindicated, with hybrid sales surging this year.

Motor1

Toyota Chairman Admits He Fears Company Could Go Back To Being 'Ordinary'

Akio Toyoda spent 14 years "building the strength to make others happy."

Fortune

Mercedes exec says EV market is a ‘pretty brutal space’ because price wars and high interest rates are making it an unsustainable business

“I can hardly imagine the current status quo is fully sustainable for everybody,” said Harald Wilhelm, Mercedes-Benz’s chief financial officer.

InsideEVs

Electric Toyota FT-Se Sports Car May Actually Go Into Production 'After 2026'

Toyota's hot concept may become a reality after all, and maybe with an electric "manual" transmission too.

Fortune

Elon Musk just lost $28 billion as Tesla took a beating. Now Toyota says ‘people are waking up to reality’ that EV adoption will be an uphill battle

"We’re transitioning to a brand new technology. It’s expensive. It requires people to have a different relationship with their vehicle that has been largely unchanged for decades," one expert said.

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