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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.
SoftBank Group beats Toyota, becomes Japan's most valuable firm; CEO can thank Sam Altman
Tech investing giant SoftBank Group has dethroned Toyota to become Japan’s most valuable company, ending Toyota’s over 20-year streak at the top of the Japanese market, signaling a chang as investor enthusiasm moves from traditional manufacturing to the artificial intelligence (AI) sector. The Masayoshi Son-led firm has invested heavily in OpenAI, the maker of ChatGPT. SoftBank shares skyrocketed more than 14% this week to close at an all-time high, driving its total market valuation to a...
Germany and Japan test hydrogen future with BMW, Toyota cars
During a recent visit to Japan, Germany's transport minister Patrick Schnieder toured hydrogen projects aimed at bringing the fuel into the mainstream.
SoftBank overtakes Toyota to become Japan’s largest company
Demand for AI stocks powers tech giant’s shares, helping it become biggest group by market capitalisation
SoftBank Set to Dethrone Toyota as Japan’s Most Valuable Company
Signage for SoftBank Corp. displayed at a store in Tokyo, Japan, on Monday, May 11, 2026. SoftBank Group Corp. is scheduled to release earnings figures on May 13.
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.
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
Hamlin honors 'amazing teammate' Busch with win
There were no boos for Denny Hamlin after this winning burnout at Michigan International Speedway. Holding a black No. 18 flag out the window, the Joe Gibbs Racing star celebrated his 63rd career victory by smoking the tires of his No. 11 Toyota down the straightaway in honor of Kyle Busch, his late teammate whom he tied for ninth on the all-time win list in the NASCAR Cup Series. "Truthfully, I had to outlive him to tie him," said Hamlin who radioed, "We love you, KB" on his victory lap.
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...