Akio Toyoda’s pushing to buy out Toyota Industries sparks debate amid profit worries and corporate shake-ups. Great-grandson of Sakichi, ex-CEO.
Toyota announced a $1 billion investment to expand hybrid vehicle production across the US, creating 252 jobs. The move aligns with its strategy to focus on hybrids amid shifting EV demand and tariffs, with plans to increase manufacturing in several states and produce hybrid engines and vehicles.