As the car company’s president, he made decisions quickly and shook things up, expanding overseas manufacturing and introducing the Prius, a milestone in automotive history.
Category: Toyota Motor Corp
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Hiroshi Okuda, Disrupter Who Revived Toyota in the 1990s, Dies at 93
The New York Times – Business: -
A Humble 3-Wheel Electric Vehicle Lands Toyota in Federal Court
The New York Times – Business:A lawsuit filed in California claims the automaker’s philanthropic arm stole technology intended to help poor farmers, but it is not clear to what end.
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For New Car Brands, the Path to Success Is Littered With Flops
The New York Times – Business:Honda and Sony have bailed on Afeela, their joint E.V. project, without selling a single car. Subbrands from big automakers have a shaky track record, but leaning into luxury can help.
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These Countries Embrace E.V.s to Avoid Oil Price Shocks
The New York Times – Business:People in Costa Rica and other Latin American, Asian and African countries are increasingly buying electric vehicles to avoid spiking fuel prices.
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G.M. Reports Sharp Decline in Car Sales Amid War and High Prices
The New York Times – Business:Toyota, Honda and Hyundai reported drops in March. Some blamed gasoline prices.
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What to Know About Electric Cars When Gas Prices Are Surging
The New York Times – Business:War in Iran has disrupted global oil supplies, which is prompting some car shoppers to look for ways to climb off “the gas-price roller coaster.”
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Volkswagen Suffers More Than Rivals From Auto Industry Woes
The German automaker’s sales in the United States plunged last year, hit by tariffs and the end of tax credits for electric vehicles.
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New Car Sales Are Rising Thanks to Purchases by the Well-Off
A larger proportion of new cars are being bought by affluent Americans as prices and interest rates for auto loans climb, analysts said.
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Japanese Automakers Warn of Billions in Tariff Losses
Toyota, Honda and Nissan forecast big hits to their profits from higher tariffs that they acknowledged were likely ‘here to stay.’
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Toyota Says $10 Billion U.S. Investment Touted by Trump Isn’t New
Japanese officials have called into question some elements of the flurry of big new investments announced by President Trump during his Japan visit.