Tags: Toyota
Toyota Chairman Warns of Potential Board Exit as Shareholder Support Dips Due to Scandals
Following safety certification scandals, Toyota Chairman Akio Toyoda warns that he may lose his board position if declining shareholder support, currently at its lowest ever, continues.
Toyota Shareholders Re-Elect Akio Toyoda as Chairman Amid Safety Test Scandal, Governance Issues
Toyota shareholders re-elected chairman Akio Toyoda to his post on the board but left him beleaguered due to the company’s governance issues and scandals involving some of its car models.
Toyota Shareholders Want to Remove Chairman Akio Toyoda From the Board Over Safety Test Scandal
Shareholders intensify pressure against Toyota chairman Akio Toyoda amidst a safety test scandal, with major advisory firms urging a vote against his reappointment.
Toyota's Market Value Plummets to Over $15 Billion After Falsified Safety Test Scandal
Toyota's stock price fell by over $15 billion last week after it admitted lying on safety certification tests.
Latest News
Toyota and Mazda halt vehicle shipments amid Japan's widening auto safety scandal due to irregularities in safety test data, leading to suspension of shipments by other automakers and potential repercussions.
Toyota unveils plans to revolutionize the traditional internal combustion engine, integrating it with green fuels and electric motors in hybrids.
Future hybrid cars from Toyota will have futuristic engines running on green fuels, challenging electric vehicles and aiming to reduce carbon emissions from the automotive industry.
Toyota is reportedly ending its massive sponsorship deal with the International Olympic Committee (IOC).
Global climate database thinktank InfluenceMap has ranked Toyota dead last in climate lobbying and third-worst in EV production in its 2024 report.
Toyota has partnered with Tencent to attract younger drivers in China. Japanese automaker Toyota has announced a partnership with Tencent, a Chinese social media and gaming giant, as it tries to appeal to the tech-savvy younger demographic.
Toyota recalls 135k Prius in Japan due to rear door handle issue. No accidents were reported. Production was halted, and orders were suspended.
Daihatsu's president indicated that Toyota will oversee model certification to rebuild trust following a safety test scandal.
Interest in electric vehicles is falling due to several factors, including a lack of charging infrastructure, increasing costs of raw materials, and financing rates.
Taiwan Semiconductor Manufacturing Co. (TSMC) has announced its plan to establish a second manufacturing plant in Japan, with support from tech giant Sony and carmaker Toyota.