egmCarTech

According to The Wall Street Journal, Toyota’s President Katsuaki Watanabe is expected to step down next year and become chairman. Sources familiar with the matter said that the move doesn’t indicate change in the strategic direction of the company, but stems largely from the health of Watanabe. It was announced yesterday that Watanabe will not [...]

Toyota’s President Katsuaki Watanabe, a regular at the North American International Auto Show will not be attending the show next month in Detroit. Toyota did not comment on Watanabe’s immediate change of plans. Toyota’s presence at the 2009 Detroit Auto Show will be very significant. The company plans on unveiling the next-generation Toyota Prius Hybrid [...]