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The Latest Breaking News from Koji Sato

Toyota profit slides 43% after finance chief is tapped as new CEO

Japan’s biggest carmaker reports a sharp quarterly earnings drop, citing tariff pressures and rising costs, while announcing a leadership change at the top.

Euronews

Toyota Has A New CEO, Again. Here's What It Means For EVs, China And Beyond

Koji Sato, who has extensive engineering experience, is out after just three years. His replacement is a numbers guy.

InsideEVs

The Daihatsu K-Open Hints at Affordable RWD Sports Car

It’s been exactly a month since Daihatsu announced it would end production of the Copen in the second half of 2026. However, Toyota’s budget-oriented brand left the door open for a potential successor, and sure enough, a next-generation model is officially in development. Even better, it’s moving to a new…

Motor1

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The Toyota Corolla Goes Electric—And Then Some

The Corolla Concept debuting at the 2025 Japan Mobility Show is a futuristic remake for the world's best-selling car with electric, hybrid or gasoline power.

InsideEVs

Toyota Boss: All Cars Must Be Fun

In early 2017, former Toyota CEO and President Akio Toyoda issued a company-wide decree: “No more boring cars.” He backed up that statement with exciting products like the GR Yaris, GR Corolla, and the Supra. Pictured here, the GR GT3 concept is all but confirmed to spawn a road-going version,…

Motor1

Toyota's New Trademark Filing Hints at a High-Performance Celica

There's more evidence that a new Toyota Celica is actually happening. Not only that, it appears a performance-oriented version could be part of the car's rebirth. A trademark filing from Toyota in Brazil features the Celica name with two critical letters in front of it: GR.

Motor1

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

Toyota shareholders have voted in support of all of the company's proposals at their annual meeting, including keeping Akio Toyoda, the grandson of the Japanese automaker’s founder, as chairman of the board

The Independent UK

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Toyota’s bet on hybrids was mocked, then vindicated. Now it’s trying to repeat the trick with an unlikely bet on the combustion engine

The automaker is developing new engines that accept alternative fuels.

Fortune

Japan's Toyota shows 'an engine born' with green fuel despite global push for battery electric cars

Japanese automaker Toyota introduced plans to cast a futuristic spin on the traditional internal combustion engine

The Independent UK

Toyota To Invest Record Profits Into Electric Vehicles And AI

Today on Critical Materials: Toyota is investing heavily into EVs, Tesla wanted to unveil robotaxi in April, and calls for semi truck charging infrastructure.

InsideEVs

Japan’s Toyota posts record 4.9tn yen profit driven by hybrid demand

Japanese car giant says net profit reached 4.94 trillion yen ($31.9bn) in the year to March.

Al Jazeera

'Detached From Reality': Welcome To The Tesla vs. $TSLA Showdown

There are two ways to think of Tesla, more than ever: the car company and the stock price.

InsideEVs

Toyota Slammed For 'Misleading' Public About EVs in FTC Complaint (Updated)

A firm has filed a public complaint with the U.S. Federal Trade Commission over Toyota's alleged "misleading" EV advertising practices.

InsideEVs

Toyota’s board chair loses support from U.S. funds like CalPERS over slow embrace of EVs

Akio Toyoda, grandson to Toyota's founder, was slow to embrace electric cars during his time as CEO.

Fortune

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The Independent UK

Toyota debuts hydrogen-fueled Corolla race car as auto racing begins shift away from gas guzzlers

A humble Corolla running on liquid hydrogen has made its racing debut, part of a move to bring the futuristic technology into the racing world and to demonstrate Toyota Motor Corp.’s resolve to develop hydrogen vehicles

The Independent UK

Toyota, Daimler Truck, Hino, Mitsubishi Fuso joining forces in ecological technology

German truck maker Daimler, Toyota and two other automakers plan to work together on new technologies, including the use of hydrogen fuel, to help fight climate change

Motor1

New Toyota Boss Says Solid-State Batteries And Synthetic Fuels Still Need To Evolve

Like his predecessor, Koji Sato believes hydrogen has a future.

Bangkok Post

Toyota forecasts 10% rise in annual profit, robust EV sales

TOKYO: Toyota Motor Corp on Wednesday said it expects operating profit to climb 10% this business year, with a five-fold jump in pure electric vehicle (EV) sales amid an easing in global supply chain disruption from a shortage of chips.

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Bangkok Post

Toyota profit falls for first time in 4 years

TOKYO: Toyota Motor Corp said on Wednesday that its net profit fell 14% in fiscal 2022 from the previous year to 2.45 trillion yen ($18 billion), the first decline in four years, due to rising material costs.

The Independent UK

Toyota's profits rise as global chips supply crunch subsides

Toyota’s January-March profit has edged up 3% from the previous year on robust sales as a chips supply crunch gradually eased

InsideEVs

Toyota's New CEO Presents Three-Step EV Success And Profitability Plan

Until now, Toyota didn't really have an EV success plan. Despite being one of the world's top carmakers, it has mostly avoided EVs, but changes are beginning.

The Independent UK

Toyota's new president vows to step on electrification pedal

Toyota’s new president Koji Sato has promised what he called an aggressive shift on “electrification,” while acknowledging criticism that Japan’s top automaker has fallen behind

InsideEVs

Toyota To Launch 10 New BEVs By 2026, Teases Lexus Fastback

Toyota promises its next-generation BEVs developed by a new, specialized business unit will double driving range by using batteries with far greater efficiency.

InsideEVs

Toyota Already Working On A New EV-Only Platform, Will Take Inspiration From Tesla

The world’s biggest automaker is looking towards Tesla’s innovations in the field of EV manufacturing, taking inspiration from the American EV maker’s Giga Press casting machines.

InsideEVs

New Toyota CEO Still Wants To Prioritize Hydrogen Over BEVs

Toyota's new CEO, Koji Sato, believes hydrogen is the way forward when it comes to carbon neutrality. However, he is not discounting BEVs entirely.

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