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Toyota

CEO Akio Toyoda doubles down on Toyota’s long term EV targets

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Toyota recently held its annual dealer meeting in Las Vegas, during which the company's CEO, Akio Toyoda, made statements about the automaker's electrification strategy....
Toyota

Toyota trims June production by 100,000 units due to chip shortage

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On Tuesday, Toyota Motor Corporation announced that global production for June would experience further adjustments as the carmaker grapples with supply chain issues. Of a previously...
Toyota

Cyberattack to shut down Toyota’s operation in Japan

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On Monday, Toyota announced that all Japanese operations would be suspended on Tuesday following a suspected cyberattack on a key supplier of electronic parts and plastics. What seems like largely a preventative measure, the closure will mean that 13,000 vehicle builds will go unrealized for the day. A statement released by Toyota read, “Due to […]
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Toyota

Toyota announces a $70 billion commitment to EVs

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This week, Toyota announced its plans to further its commitment to electric vehicles, stating it will be allocating $70 billion to the development of its electric lineup. The announcement is quite significant, as Toyota has been criticized for lagging behind in the transition to EVs and has also been accused of attempting to slow down […]
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Toyota

Envisioning the Future: Toyota Looking for New Leadership

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Almost a decade ago in June of 2009, Akio Toyoda was elected to replace Toyota’s departing president, Katsuaki Watanabe. He took over the corporation at a low point for the auto industry, as “tight credit, volatile fuel prices and rising jobless numbers” had already caused record losses for many competitors in the auto industry. Despite […]
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newscast

Selling Quality Inventory by Increasing Your Consumer Reach | Why is...

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On today's CBT Newscast for Monday, December 18th, 2017: Selling Quality Inventory by Increasing Your Consumer Reach According to Andy MacLeay, Director of Digital Marketing with...