Akio Toyoda

Suzuki and Daihatsu join Toyota electric vehicle venture

Posted in REVIEWS on July 21, 2021

TOKYO — Suzuki Motor Corp and Daihatsu are joining a commercial electric vehicle coalition led by Toyota Motor Corp, the carmakers announced on Wednesday, helping the Japanese alliance expand its focus from trucks to smaller cars. The two automakers will each acquire a 10% stake in the joint venture, on par with Isuzu Motors and Hino Motors, while Toyota will hold a 60% stake, they said. "With Suzuki and Daihatsu joining the project and working Read More »

Toyota GR Yaris Morizo Selection learns as it goes

Posted in REVIEWS on June 7, 2021
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The Toyota GR Yaris forbidden-in-the-U.S. world rally homologation special is getting yet another tweak that makes it even more desirable. Its trick feature is periodically updated software that will improve the driving experience as you spend more time driving the car. However, there's a catch. The feature, and indeed the whole car, is only available through a subscription service. In addition to its battles on the rally circuit, the GR Yaris is being campaigned by Read More »

Toyota's Akio Toyoda criticized for questioning combustion car ban

Posted in REVIEWS on May 10, 2021

TOKYO — Some Toyota Motor shareholders have criticized its President Akio Toyoda for questioning Japan's plans to ban conventional cars only days after the firm said it was reviewing its climate lobbying and aimed for carbon neutrality by 2050. The five investors, who collectively have around $500 billion in assets under management and spoke exclusively to Reuters, said the carmaker risks falling behind competitors that are rolling out electric vehicles, while giving cover for other Read More »