Latest Akio Toyoda News

Stock market today: Asian shares mostly gain after Wall St rallies to new records

Jun. 18, 2024 01:44 AM EDT

BANGKOK (AP) — Shares were mostly higher in Asia on Tuesday after U.S. stocks rallied to more records, with gains for technology companies pushing the benchmarks higher. U.S. futures were flat and oil prices declined. This week has few top-tier economic reports...

Akio Toyoda, grandson of Toyota founder, wins shareholders' approval to stay in leadership

Jun. 17, 2024 23:38 PM EDT

TOKYO (AP) — Toyota shareholders voted Tuesday in support of all the company's proposals, including keeping Akio Toyoda, grandson of the Japanese automaker’s founder, as chairman on the board. Details on the vote tallies were not immediately available. But the company confirmed...

Akio Toyoda, grandson of Toyota Motor Corp's founder, wins shareholders' approval to stay at automaker's helm

Jun. 17, 2024 23:24 PM EDT
TOKYO (AP) — Akio Toyoda, grandson of Toyota Motor Corp's founder, wins shareholders' approval to stay at automaker's helm.

Toyota shareholders demand vote against chairman Toyoda as automaker embroiled in testing scandal

Jun. 15, 2024 23:08 PM EDT

TOKYO (AP) — Toyota’s chairman Akio Toyoda will be facing some disgruntled shareholders this week, as two major proxy groups demand a vote against keeping the grandson of the founder on its board. The vote expected at the June 18 annual shareholders meeting comes after Toyota...

Toyota apologizes for cheating on vehicle testing and halts production of three models

Jun. 03, 2024 11:17 AM EDT

TOKYO (AP) — Toyota Chairman Akio Toyoda apologized Monday for massive cheating on certification tests for seven vehicle models as the automaker suspended production of three of them. The wide-ranging fraudulent testing at Japan’s top automaker involved the use of inadequate or...