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Japan's auto world is abuzz after the grandson of Toyota's founder was reported to become the carmaker's next president
Japan's auto giant Toyota Motor executive Akio Toyoda (L), grandson of Toyota Motor founder Kiichiro Toyoda, and presid... -
Could this week get any worse for Toyota CEO Katsuaki Watanabe? Yesterday, Watanabe took the unusual step of announcing a huge profits revision at a year-end press conference which is held every December in Nagoya. It was so unusual, in fact, that Toyo...
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2008-12-19
Will Toyota now make a full year loss? - [Reprint]
The awful news in autos is unrelenting. There’s an article in today’s Nikkei newspaper which raises the possibility that Toyota could makes it first full-year operating loss since 1949. That was the one and only time.
While Toyot...
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