Elon Musk presents Akio Toyoda with a Tesla Roadster – Click above for high-res image gallery
Akio Toyoda, president of Toyota, has stated that the Japanese automaker is planning to revise its earnings forecast due to the fact that the Yen has reached a 15-year high. The full-year profit forecast was based on a rate of 90 Yen to the US Dollar. It will be reduced to around 80 Yen to USD. The Yen has risen 15 percent against t
AutoblogGreen had the rare opportunity on Friday to chat with Toyota CEO and president Akio Toyoda. During the conversation, he revealed that a prototype vehicle with a Tesla electric drive unit was under construction. Tesla's Chief Technolo
During a interview with a group of American media this afternoon in Nagoya, Japan, Toyota president Akio Toyoda revealed that his company is already in the process of building a prototype electric vehicle with a Tesla battery pack. The statement came in response to questions about the relationship between Toyota and Tesla. As time ran out, we did not have an opportunity for further follow-up o
During an interview with a group of American media this afternoon in Nagoya, Japan, Toyota president Akio Toyoda revealed that his company is already in the process of building a prototype electric vehicle with a Tesla battery pack. The statement came in response to questions about the relationship between Toyota and Tesla. As time ran out, we did not have an opportunity for further follow-up
Now there's some sad things known to man, but ain't too much sadder than the tears of a... CEO? Apparently, at least one Toyota shareholder has seen enough tears and weeping from the company's not-so-fearless leader.
It might seem redundant to call a racing series that bills itself as the pinnacle of motorsports "elitist" but that's precisely what Toyota's Senior Managing Director for motorsports, Tadashi Yamashina, said during this weekend's 24 Hours of Nurburgring. Toyota withdrew from Formula one at the end of the 2009 season and according to Yamashina the automaker isn't likely to ever return.
Akio Toyoda, still working the shovel to extricate Toyota from the hole it's dug, invited U.S. Transportation Secretary Ray LaHood for a factory visit. When he returned, LaHood said that the Toyota CEO didn't realize how much damage the company's reputation was taking until Toyoda actually came to America and saw for himself.
Conventional wisdom might tell you that Toyota should have lost loads of money last quarter in the wake of the company's largest-ever global recall and safety scandal. Perhaps it shouldn't surprise us too much to hear that conventional wisdom would be all wrong. In reality, Toyota reported a profit between January and March of this year of $1.2 billion.
An independent advisory panel has been formed to help Toyota get a handle on its quality issues. With all of the current headlines relating to Toyota recalls and defects, the independent North American Quality Advisory Panel has been convened to study and give the automaker advice on quality and safety issues affecting its North American operations. Besides working closely with the Nort
The Congressional hearings entitled "Response by Toyota and NHTSA to Incidents of Sudden Unintended Acceleration" may have started today, but the actual response by Toyoda – that's Akio Toyoda with a "D," head of the Japanese automaker – will come tomorrow.
Toyoda officially invited to attend House Oversight Commitee meeting on Toyota safety - UPDATE: Guess who's coming to D.C.?
Just yesterday, Toyota Motor Company's president Akio Toyoda (yep, the grandson of the company's founder) indicated that he had no intention of attending a February 24 Congressional hearing before the House Oversight Committee. Instead, Toyoda said that Yoshimi Inaba, president of Toyota's operations in North America, will appear on