Toyota

Toyoda taps bankers for $42 billion buyout of Toyota Industries as soon as November

Toyota Chairman Akio Toyoda stands in a suit in an office lobby with his hand on a loom and a car in the background.
Toyota Chairman Akio Toyoda's buyout plan comes as Toyota Motor Corp. seeks to rebuild trust in its governance after a series of regulatory scandals. (HANS GREIMEL/AUTOMOTIVE NEWS)
May 07, 2025 11:38 AM