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Toyota promotes finance chief Kenta Kon as CEO in second leadership change in 3 years
A Toyota dealership is seen on November 19, 2025 in Austin, Texas. Brandon Bell | Getty Images Toyota Motor announced Friday that Chief Executive Officer Koji Sato will step down and be replaced by its Chief Financial Officer, Kenta Kon, marking the automaker’s second CEO transition in three years. The leadership shakeup will take effect […]
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Stellantis to take $26 billion hit overhauling its business after ‘over-estimating the pace of the energy transition’
Automaker Stellantis said on Friday it expects to take a roughly 22-billion-euro ($26 billion) hit as it overhauls its business to accelerate the rollout of electric and hybrid vehicles. The Jeep maker also pre-released some figures for the fourth quarter, saying it anticipates a net loss for 2025. In recognition of that net loss, it […]
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Japan’s Takaichi eyes decisive mandate as polls point to snap election landslide
Sanae Takaichi, Japan’s prime minister and president of the Liberal Democratic Party (LDP), speaks at an LDP election rally in Kawagoe, Saitama Prefecture, Japan, on Tuesday, Feb. 3, 2026. Traders are bracing for increased volatility as the Feb. 8 lower house election approaches. Photographer: Soichiro Koriyama/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images […]
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