Tim Culpan, Columnist

The World’s Biggest Car Company Has Blurred Vision

Toyota has immediate problems on its hands, yet hasn’t outlined a clear plan to fix them — or a long-term strategy for a shift to electric vehicles.

Where’s the plan?

Photographer: Kiyoshi Ota/Bloomberg
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Toyota Motor Corp. looks lost.

That may seem like a strange conclusion to make of a multinational giant that was just crowned the planet’s largest carmaker for a fourth straight year. But there’s reasons to be concerned: It has no clear vision for how to stay there.