NEWS

NEWS

Toyota Names Kenta Kon as New President: Everything You Need to Know About the New CEO

Explore the career, background, and vision of Kenta Kon, the new President and CEO of Toyota Motor Corporation (effective April 2026). Discover why the former CFO and Woven by Toyota leader was chosen to succeed Koji Sato and lead Toyota's financial and software transformation.
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Top-Earning Formula 1 Drivers: Salary & Income Rankings

Formula 1 is no longer just the pinnacle of motorsport—it is one of the most powerful commercial platforms in global sport. The 2025 Formula 1 season delivered record-breaking earnings for the world’s elite drivers.
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What Is an F1 Reserve Driver? A Deep Dive Into Their Role and Importance

FAn F1 reserve driver is the designated substitute who steps in when a team's race driver becomes unavailable due to illness, injury, or unforeseen circumstances. Ready to jump into the cockpit at a moment’s notice, reserve drivers must possess extensive racecraft, adaptability, and the technical insight required to integrate into a Grand Prix weekend seamlessly.
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Nissan Premieres the All-New Elgrand at Japan Mobility Show 2025

Nissan unveiled the all-new Elgrand, scheduled for launch in the summer of 2026, at the Japan Mobility Show 2025. Since its debut in 1997, the Elgrand has redefined Japan’s premium minivan market with its spacious interior, refined luxury, and exceptional performance. The fourth-generation model inherits this legacy while introducing significant advancements in electrification and design.
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Sergio Perez’s F1 Record and Career – A Veteran Racer Joins Cadillac

Mexican driver Sergio “Checo” Perez will return to the Formula 1 grid in 2026 with the Cadillac F1 Team. With more than a decade of experience and proven results, Perez brings a wealth of knowledge and racecraft to the American squad’s debut season.
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Valtteri Bottas’s F1 Record and Career – A Veteran’s New Chapter with Cadillac

Set to make his Formula 1 return with Cadillac in 2026, Finnish driver Valtteri Bottas brings a wealth of experience and proven results to the American team as it begins its journey in the sport.
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Perez and Bottas to Return to F1 with Cadillac in 2026

Cadillac has officially announced its driver line-up for its debut Formula 1 season in 2026, confirming Grand Prix winners Sergio Perez and Valtteri Bottas as its race drivers.
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Nissan to Transfer Oppama Vehicle Production to Nissan Kyushu by FY2027 as Part of Re:Nissan Strategy

On July 15, 2025, Nissan Motor Co., Ltd. announced that it will end vehicle production at its Oppama Plant in Yokosuka, Kanagawa, by the end of fiscal year 2027. The production will be consolidated at Nissan Motor Kyushu Co., Ltd. (located in Kanda, Fukuoka) as part of the company's Re:Nissan restructuring plan aimed at optimizing global manufacturing operations.
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Nissan Unveils “Re:Nissan” Revival Plan: Bold Overhaul Aims for Profitability by FY2026

On May 13, 2025, Nissan Motor Co., Ltd. (headquartered in Yokohama, Japan) announced its new corporate revival initiative: the "Re:Nissan" plan. Under the leadership of CEO Ivan Espinosa, the plan aims to return the automotive business to profitability—both in operating profit and free cash flow—by fiscal year 2026.
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Is Toyota’s New Vice Chairman Koji Sato Driving an AE86?

Koji Sato, the new Vice Chairman of Toyota Motor Corporation, is widely known as a genuine car enthusiast. His most recent addition to his personal garage? A legendary 1980s machine: the AE86 Corolla Levin GT-APEX. Sato reportedly found the vehicle himself on a used car listing site and directly contacted a specialty shop in Nagano Prefecture—Koizumi Shokai—to make the purchase.
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Koji Sato, the New Vice Chairman of Toyota: Career, Education, Income, and Personal Background

Koji Sato, born on October 19, 1969, in Tokyo, is the 12th President and CEO of Toyota Motor Corporation. After graduating from Waseda University in 1992 with a degree in Mechanical Engineering, he joined Toyota the same year.
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Nissan CEO Ivan Espinosa’s Daily Driver Is a Fairlady Z? – A True Car Guy’s Mission to Revive Sports Cars

A mechanical engineering graduate of Tecnológico de Monterrey, Espinosa joined Nissan in 2003 and rose through the ranks, leading global product planning, program management, and overseeing divisions like NISMO and motorsports. His passion, however, extends far beyond the boardroom.
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Nissan CEO Ivan Espinosa: Career, Nationality, and Age

In April 2025, Ivan Espinosa assumed the role of President and Chief Executive Officer of Nissan Motor Co., Ltd., marking a new era for the global automaker. A seasoned executive in the automotive industry, Espinosa hails from Mexico and is 46 years old as of 2025.