Toyota Japan told the BBC that it wants to minimise its "currency risk exposure", but has not set a date for the change-over yet.
Sales of Toyota, Japan's biggest carmaker, jumped 22% in 2012 to 9.29 million vehicles.
On April 9th Toyota, Japan's largest car marker, announced that it plans to go into electricity generation.
Call the sport America's Toyota and Japan's General Motors (nyse: GM - news - people ).
Edwin Reingold's foot-in-door account of the rise of Toyota, Japan's most successful company bar none, represents hard-scrabble reporting at its factual best.
Renault's success with its basic, ultra-cheap Romanian-built Logan saloon has inspired imitations among competitors such as Toyota of Japan and South Korea's Hyundai.
Dion Corbett, spokesperson for Toyota, Japan's biggest carmaker, said the slump in sales meant that its sales targets for China might be "very difficult to achieve".
BBC: China's central bank governor to skip key meeting in Japan
Toyota, Japan's biggest carmaker, exemplifies the cult of the engineer.
Toyota, based in Toyota City, Japan, in January recalled about 2.3 million cars and trucks for sticky accelerator pedals.
FORBES: Toyota Should Pay Its $16.4 Million Fine And Move On
In Japan Toyota has 42% of the market and little room to grow.
The move by Toyota Japan's largest company by revenue to add outside directors to its board marks a significant shift, not just for the auto maker, but also for corporate Japan.
The end of subsidies for green vehicles in Japan hurt Toyota sales in its home market.
The subliminal message was that only in Japan can Toyota create the perfect car and that such quality sells itself.
With nearly half its production based in Japan, Toyota is clearly the most vulnerable to shake-ups, whether they rock the ground or financial markets.
The combined company will have recorded sales of JPY 12 trillion (USD 150 billion) making it the second largest industrial company in Japan after Toyota.
FORBES: I Admit It--I'm Elated by the Hitachi-Mitsubishi Heavy Merger
While many psychic, physical and economic scars remain in Japan, Toyota reported a 23-percent rise in quarterly net profit this week and raised its annual profit forecast by 10 percent.
FORBES: Back-On-Top Toyota Tests Gains With New Version of Tundra
Of course, much of spotlight has been on Toyota's rise in Japan, but Chinese automakers also have ambitions.
C5 models have it while, in Japan, some Toyota models are fitted with it.
Toyota's system in Japan already allows owners to operate the door locks and the windows by phone.
The Welsh plant employs more than 500 people and became the first factory outside Japan to build Toyota's hybrid engine.
Eighty percent of Japan's Toyota Motor 's (nyse: TM - news - people ) profits come from the U.S. market.
Japan's Toyota confirmed that its second car plant in Europe would be built in northern France, not in Britain alongside its first plant.
Hong Kong (CNN) -- Japan's Toyota Motors has revved ahead of U.S.-based General Motors in 2012 to reclaim the title of world's biggest auto manufacturer.
As part of its smart-grid activities, aimed at achieving a low-carbon society through efficient energy use, TMC is conducting trials in Japan of its Toyota Smart Center pilot program, which plans to link people, automobiles and homes for integrated control of energy consumption.
ENGADGET: Microsoft and Toyota to partner on smarter charging systems for EVs (update: yes)
Toyoda wept openly during one emotional show of support from Toyota dealers in the U.S. Then in 2011, an earthquake and tsunami in northeastern Japan wiped out auto suppliers and Toyota's vehicle production plunged.
In Japan, auto firm Toyota topped the charts, with a nomination rate of 59%.
While the recovery process in Japan has begun, Toyota said its cuts could be extended.
BBC: Toyota's Japanese output down 63% due to parts shortage
In 1959 Toyota's Motomachi factory became Japan's first full-scale car assembly plant.
Toyota also saw sales growth in Japan, up 5.2% to 5.8 trillion yen, which it said was the result of new products that are better tailored to the market and strong marketing efforts.
应用推荐