Akio Toyoda apologizes to shareholders, shareholder tells him to stop crying
Filed under: Government/Legal, Recalls, Safety, Toyota, Earnings/Financials
Now there’s some sad things known to man, but ain’t too much sadder than the tears of a… CEO? Apparently, at least one Toyota shareholder has seen enough tears and weeping from the company’s not-so-fearless leader.
According to a report from Reuters, one of Toyota’s shareholders requested, “Mr. Toyoda, you’ve [...]
Mr. Toyoda comes to Washington
Filed under: Government/Legal, Recalls, Safety, Toyota
The second day of Congressional hearings on the “Response by Toyota and NHTSA to Incidents of Sudden Unintended Acceleration” has been underway since 11 am this morning, with an animated NHTSA Secretary Ray LaHood juking and jiving around Congress’ questions. But the big showing today is Toyota President Akio Toyoda, [...]
Toyoda officially invited to attend House Oversight Commitee meeting on Toyota safety – UPDATE: Guess who’s coming to D.C.?
Filed under: Government/Legal, Recalls, Safety, Toyota
Just yesterday, Toyota Motor Company’s president Akio Toyoda (yep, the grandson of the company’s founder) indicated that he had no intention of attending a February 24 Congressional hearing before the House Oversight Committee. Instead, Toyoda said that Yoshimi Inaba, president of Toyota’s operations in North America, will appear on behalf [...]
Akio Toyoda outlines quality reform, won’t attend U.S. hearings
Filed under: Japan, Recalls, Toyota
In a press conference on Wednesday in Tokyo, Toyota Motor Company’s president Akio Toyoda (grandson of the company’s founder) revealed new details of his plan to reform the automaker’s quality standards. Toyota has been beset by a trio of high-profile recalls, two of which involve unintended acceleration caused by either floormats [...]
Toyota President Akio Toyoda pens op-ed piece for Washington Post
Filed under: Japan, Recalls, Toyota
Oh, what a terrible feeling it must have been when Toyota’s president, Akio Toyoda, had to sit down and write out this here mea culpa, mia maxima culpa for today’s Washington Post. As the bad news continues to fall upon Toyota’s bruised crown, we imagine that Mr. Toyoda realized that his [...]
