Toyota President Akio Toyoda introduced the 2018 Toyota Camry earlier this year at the North American International Auto Show. A back-to-back profit decline forecast for Toyota would be the first for Japan’s largest automaker since 1994 and a setback for Toyoda, who has made it a goal to insulate the company from the boom-and-bust cycles in the auto industry.
Toyota President Akio Toyoda introduced the 2018 Toyota Camry earlier this year at the North American International Auto Show. A back-to-back profit decline forecast for Toyota would be the first for Japan’s largest automaker since 1994 and a setback for Toyoda, who has made it a goal to insulate the company from the boom-and-bust cycles in the auto industry. Carlos Osorio AP
Toyota President Akio Toyoda introduced the 2018 Toyota Camry earlier this year at the North American International Auto Show. A back-to-back profit decline forecast for Toyota would be the first for Japan’s largest automaker since 1994 and a setback for Toyoda, who has made it a goal to insulate the company from the boom-and-bust cycles in the auto industry. Carlos Osorio AP

Toyota chief says he’s looking at spending cuts as profit slides

May 11, 2017 04:01 PM

UPDATED May 12, 2017 08:23 AM

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  • 'It's a sexy man carrying a turkey.'

    Actor Matthew McConaughey worked with Wild Turkey and about 250 volunteers to deliver 4,500 turkeys in Lawrenceburg, home of the Wild Turkey distillery. Follow McConaughey, who personally delivered the birds to several houses, where residents were excited to see him. "It's probably one of the neatest things Lawrenceburg has ever seen."