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Toyota Motor Corp.’s new CEO Koji Sato unveiled the beginnings of a long-awaited plan to electrify the automaker’s vehicle lineup during his first press conference.

Subaru Corp. appointed Atsushi Osaki as CEO and president, following Toyota Motor Corp.’s decision to overhaul its top ranks, suggesting a greater urgency among Japanese carmakers to accelerate efforts to better compete in the electric vehicle era.

Toyota Motor Corp. reported a slight drop in global sales in January due to lingering effects of the COVID-19 pandemic and a chronic shortage of semiconductors for automobiles, the Japanese automaker said.

Toyota Motor Corp. posted third-quarter profit that topped estimates, but kept its conservative outlook for the year intact.

TOKYO — Toyota set up a new leadership team Jan. 26 in what the Japanese automaker said was a move to stay abreast of social changes like electrification and becoming a wider “mobility company.”

Toyota Motor Corp. said its global output hit a record for November, thanks in part to solid consumer demand, though it warned of an uncertain outlook due to a persistent shortage of semiconductors and spikes in COVID cases in China.

The president of Toyota Motor Corp. is publicly questioning whether the auto industry should transition as quickly to electric vehicles.

Toyota Motor Corp. plans to keep gas-powered cars as a key part of its lineup, rejecting efforts by rivals to go fully electric amid concerns over how quickly consumers will embrace new technologies.

Toyota Motor North America and Kenworth Truck Co., a unit of Paccar Inc., announced Class 8 fuel cell-electric vehicles are a potential zero-emission replacement for diesel-powered trucks.

TOKYO — Toyota is investing $5.6 billion in Japan and the U.S. to boost production of batteries for electric vehicles, the Japanese automaker said Aug. 31.