Toyota Motor Corp confirmed Thursday it will not renew its top-tier sponsorship contract with the International Olympic Committee at the end of the year. Toyota Chairman Akio Toyoda announced the decision via the Japanese automaker's media channel, while raising doubts about whether athletes are being put first in the Olympics.…

Toyota Motor Corp confirmed Thursday it will not renew its top-tier sponsorship contract with the International Olympic Committee at the end of the year. Toyota Chairman Akio Toyoda announced the decision via the Japanese automaker's media channel, while raising doubts about whether athletes are being put first in the Olympics.…

TOKYO :Toyota Motor Chairman Akio Toyoda confirmed on Thursday the company will not renew its 10-year contract as a top sponsor for the Olympics and Paralympics following the Paris Games.The world's biggest automaker, which had already suggested it would not renew the contract when it expired, will continue t

TOKYO : Toyota Motor Chairman Akio Toyoda said on Thursday the company will end its contract as a top sponsor for both the Olympics and Paralympics following the end of the Paris Games.The company will continue to support athletes, however, Toyoda said during an interview in the company-owned media channe