Tag Archives: akio toyoda

Toyota and Mazda JV to Build Cars in U.S. Trumped?

The plant would have an annual production capacity of approximately 300,000 units. Pending approvals and authorization by government agencies, the companies will begin to examine detailed plans with the goal of starting operations in 2021. The plant will require a total investment of approximately $1.6 billion, and will create up to 4,000 jobs. Continue reading

Posted in economy, new vehicle, news analysis | Tagged , , , | Leave a comment

Toyota Projects 20% 2012 Sales Rise. Ichiban Again?

Both General Motors Company and Volkswagen Group, at more than 8 million vehicles each, will outsell Toyota’s 2011 sales tally of fewer than 8 million in a record global market of 75 million vehicles. Continue reading

Posted in auto news, news, news analysis, people, results, sales | Tagged , , , , , , , , , | Leave a comment

Toyota Starts a Sweeping Reorganization – “Global Vision”

Vowing that “Toyota will lead the way to the future of mobility,” Toyoda, the scion of the founding family, said the executive staff would be streamlined and more decision making power would now reside in the regions.

The unintended acceleration and stuck gas pedal recalls were only undertaken by Toyota after years of neglect when U.S. Department of Transportation officials flew to Japan and insisted on the safety recalls. U.S. Toyota executives were only responsible for sales matters and were powerless to address the issue. Subsequently, DOT imposed record multi million dollar fines on Toyota for delays in addressing the deadly problem.
Continue reading

Posted in auto news, news analysis, transportation | Tagged , , , , , , , , , , | Leave a comment