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Toyota, Honda plan to attack costs to free up cash for new tech

By Naomi Tajitsu and Kevin Buckland

May 9 2019 6:50AM

Hard task ahead as traditional automakers face a rapidly changing industry.

Toyota, Honda plan to attack costs to free up cash for new tech

Two top Japanese automakers said they planned to tighten their belts in the years ahead to free up cash to develop electric cars and ride-sharing services, underscoring the hard task ahead as traditional automakers face a rapidly changing industry. Toyota Motor Corp, the country's top automaker, ...

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