AkioToyoda


Officially Official: Toyota confirms departure from Formula One

The buck's got to stop somewhere. Toyota has been pouring in hundreds of millions of dollars into its Formula One racing program for seven years now and has little to show for it. Now after both Honda and BMW have mothballed their F1 teams, Toyota has confirmed longstanding speculation by doing the same. The announcement was not expected for another few days, but with rumors persisting, the Japanese automaker appears to have moved things forward with a press conference held by Akio Toyoda. The president of the Toyota Motor Corporation ... Read more →

Toyota reverses decision, chooses to again seek quality over market share Michael Harley

It was back in 2002 when Fujio Cho, then-President of Toyota Motor Corp., set the company's goal of achieving a 15 percent share of the global automotive market sometime after 2010. Seven years ago, ...

REPORT: Toyoda says Lexus LF-A on time and headed for America, reconfirms Toyobaru Jeremy Korzeniewski

There's a new sheriff in town at Toyota, and he's wasting no time in making his presence felt at the World's Largest Automaker. Fortunately, that finally means a return to building fun-to-drive ...

New Toyota CEO takes 30% pay cut, sees no recovery for two years Michael Harley

Akio Toyoda, the new President of Toyota and grandson of company founder Kiichiro Toyoda, is predicting another two years of tough times for the auto industry. In order to stay afloat, the Japanese ...

REPORT: Toyoda wonders aloud if Toyota has faltered by following GM's lead Chris Shunk

During the reign of company President Katsuaki Watanabe, Toyota became the number one automaker in the world, along with amassing $52 billion in cash and marketable securities. That sounds like one of ...

Lexus LF-A dons new livery ahead of Nürburgring 24-hour race 6 months ago on Autoblog

This time last year, the Lexus LF-A that competed in the ADAC Nürburgring 24 wore a decidedly un-glamorous "test-mule matte black" finish. This year, Toyota's entering two of its ten-cylinder supercars in the race, and as we inch closer to the Lexus LF-A's eventual production debut, it ...

Toyota's drastic overhaul to reportedly replace 40% of management 6 months ago on Autoblog

In an effort to slow the crash, Toyota Motor Corp. is undertaking a massive overhaul and management reorganization next month when Akio Toyoda takes over as president. Toyoda, the grandson of Toyota's founder, will be officially appointed on June 23 at the annual shareholder's meeting. With the new ...

New Toyota chief to race in Nürburgring 24 7 months ago on Autoblog

Toyota scion (pun intended) and new company president Akio Toyoda will don a helmet and Nomex late next month as his company returns to Germany to compete in the annual Nurburgring 24-hour endurance race. Toyoda will be part of the four-driver lineup taking the wheel of the Lexus LF-A (hey, ...

REPORT: Toyoda family stock shares take $449M hit 8 months ago on Autoblog

The Toyoda family has felt the pinch of the global automotive crash in the worst possible place: their wallets. Toyota share prices have plummeted by a very substantial 46% in the past nine months, costing the Toyoda family hundreds of millions of dollars. Soon-to-be company president Akio Toyoda's ...

All in the family: Toyoda grandson to take top job 10 months ago on Autoblog

The Associated Press is reporting that Toyota will once again have a Toyoda at the helm before long. Akio Toyoda, the 52-year-old grandson of Toyota Motor Corp's founder, Kiichiro Toyoda, is reportedly about to be voted in by the board. If everything goes as planned, he will officially take over ...

Real car guy poised to take the wheel at Toyota 2 years ago on Autoblog

Akio Toyoda is the grandson of Toyota founder Kiichiro Toyoda. He is also the current executive vice president in charge of domestic market Toyota sales. He also piloted a rally class Celica up the hill at Goodwood and a Team Gazoo Toyota Altezza (Lexus IS300) in the Nürburgring 24 Hours. ...






Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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