Toyota to Announce New President

TOKYO (AP) - Toyota says it is announcing a new president
Tuesday as it hopes to ride out the biggest crisis in its history.
Japanese media have reported recently that Akio Toyoda, the
grandson of the company's founder, has been tapped to head Japan's
Toyota Motor Corp.
Toyota said the announcement will be made by current president
Katsuaki Watanabe and Toyota Chairman Fujio Cho, a former
president. The company declined to say whether Toyoda would be
present at the announcement.
Toyota said Tuesday it sold 8.972 million vehicles worldwide
last year, down 4 percent, as a global slump in new car sales
overshadowed its race to overtake General Motors as the world's
biggest automaker.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLO-TV 4850 Ampere Drive Reno, NV 89502
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 37859249 - kolotv.com/a?a=37859249
Gray Television, Inc.