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TOKYO (Reuters) -Japan will give Toyota up to $841 million in subsidies for the automaker's investment in domestic production of batteries used in electric vehicles (EVs), Industry Minister Yasutoshi Nishimura said on Friday. Toyota this week laid out a sweeping plan for new technology and a radical redesign of factories, sending the clearest signal yet of its intention to capture a larger share
Analysts suggest it points more to governance issues than profitability, which is up.
By Daniel Leussink TOYOTA CITY, Japan (Reuters) - Toyota shareholders gather on Wednesday for its first annual general meeting under new CEO Koji Sato...
By Daniel Leussink TOYOTA CITY, Japan (Reuters) -Shareholders of Japan's Toyota were set to vote for an unprecedented resolution on the automaker's climate lobbying at an annual general (AGM) meeting on Wednesday, a day after it announced a radical roadmap for electric vehicle (EV) tech. The roadmap amounted to a strong signal to investors that the world's top-selling automaker is serious about
Toyota faces an unprecedented challenge at its annual shareholder meeting on Wednesday, with some pension funds voting against Chairman Akio Toyoda on governance issues, while seeking more disclosures... | June 13, 2023