Latest Akio Toyoda Stories
NEW YORK, April 17, 2013 /PRNewswire/ -- Toyota's global president and other senior executives will make a special announcement. WHAT: Production Announcement WHEN: Friday, April 19, 2013 9:30 a.m. EDT /8:30 a.m. CDT /6:30 a.m. PDT WHERE: New York City SCHEDULED SPEAKERS INCLUDE: Akio Toyoda, President, Toyota...
Japanese automaker Toyota and San Francisco-based Salesforce.com have announced a private social network for Toyota drivers called Toyota Friend. This program is designed to enable Toyota owners to become "friends" with their cars and get friendly, tweet-like reminders for maintenance checks and other notices."Social networking services are transforming human interaction and modes of communication," Toyota President Akio Toyoda told a joint news conference with Salesforce.com CEO Marc Benioff...
ERLANGER, Ky., March 25 /PRNewswire-FirstCall/ -- Toyota announced today that it has formed a new North American Quality Task Force led by senior automobile manufacturing executive Steve St. Angelo, who is Executive Vice President of Toyota Motor Engineering & Manufacturing North America (TEMA). He will guide the implementation of regional improvements in concert with the Special Committee for Global Quality led by Toyota Motor Corporation President Akio Toyoda. Mr. St. Angelo was...
WASHINGTON, Feb. 23 /PRNewswire-USNewswire/ -- As Toyota executives prepare to address Members of Congress, representatives of the Toyota employment community arrived on Capitol Hill to tell their side of the recall story, and show support for the Toyota brand. "We are here today representing the Toyota community that is present in every state, serving tens of millions of Americans, donating millions to local causes and accounting for more than 200,000 jobs," said Tammy Darvish, vice...
CINCINNATI, Feb. 18 /PRNewswire/ -- With the latest news that Toyota may recall its 2009 and 2010 Corollas because of power steering defects, Toyota has now admitted to defects in its vehicles' accelerator, braking and steering systems - the three most important aspects of operating a motor vehicle. Stanley M. Chesley of the Cincinnati-based law firm of Waite, Schneider, Bayless & Chesley Co., L.P.A. - whose firm has filed a major RICO class action against Toyota for deceiving its...
DETROIT, Feb. 5 /PRNewswire/ -- Here are details of two major stories in the upcoming February 8 issue of Automotive News. While today's Toyota press conference had President Akio Toyoda announcing a new global task force on quality to address mounting concerns, Automotive News Tokyo Reporter Hans Greimel delves into the reasons why Toyoda quietly disbanded Toyota's "Customer First" quality meetings in 2009 before this crisis ever surfaced. In a second page one story, Reporters Jesse...
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. He even apologized to consumers, saying automakers had abandoned...
Toyota's revised management team faces an uphill battle similar to its U.S. counterparts, Akio Toyoda, the Japanese automaker's new president, said. While not facing bankruptcy, which rocked rivals General Motors Co. and Chrysler this year, we must start again from the ground up, Toyota said in his first interview in Tokyo after taking over the company, The New York Times reported Tuesday. Since Toyota took over what last year became the world's largest automaker, 40 percent of Toyota's...
New Toyota Motor President Akio Toyoda said Thursday every effort will be made to avert a loss for the third straight year for the Japanese automaker. Tough conditions are likely to continue for the next two years, Toyoda, a member of the founding family of what is now the world's largest automaker, told a news conference in Tokyo, the Kyodo news agency reported. "We will take every possible measure'' to prevent a loss for the third year, he said. The company reported its first group loss of...
Japanese auto giant Toyota Motor Corp. officially handed the reins of the company to Akio Toyoda, the grandson of the company founder, Tuesday. Toyoda, dubbed the Prince by Japanese media, took over as the company's president through official board action, CNN reported. It has been 14 years since a family member ran the company, which foundered last year, posting its first annual loss in 70 years. In the year ending March 31, Toyota lost $4.5 billion. To date, it has lost an additional $7.7...
