Toyota Ramps Up Commitment to Electrification with U.S. BEV Production and Additional Battery Plant Investment

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U.S. Public Pension Funds Oppose Re-Election of Toyota (TM) Chairman

June 2, 2023 3:28 PM EDT

Reports on Toyotas (NYSE: TM) shareholder voting records Friday show that Two of the largest U.S. public pension systems, The California Public Employees' Retirement System (CalPERS) and the Office of the New York City Comptroller, have voted against the re-election of the automakers Chairman, and grandson of the company's founder, Akio Toyoda.

Records show that the two pension funds also... More