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Toyota chairman's son to take new role at automaker in August
Toyota chairman's son to take new role at automaker in August TOKYO, June 1 : Toyota Motor subsidiary, Woven by Toyota, said on Monday that Senior Vice President Daisuke Toyoda, the son of Toyota Chairman Akio Toyoda, will move to a new role at the automaker effective August 1. Toyoda will return as a project manager to a division close to the "genba" (front line) of vehicle development, a spokesperson said, declining to specify the department or models involved.
Japan Inc.’s Shake-Up Sparks Flashbacks to Dot.com Boom and Bust
Kenta Kon, incoming chief executive officer of Toyota Motor Corp., right, and Koji Sato, outgoing chief executive officer, pose for photographs during a news conference in Tokyo, Japan, on Friday, Feb. 6, 2026. Toyota appointed Kon as its new chief executive officer, a surprise leadership reshuffle in the midst of a high-profile bid to privatize a key unit. Soichiro Koriyama/Bloomberg
SoftBank shares plunge 10% amid broader tech sell-off
Shares of SoftBank fell 10% following an overnight sell-off in the U.S. market on the back of wider profit taking in the tech sector. Other Asian tech giants also saw their share prices fall. While the Japanese investment giant recently overtook Toyota Motor as Japan's most valuable company, there are market concerns over SoftBank's high-risk bets on AI, even as its share price has risen about 70% year-to-date on investor enthusiasm over the new technology.
Japan's Nikkei tops 67,000 on AI boost; SoftBank becomes most valuable Japanese firm
Japan's Nikkei tops 67,000 on AI boost; SoftBank becomes most valuable Japanese firm TOKYO, June 1 : Japan's Nikkei share average topped 67,000 for the first time on Monday, powered by AI-related stocks, as startup investor SoftBank Group overtook Toyota Motor to become the country's most valuable company. The Nikkei climbed as much as 1.4 per cent to touch a record 67,231.28 before ending the day with a 0.9 per cent gain at 66,934.33. SoftBank was by far the biggest support for the Nikkei,...
Japan's Nikkei tops 67,000 for first time on AI boost; SoftBank becomes Japan's most valuable firm
Japan's Nikkei tops 67,000 for first time on AI boost; SoftBank becomes Japan's most valuable firm TOKYO, June 1 : Japan's Nikkei share average topped 67,000 for the first time on Monday, powered by AI-related shares, as startup investor SoftBank Group overtook Toyota Motor to become the country's most valuable company. The Nikkei climbed 1.1 per cent to enter the midday recess at 67,038.24, after pushing as high as 67,231.28. SoftBank was by far the biggest support for the index, jumping...
Tropical storm Jangmi batters Japan, cuts power to 60,000 homes
Tropical storm Jangmi batters Japan, cuts power to 60,000 homes Evacuation advisories were issued to hundreds of thousands of residents in eight prefectures across southwestern, central and eastern Japan. Severe tropical storm Jangmi ripped across Japan on Wednesday (Jun 3) morning, with fierce winds and torrential rain disrupting transport and businesses, and knocking out power for tens of thousands of homes. The storm's centre lay off the central, main island of Honshu, tracking northeast...
Upcoming car launches in June 2026: New S-Class, BMW X6 & more
June 2026 is set to bring several new vehicle launches to the Indian market, spanning the luxury, performance, hybrid and electric segments. Automakers are preparing to introduce new models and powertrain options as they broaden their offerings across categories. The key launches expected this month include the new Mercedes-Benz S-Class, BYD’s new hybrid model, the BMW X6 M60i and the Skoda Kodiaq RS.
Team Qatar to make Le Mans 24 Hours debut with big ambitions
Team Qatar to make Le Mans 24 Hours debut with big ambitions June 9 : Team Qatar will make their Le Mans 24 Hours endurance debut this weekend in a significant step for a small country with big motorsport ambitions. The team have linked up with Italy-based Iron Lynx to field an LMGT3 Mercedes-AMG entry at the French Circuit de la Sarthe with Qatari driver Abdulla Al-Khelaifi partnering German Julian Hanses and Giuliano Alesi, son of former Formula One racer Jean. Qatar's Le Mans entry is...
It doesn't feel very agricultural: The 2026 Subaru Solterra review
After a slow start, Subaru's electrification journey picked up a bit this year with the debut of a pair of new electric vehicles, the Uncharted and the Trailseeker. Neither is truly an in-house Subaru—like the Solterra EV before them, they use Toyota's e-TNGA platform. The Solterra remains on sale alongside the two new EVs—it's bigger than the Uncharted and less off-roady than the Trailseeker—and like the closely related Toyota bZ, the Solterra recently got its midlife update.
Meet the Filipinas inspiring a new motorsport generation
Julia de los Angeles and Angie Mead King inspire women and girls to take up motorsport in the Philippines Sat 6 Jun 2026 at 11:53am Over the last few years Formula 1 has evolved from a niche fanbase into surging viewership in the Philippines, driven by Netflix's docuseries Drive to Survive. But in the middle of this male-dominated industry the Philippine motorsport scene is seeing a major shift: women are moving from being spectators to pursuing seats as drivers or jobs as engineers or...