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TOKYO – Toyota Motor Corp said on Thursday that Akio Toyoda will step down as president and chief executive to become chairman on April 1, and hand over the helm of Japan’s biggest automaker to its top branding officer, Koji Sato. Sato will become the new CEO while the current chairman, Takeshi Uchiyamada, will drop his chairman title…

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General Motors on Wednesday posted a 2.5% rise in US new vehicle sales in 2022, outselling Toyota Motor, helped by an easing of inventory shortages and strong demand for its cars and trucks. GM, which lost the spot as the top US automaker at the end of 2021 for the first time since 1931, said its…

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Japanese car maker Toyota logo is seen in an electric passenger vehicle which are on display at … [+] Global Investors Meet 2022, in Bangalore, India, 02 November, 2022. (Photo by Indranil Aditya/NurPhoto via Getty Images) NurPhoto via Getty Images Toyota Motor’s stock (NYSE: TM) has declined by around 20% year-to-date, underperforming the broader U.S.…

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Toyota Grand Highlander teaser image All rights reserved by MAGROUND GmbH Over the past 20 years, the Highlander three-row crossover has become of foundation of Toyota’s sales in North America. Through four generations, it has steadily grown and gotten more popular, but even its current form, the third-row is still relatively tight. In 2023, Toyota…

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