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 4:01 PM

More Videos

How a Lexington-based business makes movies go viral 1:18

How a Lexington-based business makes movies go viral

The Cat Walk for UK-Mississippi State football 0:46

The Cat Walk for UK-Mississippi State football

LexCath upsets Dunbar on PKs for the second time in 10 days 0:48

LexCath upsets Dunbar on PKs for the second time in 10 days

Can Bevin turn the 'sacred cows' of Kentucky's tax code into hamburger? 2:01

Can Bevin turn the 'sacred cows' of Kentucky's tax code into hamburger?

88-year-old grandmother attends UK classes with granddaughter for a day 1:34

88-year-old grandmother attends UK classes with granddaughter for a day

'Better than most.' Bevin touts 401(K) plan for future public workers. 0:33

'Better than most.' Bevin touts 401(K) plan for future public workers.

Kevin Knox: UK's cramping, perimeter shooting will be addressed 1:31

Kevin Knox: UK's cramping, perimeter shooting will be addressed

PJ Washington: 'I've got to take it to another level' 1:17

PJ Washington: 'I've got to take it to another level'

Calipari says he’s had ‘way worse’ shooting teams than this one 1:00

Calipari says he’s had ‘way worse’ shooting teams than this one

Becoming 'Mr. Social Security': The bizarre story of fugitive lawyer Eric Conn 2:30

Becoming 'Mr. Social Security': The bizarre story of fugitive lawyer Eric Conn

  • How a Lexington-based business makes movies go viral

    Fooji has worked with Thor, Beauty and the Beast, Ellen, Live with Kelly and Ryan and more to generate buzz and get their hashtags trending on Twitter by giving away cool stuff that's delivered right away.