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JAMES B. TREECE Can Akio be the Steve Jobs of Lexus? 12:01 am U.S. ET | May 13, 2013  Toyota Motor Corp. President Akio Toyoda wants to take personal responsibility for injecting design and performance pizazz into the Lexus brand. In essence, Toyoda is setting out to be the automaker's equivalent of the late Steve Jobs, the legendary boss of Apple James B. Treece is industry editor for Automotive News.... Read More »
JAMES B. TREECE Is Akio Toyoda cut from the Steve Jobs mold? 12:48 pm U.S. ET | May 8, 2013  Toyota Motor Corp. President Akio Toyoda wants to take personal responsibility for injecting design and performance pizazz into the Lexus brand.... Read More »
Toyota quarterly profit rises to $3.17 billion 2:39 am U.S. ET | May 8, 2013  Toyota more than doubled its fourth-quarter net profit as the yen's depreciation helped the automaker export more profitably and U.S. sales of the Avalon sedan and Tacoma pickup were strong. The company posted net profit of 313.9 billion yen ($3.17 billion), compared with 121 billion yen last year.... Read More »
Toyota quarterly profit rises to $3.17 billionMay 8, 2013 08:39 CET  Toyota more than doubled its fourth-quarter net profit as the yen's depreciation helped the automaker export more profitably and U.S. sales of the Avalon sedan and Tacoma pickup were strong. The company posted net profit of 313.9 billion yen ($3.17 billion), compared with 121 billion yen last year.... Read More »
AKIO TAKES THE WHEEL Toyota's car-buff president makes Lexus his pet project 12:01 am U.S. ET | May 6, 2013  By Akio Toyoda's own admission, his beloved Lexus luxury brand has a big problem. Unlike its German rivals, Lexus has no heritage, no narrative. Now the Toyota Motor Corp. president is investing himself personally in the brand by taking direct control of all things Lexus.... Read More »
Dreary HQ city is a handicap in global glitz plan 12:01 am U.S. ET | May 6, 2013 Lexus Group was rechristened Lexus International in June 2012 in an effort to lend an air of worldwide reach and urbane globalism. Despite efforts to internationalize the brand, there is still one big hurdle: The limited allure of the company's bland industrial hometown of Toyota City.... Read More »
Toyota's 10 million plan: Common parts, r&dMay 3, 2013 06:01 CET  Toyota President Akio Toyoda is banking on an overhauled r&d strategy to kick the company his grandfather founded into growth mode after four years of crises. The strategy will help boost Toyota's global sales beyond 10 million units a year.... Read More »
The 10 million plan: Common parts, r&d 12:01 am U.S. ET | April 29, 2013  Toyota Motor Corp. President Akio Toyoda is banking on an overhauled r&d strategy to kick the company his grandfather founded into growth mode after four years of crises. The strategy will help boost Toyota's global sales beyond 10 million units a year.... Read More »
FINAL ASSEMBLY Lexus goes hipster, parties with robots in the Big Apple 12:01 am U.S. ET | April 29, 2013  At the launch party for Lexus' global marketing campaign, the theme was definitely New York hipster.... Read More »
Toyoda, Lexus troll for hipsters in new marketing push 10:44 am U.S. ET | April 20, 2013  Toyota President Akio Toyoda used a waterfront gala in New York's trendy Chelsea district on Friday night to paint Lexus as an avant-garde, aspirational car -- and to launch the luxury brand's new marketing campaign.... Read More »
Toyota to shift Lexus ES output to Kentucky 12:25 pm U.S. ET | April 18, 2013  Toyota plans to invest $360 million to bring production of the Lexus ES sedan to Kentucky, making it the first model from Toyota's premium brand to be built in the United States as the carmaker pushes to localize more manufacturing.... Read More »
HOME MARKET Vehicle demand shrivels in Japan 12:01 am U.S. ET | April 1, 2013 It's the top headache plaguing Japan's automakers in their own back yard: The Japanese keep buying fewer cars. A big reason is Japan's population is not only aging; it's shrinking.... Read More »
Toyoda shake-up empowers non-Japanese execsMarch 11, 2013 06:01 CET  After four tumultuous years of natural disasters, recalls and record losses, President Akio Toyoda is restructuring Toyota Motor Corp. to empower regional CEOs to anticipate problems and respond quickly. The new structure is less insular and more international.... Read More »
Toyoda shake-up empowers non-Japanese execs 12:01 am U.S. ET | March 11, 2013  After four tumultuous years of natural disasters, recalls and record losses, President Akio Toyoda is restructuring Toyota Motor Corp. to empower regional CEOs to anticipate problems and respond quickly. The new structure is less insular and more international.... Read More »
Toyota president seeks end to turmoil with management revamp 11:32 am U.S. ET | March 7, 2013  Toyota President Akio Toyoda cleared out the remnants of top management inherited when he took the helm in 2009 in a revamp to restore the fortunes of the world's biggest carmaker after years of turmoil. Toyota on Wednesday announced the retirement of the only three executive vice presidents not appointed by Toyoda and laid out a new, more clearly defined corporate structure with a greater focus on emerging markets.... Read More »
Toyota revamps management to battle GM, VolkswagenMarch 6, 2013 12:49 CET  Toyota President Akio Toyoda overhauled his top management for a second straight year, strengthening his control over the world's largest carmaker to vie with General Motors Co. and Volkswagen.... Read More »
Toyota names former GM exec Hogan to board in overhaul 5:55 am U.S. ET | March 6, 2013  Toyota appointed former General Motors executive Mark Hogan to its board, installing the first foreigner since 2007 and the first outside director ever in an attempt to breathe fresh perspective into the mammoth Japanese carmaker.... Read More »
Spiced up middle-aged Corolla key to Toyota profits, sales lead 12:01 am U.S. ET | Feb. 2, 2013  With Toyota back on top as the world's largest automaker, President Akio Toyoda isn't looking to a relative youngster like the Prius hybrid to defend that lead. Instead, he's counting on a middle-aged veteran: the 47-year-old Corolla.... Read More »
Toyota wins back global auto sales crown from GMJan. 28, 2013 09:19 CET  Toyota outsold rivals GM and VW Group last year, regaining the global sales lead after losing it in 2011. Sales at Toyota, including deliveries from subsidiaries Hino Motors and Daihatsu, rose 23 percent to a record 9.75 million units, while GM sold 9.29 million. VW Group delivered 9.07 million vehicles in the same period.... Read More »
Toyota, BMW sign agreement for fuel-cells, sports carJan. 24, 2013 10:59 CET  Toyota and BMW are tightening technical ties with plans to jointly develop a sports car platform, lithium-air batteries and new lightweight materials.... Read More »
Ghosn presses Japan's new prime minister to weaken yen, mend China ties 10:34 am U.S. ET | Dec. 31, 2012  Don't count Nissan President Carlos Ghosn among those impressed with new Japanese Prime Minister Shinzo Abe's ability to weaken the yen against all major global currencies. Ghosn's dissatisfaction with the exchange rate, echoed by Toyota Motor Corp. President Akio Toyoda, underscores the frustrations of manufacturers in a country where the yen surged almost 40 percent over four years to a postwar high in 2011.... Read More »
2012 LISTS OF 10 Quotables from notables 12:01 am U.S. ET | Dec. 31, 2012 Some of the memorable comments from the past year.... Read More »
Audi China dealer told to ditch banner urging the murder of JapaneseSept. 20, 2012 10:49 CET  Audi has asked a Chinese dealer to remove a banner advocating the murder of Japanese people after a photograph of the sign went viral on the Internet amid escalating tensions between the two countries.... Read More »
Japan auto lobby calls for government to counter strong yen 12:26 pm U.S. ET | Sept. 14, 2012  Japan's auto lobby today urged the government and the central bank to quickly implement measures to counter the strong yen, after it hit a seven-month high against the dollar on Thursday.... Read More »
Toyota introduces new U.S. advertising tag line 3:05 pm U.S. ET | Sept. 11, 2012  The Toyota brand is changing its advertising tag line to “Let's Go Places,” replacing “Moving Forward,” its slogan since 2004. At Toyota's national dealer meeting today in Las Vegas, Toyota Motor President Akio Toyoda said the new tag line reflects the company's commitment to more exciting products, and a promise to invite customers to take part in shaping Toyota's future.... Read More »
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