Toyota is piling onto the broader auto industry's criticism of the Trump administration's investigation into light-vehicle imports by warning how much more one of its most popular cars will cost under tariffs.
Toyota began selling a fully redesigned Corolla Sport hatchback in Japan -- along with a new Crown, the flagship sedan akin to the Avalon in the U.S. -- as its first generation of fully connected cars.
Toyota's new North American IT chief has a wide-ranging background in industries such as gambling, food and razors. Now he'll try his hand at in the auto space, filling the role left open by his recently promoted new boss.
Toyota has begun slashing costs, starting with sales and marketing, and shifting resources into research that will help it keep up with new competitors, Reuters reported, citing people familiar with the matter.