News - Toyota Motors
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Toyota Motors Chief Executive Officer Akio Toyoda issued apologies to consumers, families of accident victims and tax collectors at a news event in Japan. At an appearance at the Japan National Press Club, Toyoda said the automaker was grasping for salvation, The New York Times reported Friday. With Toyota predicted to lose about $5 billion in the current fiscal year, he said it was agonizing to close a car plant in California.
Toyota Motors, the world's largest automaker, is planning on releasing a fuel-cell car by 2015 in its attempt to retain its lead in the global race for green cars.
Tokyo, Japan - Aug. 28, 2002 - (JCN Newswire) - On August 28, Toyota Motors announced it will launch the G-Book information network service on October 1. The preview website will be online at http://g-book.com on September 1.
