Toyota

Toyota CEO Sato to step down, to be replaced by CFO Kon

[TOKYO] Toyota Motor chief executive Koji Sato will step down, the world’s largest automaker said on Friday, and will be replaced by the automaker’s chief financial officer, Kenta Kon.

Year on year, BYD grew its sales by more than 80%.

BYD dominates new car sales in Singapore with over 20% market share

Toyota comes in second, while BMW, Mercedes-Benz and Honda round out the top five brands

The tender offer will run from January 15 to February 12, major Toyota supplier Denso, which is a shareholder in Toyota Industries, said in a regulatory filing.

Toyota raises offer for Toyota Industries by 15%

The tender price for group firm Toyota Industries was raised to 18,800 yen

Chinese luxury car brand Hongqi has launched the E-HS9, an EV that could cost around S$500,000.

China brands go upmarket as Japan mounts EV charge at Singapore Motorshow

Models from Chinese carmakers priced from S$500,000 debut; Toyota and Honda officially introduce electric vehicles

The company has been in US President Donald Trump’s crosshairs as he prepared to impose steep tariffs on cars and car parts imported to the US.

Toyota posts sales drop in November, dragged down by China

Global automakers are facing greater uncertainty as they navigate an environment of trade tensions, regulatory changes and uncertain economic outlooks

Japanese firms sell millions of cars in the United States every year, but American vehicles are rare in Japan.

Toyota to import US-made cars after Trump gripe

JAPANESE car giant Toyota said on Friday it will begin importing three of its US-manufactured models into its home market next year, in an apparent move to placate Donald Trump.

The bid for Toyota Industries, a maker of looms and forklifts that fathered Toyota Motor has drawn criticism from investors who say the 4.7 trillion yen price undervalues the company.

Elliott woos other Toyota Industries investors in buyout fight

Paul Singer’s activist fund tells the investors the proposal undervalues the firm